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Goldman Significant intercepts and new structural insights confirm upside at Glenburgh
Benz Mining Corp. (ASX:BNZ) has reported a major high-grade gold discovery from maiden drilling at the Zone 126 target within its Glenburgh Gold Project in Western Australia. The initial drilling returned some of the highest-grade intercepts seen on the project, extending mineralisation approximately 80 metres down-plunge from previously interpreted gold zones.
Top intercepts from the campaign include:
- 11m at 19.9g/t gold from 274m (GBZ126_010)
- 5m at 10.2g/t gold from 222m and 7m at 3.5g/t gold from 233m (GBZ126_001)
- 4m at 12.2g/t gold from 319m (GBZ126_009)
- 8m at 5.6g/t gold from 243m (GBZ126_013)
The results confirm a previously unrecognised north-east plunge to the mineralised system, shifting the geological understanding of the project. This new interpretation opens up the entire 18km Glenburgh mineralised corridor to new untested fold plunge targets.
These findings mark the first application of Benz’s refined targeting model at Glenburgh and demonstrate significant discovery potential, with extensive mapping underway to support further drilling.
Benz CEO, Mark Lynch-Staunton, commented:
We are absolutely thrilled with the results of our maiden drilling program at Zone 126. Not only have we hit one of the highest ever gold intercepts on the entire project to date in our maiden program, but more importantly, we have confirmed our concept that completely turns the structural understanding of the Glenburgh Gold Project on its head. This extension is a significant high-grade gold discovery. It’s the first time this gold deposit has been drilled with our refined targeting approach, and the results speak for themselves.
Not only have we intersected exceptional grades, but we’ve also opened up the entire 18km mineralised gold corridor to untested north-east fold plunge targets. With advanced surface mapping now underway and clear structural controls visible at surface, we’re in a strong position to identify and drill the next round of high-potential targets. This is a huge step forward for the Glenburgh Gold Project, and we believe we’re just scratching the surface of the true potential of what we believe could be a multi-million ounce gold system.
