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2026-11-06
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Benz Mining Corp.

Discovery Drill Stage · Gold · AU · CA Rating locked: sign in to view v8.1 · bnz-20261031t172754-full
Last 2026-11-06
A$4.1
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$1.6B
EV
A$1.4B
Cash
A$83.5M
Debt
A$0
1 newer ASX announcement not yet reflected in this valuation

Portfolio detail

Assets

3 assets

Core asset

Glenburgh Gold Project (Hurricane, Icon and Thunderbolt camps)

AU

Discovery Drill Stage100% ownedGold

100% owned; granted Mining Lease; about 210,000 m drilled by 3 Aug 2026 and 450,000 m planned; maiden Mineral Resource targeted H1 2027; no study.

Exploration · Discovery drill stage
Ownership
100%
Commodity
Aur
Country
AUr
Best recent intercept (grade x width)
594.5 g.md
Metres drilled (12M)
2e+05 m
Exploration spend (12M)
A$40.0md
Resources & reserves3
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated13.5 Mt1.0 g/t Au; 430.7 kozGold2026-04-30
Mineral ResourceInferred2.8 Mt0.9 g/t Au; 79.4 kozGold2026-04-30
Exploration TargetExploration Target (conceptual)512.5 Mt (midpoint of 485-540)0.6-0.7 g/t Au; 10.1-12.0 MozGold2026-06-24
Tenements1
glen-m09-148Granted3,003 km2 (Glenburgh and Mt Egerton combined) · No expiry supplied
Milestones3
  1. Maiden Glenburgh Mineral Resource Estimate

    Pending · High materiality

  2. Complete the 450,000 m drilling campaign (about 250,000 m more before Christmas 2026 per the Aug 2026 presentation)

    Pending · High materiality

  3. Start feasibility-level technical studies after the maiden resource (company language: into FY2027)

    Pending · Medium materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Mining Lease M 09/148Western AustraliaGranted—No

Material

Mt Egerton Gold Project (Hibernian, Kilkenny)

AU

Discovery Drill Stage100% ownedGold

100% owned; two granted mining leases and exploration licences (about 180 km2); high-grade Kilkenny discovery drilled in March 2026 (7 m at 223 g/t).

Exploration · Discovery drill stage
Ownership
100%
Commodity
Aur
Country
AUr
Best recent intercept (grade x width)
1,561 g.md
Metres drilled (12M)
—
Exploration spend (12M)
A$1.9md
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated0.2 Mt3.4 g/t Au; 25 kozGold2026-04-30
Mineral ResourceInferred0 Mt1.5 g/t Au; 2 kozGold2026-04-30
Tenements1
egt-m52-343Granted180 km2 · No expiry supplied
Milestones1
  1. Follow-up drilling of the Kilkenny zone and the Mako, Gift and Trading Post prospects

    Pending · Medium materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Mining leases M 52/343 and M 52/567Western AustraliaGranted—No

Material

Eastmain and Ruby Hill Gold Project (James Bay, Quebec)

CA

Resource Stage100% ownedGold

100% owned since 27 Oct 2025 (Fury Gold earn-in completed); minimal exploration in FY2026; 2023 resource of 1.005 Moz; Eastmain tank farm removal required; exploration planned from late 2026.

Resource / scoping · Resource stage
Contained metal (attributable)
1.0m ozd
Resource grade
6.10 g/t
% Measured + Indicated
38.2%d
Resource tonnes
5.10 Mt
Our value per attrib. contained unit
Locked
Mining method
Underground: up-dip cut-and-fill envisioned (2.5 g/t cut-off at US$1,800/oz Au)
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceIndicated1.3 Mt9.0 g/t Au; 384 kozGold2023-05-24
Mineral ResourceInferred3.8 Mt5.1 g/t Au; 621 kozGold2023-05-24
Tenements1
east-claimsGranted290.48 km2 · No expiry supplied
Milestones2
  1. Remove the Eastmain tank farm before the permit extension ends (to August 2027)

    Pending · Medium materiality

  2. Resume exploration at Eastmain and Ruby Hill (company intends late 2026)

    Pending · Low materiality

Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Tank farm permit extension (Article 197 Safety Code)QuebecGranted—No

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