Follow-Up Drilling Planned In Western Australia
Zenith Minerals (ASX:ZNC) has reported outstanding now high-grade gold drill results received from the first 36 aircore (AC) holes of a 100-hole, 4,732m programme at the Split Rocks gold project in Western Australia.
Initial composite results from Dulcie Far North combined with those from previous scout drilling by Zenith and historic exploration drill holes on lines 100m to 200m apart, outline an additional 1km long x 300m wide gold mineralised corridor, new results include:
- 3m @ 70.0 g/t Au (end of hole);
- 8m @ 2.5 g/t Au;
- 8m @ 1.9 g/t Au, and
- 12m @ 1.0 g/tAu,incl: 4m @ 1.9 g/t Au.
Chairman, Peter Bird, said Infill and extensional AC drilling is now required at Dulcie Far North to be followed by RC drilling on these significant near surface gold results and at the adjoining thee Dulcie targets: Dulcie Laterite Pit, Dulcie North and Water Bore.
“The results are great and in addition to the existing 2km long gold zone at Dulcie Laterite Pit, they define another 1km long zone that now requires further follow-up drill testing,” Mr Bird said.
“We note that these new results from 36 holes are only a portion of the larger 100-hole drill programme, they are particularly significant given the relatively coarse spacing of drill lines at Dulcie Far North. High grades to 70 g/t Au at end of hole are more than worthy of follow up. The continuing drill programs at Split Rocks are likely to add significant value to the company.”
The latest 36 AC holes, along with previous Zenith AC and historic drilling on lines 100m to 200m apart outline a zone of gold mineralisation 1km long x 300m wide. Results from hole ZDAC339 are particularly significant returning 3.0m @ 70 g/t Aufrom 44m depth to the end of the drill hole which terminated in a zone of intense quartz veining close to a basalt – banded iron formation contact.
A major targeting exercise by the Company’s geological team initially identified 12 high-quality gold drill targets at Split Rocks, subsequently expanded to 18 targets in the north-eastern sector of the Company’s 100% owned tenure.
Drilling to date has tested 12 targets with outstanding first pass results returned so far
A further seven of the 18 targets generated by Zenith extending over 18km of strike are yet to have first pass drill testing.
Infill and extensional aircore drilling is now required at Dulcie Far North to be followed by RC drilling on the significant near surface gold results at the four Dulcie targets, Dulcie Laterite Pit, Dulcie North, Dulcie Far North & Water Bore. are planned.
For further information please visit: https://www.zenithminerals.com.au/
