Zenith Minerals Reports Strong Gold Results at Red Mountain

Zenith Minerals Limited (ASX: ZNC) announced promising results from its 2025 drilling program at the Red Mountain Gold Project in Queensland. The first diamond drill hole (ZRMDD064) returned 139.7m at 1.05 g/t gold, including higher-grade zones of up to 21.15 g/t. Geological evidence, including semi-massive sulphides and zinc-lead mineralisation, suggests the system resembles the nearby Mt Wright deposit, known for its vertically zoned gold structure.

Management expects stronger grades at depth, with follow-up drilling underway. In parallel, the company has completed copper porphyry drilling at an adjacent target, with assays pending. A fully funded 9,000–12,000m RC drilling program at the Consolidated Dulcie Gold Project in Western Australia will also begin shortly, supported by proceeds from an AU$3.5 million rights issue. Together, these programs position Zenith for a busy period of exploration updates and potential resource growth.

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