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Contact BZ >HIGHLIGHTS:The remarkable scale of Icon is becoming increasingly apparent. Systematic 50 x 25 m drilling has now delineated a 100–200 m-wide mineralised system across the first 1 km of the known 3 km trend, with mineralisation defined to vertical depths exceeding 500 m. The system comprises multiple stacked high-grade gold lenses, with individual lenses averaging approximately 30-50 m in width, surrounded and interconnected by a substantial mineralised halo. Highlights include:46 m at 6.5 g/t Au from 454 m in 26CN12042 m at 3.0 g/t Au from 337 m in 26CN12939 m at 3.1 g/t Au from 388 m in...
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2026) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (Benz or the Company) is pleased to advise that, further to its announcement dated August 23, 2026 in relation to the private placement for 40,431,267 new fully paid CHESS Depositary Interests (CDIs) in the Company at an issue price of A$3.71 (C$3.661) per CDI to raise A$150,000,000 (C$148,020,000) (before costs) (Placement), it has successfully completed the Placement. Each CDI represents one underlying common share in the Company on a one for one basis.Proceeds from the Placement will be...
Not for release to US wire services or distribution in the United StatesHIGHLIGHTSBenz has received firm commitments to raise A$150 million via a targeted institutional placement driven by inbound interest from a select group of long-only, global specialist resources investors Placement proceeds will accelerate Benz's planned 450,000m Glenburgh drill program, adding 6 additional drill rigs to take the on-site fleet to 14 rigs operating across 20 shifts The 450,000m campaign represents one of the largest planned gold exploration drilling programs in Australia and, by scale, among the largest gl...