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Third Spodumene Bearing Pegmatite Outcrop Discovery Along 25km Trend

Highlights New outcropping spodumene bearing pegmatite discovered 2km west of Mikisiw pegmati...

articleBenz Mining Corp.August 28, 20235/company/benz-mining-corp/news/third-spodumene-bearing-pegmatite-outcrop-discovery-along-25km-trend
Third Spodumene Bearing Pegmatite Outcrop Discovery Along 25km Trend

About this update from Benz Mining Corp.

[{"type":"text","content":"Third Spodumene Bearing Pegmatite Outcrop Discovery Along 25km TrendHighlightsNew outcropping spodumene bearing pegmatite discovered 2km west of Mikisiw pegmatite which sampled up to 5% Li2O from outcropThe new discovery (M-2) is on the 25km LCT trend in the Ruby Hill West Project M-2 is approximately 400m from a historical drill hole drilled in the 90s that intersected 30m of pegmatite (unassayed for lithium)Benz's 25km lithium trend predominantly undercover so further mapping and sampling required to discover potential additional pegmatites along the trendExploration program on the Li-pegmatite trend will resume in early SeptemberToronto, Ontario--(Newsfile Corp. - August 28, 2023) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to report the discovery of a new area of outcropping spodumene bearing pegmatites discovered along the 25km lithium-caesium-tantalum (LCT) pegmatite trend at Ruby Hill West in Quebec, Canada.The new discovery, M-2, is located approximately 2km west of the recently announced Mikisiw discovery1 which returned samples of up to 5% Li2O at outcrop. The M-2 pegmatite outcrop is located 400m from a historical diamond drill hole (DDH 90-EM-003) drilled by Kingswood Explorations 1985 Limited in 1990 that intersected 30m of muscovite- bearing pegmatite from 140.5m - 171.7m depth and was not assayed for lithium. Figure 1: Location of the new M-2 outcrop spodumene pegmatite discovery along the 25km+ lithium trend. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1818/178646_2575ebeb840ae96e_001full.jpgFollowing the identification of the 25km pegmatite trend, the Company selected areas for soil sampling and further prospecting, including the Mikisiw M-1 and M-2 areas. All available datasets were compiled including historical drilling where the pegmatite intersection in DDH 90 EM-003 warranted further investigation in this area. The Company notes that the position of this drill hole is approximate.Benz Executive Chairman, Evan Cranston, said,\"The discovery of a new spodumene-bearing outcrop of pegmatite 2km west of the Mikisiw lithium pegmatite supports the assumption for LCT pegmatites extending through the Ruby Hill West Property on a specific trend that is located near the northern contact of the granite and greenstone belt.\"M-2 is a...

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