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Zenith Minerals Limited ( (AU:ZNC) ) has provided an announcement.
Zenith Minerals Limited announced promising results from its 2025 drilling campaign at the Red Mountain Project in Queensland, revealing a significant gold system with high-grade intervals. The drilling has demonstrated a broad gold zone, suggesting the potential for a significant discovery, and the project is emerging as an Intrusion-Related Gold system similar to the Mt Wright deposit. The company is also preparing for a major drilling program at its Dulcie Gold Project, supported by a recent rights issue, indicating a strong pipeline of exploration activities.
More about Zenith Minerals Limited
Zenith Minerals Limited is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company is engaged in the discovery and development of gold and other mineral deposits, with a market focus on expanding its portfolio of mining projects.
Average Trading Volume: 340,137
Technical Sentiment Signal: Hold
Current Market Cap: A$31.24M
Learn more about ZNC stock on TipRanks’ Stock Analysis page.