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Zenith Minerals Ltd.
Summary
| Project: | Split Rocks | |
|---|---|---|
| Deposit: | Split Rocks | |
| Location: | Australia | |
| Commodities: | Cobalt-Nickel-Scandium-Gold | |
| Date: | 4/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-4-2018: Zenith Minerals Ltd. announces an Exploration/Drilling Update report for its Split Rocks deposit at the Split Rocks project. Drilling results incl. 12m @ 0.27% Co, 1.45% Ni from 20m . Zenith’s maiden drill program (104 aircore holes) at the Dul | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Clifford (Internal) | |
| ABSTRACT: | Zenith’s maiden drill program (104 aircore holes) at the Dulcie Prospect confirms high-grade near surface cobalt-nickel mineralisation, widespread scandium as well as intersecting pegmatites with anomalous lithium and returning strong gold results within Zenith’s recently granted 100% owned Split Rocks project in Western Australia. Drilling confirms and extends the cobalt - nickel zone identified in a review of previous exploration and in addition has defined widespread near surface scandium mineralisation in a relatively continuous flat-lying blanket above or beside the cobalt-nickel mineralisation. Significant new cobalt – nickel and scandium drill results from initial composite samples from the Dulcie Prospect include: Western Australia. Zenith commenced exploration of the Split Rocks project in 2017 with active, ongoing programs focusing on the lithium, nickel-cobalt as well as the gold potential. Drilling in this first phase program tested approximately 4.5km of the 9km long target area in one small area of Zenith’s Split Rocks tenements totalling 500sqkm. As foreshadowed in ASX Releases 9th January and 26th January 2018 the key aim of this initial drill program was to assess the grade and continuity of cobalt-nickel mineralisation over a 4.5km zone north of the previously intersected near surface, high-grade results at the Dulcie Prospect, which included 22m @ 0.06% cobalt and 0.70% nickel (details of the cobalt-nickel target overleaf). Cobalt – nickel mineralisation has been confirmed and extended whilst significant levels of scandium have also been identified with the best results occurring at surface on the southernmost drill line | |
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