Benz Mining Corp. (ASX: BNZ) summer exploration program has restarted following an 8-week hiatus due to the bushfire restrictions with a mapping, trenching, and soil sampling program concentrated in the area of its new discovery.
The $67.16 million market capitalisation company today (3 August 2023) reports it has identified a possible new lithium mineralised trend of over 25km on the Ruby Hill West in Quebec, Canada.
Detailed mapping will now be carried out over the newly discovered Mikisiw prospect with a view for it to be drill ready in the next few months.
Mapping and prospection work in late May discovered the new Mikisiw area of outcrops and blocks of spodumene bearing LCT (lithium-caesium-tantalum) pegmatite.
Following the drilling of lithium bearing pegmatite outcrops at Ruby Hill West in April 2022 where maiden drilling intersected 26.4m at 1.01% Li2O, Benz identified a number of other pegmatite outcrops which were mapped and sampled in October 2022.
Dahrouge Geological Consulting were engaged to complete a review of the geological database to identify and target new potential pegmatite zones that may contain lithium. The data review identified that the northern portion of the greenstone belt was the preferred target zone.
Analysis of grab samples taken at Mikisiw have confirmed the presence of high-grade lithium with samples up to 5.57% Li2O. The Mikisiw outcrop discovery is hugely significant as it has highlighted the potential for a 25km-plus long zone that has seen limited exploration with no prior exploration for lithium.
Upon the start of the summer exploration programs, Benz geologists identified the Mikisiw outcrop a few days prior to the suspension of all work programs and evacuation of this area due to the well-publicised bushfires that ceased exploration across all of the James Bay region.
Write to Adam Orlando at Mining.com.au
Images: Benz Mining Corp.