Tag Archives: Benz

HIGHLIGHTS Firm commitments received for a placement to raise A$13.5 millionProceeds to be primarily used to accelerate exploration at the Company’s Glenburgh and Mt Egerton Gold Projects in Western AustraliaSpartan Resources participating in the placement for ~A$2 million to maintain their 14.9% shareholding Vancouver, British Columbia–(Newsfile Corp. – April 15, …

HIGHLIGHTS: New High-Grade Gold Discovery: Benz initial results from maiden drilling at the Zone 126 target at the Glenburgh Gold Project have revealed a significant new high-grade gold lens approximately 80m down-plunge from previously interpreted gold mineralisation. Significant intercepts include: 11m at 19.9g/t gold from 274m (GBZ126_010) 5m at 10.2g/t …

HIGHLIGHTS Benz has exercised the option to acquire highly prospective tenements adjacent to the Glenburgh Gold Project, increasing the total project tenure to ~898km2. Exercising the option has secured over ~20km of potential strike extension to the known mineralisation at the Glenburgh Gold Project.Regional geological interpretation suggests similar lithologies that …

HIGHLIGHTS Maiden drill program set to commence at the 100% owned Glenburgh Gold Project, with drill rig mobilisation underway and drilling scheduled to start end of this week with highly regarded drilling contractor, TopDrill.Drilling to target high-grade extensions at Zone 126 and Apollo (Figures 1 to 4) following up hits …