Business
Benz Mining Announces Maiden Regional Exploration Campaign Confirms Multiple Commodity Potential for Upper Eastmain Greenstone Belt
HIGHLIGHTS Regional exploration summer work confirms numerous mineral occurrences across...
About this update from Benz Mining Corp.
[{"type":"text","content":"Benz Mining Announces Maiden Regional Exploration Campaign Confirms Multiple Commodity Potential for Upper Eastmain Greenstone BeltHIGHLIGHTS Regional exploration summer work confirms numerous mineral occurrences across Benz tenement package typical from Archean greenstone beltsOutcropping lithium (spodumene) bearing pegmatite at Ruby Hill West with historic rock chips samples assay results from a 60m x 25m outcrop including:4.72%Li2O, 1720 ppm Rb (>100ppm Ta, >500ppm Cs)2.15% Li2O, 990 ppm Rb (>100ppm Ta, >500ppm Cs)1.97% Li2O, 3660 ppm Rb (>100ppm Ta, >500ppm Cs)1.10% Li2O, 710 ppm Rb (>100ppm Ta, >500ppm Cs)Outcropping copper-gold mineralization in the Placer Lake Area coincident with newly defined FLEM conductors with historical values of 2.7% Cu and 8.2 g/t AuMultiple occurrences coincident with VTEM anomalies at both Ruby Hill West and East30km of untested VTEM conductors on ultramafic contact at Ruby Hill West and East Third drill rig due at site imminently with assays for 15,000m currently outstanding Toronto, Ontario--(Newsfile Corp. - August 26, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to update the market on its summer regional exploration campaign, led in parallel with its 50,000m diamond drilling campaign at Eastmain. Multiple documented mineral occurrences were visited to confirm historical data, collect additional surface samples and prepare for further exploration activities.The successful campaign confirmed the strong mineral endowment potential of the upper Eastmain Greenstone Belt of which Benz controls 220km2 or approximately 30%. A large part of the belt's geology lies under a thin layer of cover, a situation that Benz has successfully overcome at Eastmain with the discovery of three new mineralized zones under glacial till cover using the appropriate geophysical methods.CEO, Xavier Braud, commented: \"Archean Greenstone Belts worldwide have been a source of mineral wealth thanks to their amazing endowment, not only in gold but in base metals from copper rich VMS deposits to ultramafic hosted nickel deposits. If one wanted to compare the Upper Eastmain Greenstone Belt with an Australian example, the Agnew to Wiluna Greenstone Belt would come to mind. The significant difference is that the Agnew to Wiluna belt has been accessible to prospectors a...