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Benz Mining Outlines 10-12 Moz Gold Target at Glenburgh

On June 24, Benz Mining announced a maiden Exploration Target for its Glenburgh Gold Project in Western Australia, outlining potential scale of 485-540 Mt grading 0.6-0.7 g/t Au for 10.1-12.0 Moz contained gold. This follows strong June 23 drill results from Sitka Gold and Kirkland Lake Discoveries that expanded high-grade gold systems at Blackjack and Mirado. Benz noted ~80% of the target is drill-defined and plans aggressive drilling to convert a substantial portion into a Mineral Resource in CY27. The fully permitted project highlights large-scale open-pit and underground potential with strong metallurgical recoveries.

Category

Gold

Sentiment

Bullish

Event

Milestone

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1 min