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Benz Mining discovers 3rd spodumene-bearing outcrop at Ruby Hill

Aug 28, 2023

Benz Mining Corp. has reported 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.

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. 

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Following 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 very exciting discovery given its proximity to a historical drill hole that intersected a 30m thick pegmatite in 1990 that was not assayed for lithium. Our team is starting to understand the controls for lithium in this completely unexplored greenstone belt and we are excited to continue the exploration and uncovering further outcrops along our unexplored trend." 

The pegmatite outcrops on the Ruby Hill West pegmatite trend tend to be under a thin layer of moss and vegetation. The Company is currently clearing some of the discovered outcrops and exposing substantial pegmatites.

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Figure 2: A substantial pegmatite outcrop at Ruby Hill West following removal of the layer of moss and vegetation. Drilling in the vicinity of this outcrop intersected 26.4m at 1.01% Li2O from 7.4m (see announcement dated 1 August 2022). NB this outcrop was discovered after the maiden drill program due to it being under shallow cover and covered in snow. 

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