Benz Mining Announces New High-Grade Discovery at D Zone, 7.9m at 35.9g/t Au
Benz Mining Announces New High-Grade
Discovery at D Zone, 7.9m at 35.9g/t Au
HIGHLIGHTS
Drill results from wide spaced scout holes at D and E Zones confirm discovery of high-
grade mineralised shoots
Assays for 13 additional holes received - assay results include:
7.9m at 35.9g/t gold including 1.0m at 268.8g/t gold (EM21-168)
1.5m at 16.4g/t gold (EM21-166)
5.3m at 3.5g/t gold including 1.3m at 6.0g/t gold (EM21-167)
1.0m at 8.34g/t gold
(EM21-171)
Current drilling considerably extends D Zone's historical footprint with previous results
of:
2.2m at 18.1 g/t gold including 0.8m at 41.7g/t gold (EM89CH29)
3.8m at 8.5g/t gold (EM20-141)
5.3m at 3.0g/t gold including 1.0m at 8.8g/t gold (EM20-141)
Results confirm the discovery of a high-grade shoot within the 1200m x 500m D Zone
High-grade blind discovery at E Zone with mineralisation drilled over 1000m x 500m
Existing resource at A, B and C Zones cover an area of 1100m x 500m
New style of mineralisation at E Zone within an altered and deformed tonalite intrusion
Assays also confirm the Kotak Trend is present at both D and E Zones
Shallow mineralisation in granodiorite, confirmed with 1.0m at 8.34g/t Au from 125.6m
87 holes for ~48,000m completed, assays pending for 58 holes
Visible gold in 10 holes from D and E Zones pending assays with shallow strong visible
gold mineralisation encountered at 81.3m in drillhole EM21-229 (E Zone)
Toronto, Ontario--(Newsfile Corp. - December 2, 2021) -
Benz Mining Corp. (TSXV: BZ) (ASX: BNZ)
(the
Company
or
Benz
) is pleased to announce results for 13 holes from D and E Zones at the
Eastmain Gold Project (
Eastmain
or the
Project
), which are now confirmed as new high-grade lodes
and have the potential to become an integral part of the Eastmain deposit.
Figure 1: Visible gold intercept E Zone - new discovery - hole EM21-229, 81.3m, assays pending.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_001full.jpg
Benz Mining CEO, Xavier Braud, commented:
"These high-grade results confirm that both D and E Zones host the high-grade shoots we were
looking for, making them similar to A, B and C Zones which form part of our 376,000oz at 7.9g/t gold
resource
1
. One intercept of 7.9m at 35.9g/t gold is 100m away from hole EM20-141, which returned
3.5m at 8.5g/t gold last year in our proof-of-concept campaign of drilling electromagnetic targets,
signalling that Eastmain is set to grow considerably under Benz' ownership.
"Both D and E Zones have large footprints as indicated by electromagnetics. We are still drilling wide
spaced holes on 75 to 100m spacing, pushing out the boundaries of the mineralised system. We
have not found any end to mineralisation; everything is still very much open in all directions. We have
4 more holes with visible gold spread out over 600m of plunge at D Zone and visible gold over a large
200m x 300m area.
"The discovery of a mineralised tonalite at E Zone is highly significant as it represents a new style of
mineralisation and a new structural framework for E zone. We have been able to track it to shallow
depths (<30m vertical) with more recent holes. The spectacular visible gold intercept from hole EM21-
229 shows that potential high-grade mineralisation at E Zone comes close to surface.
"To speed up assays, we have sent multiple batches of core samples to a different laboratory and we
are looking forward to using the first PhotonAssay facility commercially available in the whole of the
Americas under our 20,000 samples per month priority agreement in the new year."
Figure 2: Close up of abundant visible gold grains within EM21-168, part of the 1.0m at 268.8g/t Au.
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_002full.jpg
D Zone
The D Zone is located about 1.0km to the ESE of the C Zone mineralised lens and 1.5 km from camp
infrastructure and can be accessed by a series of exploration trails year-round.
Over the past 15 months, the D Zone system evolved from a small number of historical holes and VTEM
anomalies into a full mineralised system covering 1000m x 300m with multiple high-grade intervals
including the best result acquired by Benz to date of 7.9m at 35.9g/t gold including
1.0m at 268.8g/t gold
in hole EM21-168 located in the central portion of the zone.
By comparison, A, B and C Zones have a footprint of approximately 1100m x 500m with multiple high-
grade shoots.
Figure 3: D Zone maps, July 2020 with limited historical drilling, December 2021 with multiple high-
grade intercepts including new intercepts from the latest batch of results and DHEM conductors
highlighting an area of 1000m x 500m.
To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_003full.jpg
At D Zone, Benz identified at least three mineralised horizons:
The "mine" horizon is associated with a strongly biotite, sericite, silica and carbonate altered
mylonite located in contact and within deformed and altered ultramafic rocks.
Sulphide content
varies from 1-2% to up to 50% in late sulphide veins, containing inclusions of enclosing rocks, and
often associated with quartz veins.
There are also stringers and patches of sulphides that are
foliation parallel.
Garnet porphyroblasts are observed within the more biotite altered rocks.
The
high-grade interval from EM-168 is from this horizon.
The Kotak mineralised trend is located approximately 200m in the hanging wall of the mine
horizon. Mineralisation is geologically similar with an association to a strongly deformed horizon
with quartz and sulphide veins. Local magnetite rich veins/ horizon and quartz, carbonate and
tourmaline veins are observed. Garnet porphyroblasts are present in the more altered rocks.
(EM21-165, EM21-162, EM21-170).
A granodiorite intrusion has been intersected at the beginning of all holes drilled in this area, this
intrusion is syn to post tectonic. The margins are strongly altered and contain xenoliths of enclosing
rocks. Quartz, pyrrhotite and chalcopyrite veins with sericite alteration halos have been noted to
contain visible gold in several holes.
The intersections reported for EM21-169, EM21-171 and
EM21-162 are from quartz veins in altered granodiorite.
Main sulphides are pyrrhotite, chalcopyrite, pyrite and sphalerite. In addition to the strongly mineralised
interval reported in the present release, visible gold was observed in several holes at D Zone.
Figure 4: Mineralised interval Hole EM21-168 7.9m at 35.9g/t including 1.0m at 268.8g/t Au.
To view an enhanced version of Figure 4, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_004full.jpg
E Zone
The E Zone is located about 1km to the ESE of the D Zone mineralised lens and 2.5 km from the camp
infrastructure.
It is easily accessible by a network of trails and from the airstrip.
Results in this release confirm that visible gold at E Zone is associated with high-grade gold values with
the interval returning 5.3m at 3.5g/t gold including 1.3m at 6.0g/t gold (EM21-167) from a zone which had
shown visible gold in drill core (see figure 7).
Figure 5: E Zone maps, July 2020 with limited VTEM anomalies and no drilling, December 2021 with
multiple high-grade intercepts including new intercepts from the latest batch of results and DHEM
conductors highlighting an area of 1000m x 500m.
To view an enhanced version of Figure 5, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_005full.jpg
Drillhole EM21-229, which is the easternmost hole drilled to date at Eastmain, returned strongly
mineralised core with visible gold mineralisation present at the shallow depth of 81.3m (see figure 8)
associated with a strongly deformed and altered horizon within the volcanic sequence.
At E Zone, drilling encountered gold and sulphide mineralisation in several settings.
A strongly deformed and altered horizon located at the contact of the volcanosedimentary
sequence and a deformed and altered tonalite intrusion structurally interpreted as located between
the Kotak horizon and the Mine horizon. This mineralization responds well to BHEM and TDEM
surveys.
This horizon is strongly altered in biotite, sericite and carbonate and is cut by sulphide and
quartz veins. Visible gold has been observed in this setting in several holes. The intersection from
Hole EM21-167 is from this horizon.
Strongly sericite, albite and carbonate altered tonalite with quartz, carbonate and tourmaline veins
and veinlets.
Pyrite, sphalerite and locally arsenopyrite (with pyrrhotite and chalcopyrite) are
observed in association with quartz veins.
Visible gold has been observed in several holes in this
setting. The intersection from hole EM21-166 is from an altered tonalite with quartz, carbonate
tourmaline veins.
This tonalite intrusion has a variable thickness over the area.
Monzonite and quartz diorite were
observed in the margins of this intrusion.
It has only been observed in E Zone and is interpreted as
syntectonic.
Figure 6: NE-SW Schematic geological cross section showing the recently discovered mineralised
tonalite intrusion at E Zone.
To view an enhanced version of Figure 6, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_006full.jpg
Figure 7: Mineralised tonalite contact with visible gold associated with a pyrrhotite rich quartz vein
(Hole EM21-167, 278.6m) 5.3m at 3.5g/t Au including 1.3m at 6.0g/t Au.
To view an enhanced version of Figure 7, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_007full.jpg
Figure 8: Visible gold intercept E Zone, hole EM21-229, 81.3m assays pending.
To view an enhanced version of Figure 8, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_008full.jpg
Figure 9: Map view of the Eastmain Project with historical and current high grade drill results and 2021
drilling pending assays with EM conductors and simplified geology.
To view an enhanced version of Figure 9, please visit:
https://orders.newsfilecorp.com/files/1818/106245_0ddfc04d54e69a1e_009full.jpg
The results in this release are a mix of standard 50g charge fire assays and metallic screen fire assays.
The choice of method was based on geological observations with samples showing strong visual
mineralisation assayed directly by metallic screen fire assays.
This press release was prepared under supervision and approved by Dr. Danielle Giovenazzo,
P.Geo, acting as Benz's qualified person under National Instrument 43-101.
About Benz Mining Corp.
Benz Mining Corp. brings together an experienced team of geoscientists and finance professionals with
a focused strategy to unlock the mineral potential of the Upper Eastmain Greenstone Belt in Northern
Quebec. Benz is earning a 100% interest in the former producing high grade Eastmain gold mine, Ruby
Hill West and Ruby Hill East projects in Quebec and owns 100% of the Windy Mountain project.
The Eastmain Gold Project is situated within the Upper Eastmain Greenstone Belt in Quebec, Canada
and currently hosts a NI 43-101 and JORC (2012) compliant resource of 376,000oz at 7.9gpt gold
(Indicated: 236,500oz at 8.2g/t Au - Inferred: 139,300oz at 7.5g/t Au). The existing gold mineralization is
associated with 15-20% semi-massive to massive pyrrhotite, pyrite and chalcopyrite making it