Vancouver, British Columbia — February 17, 2026 — Leads & Copy —
Benz Mining Corp (TSXV: BZ, ASX: BNZ) announced exploration activities and planned work at its Glenburgh Gold Project in Western Australia.
The company is funded to accelerate Glenburgh exploration through 2026, with A$94 million pro forma cash following a recent A$75 million bought deal. Geological work in 2025 has transformed Glenburgh into a coherent district-scale system. The granted Mining Lease is now resolved into three major gold camps.
Benz CEO Mark Lynch-Staunton said Glenburgh has reached a genuine inflection point. He added that over the past year, Benz has integrated drilling, mapping and structural interpretation to move Glenburgh from a set of historical prospects into a coherent geological system that can be targeted systematically.
The company identified Thunderbolt as a new camp-scale opportunity on the Mining Lease, which has been largely overlooked historically due to shallow transported cover and limited drilling. Lynch-Staunton said the company believes it sits within the same geological architecture as the outcropping camps.
Drilling in 2026 will be executed across all three camps:
- Hurricane Camp (Hurricane, Zone 102, Zone 126, NE3): high-grade growth drilling and targeting the next Zone 126-style discovery
- Icon Camp (Icon, Tuxedo, Apollo, Mustang, Shelby): systematic testing of the >3km Icon trend to approximately 300-500m, supporting bulk-tonnage scale open-pit potential
- Thunderbolt Camp (Torino, Thunderbolt): first-pass drilling planned to approximately ~500m, following limited historical drilling to <100m
Surface mapping completed by Benz geologists in 2025 resolved the project-scale geology at Glenburgh into a series of formations or packages of comparable metamorphosed lithologies. The Piston Formation has been the focus of Benz exploration efforts to date.
Within the corridor of known mineralisation, three distinct major camps emerge defined by large-scale fold geometries in the gneissic rock:
- Hurricane Camp: comprising Hurricane, Zone 102, the high-grade Zone 126, Northeast 3, and emerging exploration targets.
- Icon Camp: comprising the bulk moderate grade Icon and Tuxedo, and exploration targets at Apollo, Mustang, and Shelby.
- Thunderbolt Camp: comprising the Thunderbolt and Torino prospects, as yet untested by Benz Mining Corp drilling.
The company has more than 250,000 meters of drilling planned in 2026 across exploration and resource definition, targeting both high-grade discovery potential and the scale potential of Glenburgh’s bulk-style system.
Exploration is continuing beyond the three defined camps currently identified within the granted Mining Lease. Benz is applying the same modern, technically driven approach across the broader Glenburgh district trend and the wider Gascoyne region.
Benz also completed a trial 6km ground gravity survey across the Hurricane and Icon camps, which has proven successful in resolving density contrasts between denser amphibolite and lighter, more felsic lithologies. Preliminary interpretation suggests gravity high responses may correlate with key geological units and areas of known gold mineralisation.
Benz has commenced scoping-level work at Glenburgh to evaluate potential development pathways alongside ongoing aggressive exploration. A diamond rig will be mobilised to site to accelerate metallurgical, geotechnical and orebody knowledge programs. The company is progressing detailed planning for the next phase of resource definition drilling at Glenburgh.
Glenburgh, is an example of a Paleoproterozoic gold deposit that has been metamorphosed to granulite facies. The continued growth of the project highlights the opportunities a modern exploration strategy can deliver in geological terranes that have historically been overlooked or misunderstood.
The 100%-owned Glenburgh Gold Project is located in Western Australia’s Gascoyne region, Glenburgh is an 18-20 km mineralised corridor centred on three known 2-3km long camps: Hurricane, Icon, and Thunderbolt.
Benz Mining Corp. 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.
Source: Benz Mining Corp.
