Benz Capital Corp. Received Class 3 Permits and Started Drill Program at Eagle Property
23 Juillet 2013 - 1:49AM
Marketwired Canada
Benz Capital Corp. (TSX VENTURE:BZ) ("Benz" or the "Company"), is pleased to
announce that it has received Class 3 permits from the Yukon Government to begin
its exploration program at the Eagle Property in the Yukon, Canada.
The Eagle vein has displayed a consistent and predictable structure that has at
least a 900 metre strike length and extends to the 300 metre depth. High-grade
intercepts in the widely spaced drilling indicates the presence of several "ore
shoots" that require additional drilling to define. Based on historical
findings, the Company has now decided to attempt to delineate the vein and
potential ore shoots through diamond drilling. A diamond drill will be used to
drill up to 6 holes over two years for a total of 1300m from 2 drill pad
locations, and if successful, the program would confirm the previously
highlighted potential for extensive mineralization and would positively
delineate the economic potential in the area.
Kluane Drilling, a local company, has been contracted to conduct the drilling
program that started on July 22, 2013.
This news release contains statements that are forward-looking in nature and, as
a result, are subject to certain risks and uncertainties. Although the Company
believes that the expectations reflected in these forward-looking statements are
reasonable, undue reliance should not be placed on them as actual results may
differ materially from the forward-looking statements. Factors that could cause
the actual results to differ materially from those in forward-looking statements
include results from the drilling program. The forward-looking statements
contained in this news release are made as of the date hereof, and the Company
undertakes no obligation to update publicly or revise any forward-looking
statements or information, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the accuracy or adequacy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Benz Capital Corp.
Miloje Vicentijevic
President and Chief Executive Officer
604.682.3701 #242
604.682.3600 (FAX)
info@benzcapital.com
www.benzcapital.com
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