Fast Tracking Next Phase Of Queensland Drilling
Zenith Minerals (ASX: ZNC) has outlined a zone of high-grade near surface gold mineralisation with results from a further seven RC drill holes at the Company’s 100% owned Red Mountain project in Queensland.
CEO Mick Clifford said that following the very positive results returned in the maiden drill programme a drill rig re-commenced work on site on a full-time basis and pending ongoing positive follow-up assay results the RC rig will work a continuous roster at Red Mountain over the coming months.
“Assay results from new drill holes confirm the presence of a 20 – 30m wide steep easterly dipping zone of gold mineralisation,” Mr Clifford said.
“The zone has now been extended to the south. Step out drilling to the north and south covering a strike extent of approximately 500m will now proceed with more confidence, and I look forward to providing further updates on this exciting programme.”
Mr Clifford said a key objective of the most recent RC drilling was to establish the orientation of gold mineralisation.
“This has now been successfully achieved with the new results outlining a 20 – 30m wide steep easterly dipping zone of gold mineralisation at the southern end of the main Red Mountain soil anomaly.”
Of the seven new RC holes, three were drilled east of the main gold zone, whilst another two were drilled sub-parallel and west of the gold zone.
Future drill holes will now be drilled east to west on 50m spaced sections, stepping out north and south to provide approximately 500m of strike coverage.
Mr Clifford said this work can now target a much larger total target zone extending some 2.2 km around the rim of the breccia pipe. Step-out RC drilling is recommencing again this week.
