Zenith starts the ball rolling with Split Rocks drilling
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Zenith has kicked off the second phase of reverse circulation drilling at the Split Rocks project to test the southern limits of the Dulcie Laterite Pit.
There is plenty of potential at the Dulcie Laterite Pit – the most advanced of the gold mineralised areas that the company had identified in 2020 as requiring additional work programs.
It is interpreted to be a shear zone of over 2km of strike with gold zones that appear to be stacked and open to the east as well as down-dip to the west.
Zenith Minerals (ASX:ZNC) will test the southern limits by extending drill coverage to 2km of strike.
It will also drill 10 holes to assess the continuity of higher-grade, near surface gold mineralisation along with 12 holes on multiple targets in the vicinity of the Dulcie that require either first pass or follow-up drill testing.
“As one of our core projects, Split Rocks is going to get a lot of attention in the first half of 2021,” executive chairman Peter Bird noted.
“Following on from outcomes in 2020 we continue to focus around the large-scale Dulcie laterite Pit Zone with the aim to aggregating a meaningful amount of commercial mineralisation.”
He added that the overall land package showed positive signs with other targets to be investigated subsequently.
Split Rocks is located within Western Australia’s Southern Cross region in the Forrestania greenstone belt about halfway between Perth and Kalgoorlie, an area with several very large current and formerly operated gold mines.
To date, the company has carried out first pass testing of 10 of the 18 targets that it has identified in the northeast sector of the project.
During the December 2020 quarter, drilling at the Dulcie Laterite Pit returned results such as 3m grading 9.1g/t gold within a broader 9m at 3.9g/t gold zone and 2m at 9.2g/t gold within 8m at 2.7g/t gold.
Zenith’s current drilling will consist of the:
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.