Benz Mining Corp. press release

Benz Announces Multiple New High-Grade Discoveries Drive Expansion at Hurricane Camp

2026-04-09

TSXV - TSX Venture Exchange · Gold · Copper · Silver · Lithium · Cesium · Tantalum · Rubidium · Nickel · Beryllium · Tin · Niobium · Canada · Drill Results

Benz Announces Multiple New High-Grade Discoveries Drive Expansion at Hurricane Camp

HIGHLIGHTS:

New discovery corridor confirmed and targeting model validated, with the Hurricane trend now emerging as Zone126-style high-grade system over a 1,000m NE-plunging fold corridor, significantly expanding the scale of the Hurricane Camp and opening up an exciting new front for rapid high-grade ounce growth. Two rigs now dedicated to accelerating rapid drill out.11m at 6.4 g/t gold from 306m 26HZ023 within 102m at 1.1 g/t gold

2m at 19.1 g/t gold from 298m26HZ008

17m at 1.9 g/t gold from 366m 26HZ008

9m at 3.0 g/t gold from 264m 26HZ032

New high grade "Lens 0" discovered at Zone 126, interpreted to link Zone 126 and Zone 102 for the first time, defining a substantial new area for high-grade resource growth19m at 5.1 g/t gold from 311m 26HZ036 within 61m at 1.9 g/t gold

4m at 44.2 g/t gold from 481m 26HZ043

Infill drilling at Zone 126 Lenses 1-4, scissor drilling to confirm true width25m at 10.2 g/t gold from 568m 26HZ002

19m at 9.3 g/t gold from 363m 25GLR_138

12m at 9.8 g/t gold from 161m 25GLR_131

Extensional drilling17m at 7.1 g/t gold from 201m 25GLR_170 (extending Lens 2 up dip)

10 at 6.3 g/t gold from 479m 25GLR_171 (extending Lens 1 down dip by 100m)

14m at 2.3 g/t gold (Lens 4 parallel lens)

Vancouver, British Columbia--(Newsfile Corp. - April 8, 2026) - Benz Mining Corp (TSXV: BZ) (ASX: BNZ) ("Benz" or the "Company") is pleased to report an additional discovery from ongoing drilling at Hurricane Camp within the Glenburgh Gold Project in Western Australia

Figure 1. Long section view looking north of Hurricane Camp trend. Previous results released on 6 November 2024, 3 April 2025, 28 April 2025, 30 June 2025, 31 July 2025, 20 August 2025, 11 September 2025 and 08 December 2025.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_002full.jpg

Benz CEO, Mark Lynch-Staunton, commented:

"Hurricane Camp is expanding rapidly, and these results mark another major step in unlocking the scale of the Glenburgh system. What we are seeing now is the emergence of multiple high-grade zones across multiple mineralised NE plunging corridors, and we are moving quickly to capitalise on this momentum.

"We have long believed the Hurricane trend had the potential to repeat the success of Zone 126, and these latest results are now clearly demonstrating that this is beginning to play out in the drill data. High-grade mineralisation is being defined over a 1km NE-plunging fold corridor, validating our targeting model and reinforcing the repeatability of the system.

"We are now increasing our drilling commitment at Hurricane, with dedicated rigs focused on systematically drilling out the full extent of the trend. The goal is clear - to rapidly grow high-grade ounces across what is shaping up to be a large, coherent gold system.

"At the same time, we continue to advance the Icon Camp, which remains a key pillar of the broader Glenburgh opportunity. In parallel, we are preparing to commence maiden drilling at the Thunderbolt Camp - a completely untested third of the project that has never seen modern exploration. This represents a significant new frontier within an already rapidly growing system.

"We believe Glenburgh is evolving into a district-scale gold system, and we are still in the early stages of understanding its full potential. With multiple camps, multiple active fronts, and a growing inventory of high-grade zones, we see a clear pathway to continue rapidly adding ounces all on our granted Mining Lease.

"There is no clear limit to the scale of this system, and we will continue to systematically explore, drill and expand across the entire 80km trend.

"These are genuinely exciting times for the Company."

HURRICANE TREND - NEW DISCOVERY CORRIDOR

Maiden drilling at the Hurricane trend has confirmed a new high-grade mineralised corridor defined over approximately 1km along a NE-plunging fold.

Hurricane was initially recognised as a small outcropping system located approximately 1.4km from the high-grade Zone 126 discovery. Historical exploration identified a broad surface geochemical anomaly, however, drilling was limited to a small number of shallow holes (<70m), leaving the system largely untested at depth.

Benz's geological team identified Hurricane as a high-priority target not only due to the scale of the surface anomaly, but more importantly due to its structural and geological similarities to the Zone 126 system. This provided a compelling opportunity to test for a repeat of the Zone 126 high-grade system along strike and at depth.

