Zenith Minerals Launches A$3.5 Million Entitlement Offer to Boost Gold Exploration

An update from Zenith Minerals Limited ( (AU:ZNC) ) is now available.

Zenith Minerals Limited has announced a fully underwritten entitlement offer to raise approximately A$3.5 million to accelerate exploration and resource growth at its newly consolidated Dulcie Gold Project in Western Australia. The funding will support a significant drilling campaign aimed at expanding the company’s existing mineral resource estimate and advancing towards commercial gold production. The offer is supported by the company’s board and management, and includes strategic acquisitions that consolidate additional prospective strike areas, reducing exploration and operational risks.

More about Zenith Minerals Limited

Zenith Minerals Limited is a company operating in the mining industry, primarily focusing on gold exploration and resource development. The company is engaged in projects located in Western Australia and Queensland, with a market focus on expanding its gold resource base and advancing towards commercial gold production.

YTD Price Performance: -2.50%

Average Trading Volume: 140,958

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$15.89M

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