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Benz Mining: PhotonAssay Delivers Increase in Reported Gold and Confirms Coarse Gold

HIGHLIGHTS PhotonAssay analysis of 18,143 samples (from 8,500kg of coarse crushed rejec...

articleBenz Mining Corp.November 3, 20215/company/benz-mining-corp/news/benz-mining-photonassay-delivers-increase-in-reported-gold-and-confirms-coarse-gold
Benz Mining: PhotonAssay Delivers Increase in Reported Gold and Confirms Coarse Gold

About this update from Benz Mining Corp.

[{"type":"text","content":"Benz Mining: PhotonAssay Delivers Increase in Reported Gold and Confirms Coarse GoldHIGHLIGHTS PhotonAssay analysis of 18,143 samples (from 8,500kg of coarse crushed rejects) from the 2020 drilling campaign identifies more high-grade gold Eastmain Gold ProjectResults include39% increase in the number of reportable intercepts (>0.2g/t Au) from 84 to 11780% increase in the number of high-grade intercepts (>8g/t Au) from 5 to 985% of reportable samples returned higher gold value by PhotonAssayExclusivity agreement executed with MSA laboratories which will see the first PhotonAssay facility in North AmericaThe agreement will enable Benz to assay 20,000 samples per month, resulting in much faster turnaround and better gold detection Additional 7,500kg of coarse crushed material from the 2021 drilling campaign has arrived for PhotonAssay in PerthToronto, Ontario--(Newsfile Corp. - November 3, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to provide an update on the recently completed PhotonAssay duplicate analysis. The campaign was a success with a substantial increase in both the overall amount of gold mineralised intervals and the number of high-grade (>8g/t Au) intervals reported.CEO Xavier Braud commented: \"PhotonAssay of material from our 2020 drilling campaign has delivered exceptional results, showing there is more gold in the system than previously reported. Despite running it on a relatively small number of samples, we can clearly see that this assay method is detecting more gold in most samples submitted. We went from 84 reportable intercepts (gold>0.2g/t) to 117. This is 39% more reportable gold than obtained from fire assay analysis. \"Out of 117 reportable samples, 99 have returned higher maximum values by PhotonAssay than by Fire Assay. This means that for 85% of samples, PhotonAssay yielded higher gold values\"In one instance, Fire Assay had returned <0.01 g/t Au and the best PhotonAssay came back at 0.7g/t Au (a >13,900% uplift). This turns a seemingly barren zone into a prospective area with strongly anomalous gold. In this instance, the 0.7g/t Au result was even flagged as heterogeneous, confirming nugget effect. This is of prime importance - the nugget effect is the main attribute of true high grade gold deposits.\"This round of analysis fulfilled our expectation...

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