Zenith Minerals’ Drilling Results Encourage Exercising of Option to Purchase

THE DRILL SERGEANT: Zenith Minerals (ASX:ZNC) received decision-making gold assay results from the Dulcie Far North prospect, within the company’s Split Rocks gold project, located in the Southern Cross-Forrestania Greenstone Belt of Western Australia.

The drilling, completed over Dulcie Far North late last year, returned gold results of:

SRRC018
12 metres at 6.07 grams per tonne gold from 108m, including 5m at 10.5g/t gold from 113m;

SRRC016
25m at 0.56g/t gold from 69m, including 3m at 2.39g/t gold from 91m; and

SRRC009
5m at 1.49g/t gold from 30m.

Zenith took much encouragement from the Dulcie Far North assay results, so much so the company exercised its Option to Purchase 100 per cent rights, title and interests over Mining Lease 77/1292 off a private syndicate.

Zenith intends to complete a program of infill RC drilling and diamond tails in March to fully gauge the size of the mineralising system ahead of undertaking resource modelling within the first half of 2023.

 

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