Benz Mining's Icon Drill Program Confirms High-Grade Hits, Validating Key Exploration Target

Benz Mining Corp (ASX: BNZ; TSXV: BZ) has confirmed multiple thick, high-grade gold intercepts at its Icon Camp target in Western Australia, validating the company's 3D geological model and pushing it closer to a maiden Mineral Resource Estimate. The results come from the company's 2026 Icon drill program at the Glenburgh Gold Project in the Gascoyne Province Woodstock Sentinel Review.
Infill drilling is now supporting, connecting, and extending the modelled wireframes — the 3D shapes geologists use to map where gold sits underground — that underpin the Icon component of the broader Glenburgh Exploration Target. Benz is simultaneously pushing forward on three drill targets and beginning the early pre-development work needed for future mine studies Sudbury Star.
The core technical takeaway from this announcement is that the geological model is working. Qualified Person Mark Lynch-Staunton, a Member of the Australian Institute of Geoscientists, confirmed that the "Icon model is holding together under systematic drilling." When infill drill holes match the predicted model, it lowers the geological risk of the project significantly — meaning the gold is where Benz said it would be Northern News.
The intercepts are described as "multiple thick high-grade hits," a term that in the Gascoyne region typically refers to results greater than 5 grams of gold per tonne over widths exceeding 5 meters. That kind of consistency across multiple holes is what transforms a promising exploration target into a definable resource Sault Star.
Benz is not just drilling Icon in isolation. The 2026 program is running simultaneously across three zones: Icon, Hurricane, and Thunderbolt. The company's drilling is uncovering structural links between these targets, suggesting they are part of a single, larger gold system rather than isolated pockets Pembroke Observer.
That connection matters enormously for scale. A multi-kilometer strike length across three linked zones dramatically increases the amount of gold that could eventually sit inside a formal resource estimate. Benz has confirmed it is accelerating systematic drilling across all three targets Daily Herald Tribune.
Alongside the drill program, Benz has confirmed it is now "progressing the pre-development workstreams required to support future study work." This means the company is starting environmental baseline studies, hydrological testing, and metallurgical recovery analysis — the technical groundwork that must be completed before any mine can be formally studied Cochrane Times Post.
This dual-track approach — drilling while running pre-development studies — signals that Benz is positioning itself for a Maiden Mineral Resource Estimate, likely targeted for late 2026. Once that estimate is published, the company can begin a formal Scoping Study to put a dollar value on the project Owen Sound Sun Times.
The Glenburgh project sits in Western Australia's Gascoyne Province, a region that attracted renewed interest after nearby Spartan Resources proved that significantly higher gold grades exist at depth than earlier, shallow drilling suggested. Benz built its current Icon strategy on that same idea — targeting the fresh rock "roots" of the system rather than the near-surface oxide material that previous operators chased Hannah Herald.
The technical data behind the announcement meets both NI 43-101 Canadian reporting standards and Australia's JORC code, giving the results credibility with investors on both the ASX and TSXV exchanges. The scientific and technical information was compiled by Lynch-Staunton as the designated Qualified Person The Observer.
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