Recent results from Benz's maiden drill campaign have been highly encouraging. These initial results demonstrate both high-grade and broader mineralised envelopes, including:

11m at 6.4 g/t Au from 306m (26HZ023) within 102m at 1.1 g/t Au

2m at 19.1 g/t Au from 298m (26HZ008)

17m at 1.9 g/t Au from 366m (26HZ008)

9m at 3.0 g/t Au from 264m (26HZ032)

These results highlight the presence of multiple mineralised lenses within a broader corridor and support the potential for both high-grade shoots and bulk-tonnage mineralisation.

The geometry, tenor and structural setting of mineralisation in the Hurricane trend are consistent with the Zone 126 system, supporting the Company's interpretation that Hurricane represents a repeat structural position within the Glenburgh gold system.

Mineralisation remains open along strike and at depth, with strong potential for further growth as drilling continues.

ZONE 126 - NEW LENS AND SYSTEM LINKAGE

The identification of a new high-grade lens ("Lens 0") at Zone 126 represents a key development in understanding the broader system architecture.

Recent drilling has defined this new lens with strong high-grade intercepts, including:

19m at 5.1 g/t Au from 311m (26HZ036) within 61m at 1.93 g/t Au

4m at 44.2 g/t Au from 481m (26HZ043)

This lens is interpreted to link Zone 126 and Zone 102 for the first time, establishing a broader mineralised corridor and reinforcing the potential for large-scale system continuity now defined over a strike length of 1.5km and open in all directions.

Infill drilling across existing lenses at Zone 126 continues to confirm strong continuity and high-grade tenor, including:

25m at 10.2 g/t Au from 568m (26HZ002)

19m at 9.3 g/t Au from 363m (25GLR_138)

12m at 9.8 g/t Au from 161m (25GLR_131)

Extensional drilling has also continued to grow the system, with multiple lenses extended and new parallel mineralisation identified:

17m at 7.1 g/t Au from 201m (25GLR_170) - extending Lens 2 up-dip

10m at 6.3 g/t Au from 479m (25GLR_171) - extending Lens 1 down-dip by ~100m

14m at 2.32 g/t Au - new parallel lens associated with Lens 4

Together, these results highlight the scale, continuity and growing complexity of the Zone 126 system, with multiple lenses remaining open along strike and at depth.

GROWTH STRATEGY AND NEXT STEPS

The Company is accelerating drilling across the Hurricane Camp, with two rigs now dedicated to rapidly testing and expanding the full extent of the mineralised system which is currently over 2.6km in length.

Drilling continues at the Icon Camp, which remains a key pillar of the broader Glenburgh opportunity. In parallel, preparations are underway for maiden drilling at the Thunderbolt Camp - a largely untested portion of the project representing a significant new exploration frontier.

Benz remains focused on systematically exploring and expanding the Glenburgh system, with multiple active fronts and strong potential for continued high-grade discovery.

Figure 2. Long section of the Glenburgh Project detailing the exploration plan across all three camps on the 12km mining lease.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_003full.jpg

Glenburgh - A New Frontier Gold District

The 100%-owned Glenburgh Gold Project is rapidly emerging as a new frontier gold district with multi-million-ounce potential. Located in Western Australia's Gascoyne region, Glenburgh hosts an 18-20 kilometre mineralised corridor anchored by the large-scale Icon-Apollo trend and the high-grade Zone 126 system.

Glenburgh's unique combination of thick, bulk-style gold mineralisation (Icon-Apollo) and multiple high-grade underground lenses (Zone 126) positions it as a rare opportunity in the Australian gold sector. With gold prices at record levels, the ability to develop both large-scale open pit and underground operations offers exceptional leverage and growth potential.

Figure 3. Geological overview of the Glenburgh Gold Project.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_004full.jpg

- END -

This announcement has been approved for release by the Board of Benz Mining Corp.

For more information, please contact:

Mark Lynch-Staunton

Chief Executive Officer Benz Mining Corp.

E: mstaunton@benzmining.com

T: +61 8 6143 6702

About Benz Mining Corp.

Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) is a pure-play gold exploration company dual-listed on the TSX Venture Exchange and Australian Securities Exchange. The Company owns the Eastmain Gold Project in Quebec, and the recently acquired Glenburgh and Mt Egerton Gold Projects in Western Australia.

Benz's key point of difference lies in its team's deep geological expertise and the use of advanced geological techniques, particularly in high-metamorphic terrane exploration. The Company aims to rapidly grow its global resource base and solidify its position as a leading gold explorer across two of the world's most prolific gold regions.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_005full.jpg

For more information, please visit: https://benzmining.com/.

