# Benz Confirms Free Milling Gold with High Recoveries at Icon

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/benz-confirms-free-milling-gold-with-high-recoveries-at-icon--5b6b7ac1-a143-44e7-a9f7-813f0724607d

Original source: https://money.tmx.com/en/quote/BZ/news/8614275407235819/benz-confirms-free-milling-gold-with-high-recoveries-at-icon

Publisher: tmx

Original announcement: 2026-06-17T00:42:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Benz Mining Corp

- Ticker: BZ

- Exchange: TSX

- Region: Western Australia

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-09-17 14:57:28 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Benz Mining Corp announced highly encouraging initial cyanidation testwork results from its Icon deposit at the Glenburgh Gold Project in Western Australia. The tests confirmed high gold extraction rates of up to 95.5% for higher-grade material and consistently strong recoveries across a range of grades, including low-grade mineralized halo material. The gold is free milling with rapid leach kinetics and low reagent consumption, supporting the potential for a conventional processing pathway and favorable open-pit mining metrics.

Reasoning: Initial metallurgical testwork at the Icon deposit within the Glenburgh Gold Project confirms high gold recoveries \(up to 95.5%\) and free-milling characteristics across a range of gold grades, with low reagent consumption and rapid leach kinetics. These results are highly encouraging for the project's economic viability and potential for open-pit development, as even low-grade material shows strong recovery.

- Positive factor: High gold extraction rates across all tested grades

- Positive factor: Gold is free milling with rapid leach kinetics

- Positive factor: Low cyanide and lime consumption

- Positive factor: Potential for low-grade material to be processed as mill feed, reducing strip ratios

- Positive factor: Multi-grade range tested, confirming consistent recovery response

- Positive factor: QP signed off on technical information

- Positive factor: JORC compliant reporting

- Negative factor: Metallurgical work is still early-stage and laboratory-scale

- Negative factor: Further testwork and optimization are planned

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 3

## Classification and evidence

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route \("gravity"\)

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 3 distinct composites were tested

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Metallurgical Results (3)

### bottle roll

[Link to this fact](https://atlas-extractions.minestarters.com/news/benz-confirms-free-milling-gold-with-high-recoveries-at-icon--5b6b7ac1-a143-44e7-a9f7-813f0724607d#fact-metallurgical-facts-0)

Glenburgh Gold Project · gold

#### Identity

- Project: Glenburgh Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BZ

#### Test Work

- Program Status: preliminary
- Test Type: bottle roll
- Processing Route: conventional gravity-concentration and cyanide-leach flowsheet
- Sample: Higher-grade Icon core
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 95.5 %
- Recovery Basis: actual\_test
- Head Grade: 2
- Head Grade Unit: g/t Au

#### Reagents

- Reagent Notes: average cyanide consumption ranging from 0.18 – 0.22 kg/t NaCN; low lime consumption

#### Lab

- Laboratory: ALS Metallurgy

#### Location

- Easting: 409810
- Northing: 7191603
- CRS: GDA94/MGA Zone 50
- EPSG: 28350
- Loc. Confidence: high

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: The 95.5% gold extraction from higher-grade core material is exceptional for gold, confirming free-milling characteristics and strong economic potential for this material type. This recovery is achieved with rapid kinetics and low reagent consumption, further enhancing its viability.

- Positive factor: Exceptional gold recovery for higher-grade material

- Positive factor: Free milling characteristics confirmed

- Positive factor: Rapid leach kinetics

- Positive factor: Low reagent consumption

- Positive factor: QP signed off on technical information

- Positive factor: JORC compliant reporting

- Negative factor: Testwork is laboratory-scale only

#### Tags used in scoring

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 95.5% is at or above the exceptional band \(95%\)

### bottle roll

[Link to this fact](https://atlas-extractions.minestarters.com/news/benz-confirms-free-milling-gold-with-high-recoveries-at-icon--5b6b7ac1-a143-44e7-a9f7-813f0724607d#fact-metallurgical-facts-1)

Glenburgh Gold Project · gold

#### Identity

- Project: Glenburgh Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BZ

#### Test Work

- Program Status: preliminary
- Test Type: bottle roll
- Processing Route: conventional gravity-concentration and cyanide-leach flowsheet
- Sample: Mid-grade Icon mineralisation
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 91 %
- Recovery Basis: actual\_test
- Head Grade: 0.6
- Head Grade Unit: g/t Au

#### Reagents

- Reagent Notes: average cyanide consumption ranging from 0.18 – 0.22 kg/t NaCN; low lime consumption

#### Lab

- Laboratory: ALS Metallurgy

#### Location

- Easting: 409810
- Northing: 7191603
- CRS: GDA94/MGA Zone 50
- EPSG: 28350
- Loc. Confidence: high

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: The 91% gold extraction from mid-grade material is strong, indicating consistent metallurgical performance across different grade profiles and supporting the project's overall economic potential. This recovery is achieved with rapid kinetics and low reagent consumption.

- Positive factor: Strong gold recovery for mid-grade material

- Positive factor: Free milling characteristics confirmed

- Positive factor: Rapid leach kinetics

- Positive factor: Low reagent consumption

- Positive factor: QP signed off on technical information

- Positive factor: JORC compliant reporting

- Negative factor: Testwork is laboratory-scale only

#### Tags used in scoring

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

### bottle roll

[Link to this fact](https://atlas-extractions.minestarters.com/news/benz-confirms-free-milling-gold-with-high-recoveries-at-icon--5b6b7ac1-a143-44e7-a9f7-813f0724607d#fact-metallurgical-facts-2)

Glenburgh Gold Project · gold

#### Identity

- Project: Glenburgh Gold Project
- Commodity: gold
- Region: australia\_wa
- Reported Region: Western Australia
- Ticker: BZ

#### Test Work

- Program Status: preliminary
- Test Type: bottle roll
- Processing Route: conventional gravity-concentration and cyanide-leach flowsheet
- Sample: Mineralised halo
- Grind P80: 75 µm
- Leach Time: 24 hours

#### Recovery

- Recovery: 89 %
- Recovery Basis: actual\_test
- Head Grade: 0.2
- Head Grade Unit: g/t Au

#### Reagents

- Reagent Notes: average cyanide consumption ranging from 0.18 – 0.22 kg/t NaCN; low lime consumption

#### Lab

- Laboratory: ALS Metallurgy

#### Location

- Easting: 409810
- Northing: 7191603
- CRS: GDA94/MGA Zone 50
- EPSG: 28350
- Loc. Confidence: high

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-17T00:00:00.000Z

Reasoning: The 89% gold extraction from the low-grade mineralized halo is a moderate recovery, but significant as it suggests this material, typically considered waste, could be processed as mill feed, potentially improving project economics by reducing strip ratios. This recovery is achieved with rapid kinetics and low reagent consumption.

- Positive factor: Moderate gold recovery for low-grade material

- Positive factor: Free milling characteristics confirmed

- Positive factor: Rapid leach kinetics

- Positive factor: Low reagent consumption

- Positive factor: Potential to convert low-grade material to mill feed, reducing strip ratios

- Positive factor: QP signed off on technical information

- Positive factor: JORC compliant reporting

- Negative factor: Testwork is laboratory-scale only

#### Tags used in scoring

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: processing\_route matches the gravity signal

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
