Benz Mining Corp Unveils Breakthrough High‑Grade Gold Discovery with New Third Lens and Extended Mineralisation at Glenburgh Gold Project
Thursday, July 31, 2025
at
9:27 am
Benz Mining Corp has discovered a new high-grade gold lens and extended deep mineralisation at its Glenburgh Gold Project. These breakthrough results validate its structural model and unlock exciting near-resource growth potential, bolstering confidence in the project's upside for emerging traders.
Benz Mining Corp recently announced breakthrough drilling results at its Glenburgh Gold Project in Western Australia. The company reported the discovery of a new high-grade third lens located about 70 metres southeast of the existing second lens. Two drill holes have intercepted this newly identified mineralised zone, with notable results including an 11‐metre intersection averaging 5.5 g/t gold and another 20‐metre intercept averaging 2.6 g/t gold (including 5 metres at 5.4 g/t). These findings suggest the potential for a vertical extent of mineralisation exceeding 300 metres.
The drilling campaign also confirmed significant high-grade continuity below the second lens. Key intercepts during infill drilling revealed strong, continuous gold grades, such as 10 metres at 6.1 g/t gold (with 3 metres at 16.8 g/t) and 5 metres at 13.5 g/t gold. These results not only validate Benz Mining Corp’s breakthrough targeting model—which now emphasizes a northeast plunge rather than the previously assumed southwest orientation—but also indicate that the gold system remains open along strike and at depth, adding further weight to the project’s high-grade potential.
The company noted that its drilling program, supported by a recent $13.5 million capital raise, is fully funded and is ongoing, with plans now focused on systematically delineating the full scale and continuity of these high-grade horizons. Benz Mining Corp’s management expressed confidence in both the emerging third lens and the deep extension beneath the second lens, suggesting that these discoveries could transform Glenburgh into a significant, vertically extensive underground gold project.
From a market sentiment perspective, bullish investors may view these results favorably due to the strong grades consistently intersected and the validation of the structural model that has led to multiple new discoveries. The presence of continuous high-grade zones and the openness of the system on multiple fronts point to substantial upside potential for resource expansion. On the other hand, bearish sentiment could focus on the inherent risks associated with early-stage exploration, such as the uncertainties in estimating full resource size, potential execution risks in expanding the resource, and the dependency on sustained drilling success and favorable gold prices. Overall, the latest results reinforce Benz Mining Corp’s exploration strategy and may serve as a catalyst for positive developments as the drilling program progresses.