Zenith Minerals Identifies New Lithium Target at Split Rocks

THE DRILL SERGEANT: Although last alphabetically, Zenith Minerals (ASX: ZNC) could be the first port of call for punters at the RIU Explorers Conference next week after reporting a new lithium geochemical target at the company’s Split Rocks lithium project in Western Australia.

Zenith Minerals collected a swag of geochemical samples during 2022 across the Split Rocks project area comprised of both auger and soil samples.

Assays have been received for 6,076 samples, with a further 2,475 samples awaiting assays.

The company explained the geochemical sampling program has defined a new geochemical anomaly, dubbed Cielo, that exceeds the size of the geochemical anomaly surrounding the Rio lithium pegmatite, presenting a new lithium target to be drill tested.

Zenith is planning a substantial aircore drill program to test the new Cielo lithium geochemical target.

There are an additional two lithium geochemical anomalies A1 & A2 that require further assessment, however the company has earmarked these as future drill targets, whilst RC drilling of anomaly A3 is planned for early 2023.

“We are delighted to announce a major new lithium target at Split Rocks which has come about through 12 months of hard work from our soil geochemical teams,” Zenith Minerals executive chair David Ledger said in the company’s ASX announcement.

“I look forward to providing further updates on this exciting new drill target – Cielo and the additional new lithium anomalies (1 & 2) generated in 2022.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE