- Business
- Benz Mining Corp. Benz Mining Corp. (TSX-V: BZ; ASX: BNZ) is a Canada-based gold exploration company focused on the acquisition, exploration and development of mineral properties in Canada and Australia. The company holds interests in the flagship Eastmain Gold Project located in Quebec's Upper Eastmain Greenstone Belt, hosting a high-grade resource from the former producing Eastmain Mine which yielded over 40,000 ounces at 10.58 g/t Au from 1994-1995; the shovel-ready Glenburgh Gold Project in Western Australia spanning 50km strike length with mining lease, access road and optionality for bulk open-pit and high-grade underground mining; and the Mt Egerton Gold Project in the Gascoyne region of Western Australia. Operations span Quebec, Canada and Western Australia, with target customers encompassing institutional investors and strategic partners in the gold mining sector. Founded in 2011 and headquartered in Vancouver, British Columbia, Benz Mining Corp. is a subsidiary of Chess Depositary Nominees Pty Limited. In January 2025, the company completed the acquisition of Gascoyne Resources (WA) Pty Ltd and Egerton Exploration Pty Ltd from Spartan Resources Limited for AUD 15.6 million, funded partly by an oversubscribed A$4 million placement that established Spartan as a 15% cornerstone shareholder providing ongoing geological support; this transaction consolidated its Western Australian portfolio, advanced multi-jurisdictional expansion and positioned Glenburgh for accelerated development while enhancing exploration at Eastmain.