Benz Mining Reports Multiple Spodumene Pegmatites Intersected in Maiden Drill Program at Ruby Hill West
Benz Mining Reports Multiple Spodumene
Pegmatites Intersected in Maiden Drill
Program at Ruby Hill West
HIGHLIGHTS
Drilling program at RHW complete with 6 holes drilled for 1,176m
Strong visual intercept of 31.3m of spodumene bearing pegmatite from 3.4m in hole
RHW22-006
Multiple pegmatites dykes over 200m strike show a possible dyke swarm at Ruby Hill
West and confirm the discovery of a new mineral system
Drilling targeted spodumene bearing pegmatite under an outcrop which had returned
2.59% Li
2
O, 1970ppm Rb, 1030 ppm Ta and 7530 ppm Cs
1.9% Li
2
O, 3160ppm Rb, 3820 ppm Cs, 274ppm Ta
Five holes out of six intercepted multiple spodumene (lithium) pegmatite dykes
Benz controls the whole greenstone and granite contact extending over 45km of strike at
the Ruby Hill West Project
Follow up work includes mapping, soil surveys, airborne geophysical surveys (VTEM,
magnetics) and remote sensing analysis to start after the snow melts
Additional drilling to follow on after the field campaigns are completed
Toronto, Ontario--(Newsfile Corp. - April 29, 2022) -
Benz Mining Corp. (TSXV: BZ) (ASX:BNZ)
(the
Company
or
Benz
) is pleased to provide an update on its recently completed 1,176m reconnaissance
drilling campaign at the Ruby Hill West lithium project. Visual observations of spodumene bearing
pegmatites in core confirm the presence of multiple pegmatite dykes in the area confirming the
prospectivity of the area.
Figure 1: 31.2m of spodumene bearing pegmatite in core, Ruby Hill West drilling starting at 3.5m
in RHW22-006
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Figure 2: RHW22-006 core close up with large spodumene crystals (light green minerals marked
Sp)
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CEO, Xavier Braud, commented:
"We were very excited to be putting the first holes into a greenstone belt that had never had any
historical exploration for lithium. We are now very excited to declare a virgin lithium discovery in the in
the Upper Eastmain Greenstone Belt."
"The significance of hitting 31m of spodumene bearing pegmatite from surface is extremely
encouraging. In the limited drilling at Ruby Hill West, we have seen multiple parallel pegmatites
essentially under shallow cover that contain visible spodumene."
"Benz has locked up the whole 45km of prospective granite and greenstone contact that has never
been explored for lithium. The closest drill hole to RHW is 1.2km away and was drilled for copper and
nickel in 1966. We will send field crews as soon as the weather permits and we want to be back drilling
at Ruby Hill West very soon."
Figure 3: Spodumene pegmatite, RHW22-006, half core. The other half will be sent to ALS
laboratories for assays on 28/04/2022
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Whilst visual observations of spodumene minerals in a pegmatite confirm the prospective nature of the
pegmatitic host rock, no assumption of lithium grade can be inferred from those observations.
Laboratory assays are required to confirm the lithium grade.
Figure 4: Ruby Hill West lithium over satellite image.
This image shows vertical projection of the
pegmatite intercepts and grab samples taken in 2021 (blue dots)
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Figure 5: Schematic cross section RHW22-001 (note, the three dykes of pegmatites are close to
each other and represented as a single interval
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RHW22-001 intercepted three spodumene bearing pegmatite dykes from a depth of 73m visually
identified by Benz's geological team. Three other pegmatite dykes were identified as well but with no
visible spodumene.
RWH22-002 potentially intercepted the same geological system as RHW22-001, 50m along the
originally interpreted strike to the SW of RHW22-001. Five pegmatite dykes were identified from a depth
of 68m with visually identified spodumene.
RHW22-003 drilled 100m to the NE and down dip from RHW22-001 and 002 intersected 3 spodumene
bearing pegmatites from a depth of 172m.
