- Hole EM22-272 intercepted shallow chalcopyrite (copper) mineralization at the Michel prospect
- Michel prospect is approximately 5km from the current resource and exploration target
- Drilling targeted a combination of FLEM conductors and DHEM conductors from last winter’s 2021 ground FLEM survey
- Historical holes at Michel did not intercept Benz’s recently defined conductors
- Visual observations from DDH EM22-272 show the presence of chalcopyrite associated with brecciated quartz veining indicating prospectivity for copper and gold at the Michel occurrence
- Benz Mining Corp. is a Canada-based junior mining company
- Benz Mining Corp. (BZ) is down 8.51 per cent on the day, trading at C$0.43 per share at 3:15 pm ET
Benz Mining Corp. (BZ) has observed chalcopyrite mineralization in recently completed drilling at the Michel prospect.
The Michel prospect is five kilometres northwest of the Eastmain Mine, along strike from the mine and within the Upper Eastmain Greenstone Belt.
Company CEO, Xavier Braud, commented on the news:
“After the successful 2021 drill program identified substantial mineralization around the existing resource, we used the 2022 drill program to scout out regional targets whilst we waited for assay results. Drilling our identified EM conductors at Michel has thrown up a nice surprise with the discovery of strong chalcopyrite mineralization with quartz veins and alteration. We look forward to reporting the analytical results when they are available.
“We, at Benz, continue with our strategy of delivering value from discovery of all commodities the Upper Eastmain Greenstone Belt has to offer. We now have gold, lithium, copper, and we have not yet started exploring for nickel and other base metals, which we know can be present in Archean Greenstone Belts.”
Benz Mining Corp. is a Canada-based junior mining company with a focused strategy to acquire and develop mineral projects with an emphasis on safe, low risk jurisdictions favorable to mining development. Benz is earning a 100 per cent interest in the former producing high grade Eastmain gold mine project, including Ruby Hill West and Ruby Hill East Properties in James Bay Area, Quebec.
Benz Mining Corp. (BZ) is down 8.51 per cent on the day, trading at C$0.43 per share at 3:15 pm ET.
