Highlights:
Ongoing drilling program continues to expand gold mineralisation at Dulcie Far North.
Assessment of standalone development and toll treatment agreements is underway.
Additional mineralisation discovered beneath the main shear, enhancing resource growth prospects.
Zenith Minerals (ASX:ZNC) has announced continued expansion of gold mineralisation at its Dulcie Far North project in Western Australia. The company’s ongoing reverse circulation drilling program has confirmed a broader and deeper gold system than previously identified. The Mining Stock project is strategically positioned near existing processing infrastructure, offering pathways for development.
Drilling Results and Resource Growth
Recent drilling has identified extensions of gold mineralisation along strike and at depth. A reported increase in inferred resources has now been documented, with significant assay results indicating mineralisation continuity. Drill intercepts include multiple gold-bearing zones, affirming the presence of extensive mineralised structures.
Exploration efforts have identified additional gold-bearing lodes below the main shear, expanding the geological model. Mineralisation within the foot-wall provides further avenues for exploration. The latest drill data indicates that the gold system remains open, warranting further step-out drilling.
Project Development and Mining Studies
Zenith Minerals is evaluating multiple pathways for advancing the project, including the viability of standalone development. Internal studies indicate that conventional open-pit mining methods are applicable. The project's location near established processing facilities presents options for toll treatment agreements.
Ongoing assessment of mining and processing strategies aims to determine the most effective development pathway. The recent expansion of mineralisation supports further resource evaluations.
Expansion Across Split Rocks Tenure
Exploration activities extend beyond Dulcie Far North, encompassing Zenith Minerals’ broader Split Rocks tenure. Drilling approvals have been secured for additional regional prospects. Step-out drilling is targeting under-explored zones with indications of gold-bearing structures extending beyond previously defined resource boundaries.
Drilling is advancing at regional targets, including Fuego and Nieve, where mineralisation remains open along multiple trends. The company continues to refine its geological understanding through systematic exploration.
Future Exploration Plans
With ongoing drill campaigns, Zenith Minerals is focused on resource expansion across its project areas. Additional drilling is planned to further delineate mineralised zones and assess economic viability. The company remains committed to advancing its exploration strategy through continued geological assessments and drill testing of high-priority targets.
This article was developed in collaboration with Zenith Minerals and does not constitute financial product advice. Independent advice should be sought for any financial decisions.