Benz Mining Confirms Robust Gold Mineralisation at New Glenburgh Third Lens Discovery

Step-out drilling at Benz Mining’s (ASX: BNZ) Zone 126 prospect within the company’s Glenburgh gold project in Western Australia has confirmed the new Third Lens discovery as a robust body of mineralisation supported by a pipeline of emerging targets.

The reverse circulation campaign returned thick, high-grade mineralisation from the lens, with a best assay of 44 metres at 4.6 grams per tonne gold from 475m within a broader zone of 103m at 2.3g/t gold.

It is one of the thickest bulk-style underground results to date at the project and confirms Zone 126 as a multi-lens system extending over more than one kilometre of strike.

Two New Zone 126 Lenses

The results validate Benz’s exploration strategy, which has so far delivered two new lenses along the Zone 126 trend that remain open at depth, providing significant opportunity for the company to add more high-grade ounces.

Benz is targeting another two lenses along strike under strong geochemistry anomalies that remain untested below shallow drilling.

The company has commenced drilling to test the estimated positions of the new lenses using a third rig, with a fourth due to arrive onsite before month end.

Zone 126 represents less than 33% of the total mineralised corridor at Glenburgh and presents strong potential for new parallel “blind discoveries”.

Exciting Underground Opportunity

Benz chief executive officer Mark Lynch-Staunton said Zone 126 was establishing itself as an exciting underground growth opportunity.

“These latest results highlight just how thick this system can get — they speak directly to the bulk underground potential we are uncovering and we believe this is shaping into a much more extensive system,” he said.

“Importantly, our structural modelling has identified locations of the fourth and fifth lenses, where secondary shear zones cut through the prospective mineralised horizon, and we have projected their plunge to the northeast so we can target them through drilling.”

Significant Growth Potential

Benz sees Zone 126 as an “exceptional” discovery with significant potential for growth.

“Every hole we drill is part of a bigger picture and is building our confidence in this prospect as an evolving, multi-lens, kilometre-scale gold system,” Mr Lynch-Staunton said.

“We are accelerating our exploration across the Zone 126 trend to aggressively test the potential for additional parallel lenses.”

Elsewhere at Glenburgh, two drill rigs continue to drill out the bulk tonnage potential of the Apollo Icon trend and a fourth rig is due onsite to scout out new targets along the project’s 18km gold corridor.