Highlights

  • BNZ shares have risen nearly 57.47% in 2026 to date, with a 21% gain on 28 January alone.
  • Annual share price growth has reached 621%, coinciding with higher gold prices.
  • Recent drilling at the Icon trend has returned shallow high-grade and broad mineralised intervals.

Benz Mining Corp (TSXV:BZ) (ASX:BNZ) has seen its share price accelerate sharply in 2026, with the stock up almost 57.47% year to date, including a 21% jump on 28 January.

Over the past 12 months, BNZ shares have climbed 621% amid a broader rally in gold-related equities, supported by higher gold prices.

Today’s share price gains accelerated following the company’s latest exploration update, which outlined new drilling results from the Icon trend within its Glenburgh Gold Project.

The stock’s performance in January has been notable, with a single-session gain of 21% adding to already elevated momentum.

Shallow High-Grade Gold Intercepts at Icon

Benz reported the emergence of an ultra high-grade shallow lens at the Icon prospect following infill drilling. Key intercepts included 13 metres at 29.0 g/t gold from 60 metres, 9 metres at 28.0 g/t gold from 84 metres, and 17 metres at 11.0 g/t gold from 55 metres.

In addition to high-grade zones, drilling continues to outline broad intervals of bulk mineralisation. Recent results included 200 metres at 1.0 g/t gold from 76 metres, along with multiple intercepts exceeding 50 metres in length across several drill holes.

Expanding Mineralisation at Tuxedo

At the nearby Tuxedo prospect, step-out drilling has extended mineralisation more than 200 metres below historical shallow drilling. Highlights included 28 metres at 2.5 g/t gold from 406 metres and 35 metres at 1.0 g/t gold from 296 metres.

These results support the presence of multiple stacked mineralised zones across the project area, with drilling demonstrating consistent grades over significant intervals.

Plans for 2026 Drilling Program

Looking ahead, Benz plans to systematically test the full 3-kilometre Icon trend throughout 2026. Drilling is planned to depths of 300 to 500 metres, with programs designed to step out along strike, test down-dip continuity, and assess the overall scale of the mineralised system.

With only around 30% of the identified strike length tested to date, the upcoming drilling campaign is expected to focus on defining the potential for a single large-scale open-pit development at Glenburgh.