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Zenith Minerals Ltd.
Summary
| Project: | Kavaklitepe | |
|---|---|---|
| Deposit: | Kuzey, Discovery, Guney | |
| Location: | Turkey | |
| Commodities: | Gold | |
| Date: | 6/20/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-6-2019: Zenith Minerals Ltd. announces an Exploration/Drilling Update report for its Kuzey, Discovery, Guney deposit at the Kavaklitepe project. Drilling results incl. 20.0m @ 15.60g/t Au from 0m. Zenith Minerals Limited (“Zenith” or “the Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Clifford (Internal) | |
| ABSTRACT: | Zenith Minerals Limited (“Zenith” or “the Company”) is pleased to advise that initial 4 metre composite assay results from follow-up drill testing have now been received from the Kavaklitepe Gold Project located within the highly gold endowed western region of Turkey. Based on these preliminary 4 metre composite results the drill program has successfully defined gold mineralisation over the length of the 900 metre long Kuzey Prospect (north prospect) with indications of more than one high-grade shoot. New Kuzey infill results from drill holes KT-51 to KT-78) include: KT-77: 20.0m @ 15.60 g/t Au, including 12.0m @ 24.67 g/t Au, KT-78: 16.0m @ 4.72 g/t Au, including 8.0m @ 7.99 g/t Au, KT-64: 44.0m @ 1.90 g/t Au, including 8.0m @ 5.50 g/t Au, KT-56: 24.0m @ 2.14 g/t Au; including 4.0m @ 5.45 g/t Au, and KT-53: 36.0m @ 2.06g/t Au, including 8.0m @ 4.14 g/t Au, (Figures 1, 2, 3 & 4). These drill intersections are interpreted to be close to true thickness of the gold mineralisation. New continuous rock chip sampling along drill access tracks at Kuzey returned 16.0m @ 4.6 g/t Au and 4.0m @ 3.73 g/t Au (Table 3 and Figure 5). Kuzey is one of three gold mineralised zones within the Kavaklitepe Project, the others being Discovery and Guney. New drilling at the Discovery Prospect (drill holes KT-41 to KT-46) shows consistent, shallow west dipping gold mineralisation over a strike length of 600 metres. New Discovery zone drill results include: KT- 42: 8.0m @ 0.74 g/t Au, KT-43: 8.0m @ 1.20 g/t Au and KT-44: 8.0m @ 1.26 g/t Au (Figure 5). | |
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