Zeotech Starts Major Drilling Push at Toondoon Kaolin Project

Zeotech Limited ( (AU:ZEO) ) just unveiled an update.

Zeotech has launched an extensive air core drilling campaign at its Toondoon Kaolin Project, about 20 kilometres south of Mundubbera in Queensland, aiming to tighten grade control on the existing mining lease and explore high-potential zones across two large exploration permits. The roughly 3,500-metre program, covering about 119 drill holes, follows detailed drill spacing analysis and LiDAR surveying to better assess the continuity of kaolin grade and thickness across the deposit.

The campaign is designed to increase confidence in the current Mineral Resource and support work towards a potential maiden Ore Reserve that could underpin future development decisions. Successful step-out drilling in highly prospective areas is expected to test extensions of high-purity kaolin mineralisation, potentially extending kaolin DSO and AusPozz production beyond the current 20-year project life outlined in earlier feasibility studies, reinforcing Toondoon’s role as Zeotech’s key strategic asset.

The most recent analyst rating on (AU:ZEO) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Zeotech Limited stock, see the AU:ZEO Stock Forecast page.

More about Zeotech Limited

Zeotech Limited is an ASX-listed resources company focused on developing the Toondoon Kaolin Project in Queensland as the cornerstone of its kaolin direct shipping ore and AusPozz-branded high-reactivity metakaolin production strategy. The project sits on a granted mining lease and extensive exploration permits, underpinned by a JORC 2025 Measured and Indicated Mineral Resource of more than 10 million tonnes supporting a 20-year mine life in its preliminary feasibility work.

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Technical Sentiment Signal: Buy

Current Market Cap: A$156.4M

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