Benz Mining Corp. reported the observation of chalcopyrite (a copper bearing sulphide) mineralization associated with quartz veining in the drilling recently completed at the Michel prospect, 5km to the northwest of the Eastmain Mine, along strike from the mine and within the Upper Eastmain Greenstone Belt. The Michel prospect is located approximately 5km to the northwest of the Eastmain Mine Portal along the same gold-rich trend.

In 2010, Eastmain Resources drilled a gold occurrence coincident with a VTEM anomaly at the extremity of a felsic intrusion. Drilling was directed by surface observations with soil anomalies and gold in rock samples (up to 2.2g/t gold in a sheared granodiorite), close to the drilling. Three holes were drilled with two intercepting mineralization.

Two of the holes drilled (same collar, EM10-12 and EM10-13) intersected significant gold anomalies throughout the mafic sequence associated with sulphide (pyrrhotite, pyrite and chalcopyrite) bearing quartz veins and associated sericite+ chlorite alterations hosted by gabbro and basalt flow breccias. Eastmain Resources reports show: 1m at 8.2g/t gold and 0.11 % copper from 181.0m (EM10-12). 3.3m at 1.1g/t gold and 0.22% copper from 146.2m (EM10-12).

0.8m at 13.9g/t gold and 0.60% copper from 136.4m (EM10-13). 0.6m at 8.8 g/t gold, and 0.12% copper from 239.7m (EM10-13). 0.5m at 11.8g/t gold and from 244.4m (EM10-13).

0.9m at 4.1g/t gold and 0.40% copper from 247.9m (EM10-13). In 2021, Benz conducted: A large FLEM (Fixed Loop time-domain Electro-Magnetic) survey over the Michel area, referred to as Grid 21-L; and DHEM (Down Hole Electro-Magnetic) survey of historical drill holes EM 10-12 and EM10-13 (EM 10-11 was blocked and not useable at the time). Two holes were drilled for a total of 336m.

Drill hole EM22-275 targeted electromagnetic conductors both from FLEM and DHEM surveys and EM22-272 targeted a shallow FLEM conductor never drilled before. EM22-272 intersected a wide zone of quartz veins with chalcopyrite, minor pyrrhotite and pyrite hosted in a gabbro intrusion. Between 76.65m and 81.4m, about 30% of this interval is occupied by sulphide bearing quartz veins.

Similar veins, but not as common, were identified from 81m down to 92.65m. The main sulphide is chalcopyrite with minor pyrrhotite and pyrite. Tourmaline was observed in the quartz veins.

EM22-275 intersected a chalcopyrite rich zone corresponding to a shear near the contact with volcanics and a gabbro (89m to 92m - corresponding to the FLEM and DHEM modelled anomalies). Chalcopyrite was observed as disseminations and veins from 92m depth to 134m within the volcanics. Eastmain Gold Project: The Eastmain Gold Project, situated on the Upper Eastmain Greenstone Belt in Quebec, Canada, currently hosts a NI 43-101 and JORC (2012) compliant resource of 376,000oz at 7.9g/t gold (Indicated: 236,500oz at 8.2g/t gold, Inferred: 139,300oz at 7.5g/t gold).

The existing gold mineralization is associated with 15-20% semi-massive to massive pyrrhotite, pyrite and chalcopyrite in highly deformed and altered rocks making it amenable to detection using electromagnetic techniques. Multiple gold occurrences have been identified by previous explorers over a 12km long zone along strike from the Eastmain Mine with very limited but highly encouraging testing outside the existing resource area. Ruby Hill West Lithium Project: The Ruby Hill West Lithium Project is a surface occurrence of spodumene bearing pegmatite within the Ruby Hill West Project, located 50km due west of the Eastmain exploration camp.

The occurrence was first sampled in 2016 by Eastmain Resources and then by Quebec government geologists in 2018. Only limited sampling was conducted by both groups.