Figure 6: RHW22-002 schematic cross section
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RHW22-004 was drilled towards the north to verify the dip of these pegmatites corresponding to the
surface outcropping.
No pegmatites were intersected.
RHW22-005 was drilled 100m to the west and intersected several pegmatites with visible spodumene.
RHW22-006 was drilled to the south into a mag low, from the same setup as RHW22-004.
It intersected
31.3m (3.4 to 34.7m) of coarse grained spodumene rich pegmatite.
This intrusion is located at the
contact between basalt and an meso-gabbro intrusion.
Figure 7: Schematic section RHW22-005 with three dykes of spodumene pegmatite
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Figure 8: Schematic cross section with RHW22-004, 005 and 006 which shows the position of
the 31.3m intercept of spodumene bearing pegmatite, 2.7m below surface or 3.4m downhole
depth (directly below shallow cover)
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Figure 9: RHW22-006 pegmatite close-up, the black mica is masutomilite (Rb rich mineral), with
quartz and feldspar visible
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Figure 10: Nickeline in a small vein within a deformed ultramafic intersected in hole RHW22-003
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Drillholes had been designed to intersect at depth several mapped occurrences of pegmatites in the
area.
These outcrops are small and partly covered in overburden. The spodumene bearing pegmatite in
hole RW22-006 does not outcrop, but is close to surface. Next summer Benz will conduct an extensive
prospecting and soil campaign over the immediate area in hope of finding other pegmatites that are
covered with glacial overburden and that do not come to surface.
At this stage, Benz does not know the geological controls on the pegmatite system and drilling has been
designed to intercept pegmatites which from surface contacts and foliation are dipping at 70 to the
NNW. Drilling from the 6 holes recently completed show several potential orientations for the pegmatite
dykes, confirming the possible presence of a dyke swarm in the area.
Eastmain Gold Project
The Eastmain Gold Project, situated on the Upper Eastmain Greenstone Belt in Quebec, Canada,
currently hosts a NI 43-101 and JORC (2012) compliant resource of 376,000oz at 7.9gpt gold (Indicated:
236,500oz at 8.2gpt gold, Inferred: 139,300oz at 7.5gpt gold). The existing gold mineralisation is
associated with 15-20% semi-massive to massive pyrrhotite, pyrite and chalcopyrite in highly deformed
and altered rocks making it amenable to detection using electromagnetic techniques.
Multiple gold
occurrences have been identified by previous explorers over a 12km long zone along strike from the
Eastmain Mine with very limited but highly encouraging testing outside the existing resource area.
Ruby Hill West Lithium Project
The Ruby Hill West lithium project is a surface occurrence of spodumene bearing pegmatite within the
Ruby Hill West project, located 50km due west of the Eastmain exploration camp. The occurrence was
first sampled in 2016 by Eastmain Resources and then by Quebec government geologists in 2018.
Only
limited sampling was conducted by both groups.
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.
Figure 11: Benz tenure over Upper Eastmain Greenstone Belt simplified geology
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About Benz Mining Corp.
Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) brings together an experienced team of geoscientists and
finance professionals with a focused strategy to unlock the immense mineral potential of the Upper
Eastmain Greenstone Belt in Northern Quebec, which is prospective for gold, lithium, nickel, copper and
other high-value minerals. 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.
At the Eastmain Gold Project, Benz has identified a combination of over 380 modelled in-hole and off-
hole DHEM conductors over a strike length of 6km which is open in all directions (final interpretation of
some of the conductors still pending).
In 2021, Benz confirmed the presence of visible spodumene in a pegmatite at the Ruby Hill West
Project, indicating lithium mineralisation which Benz intends to further explore in 2022.
This announcement has been approved for release by the Board of Directors of Benz Mining Corp.
For more information please contact:
Paul Fowler
Head of Corporate Development (Canada)
Benz Mining Corp.
Telephone: +1 416 356 8165
Email:
Xavier Braud
CEO, Head of Corporate Development (Aus)
Benz Mining Corp.
Telephone +61 8 6143 6702
Email: