BNZ – Benz Mining Corp

TSXV: BZ, ASX: BNZ
03 February 2022
HIGH GRADE LITHIUM
AT RUBY HILL WEST

HIGHLIGHTS

• High grade lithium mineralisation identified over a large outcropping area at Ruby Hill West, with additional high-value credits from rubidium, caesium and tantalum

• Samples confirmed presence of LCT pegmatite and returned:
 1.9% Li2O, 3160ppm Rb, >500ppm Cs, 274ppm Ta
 1.6% Li2O, 3470ppm Rb, >500ppm Cs, >500ppm Ta
 0.8% Li2O, 980ppm Rb, >500ppm Cs, >500ppm Ta
 0.5% Li2O, 3810ppm Rb, >500ppm Cs, 324ppm Ta

• Results extend strike length of previously identified by surface sampling:
 4.7% Li2O, 1720 ppm Rb (>100ppm Ta, >500ppm Cs)
 2.59% Li2O, 1970ppm Rb, 1030 ppm Ta and 7530 ppm Cs

• Outcrop identified over 100m x 40m open in all directions and untested by drilling

• Area along strike strongly prospective for potential repeats of pegmatite dykes with
little past exploration for this commodity

• Magnetic “lows” shows possible extent to the pegmatite over several kilometres under glacial cover

• Unexplored structural setting may hold potential for additional LCT pegmatites over the length of the greenstone belt of which Benz controls 35km

• Preparations for drilling underway with commencement expected end of March / April as soon as weather permits

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