Benz Mining Corp. Strikes Gold with New Discovery at Zone 126

In a significant development for the mining sector, Benz Mining Corp., a company specializing in advancing the Eastmain Gold Mine project in Quebec, has announced a groundbreaking discovery at its Glenburgh Gold Project. On July 31, 2025, Benz revealed the identification of a new high-grade gold lens at Zone 126, marking a pivotal moment for the company and its stakeholders.

The discovery, detailed in reports from both CEO.ca and HotCopper.com.au, highlights the third lens found approximately 70 meters southeast of the second lens. This new lens has yielded impressive results, with drill samples returning 11 meters at 5.5 grams per tonne (g/t) gold from 196 meters and 20 meters at 2.6 g/t gold from 507 meters, including a notable 5-meter section at 5.4 g/t gold. These findings underscore the potential of the Glenburgh Gold Project and position Benz Mining Corp. as a key player in the global mining industry.

Exploration Efforts Intensify

Following the discovery, Benz Mining Corp. has announced plans to prioritize exploration efforts around this new lens horizon. The company intends to undertake systematic drilling to define the scale and continuity of the lens, which currently exceeds over 300 meters of vertical strike extent. This strategic move is expected to further delineate the mineralization potential of the area and could significantly impact the company’s valuation and future prospects.

Deep Extension Below Lens 2

In addition to the new lens discovery, drilling beneath the second lens has confirmed significant vertical and grade continuity, extending the known mineralization over 100 meters down plunge. Noteworthy results include 10 meters at 6.1 g/t gold from 450 meters, with a highlight of 3 meters at 16.8 g/t gold, and 5 meters at 13.5 g/t gold from 361 meters. These findings validate Benz’s breakthrough structural model, suggesting that earlier drilling efforts may have overlooked key mineralized zones due to incorrect assumptions.

Market Reaction and Outlook

As of July 28, 2025, Benz Mining Corp.’s close price stood at 0.52 CAD, with a 52-week high of 0.7 CAD and a low of 0.105 CAD. The company’s market capitalization is reported at 129.44 million CAD, with a price-earnings ratio of -23.9, reflecting the speculative nature of its current valuation. The recent discovery at Zone 126 is expected to positively influence investor sentiment and could lead to a reevaluation of the company’s market position.

Benz Mining Corp. serves as a customer-oriented global player, with operations and initiatives detailed on their website, www.benzmining.com . The company is listed on the TSX Venture Exchange, offering investors an opportunity to participate in its growth trajectory.

As Benz Mining Corp. continues to advance its exploration efforts at the Glenburgh Gold Project, the mining community and investors alike will be closely watching for further developments. The discovery of the new high-grade gold lens at Zone 126 not only highlights the company’s potential but also underscores the untapped opportunities within the James Bay Region, Quebec. With systematic drilling planned to define the scale and continuity of the newly discovered lens, Benz Mining Corp. is poised for what could be a transformative period in its operational history.