Zenith Minerals’ Dulcie Drilling Confirms Scale as Feasibility Work Begins

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

Zenith Minerals has completed a 12,621 m reverse-circulation drilling program across its Consolidated Dulcie Gold Project in Western Australia, with final assays confirming broad zones of mineralisation and localised high-grade gold intervals that support its previously stated exploration target. The results underpin preparation of a maiden JORC-compliant mineral resource estimate targeted for late February 2026, incorporating both Zenith’s drilling and verified historical data.

The company has initiated feasibility work to fast-track potential development, assessing staged open-pit mining, ore sale or toll-treatment options, and other low-capex processing scenarios that leverage existing mining leases and regional infrastructure. Additional drilling planned from March 2026, including RC and diamond holes, will provide structural, geotechnical and metallurgical data to support mine design and feasibility studies, while new lode positions identified outside the current target footprint point to further resource growth potential along the broader Dulcie corridor.

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 mineral exploration and development company focused on gold projects in Western Australia’s Southern Cross region. The company is advancing the Consolidated Dulcie Gold Project on granted mining leases, aiming to position it as a production-focused, district-scale gold operation leveraging established regional infrastructure and nearby processing facilities.

Average Trading Volume: 509,002

Technical Sentiment Signal: Hold

Current Market Cap: A$50.41M

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