Qualified Person's Statement (NI 43-101)

The disclosure of scientific or technical information in this news release is based on, and fairly represents, information compiled by Mr Mark Lynch-Staunton, who is a Qualified Person as defined by NI 43-101 and a Member of Australian Institute of Geoscientists (AIG) (Membership ID: 6918). Mr Lynch-Staunton has reviewed and approved the technical information in this news release. Mr Lynch-Staunton owns securities in Benz Mining Corp.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively Forward-Looking Information) as such term is used in applicable Canadian securities laws. Forward-Looking Information includes, but is not limited to, disclosure regarding the exploration potential of the Glenburgh Gold Project and the anticipated benefits thereof, planned exploration and related activities on the Glenburgh Gold Project. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipates", "complete", "become", "expects", "next steps", "commitments" and "potential", in relation to certain actions, events or results "could", "may", "will", "would", be achieved. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the accuracy and reliability of the Company's exploration thesis in respect of additional drilling at the Glenburgh Gold Project will be consistent with the Company's expectations based on available information; the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Company's Projects (including Glenburgh and Mt Egerton Gold Projects) can be achieved; and the continuity of the price of gold and other metals, economic and political conditions, and operations.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the early stage nature of the Company's exploration of the Glenburgh Gold Project, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedarplus.ca and www.asx.com.au. Accordingly, readers should not place undue reliance on Forward-Looking Information. The Forward-looking information in this news release is based on plans, expectations, and estimates of management at the date the information is provided and the Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.

