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Zenith Minerals Limited ( (AU:ZNC) ) has provided an update.
Zenith Minerals Limited has announced a 41% increase in the mineral resource estimate for its Dulcie Far North Project, now totaling 302,000 ounces of contained gold. This significant update follows successful drilling campaigns and the acquisition of additional land, positioning the project for potential development as a standalone or toll-treatment gold operation. The expansion underscores Zenith’s strategic consolidation of the Dulcie Gold Project, enhancing its resource base and development potential within the Marvel Loch–Forrestania belt.
More about Zenith Minerals Limited
Zenith Minerals Limited is a company operating in the mining industry, focusing on gold exploration and development. The company has a significant presence in Western Australia, particularly in the Southern Cross–Forrestania Greenstone Belt, where it holds 100% mineral rights for gold and other minerals, excluding nickel sulphides, at its Dulcie Far North Project.
YTD Price Performance: -10.0%
Average Trading Volume: 104,114
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$19.06M
For a thorough assessment of ZNC stock, go to TipRanks’ Stock Analysis page.