Zenith Minerals Advances Red Mountain with Expanded Gold Mineralisation and Deeper Drilling
Zenith Minerals Limited (ASX: ZNC) has reported encouraging results from recent reverse circulation drilling at its Red Mountain Gold Project in Queensland, confirming the expansion of gold mineralisation both laterally and at depth. Final assays from the October drilling program demonstrate consistent mineralisation along a northwest-trending corridor, highlighting the growing scale of the system.
The strongest breccia-hosted gold intersection recorded at the project to date has prompted Zenith to commence diamond drilling, with the initial hole being extended to test deeper targets. These results support the interpretation of a large intrusion-related gold system, with mineralisation remaining open in multiple directions. The transition to diamond drilling represents an important step in refining the geological model and strengthening confidence in Red Mountain as a key growth asset within Zenith’s portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Zenith Minerals Advances Red Mountain with Expanded Gold Mineralisation and Deeper Drilling
Zenith Minerals Limited (ASX: ZNC) has reported encouraging results from recent reverse circulation drilling at its Red Mountain Gold Project in Queensland, confirming the expansion of gold mineralisation both laterally and at depth. Final assays from the October drilling program demonstrate consistent mineralisation along a northwest-trending corridor, highlighting the growing scale of the system.
The strongest breccia-hosted gold intersection recorded at the project to date has prompted Zenith to commence diamond drilling, with the initial hole being extended to test deeper targets. These results support the interpretation of a large intrusion-related gold system, with mineralisation remaining open in multiple directions. The transition to diamond drilling represents an important step in refining the geological model and strengthening confidence in Red Mountain as a key growth asset within Zenith’s portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au