Appendix 1: Collar Table. Coordinates system: GDA94/MGA Zone 50

Hole IDEastingNorthingElevationDipAzimuthEnd Depth

25GLR_135414759719350532150315354

25GLR_132415138719418332365138900

25GLR_131414708719357232162322252

25GLR_130414708719357332157322252

25GLR_125414716719356932159308252

25GLR_124414764719350032150311378

25GLR_122415384719417832465173798

25GLR_120414499719388831962140770

25GLR_116414519719377631960138522

25GLR_108414642719392731760137696

25GLR_103414640719392831757145594

25GLR_102414467719375131757134504

25GLR_099415582719363632173330870

25GLR_097415085719343932855325750

25GLR_128414711719357232153322234

25GLR_142414854719405732261142798

25GLR_141414735719388531954173480

25GLR_138414525719377331949108504

25GLR_13641452471937733195011230

25GLR_129414764719350232152323372

25GLR_113414485719380231963154660

25GLR_109414484719380431960148600

25GLR_147414929719398332458143308

25GLR_081414867719395632455139120

25GLR_077414843719397432360141600

25GLR_071414867719388232451124367

25GLR_069414867719388132452147366

25GLR_152414626719379231750147354

25GLR_148414625719379631750135354

25GLR_156414596719382731659137516

25GLR_160415206719352032367336900

25GLR_154414927719398532463142588

25GLR_169414707719377131658149324

25GLR_163414656719385431653142402

25GLR_176414533719340831965329506

25GLR_175414536719374831964149462

25GLR_173415204719352332358337750

25GLR_171414612719344231865330804

25GLR_170414763719381832058153324

25GLR_181414688719359732155336120

25GLR_180414520719379131963145600

25GLR_178415203719352632354343718

25GLR_220414706719367432265156102

25GLR_21941471671936523236015366

25GLR_21841472971936263226015530

25GLR_21741471271936393236015560

25GLR_21641470371936603236015278

25GLR_21541469971936703226015590

25GLR_214414677719368932059155108

25GLR_210414663719369732159154144

25GLR_20941467571936673227015590

25GLR_20841468071936563237015584

25GLR_20741468671936463227115472

25GLR_20641468971936393227015565

25GLR_20541469471936293227015555

25GLR_203414712719361232260335110

25GLR_20241474171936233226133884

25GLR_198414665719364232160154102

25GLR_186415085719344132850341750

25GLR_184414506719388132058144624

25GLR_183414657719369032160154150

25GLR_182415386719417432463158900

26HZ001415357719360532362316900

26HZ002415078719344732950334750

26HZ003415219719389133460340734

26HZ006413721719314431655335402

26HZ005413609719351531155154402

26HZ004415009719374432555337804

26HZ010412947719325730655155372

26HZ009413378719308531455335402

26HZ008413507719309431355335402

26HZ007413386719345830955156402

26HZ043414353719384231760162654

26HZ041415263719352832263338877

26HZ040413281719330931156154402

26HZ039414505719368631865178402

26HZ038414406719364631965149384

26HZ037413564719335231756336450

26HZ036414271719366231961118552

26HZ035413825719344731456158422

26HZ034414189719327031756336520

26HZ0334154797193635324643141026

26HZ032413657719341231855152450

26HZ031414236719365131955345400

26HZ030413788719341331555333504

26HZ029414820719420532155156972

26HZ028413872719346531656335450

26HZ027414125719363631555150558

26HZ026414101719374731362150552

26HZ025414246719353731955156450

26HZ024414101719374831354149552

26HZ023413837719354431455156504

26HZ02041482071942053215515636

26HZ021414672719387332054335450

26HZ022414820719420532155153714

26HZ019414869719395932354337450

26HZ018414595719414631556156498

26HZ017415038719396732855335450

26HZ016414936719423932556155450

26HZ015415084719430832455154450

26HZ014415226719415732659336312

26HZ056415166719352433054349954

26HZ054413387719297631355155468

26HZ052414431719382631866144804

26HZ051413480719288331755155450

26HZ049415146719367232978311900

26HZ048414501719388932064158600

26HZ047413567719290231755336424

26HZ046415093719360132851336452

26HZ045414431719382631867159873

26HZ042413639719332632156334450

Figure 4. Collar Plan Map of released holes. Collars demarcated by black dots

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_006full.jpg

Appendix 2: Significant Intercepts Tables.

High Grade Intercepts: A nominal 1.0 g/t Au lower cut off has been applied to results, with up to 10m internal dilution applied unless otherwise stated.

Hole IDFromToAu (ppm)Length

25GLR_13524925215.33

25GLR_1352642662.42

25GLR_1353183203.32

25GLR_1353403421.92

25GLR_1311611739.912

25GLR_1301211453.724

25GLR_13015816042

25GLR_1252192261.47

25GLR_1242872996.412

25GLR_11632833018.82

25GLR_11638939627

25GLR_1083994021.43

25GLR_1084294401.511

25GLR_1034174242.17

25GLR_1034484521.24

25GLR_1022852951.310

25GLR_1023563621.96

25GLR_0996156173.52

25GLR_0976656695.44

25GLR_0977127151.13

25GLR_1281161362.620

25GLR_1281491516.62

25GLR_1281661705.24

25GLR_14266766922

25GLR_1427557581.13

25GLR_1412462521.16

25GLR_1413453591.514

25GLR_1383633829.319

25GLR_1292552584.73

25GLR_1293473541.57

25GLR_10932632855.32

25GLR_1094104162.36

25GLR_0712832911.78

25GLR_1522052081.43

25GLR_1522402421.12

25GLR_14821421753

25GLR_1482402511.211

25GLR_1482762781.12

25GLR_1563203322.212

25GLR_1564134251.312

25GLR_1542892926.23

25GLR_1544584641.26

25GLR_1544884923.14

25GLR_1545465631.517

25GLR_1545675702.43

25GLR_16915416339

25GLR_1691962001.94

25GLR_1632362452.19

25GLR_1633093303.421

25GLR_1633573641.67

25GLR_1764584641.36

25GLR_1752522541.52

25GLR_1753393412.62

25GLR_17536436622

25GLR_1714794896.310

25GLR_1715095122.33

25GLR_1716516551.14

25GLR_1717627641.52

25GLR_1702012187.117

25GLR_18160733.813

25GLR_22066725.36

25GLR_20975832.88

25GLR_20747581.811

25GLR_20631434.112

25GLR_20519292.810

25GLR_2038151.97

25GLR_20394991.25

25GLR_20215301.115

25GLR_20237521.215

25GLR_1865305421.412

25GLR_1865575592.32

25GLR_1866676691.72

25GLR_1843803841.14

25GLR_18443944213

25GLR_1845295331.94

25GLR_183901005.410

26HZ0011931981.95

26HZ0016626741.112

26HZ0016776962.119

26HZ00256859310.325

26HZ0061741771.43

26HZ00624024414

26HZ0062612634.12

26HZ0063673691.12

26HZ00918318512

26HZ0081982002.12

26HZ008242254112

26HZ00829830019.12

26HZ0083663831.917

26HZ04348148542.24

26HZ0417337352.42

26HZ0417597611.32

26HZ04081831.82

26HZ0401191211.22

26HZ0391711752.64

26HZ0363113305.119

26HZ0363463482.52

26HZ0363693722.43

26HZ0351601701.110

26HZ0339569702.314

26HZ03226427339

26HZ0297557621.27

26HZ0281141171.53

26HZ0272652721.67

26HZ0232572623.55

26HZ0233063176.411

26HZ0233303321.92

26HZ0233453521.27

26HZ0565785961.618

26HZ0566056084.83

26HZ05670571015

26HZ0496656671.22

26HZ0496806821.82

26HZ0496927001.18

26HZ0463493511.52

26HZ0455415432.82

Appendix 2: Significant Intercepts Tables.

Bulk Intercepts: A nominal 0.3 g/t Au lower cut off has been applied to results, with no limit on internal dilution applied unless otherwise stated.

Hole IDFromToAu (ppm)LengthComments

25GLR_1352493540.8105

25GLR_132690.53

25GLR_13220400.320

25GLR_1325305350.85

25GLR_1328008160.316

25GLR_1311592491.490

25GLR_1301212470.9126