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Benz Mining drilling at NW Zone Returns Visible Gold at Eastmain

Mar 5, 2021


Benz Mining Corp. has released an exploration update from its drilling and EM programs at its Eastmain Gold Project. 

HIGHLIGHTS 

  • 10 holes +4,000m of drilling completed since the beginning of 2021
  • Targeting FLEM and DHEM conductors identified in 2020 EM campaign 
  • Drilling confirmed the presence of a mineralized horizon below A Zone with strong visual mineralization intersected approximately 150m below the existing resource 
  • This target is approximately 2km along strike from D Zone that previously intersected Nisto Trend (3.8m at 8.5g/t gold discovery hole)
  • Strong off-hole DHEM conductors to be further tested represents a new exciting growth opportunity 
  • Drilling EM conductors at NW Zone returned strong mineralization with multiple visible gold grains over 3.0m 
  • Confirms presence of additional new discoveries 600m north of the current resource 
  • Heterogeneity test on coarse gold underway with systematic sampling of core, historical and current, under supervision from world expert 
  • +4,000 samples being shipped to Australia for systematic re-analysis by PhotonAssayTMas technology not yet commercially available in North America
  • FLEM loops G & H extending the mineralized trend 3km to the ESE completed awaiting processing and modelling 
  • Second drill rig and crew mobilizing to site this month to accelerate 50,000m drill program in 2021

 

Image removed.

Figure 1. Visible gold circled in red from core drilled at NW Zone (hole EM21-146) 600m NW of the existing resource

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/1818/76044_e6a3803ea4f96bb4_001full.jpg

10 holes have been drilled to date, targeting EM conductors defined during the FLEM and DHEM campaigns of 2020. Drilling has been focussed on untested conductors at NW Zone and Hillhouse as well as testing the extent of the newly discovered mineralized horizon below A Zone. 

All holes drilled in 2021 encountered the expected geology and identified mineralization in positions compatible with the modelled conductors. 9 holes have been probed with DHEM awaiting processing and modelling.

CEO, Xavier Braud, commented: 

"The adoption of new technology and techniques at the Eastmain Gold Project continues in 2021 where it left off in 2020. Electromagnetics is proving to be an extremely effective direct targeting tool with all holes drilled to date returning visual mineralization with quartz, carbonate, pyrrhotite, chalcopyrite and, in some instances, visible gold grains. 

We have now confirmed the presence of a mineralized horizon below A Zone, some 2km from where the Nisto Trend was first intersected at D Zone. DHEM and further drilling will help define the lateral extent of this mineralization. 

All samples from mineralized intervals submitted for analysis this year are being assayed using 1,000gr metal screen fire assays to try and minimize the influence of nugget effect. We have also embarked on an ambitious heterogeneity test which will characterize the amount and influence of coarse gold in the system and will ultimately help with optimization of assay method and might even provide material for an upgrade of the current resource estimate."

The reader is warned the presence of visible gold and other indicators in core does not assure high assay results when processed at a laboratory.



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