Business
Benz Mining Corp. Intersects Mineralization in Every Hole Drilled and Completes 2017 Drill Program
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2017) - Benz Mining Corp. (TSXV: BZ...
About this update from Benz Mining Corp.
[{"type":"text","content":"Benz Mining Corp. Intersects Mineralization in Every Hole Drilled and Completes 2017 Drill ProgramVancouver, British Columbia--(Newsfile Corp. - October 24, 2017) - Benz Mining Corp. (TSXV: BZ) (the \"Company\" or \"Benz\"), is pleased to announce the completion of its 2017 diamond drilling program. A total of nine (9) planned drill holes totaling 2,114.22 m were completed at the Mel Zinc-Lead-Barite project in south-east Yukon. Assay results from this year's program are expected by the end of November and will be released as they become available. Sample material from these holes will allow the Company to undertake metallurgical testing once all assay results have been received and reviewed.Drilling focused on the Mel Main Zone, which hosts an Inferred Mineral Resource of 5.28 million tonnes averaging 6.51 % zinc, 1.86% lead and 45.05% barite reported in a National Instrument 43-101 Technical Report prepared for Benz, by H. Leo King, P.Geo. and G.H. Giroux, P.Eng., which can be found on SEDAR under the company's profile.The completed program provides new drill data to confirm the existing deposit model generated by previous operators. Diamond drilling targeted gaps within the deposit model, where previous drill spacing was too wide-spaced, and will provide data on metal grade continuity in these areas. Information collected from this year's program will be used to increase the confidence level of the current Inferred Mineral Resource and upgrade its category. All the diamond drill holes completed in 2017 intersected mineralized intervals comprising sphalerite, galena, and barite, where predicted by the model.Core samples from the drill holes have been shipped to ALS Minerals in Whitehorse, YT, where they will be prepared and then shipped to ALS's laboratory in North Vancouver, BC for analysis.Surface mapping and trenching demonstrate that mineralization along the favourable stratigraphic contact can be traced at surface for at least 125 m and possibly up to 150 m north on strike from the Mel Main Zone resource model. Visible sphalerite, galena and barite mineralization were observed in two trenches along this strike extension. Only one drill hole has been drilled along this extension; historical hole 75-13 intersected 13.5% zinc and 1.15% lead over a 0.76 m intercept from 198.12 to 198.88 m depth down-hole; barite was not analy...