Benz confirms free-milling gold at Icon

HIGHLIGHTS: ~95.5% gold extraction within 24 hours from composite samples representative of the higher-grade core of the Icon deposit, confirming excellent conventional leach performance with rapid leach kinetics, low final residues and low cyanide and lime consumption. Consistently strong extraction across the Icon grade range tested , with high gold extraction maintained from higher-grade core material through to the broader mineralised halo, including material grading down to approximately 0.10 g/t gold.   Icon mineralised halo represents an exciting incremental recoverable gold opportunity , with material grading from 0.1- 0.3g/t gold leaching strongly and returning gold extraction up to 93.3% . Strong recovery at these grades is an important differentiator for Glenburgh.

Important operational upside for future open-pit studies: low grade halo (0.1-0.3 g/t gold) has the potential to become mill feed rather than waste, with potential to substantially reduce any future strip ratios. Rapid leach kinetics and low cyanide consumption confirmed , with Icon gold extraction generally complete within 8 to 24 hours and average cyanide consumption ranging from ranging from 0.18 – 0.22 kg/t NaCN. Further recovery upside remains to be tested , with this initial program providing a strong baseline for future optimisation of grind size, leach conditions and gravity recovery response .

Glenburgh drilling ramp-up and pre-development programs underway: Benz is ramping up to 12 RC shifts across Hurricane, Icon and Thunderbolt Camps, alongside advancing metallurgical, geotechnical and orebody knowledge programs, reflecting increasing confidence in Glenburgh emerging as a large-scale multi-million-ounce gold system Vancouver, British Columbia--(Newsfile Corp. - June 16, 2026) - Benz Mining Corp (ASX: BNZ) (TSXV: BZ) (" Benz " or the " Company ") is pleased to report highly encouraging initial cyanidatio