Zenith Minerals Settles Debt, Resumes Lithium Exploration

Zenith Minerals Limited (AU:ZNC) has released an update.

Zenith Minerals Limited has reached a settlement with EV Metals Limited, resolving owed funds from a previous farm-in agreement on Zenith’s Western Australian Lithium Projects. The company will receive $400,000 plus GST in two payments this month, allowing them to resume exploration activities after an 18-month break. This financial resolution enables Zenith to focus on high-priority lithium targets at their wholly-owned projects, with drilling planned to recommence at Split Rocks.

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