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Benz Mining Corp. (ASX:BNZ) has announced a new high-grade discovery.

Benz Mining Corp. (ASX:BNZ) is pleased to announce results for 13 holes from D and E Zones at the Eastmain Gold Project, which are now confirmed as new high-grade lodes and have the potential to become an integral part of the Eastmain deposit.

Following the announcement, shares in AuKing Mining Ltd rose 5.43% to $0.68/share.

When a mining company announces a new resource discovery it?s exciting times for shareholders.

A lot of capital goes into exploration and when a new deposit is found there?s usually a share price boost.

Discovery is the reward stage for investors, particularly of junior mining stocks, searching for undiscovered deposits of natural resources.

When discussing new resource discoveries it?s beneficial to know the difference between greenfield and brown exploration.

Greenfield exploration is looking for mineral deposits in areas that have not been explored.

In brownfield exploration deposits are being sought near or next to an already existing mine.

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