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An update from Benz Mining ( (TSE:BZ) ) is now available.
Benz Mining Corp. has completed the acquisition of the Glenburgh and Mt Egerton Gold Projects from Spartan Resources in Western Australia, marking a significant step in its expansion strategy. The acquisition involves Spartan becoming a strategic shareholder in Benz and appointing their nominee, Nicholas Jolly, to the Benz board, which is expected to enhance Benz’s strategic direction and support its growth plans. The company is set to commence drilling programs aimed at resource extension and definition, with high expectations for further exploration and development in these prospective gold regions.
More about Benz Mining
Benz Mining Corp. operates in the mining industry, focusing on the exploration and development of gold projects. Its primary activities include acquiring and managing gold mining projects, with a particular interest in regions that are underexplored but show high potential for gold deposits.
YTD Price Performance: -9.87%
Average Trading Volume: 4,085
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $39.04M
For detailed information about BZ stock, go to TipRanks’ Stock Analysis page.