Benz Mining Corp. announces that it has reached an agreement dated March 27, 2019 with Silver Range Resources Ltd. to amend certain terms of the Mel Property Purchase Agreement. The Amending Agreement provides for an extension in connection with the March 14, 2019 payment of $300,000 until September 14, 2019, and an additional payment of $17,500 to Silver Range on or before April 5, 2019. The Amending Agreement also [...]
Benz Mining Corp. announces that it has requested a second and final extension from the B.C. Registrar of Companies to postpone its annual general meeting. Benz's last annual general and special meeting was held on May 5, 2017, and the Company's second extension granted by the B.C. Registrar of Companies expires August 5, 2019. Further to the termination of the reverse takeover with Fox Automotive Switzerland AG, Benz is [...]
Benz Mining Corp. announces that it will not proceed with the acquisition by Benz of all of the issued share capital of Fox Automotive Switzerland AG and has terminated the letter of intent with Fox. It became apparent that Fox was not in a position to provide the necessary public disclosure information required for a reverse takeover transaction in a timely manner. Given the current uncertainties in global markets it was [...]
Benz Mining Corp. is pleased to announce that it has entered into an arms-length binding letter of intent dated September 26, 2018, with Fox Automotive Switzerland AG , a privately held company existing under the laws of Switzerland, pursuant to which the Company proposes to acquire all of the issued and outstanding share capital of Fox. The acquisition of Fox will constitute a reverse takeover of Benz pursuant to the [...]
Benz Mining is pleased to announce that it has made a $150,000 payment, in cash and shares, to Silver Range Resources Ltd. in accordance with the terms of the Mel Property Purchase Agreement . Under the Agreement, Benz has an option to acquire 100% of Silver Range's wholly-owned Mel zinc-lead-barite project located near Watson Lake in southeast Yukon, Canada. For additional information on the Agreement and the Mel [...]
Benz Mining announces that it has engaged two consultants to provide investor relations services to the Company. This news release is made in accordance with the requirements of the TSX Venture Exchange Policy 3.4. The Company retained the services of Dig Media Inc., for an investor marketing and advertising campaign through the Investing News Network. Dig Media was retained for a 12-month term that expires on August 9 [...]
Benz Mining, provides an update on its Mel project drill plans for the summer of 2018. Benz will focus on two specific objectives with its proposed exploration program. The first objective is to increase the resource base through exploration of the northern and southern extensions of the Mel Main Zone and the Jeri and Jeri N targets. An initial phase of 12 to 16 drill holes totaling 3000 m of drilling is planned to test [...]
VANCOUVER, British Columbia, Dec. 12, 2017 -- Benz Mining Corp. , is pleased to announce the completion of barite assays for its 2017 drill hole campaign on the Mel Main Zone zinc-lead and barite deposit. Seven of the nine 2017 drill holes intersected significant barite values as predicted by the model. Seven high-grade barite intersections are reported from the barite-rich portion of the resource model. Those holes with [...]
Benz Mining is pleased to announce that it successfully intersected additional high-grade zinc mineralization at the Mel Main Zone. All nine 2017 drill holes encountered base metal mineralization where predicted by the resource model. This provides a high degree of confidence in both the model and continuity of the Mel deposit mineralization. SECTION 6691438m N A photo accompanying this announcement is available at [...]
Benz Mining is pleased to announce that it successfully intersected the high-grade zinc and lead mineralization at the south end of the Mel Main Zone. The results from the first three holes of the 2017 drilling campaign indicate opportunity for resource expansion as a southern extension of the Mel Main Zone; and presence of silver mineralization in the deposit. Highlights include high-grade intercepts of 14.15% zinc and [...]
Benz Mining Corp. , is pleased to announce the completion of its 2017 diamond drilling program. A total of nine planned drill holes totaling 2,114.22 m were completed at the Mel Zinc-Lead-Barite project in south-east Yukon. Assay results from this year's program are expected by the end of November and will be released as they become available. Sample material from these holes will allow the Company to undertake [...]
Benz Mining, is pleased to announce the commencement of a diamond drilling and exploration program at the Mel Zinc-Lead-Barite project in south-east Yukon. Diamond drilling was started on September 27th, 2017. The field program is planned to include a combination of diamond drilling, trenching, geological mapping and sampling. Drilling is focused on the Mel Main Zone and is the start of an in-fill program of the Inferred [...]
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