Zenith may have refocused its efforts on lithium but it certainly hasn’t given up on its existing gold assets such as the Split Rocks project in Western Australia.

After all, why would you? Especially when the initial results from a recently completed 150-hole aircore/slimline reverse circulation program demonstrated the continuity of gold mineralised trends in the near surface over a north-south strike of about 1km at the Dulcie Far North prospect.

Notable results from the initial 4m composite assays from the first 50 holes are 12m grading 2.9 grams per tonne (g/t) gold, 8m at 1.8g/t gold including 4m at 3.1g/t gold and 8m at 1.7g/t gold including 4m at 2.8g/t gold.

Zenith Minerals (ASX:ZNC) added that these results are in addition to previous drilling that hit 4m at 10.2g/t gold including 2m at 19.8g/t gold at the end of hole and 9m at 1.8g/t gold including 2m at 6.2g/t gold.

“We are very pleased that drilling from one of our existing gold projects, Split Rocks, has continued to deliver highly encouraging results with further near surface gold mineralisation intersected at Dulcie Far North,” chief executive officer Mick Clifford said.

“These new results are from the first batch we have received from the large drill program completed late last year. Assays from a further 100 holes are still outstanding.

“The new results better define the zone of near surface gold mineralisation at Dulcie Far North and set up targets for deeper RC drill testing in the bedrock.”

RC drilling is planned to resume in late January to better define and extend gold mineralisation in the bedrock at Dulcie Far North as well as at Dulcie Laterite Pit, Dulcie North and Water Bore.

This may be expanded pending results from the Scott’s Grey, British Hills East & Estrela targets.




This article was developed in collaboration with Zenith Minerals, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.