Zenith Minerals Limited (ASX: ZNC) announces a significant update to the Mineral Resource estimate for its wholly-owned Dulcie Far North project. This achievement follows the successful completion of 17 Reverse Circulation drill holes in October 2024. The revised estimate showcases a remarkable increase of over 40% in contained metal compared to the maiden resource released in July 2023. This impressive growth results from both the extension and infill drilling of previously defined lodes, alongside the exciting discovery of new footwall lodes.
Looking ahead, Zenith Minerals is committed to additional drilling to explore the extensions and define the scope of the newly discovered gold-bearing footwall lodes. This initiative aims to enhance the Inferred Mineral Resource at Dulcie Far North. Following this, the Company plans to carry out tighter infill drilling to support an upgrade to the Indicated classification, further bolstering the project's potential for growth and profitability.
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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.