HIGHLIGHTS

 

Benz footprint expanded with acquisition of Windy Mountain Project, a western extension of Upper Eastmain Greenstone Belt

69 new claims granted over 36km2 of prospective tenure, adding approximately 10km additional greenstones strike to the Benz portfolio

Sulphides (amenable to detection by electromagnetics) identified in outcrops associated with deformed and altered gabbro with quartz veins; outcropping altered metasediments also observed

Historical surface samples show anomalous nickel and copper assays in trench samples returning 0.08% Cu, 0.9% Zn, 0.05% Ni, and 0.8g/t Ag and 0.02% Cu, 0.02% Ni and 0.03% Co

Pegmatites were identified at several localities - samples collected; assays pending

 

Toronto, Ontario--(October 28, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to announce the recent granting from application of additional prospective ground adjacent to its Ruby Hill West Project. The newly acquired tenement package contains 69 claims covering 36km2, increasing Benz' dominant Upper Eastmain land position to 256km2.

HIGHLIGHTS

 

Third drill rig on site adding to the two already in operation at Eastmain

Drilling capacity increased to c.1,500m/week - 38,000m drilled to date, on track to achieve the 2021 plan of 50,000m

Drilling targeting DHEM conductors down-plunge of A and C Zones and extensions to E Zone

Over 15,000 samples from 52 drillholes awaiting assays

New style of mineralisation discovered at E Zone associated with a tonalite intrusion located structurally between the Kotak and Mine trend with visible gold observed

 

Toronto, Ontario--(October 20, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to provide an update on its 2021 drilling campaign. The third drill rig, originally booked for September, is now on site at Eastmain and drilling electromagnetic targets down-plunge from the existing resource.

 

CEO, Xavier Braud, commented: "The third rig we needed to accelerate our drilling program is now in operation at Eastmain. Our current drilling capacity has increased to ~1,500m per week which will see us achieve our original target of 50,000m of drilling this year. We currently have over 15,000 samples awaiting assay results. Turnaround time at the laboratory has been extremely slow especially with the need for metallic screen fire assays. The discovery of a new mineralised system with visible gold at E Zone is also very exciting and we look forward to sharpening our understanding of this new fertile system. Eastmain is still surprising us which augurs very well for the future."

MONTREAL, Oct. 20, 2021  -- Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the "Corporation"), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announces its second consecutive monthly record with sales of US$25.8 million (unaudited) (C$32.7 million) for September 2021, a US$5.7 million (+28%) month-to-month increase and a US$14.8 million increase (+135%) compared to September 2020. In addition to September's sales are $2.9 million pertaining to the export of the partial release of the 2019 customs retained gold bars.

 

Third-quarter sales amounted to US$61.9 million (C$78.0 million) compared to US$24.1 million (C$32.0 million) in 2020, an increase of 157%.

 

A graph accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/646ff93b-3c00-49d5-9ced-02252a741e45

 

The average selling price of gold per ounce in September was US$1,767.

 

The Corporation recently announced revised financial guidance with projected sales of between US$185 and $190 million for 2021 (see, September 22, press release DYNACOR INCREASES SALES AND EARNINGS GUIDANCE BY APPROXIMATELY 25% and 35% RESPECTIVELY)

Highlights from the Shallow (Western) High Grade Zone include:

 

43.74 g/t Au over 6.90 m, including 531.99 g/t Au over 0.50 m, for a metal factor of 302 at a vertical depth of 350 m in hole PE-21-409;

76.61 g/t Au over 3.50 m, including 530.97 g/t Au over 0.50 m, for a metal factor of 268 at a vertical depth of 480 m in hole PE-21-383W1;

36.02 g/t Au over 6.55 m, including 218.15 g/t Au over 1.05 m, for a metal factor of 236 at a vertical depth of 250 m in hole PE-21-392;

102.43 g/t Au over 1.80 m, including 357.30 g/t Au over 0.50 m, for a metal factor of 184 at a vertical depth of 300 m in hole PE-21-413;

9.46 g/t Au over 6.25 m for a metal factor of 59 at a vertical depth of 160 m in hole PE-21-378;

7.87 g/t Au over 6.40 m, including 74.47 g/t Au over 1.00 m, for a metal factor of 50 at a vertical depth of 330 m in hole PE-21-399;

4.65 g/t Au over 10.65 m for a metal factor of 50 at a vertical depth of 650 m in hole PE-21-410.