Benz Mining Corp (TSX-V:BZ) has received results from a recent drilling program for the Glenburgh Gold Project in Western Australia, revealing potential to host a “significant” system.
The results mark a step forward in understanding and expanding the gold system, with several key technical and strategic milestones achieved.
Benz Mining says the results are encouraging and demonstrate strong continuity of the lenses along strike and at depth.
Some of the latest results include 39m @ 5.1 grams per tonne gold from 319m; 10m @ 12.9g/t gold from 299m; and 2m @ 12g/t from 350m.
CEO Mark Lynch-Staunton says to gather indications that this mineralisation is close to true width is a huge step forward.
“It gives us real confidence in the scale, consistency, and continuity of this system,” Lynch-Staunton says.
“We’ve long believed Glenburgh has the potential to host a significant gold system, and these latest results strongly support that view.
“We’re just getting started — with step-out drilling now underway and new zones emerging between Zone 126 and Zone 102, we are well-positioned to continue to unlock a much larger mineralised system at Glenburgh.”
To date, drilling has focused on extending the two known lenses at the Zone 126 trend, which lays the groundwork for Benz’s maiden resource estimate at Glenburgh.
The company is conducting a fully-funded 30,000m drilling program at Glenburg, after completing a $13.5 million capital raise.
The Glenburgh Gold Project, covering 786km2, has an initial resource estimate of 16.3 million tonnes @ 1g/t gold for 510,100 ounces of contained gold.
Benz Mining Corp is a dual-listed gold explorer with a portfolio of assets in Western Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Benz Mining Corp
