Zenith Minerals Confirms Scale at Dulcie as High-Grade Drilling Results Support Resource Push

Zenith Minerals Limited ( (AU:ZNC) ) has issued an announcement.

Zenith Minerals has reported encouraging reverse circulation drilling results from its Consolidated Dulcie Gold Project in Western Australia, with about half of assays from a 12,621m program now received and broadly supporting its previously outlined exploration target of 0.3–0.8 million ounces of gold. The campaign has delivered the project’s highest-grade intercept to date and identified additional lodes beyond the current exploration target footprint, reinforcing the scale and continuity of mineralisation across the six-kilometre Dulcie Shear Zone that Zenith consolidated in mid-2025. The company is expediting remaining assays to deliver a maiden JORC-compliant mineral resource estimate targeted for late February 2026 and, backed by a recent $7.6 million capital raising, is funded to continue drilling and technical work that could further expand resources and strengthen its position in one of Western Australia’s most active gold belts.

The most recent analyst rating on (AU:ZNC) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Zenith Minerals Limited stock, see the AU:ZNC Stock Forecast page.

More about Zenith Minerals Limited

Zenith Minerals Limited is an Australian exploration and development company focused on gold projects in Western Australia, particularly within the rapidly emerging Forrestania gold belt. The company is advancing its Consolidated Dulcie Gold Project, which benefits from granted mining leases, established infrastructure and proximity to existing mining and processing operations, and is underpinned by the existing Dulcie Far North Inferred Mineral Resource of 302,000 ounces of gold.

YTD Price Performance: 3.53%

Average Trading Volume: 598,103

Technical Sentiment Signal: Hold

Current Market Cap: A$52.19M

Learn more about ZNC stock on TipRanks’ Stock Analysis page.