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Zenith Minerals Ltd.

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Summary

Project:

Split Rocks

Deposit:Split Rocks
Location:Australia
Commodities:Gold
Date:1/24/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:24-1-2020: Zenith Minerals Ltd. announces an Exploration/Drilling Update report for its Split Rocks deposit at the Split Rocks project. Drilling results incl. 11m @ 2.08g/t Au from 59m. Zenith Minerals Limited (“Zenith” or “the Company”) is pleased to adv
Resources:x
CP/QP:[Overall Report]: Michael Clifford (Internal)
ABSTRACT:Zenith Minerals Limited (“Zenith” or “the Company”) is pleased to advise that drilling has recommenced at its Split Rocks project in Western Australia to follow-up significant bedrock gold mineralisation identified in Zenith’s maiden 16-hole RC drilling program completed in September - October 2019. The initial drill program of approximately 2000m successfully confirmed bedrock gold targets beneath the currently operating Dulcie Heap Leach Gold Operation (DHLGO) - held by a 3rd party*. In addition, the Company is also pleased to report that further 1m resample assay results from that initial drill program have expanded two of the previously reported gold mineralised intervals in holes ZDRC022 and ZDRC017. * Zenith announced on the 21st March 2019 the execution of an option agreement with the owners of the DHLGO whereby the Company has an exclusive right to explore for bedrock gold mineralisation beneath the large laterite rich gold cap currently being mined and treated on leases located contiguous with Zenith’s Split Rocks project licences, located in the Forrestania greenstone belt, Western Australia (Figure 1).

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