Benz Mining (ASX:BNZ) found a new mineralized corridor during ongoing drilling at Hurricane Camp within the Glenburgh project in Western Australia, according to a Thursday filing with the Australian bourse.
Initial results include 11 meters at 6.4 grams per tonne grade of gold from 306 meters, within 102 meters at 1.1 g/t grade of gold, and two meters at 19 g/t grade of gold from 298 meters, the filing said.
The company is advancing drilling across the camp, with two rigs designated to test the full extent of the mineralized system, per the filing.
Shares fell 2% in midday trade on Thursday.