- Benz Mining Corp. (BZ) has provided an update on its recently completed exploration activities on a 2km x 2km portion of the Southern Anomalies trend
- The Southern Anomalies are a zone of strong and extensive VTEM anomalies
- The anomalies belong to an area of the greenstone belt previously mapped as volcanics in a zone covered by glacial till
- The main geological units encountered were various metasediments, from conglomerates to quartzites intruded by ultramafic to mafic intrusions
- Benz Mining Corp. is a mining company which focuses on gold, lithium, nickel, copper and other high-value minerals
- Benz Mining Corp. was unchanged at $0.56 at 2:40 PM ET
Benz Mining Corp. (BZ) has updated its recently completed exploration activities on a 2km x 2km portion of the Southern Anomalies trend.
The ground survey was conducted between January 25th and February 9th 2022 and consists of 49.10 line-km of TDEM (time-domain electromagnetics) data acquired from a single surface loop.
Acquisition and interpretation were completed by TMC geophysics and results were received at the end of February.
The Southern Anomalies are a zone of strong and extensive VTEM (versatile time-domain electromagnetic) anomalies identified during the survey flown in 2005. The anomalies are located 3.5km south of the Eastmain Mine portal, and belong to an area of the greenstone belt previously mapped as volcanics in a zone covered by glacial till.
“Our drill program intersected multiple horizons of sulphide (pyrrhotite, pyrite) mineralization, some with associated quartz veining and as dissemination, veins and bands,” said CEO, Xavier Braud.
“We also hit a significant amount of polygenic and monogenic conglomerates with sulphide mineralization and silicification highlighted by the presence of tourmaline, carbonate and sericite,” he added.
The EM anomalies defining six of the seven interpreted conductor axes were modelled. Each anomaly was then modelled by a single conductor in the form of a thin platehaving its location and main attributes optimized to the associated survey’s line data (line to line analysis).
A total of 6,349m were drilled in 13 holes.
The main geological units encountered were various metasediments, from conglomerates to quartzites intruded by ultramafic to mafic intrusions. Within the metasediments large zones of alteration with disseminated and veins of sulphides were observed. Sulphide exhalites were intersected in several holes explaining some of the conductors.
Benz Mining Corp. is a mining company which focuses on gold, lithium, nickel, copper and other high-value minerals.
Benz Mining Corp. was unchanged at $0.56 at 2:40 PM ET.
