Benz intersects gold at Icon as new hinge zones emerge

NE-plunging hinge zones emerge as an important and repeatable driver of ounce growth across Icon Camp

HIGHLIGHTS:

41m at 14.5 g/t Au from 260m in 26CN079

75m at 2.3 g/t Au from 253m in 26CN064

39m at 3.6 g/t Au from 186m , including 8m at 15.6 g/t Au from 192m , in 26CN074

62m at 2.5 g/t Au from 179m in 26CN073 within a broader 102m at 1.7 g/t Au

Previously reported Benz results: 25m at 16.53 g/t Au in 26CN029, 95m at 4.3 g/t Au in 25GLR232 and 47m at 5.1 g/t Au in 25GLR237, are now interpreted to form part of the NE-plunging high-grade hinge systems at Icon.

Systematic drilling within the established mineralised footprint is proving to be an ounce growth driver comparable to extensional drilling along strike and at depth. As drilling tightens, new NE-plunging high-grade hinge zones keep emerging, unlocking substantial new ounce potential from within the existing footprint.

High-grade gold at Icon is increasingly associated with NE-plunging fold hinge zones , closely mirroring the structural architecture observed at the Hurricane camp.

Benz's baseline 50m by 25m drilling pattern is generating substantial additional mineralisation potential within the existing Icon footprint.

The next phase of drilling will focus on completing the planned baseline drilling pattern across the Hurricane, Icon and Thunderbolt camps to ensure high-grade hinge zones are fully resolved and captured in the geological model prior to maiden resource in H1 27.

Vancouver, British Columbia--(Newsfile Corp. - August 2, 2026) - Benz Mining Corp. (ASX: BNZ) (TSXV: BZ) ( "Benz" or the "Company" ) is pleased to report further exceptional gold results from systematic drilling at the Icon deposit, part of the Company's Glenburgh Gold Project in Western Australia.

Figure 1: Icon long-section looking north showing NE-plunging high-grade hinge zones with selected drill intercepts (g/t Au). See red call out text f