Benz Mining's Recent Results Continue to Show Scale Potential of Western Australia Deposit, Euroz Hartleys Says

MT Newswires Live09:25

Benz Mining's (ASX:BNZ) drilling results to date continued to show the scale potential at the Icon deposit, within the Glenburgh project in Western Australia, starting to de-risk the processing pathway, Euroz Hartleys said in a Wednesday note.

With the receipt of cyanidation test work results, the company confirmed that gold sourced from Icon is free-milling with high recovery rates and low reagent consumption across all grade profiles tested.

The company reported nearly 96% gold extraction within 24 hours from composite samples representative of the higher-grade core of the deposit, while mid-grade mineralization reached around 91% gold extraction.

The results are broadly supportive of Euroz Hartleys' modelled 95% metallurgical recovery assumption, particularly for the higher-grade Icon core, which yielded almost 96% extraction within 24 hours, the note said.

Consistency across the grade range suggests that Icon is a "clean, conventional, and free-milling" gold system, with potential for increased value from lower-grade halo material, according to the financial services firm.

Euroz Hartleys reaffirmed its buy recommendation and AU$4.67 price target on Benz Mining.

Benz Mining shares rose 9% in morning trade on Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2644773482?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-18 09:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2644773482","market":"us","top_or_hot":-1,"title":"Benz Mining's Recent Results Continue to Show Scale Potential of Western Australia Deposit, Euroz Hartleys Says","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/BNZ.AU\">Benz Mining</a>'s (ASX:BNZ) drilling results to date continued to show the scale potential at the Icon deposit, within the Glenburgh project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, starting to de-risk the processing pathway, <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys said in a Wednesday note.</p><p>With the receipt of cyanidation test work results, the company confirmed that gold sourced from Icon is free-milling with high recovery rates and low reagent consumption across all grade profiles tested.</p><p>The company reported nearly 96% gold extraction within 24 hours from composite samples representative of the higher-grade core of the deposit, while mid-grade mineralization reached around 91% gold extraction.</p><p>The results are broadly supportive of Euroz Hartleys' modelled 95% metallurgical recovery assumption, particularly for the higher-grade Icon core, which yielded almost 96% extraction within 24 hours, the note said.</p><p>Consistency across the grade range suggests that Icon is a \"clean, conventional, and free-milling\" gold system, with potential for increased value from lower-grade halo material, according to the financial services firm.</p><p>Euroz Hartleys reaffirmed its buy recommendation and AU$4.67 price target on Benz Mining.</p><p>Benz Mining shares rose 9% in morning trade on Thursday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Benz Mining's Recent Results Continue to Show Scale Potential of Western Australia Deposit, Euroz Hartleys Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBenz Mining's Recent Results Continue to Show Scale Potential of Western Australia Deposit, Euroz Hartleys Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-06-18 09:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/BNZ.AU\">Benz Mining</a>'s (ASX:BNZ) drilling results to date continued to show the scale potential at the Icon deposit, within the Glenburgh project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, starting to de-risk the processing pathway, <a href=\"https://laohu8.com/S/EZL.AU\">Euroz</a> Hartleys said in a Wednesday note.</p><p>With the receipt of cyanidation test work results, the company confirmed that gold sourced from Icon is free-milling with high recovery rates and low reagent consumption across all grade profiles tested.</p><p>The company reported nearly 96% gold extraction within 24 hours from composite samples representative of the higher-grade core of the deposit, while mid-grade mineralization reached around 91% gold extraction.</p><p>The results are broadly supportive of Euroz Hartleys' modelled 95% metallurgical recovery assumption, particularly for the higher-grade Icon core, which yielded almost 96% extraction within 24 hours, the note said.</p><p>Consistency across the grade range suggests that Icon is a \"clean, conventional, and free-milling\" gold system, with potential for increased value from lower-grade halo material, according to the financial services firm.</p><p>Euroz Hartleys reaffirmed its buy recommendation and AU$4.67 price target on Benz Mining.