BNZ - Benz Mining Corp

Benz Mining Corp is a Canadian mineral exploration company. Its flagship project is the Eastmain Gold Project in Québec.

The Company has the exclusive option to earn up to a 100% interest in the Eastmain Gold Project, the Ruby Hill West property and Ruby Hill East property located in the James Bay region of Québec, Canada.

The Project is situated in a highly prospective region, and was previously producing (MSV Resources Inc. mined 118,356 tonnes grading 10.58 g/t Au and 0.3% Cu by room and pillar mining (1995)). At present, the Project has a Mineral Resource estimate comprised of Indicated Resources of 899,000t at an average grade of 8.19 g/t Au for 236,500 Au oz and Inferred Resources of 579,000t at an average grade of 7.48 g/t Au for 139,300 Au oz.

It is anticipated that BNZ will list on the ASX during December 2020.

not a bad Xnas present for those onboard .... IPO at 50c and opened well north (up near the Arctic Circle?)

TSXV: BZ, ASX: BNZ
03 February 2022
HIGH GRADE LITHIUM
AT RUBY HILL WEST

HIGHLIGHTS

• High grade lithium mineralisation identified over a large outcropping area at Ruby Hill West, with additional high-value credits from rubidium, caesium and tantalum

• Samples confirmed presence of LCT pegmatite and returned:
 1.9% Li2O, 3160ppm Rb, >500ppm Cs, 274ppm Ta
 1.6% Li2O, 3470ppm Rb, >500ppm Cs, >500ppm Ta
 0.8% Li2O, 980ppm Rb, >500ppm Cs, >500ppm Ta
 0.5% Li2O, 3810ppm Rb, >500ppm Cs, 324ppm Ta

• Results extend strike length of previously identified by surface sampling:
 4.7% Li2O, 1720 ppm Rb (>100ppm Ta, >500ppm Cs)
 2.59% Li2O, 1970ppm Rb, 1030 ppm Ta and 7530 ppm Cs

• Outcrop identified over 100m x 40m open in all directions and untested by drilling

• Area along strike strongly prospective for potential repeats of pegmatite dykes with
little past exploration for this commodity

• Magnetic “lows” shows possible extent to the pegmatite over several kilometres under glacial cover

• Unexplored structural setting may hold potential for additional LCT pegmatites over the length of the greenstone belt of which Benz controls 35km

• Preparations for drilling underway with commencement expected end of March / April as soon as weather permits

I figured most holders will be holding out for a better price.

I have bought a small parcel at the $0.71 figure. ?

A bit of movement in the share price and looks like it could go on a bit more yet.

Acquisition of Glenburgh and Mt Egerton projects from Spartan Resources

Good call @Country Lad

Benz Mining was the most interesting of the presentations at Diggers and Dealers 2025 that I've managed to watch.(It's on the Tube).

Euroz has put out an update.


Edit - Forgot to mention, RMS owns 15%, I presume from the SPR deal.