BENZF News and Press, Benz Mining From 08/26/21

HIGHLIGHTS Regional exploration summer work confirms numerous mineral occurrences across Benz tenement package typical from Archean greenstone belts Outcropping lithium (spodumene) bearing pegmatite at Ruby Hill West with historic rock chips samples assay results from a 60m x 25m outc...

HIGHLIGHTS FLEM identify multiple conductors 2.5km north of the Eastmain Mine at Placer Lake Conductors extend over strike length of approximately 2km and coincident with historical rock chip samples of 8.3g/t gold at surface and untested by drilling Total strike length of conduc...

Australia has earned its place as one of the world’s largest and most diversified economies, with nearly 30 years of economic growth without a recession prior to the COVID-19 pandemic. Clocking in at number 13 globally, Australia’s economy is larger than that o...

HIGHLIGHTS 2021 FLEM survey of Loop G identifies multiple conductors located 2 km to the east of historical resources of Eastmain Mine. Conductors currently being tested as part of Benz's 50,000m fully funded drill 2021 program. Visible gold observed in two holes in this area, col...

HIGHLIGHTS Second drill rig at Eastmain doubling drilling capacity at the project Multiple targets from the 2020 FLEM campaign and ongoing DHEM surveys Acquisition of two FLEM surveys completed - processing and interpretation imminent Shipping of samples to Australia underway af...

HIGHLIGHTS 10 holes +4,000m of drilling completed since the beginning of 2021 Targeting FLEM and DHEM conductors identified in 2020 EM campaign Drilling confirmed the presence of a mineralized horizon below A Zone with strong visual mineralization intersected approximately 150m be...

Highly successful maiden scout drilling campaign returns individual assays up to 85.0g/t gold HIGHLIGHTS Assays for Benz's maiden 2020 drilling campaign received and processed Several high-grade (+8.0g/t gold) intervals and individual assays values up to 85.0g/t Au Second new ...

HIGHLIGHTS First rig arrived on site on 13 January and is now drilling First target of 2021 drill season is the newly identified footwall conductors Numerous untested conductors from the 2020 EM campaign to be drilled in priority FLEM underway covering 3km of potential strike e...

HIGHLIGHTS Re-processing of FLEM identified a large conductor in the footwall of the existing resource at A Zone (376,000oz at 7.9gpt gold) Last DHEM survey of historical hole in 2020 identified off-hole conductors 200m in the footwall of A Zone confirming FLEM modelled plate These...

HIGHLIGHTS Maiden 7,110m, 12-hole diamond drill program successfully completed at Eastmain Drilling targeted a combination of fixed-loop and borehole electromagnetic conductors identified in the recent geophysics campaigns 110 line-km FLEM survey identified multiple conductors alon...