</p><p>Benz Mining shares rose 9% in morning trade on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IAUM","symbol_name":"ISHARES GOLD TRUST MICRO","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2644773482","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644773482","pubTimestamp":1781745954,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Benz Mining's  drilling results to date continued to show the scale potential at the Icon deposit, within the Glenburgh project in Western Australia, starting to de-risk the processing pathway, Euroz Hartleys said in a Wednesday note.With the receipt of cyanidation test work results, the company confirmed that gold sourced from Icon is free-milling with high recovery rates and low reagent consumption across all grade profiles tested.The company reported nearly 96% gold extraction within 24 hours from composite samples representative of the higher-grade core of the deposit, while mid-grade mineralization reached around 91% gold extraction.The results are broadly supportive of Euroz Hartleys' modelled 95% metallurgical recovery assumption, particularly for the higher-grade Icon core, which yielded almost 96% extraction within 24 hours, the note said.Consistency across the grade range suggests that Icon is a \"clean, conventional, and free-milling\" gold system, with potential for increased","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IAUM":"ISHARES GOLD TRUST MICRO","EIGA.AU":"EINVEST INCOME GENERATOR FD","JNUG":"金矿指数二倍做多ETF","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","GDX":"黄金矿业ETF-VanEck","IISV.AU":"INTELL INV SELVAL SHR FD MF","XME":"金属与采矿指数ETF-SPDR","UYM":"基础材料指数ETF-ProShares两倍做多","RING":"iShares MSCI Global Gold Miners ETF","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","JDST":"金矿指数二倍做空ETF","ZYAU.AU":"Etfs S&p/asx 300 High Yield Plus Etf","IGLD":"FT Vest Gold Strategy Target Income ETF®","PHYS":"Sprott Physical Gold Trust","BNZ.AU":"Benz Mining","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","GDXJ":"小型黄金矿业ETF(Market Vectors)","GBUG":"Sprott Active Gold & Silver Miners ETF","GLL":"2倍做空黄金ETF-ProShares","GOLY":"Strategy Shares Gold Enhanced Yield ETF","DGP":"二倍做多黄金ETN(PowerShares)","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","UGL":"2倍做多黄金ETF-ProShares","BAR":"GraniteShares Gold Shares","PICK":"iShares MSCI Global Metals & Mining Producers ETF","IOZ.AU":"iShares Core S&P/ASX 200","SGOL":"Abrdn Gold ETF Trust","DBC":"商品指数ETF-PowerShares DB","OZF.AU":"SPDR S&P/ASX 200 FINANCIALS","OUNZ":"VanEck Merk黄金股票基金","GDXY":"YieldMax Gold Miners Option Income Strategy ETF","GLDM":"SPDR Gold MiniShares Trust","DUST":"二倍做空黄金矿业指数ETF-Direxion","DZZ":"德银黄金两倍做空ETN","XKO.AU":"标普/澳交所 300指数","USG":"USCF Gold Strategy Plus Income Fund","IAU":"黄金信托ETF-iShares","WRN":"西方铜金","AAAU":"Goldman Sachs Physical Gold ETF","BTGD":"STKD Bitcoin & Gold ETF","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","CEF":"Sprott Physical Gold & Silver Trust","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN","IAUI":"NEOS Gold High Income ETF","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","SGDM":"Sprott Gold Miners ETF"},"translate_title":"Euroz Hartleys表示，奔驰矿业最近的业绩继续显示西澳大利亚矿床的规模潜力","themeId":"f6f7c9f6a0174df79daf9f1dfd21f836","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XME":0.64,"XJO.AU":1.5,"ZYAU.AU":0.6,"BNZ.AU":1,"OZF.AU":0.6,"CEF":0.64,"DULL":0.64,"AAAU":0.64,"GOLY":0.64,"SGDM":0.64,"USG":0.64,"GDXU":0.64,"1OZmain":0.64,"EIGA.AU":0.6,"IAU":0.64,"WRN":1.5,"DGP":0.64,"JDST":0.64,"IGLD":0.6,"SHNY":0.64,"BTGD":0.64,"BAR":0.64,"JNUG":0.64,"SGOL":0.64,"XAO.AU":1.5,"IAUI":0.64,"IISV.AU":0.6,"GDXY":0.64,"UYM":0.64,"PICK":0.64,"BEGS":0.64,"FGDL":0.64,"DZZ":0.64,"DUST":0.64,"GBUG":0.64,"PHYS":0.64,"DBC":0.64,"GDXJ":0.64,"GDX":0.64,"IOZ.AU":0.6,"XKO.AU":1.5,"GOAU":0.64,"GLTR":0.64,"OUNZ":0.64,"GLL":0.64,"IAUM":0.64,"RING":0.64,"UGL":0.64,"GDXD":0.64,"GLDM":0.64},"content_text":"Benz Mining's (ASX:BNZ) drilling results to date continued to show the scale potential at the Icon deposit, within the Glenburgh project in Western Australia, starting to de-risk the processing pathway, Euroz Hartleys said in a Wednesday note.With the receipt of cyanidation test work results, the company confirmed that gold sourced from Icon is free-milling with high recovery rates and low reagent consumption across all grade profiles tested.The company reported nearly 96% gold extraction within 24 hours from composite samples representative of the higher-grade core of the deposit, while mid-grade mineralization reached around 91% gold extraction.The results are broadly supportive of Euroz Hartleys' modelled 95% metallurgical recovery assumption, particularly for the higher-grade Icon core, which yielded almost 96% extraction within 24 hours, the note said.Consistency across the grade range suggests that Icon is a \"clean, conventional, and free-milling\" gold system, with potential for increased value from lower-grade halo material, according to the financial services firm.Euroz Hartleys reaffirmed its buy recommendation and AU$4.67 price target on Benz Mining.Benz Mining shares rose 9% in morning trade on Thursday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2644773482","isCrawlerRequest":true}