Benz Mining Confirms Mineralization Continuity, Resource Growth Potential at Western Australia Prospect; Shares Reach Three-Year High

MT Newswires Live

Aug 04, 2025

Benz Mining (ASX:BNZ) confirmed mineralization continuity and "significant" potential for resource growth after the receipt of further results from ongoing drilling at the Icon prospect within the Glenburgh project in Western Australia, according to a Monday filing with the Australian bourse.

New step-out holes drilled at the prospect targeting a large gap under previous drilling yielded thick, high-grade gold, with results including 154 meters long with 1.1 grams per tonne grade of gold from 76 meters, and 134 meters long with 1 g/t grade of gold from 66 meters, the filing said.

Drilling also delivered multiple gold intercepts exceeding 200 meters, with all of them ending in mineralization, according to the filing.

Shares rose more than 5% in afternoon trade Monday and earlier reached their highest since April 2022.

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