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Zuleika Gold Strengthens Balance Sheet and Grows Resources at Zuleika Project

Story Highlights
  • Zuleika Gold settled Plutonic litigation, securing $46m and a strong, debt-free balance sheet.
  • The company expanded gold resources at Credo Well and Paradigm East and advanced mining leases.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zuleika Gold Strengthens Balance Sheet and Grows Resources at Zuleika Project

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Zuleika Gold Limited ( (AU:ZAG) ) has issued an update.

Zuleika Gold Limited reported a transformative December 2025 quarter marked by the settlement of its Plutonic Mine litigation and the receipt of $46 million in cash and shares from Catalyst Metals, with a further $2 million due by May 2026, leaving the company debt-free and with approximately $45.9 million in cash and liquid assets. Operationally, the company advanced geological reviews and resource growth at its Credo Well, Paradigm East, and Browns Dam areas, upgrading the Credo Well Mineral Resource to 22,500 ounces, announcing a maiden inferred 12,600-ounce gold resource at Paradigm East after quarter-end, and bringing total inferred and indicated resources at Credo Well and Paradigm East to 35,200 ounces while progressing mining lease applications for both projects.

The most recent analyst rating on (AU:ZAG) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Zuleika Gold Limited stock, see the AU:ZAG Stock Forecast page.

More about Zuleika Gold Limited

Zuleika Gold Limited is an Australian gold exploration and development company focused on its 220km² flagship Zuleika Project in the prolific Kundana–Ora Banda district of the Kalgoorlie Goldfield in Western Australia. The project is strategically located along major regional shear zones within highly prospective stratigraphy that has historically produced more than 20 million ounces of gold over the past three decades.

Average Trading Volume: 907,778

Technical Sentiment Signal: Buy

Current Market Cap: A$48.2M

See more data about ZAG stock on TipRanks’ Stock Analysis page.

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