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Zuleika Gold Limited ( (AU:ZAG) ) has shared an update.
Zuleika Gold Limited has reported a maiden Inferred Mineral Resource of 12,600 ounces of gold at its Paradigm East deposit, bringing total inferred and indicated resources at Credo Well and Paradigm East to 35,200 ounces. The company remains debt free and finished the March 2026 quarter with approximately $40.7 million in cash and liquid assets.
The company is advancing geological reviews and target generation across its Credo, Paradigm East and Browns Dam projects, with fieldwork scheduled to begin this quarter. Zuleika Gold plans systematic drilling of geological extensions to improve and grow resources and is progressing mining lease applications for the Credo and Paradigm East areas, positioning the projects for potential development.
More about Zuleika Gold Limited
Zuleika Gold Limited is an Australian gold exploration and development company listed on the ASX. The company is focused on advancing its Zuleika and Credo projects in Western Australia along major gold-fertile shear zones, where it is working to define and expand mineral resources.
Average Trading Volume: 385,991
Technical Sentiment Signal: Hold
Current Market Cap: A$29.66M
Learn more about ZAG stock on TipRanks’ Stock Analysis page.