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Benz Mining Drilling Results Appear to Link Deposits at Western Australia Gold Project, Euroz Hartleys Says

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Benz Mining's (ASX:BNZ) reported shallower intercepts discovered between zone 126 and zone 102 at the Hurricane camp, part of the Glenburgh gold project in Western Australia, may have linked the deposits and potentially expanded the camp materially, according to a Tuesday note by Euroz Hartleys.

The results were up to 70 meters at 2.9 grams per tonne grade of gold from 214 meters, including 37 meters at 5.2 g/t grade of gold.

The two meters at 6.4 g/t grade of gold result was 400 meters step out down dip at zone 126, showing that gold mineralization exists at depth.

The firm also mobilized three drilling rigs to the Thunderbolt camp, which Euroz Hartleys assumed meant that Benz liked what it was seeing.

The investment firm maintained its buy recommendation and its AU$4.67 per share price target on Benz Mining.

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