Benz defines maiden gold exploration target at Glenburgh

HIGHLIGHTS: Maiden Glenburgh Exploration Target indicates Glenburgh has the potential to be an emerging major gold system, with the scale, geological architecture and growth potential to support a world-class gold project. The Exploration Target is informed and supported by substantial drilling , with approximately 80% of the Exploration Target being drill-defined, assay-supported and wireframed . The balance reflects a more conceptual geological projection of the system beyond the current drill footprint.

Aggressive infill, extensional and down-plunge drilling, metallurgical testwork and updated geological modelling are planned over the next 12 months, with the objective of converting a substantial portion of the Exploration Target into a Mineral Resource in CY27 . Ongoing tungsten assaying is expected to support the incorporation of tungsten into potential future Exploration Targets and Mineral Resource models. The entire Exploration Target sits within Benz's wholly owned, granted and fully permitted Mining Lease , providing a clear and rapid pathway to development following pending definition of a maiden Mineral Resource.

Vancouver, British Columbia--(Newsfile Corp. - June 23, 2026) - Benz Mining Corp (ASX: BNZ) (TSXV: BZ) (" Benz " or the " Company ") is pleased to report a maiden Exploration Target, as defined under the JORC Code (2012) and contemplated in Section 2.3(2) of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), for its 100%-owned Glenburgh Gold Project in the Gascoyne region of Western Australia ("Exploration Target"). Table 1: Glenburgh Exploration Target (see "Cautionary Statement" below).     The combined Exploration Target grade reflects the inclusion of the broader lower-grade mineralised halo in full and does not represent an optimised mining inventory. Future studies would assess which portions of the halo may be selectively include