ZNC zenith minerals limited

Ann: RTR: 14 High Priority Targets and New Mineralisation Style, page-2

  1. 195 Posts.
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    Promising results!

    This is worth noting:
    Rumble Resources Limited:
    An option agreement was executed with Rumble Resources Limited (RTR) over the Earaheedy Zinc project, asannounced to the ASX by RTR on the 12th October 2017. Zenith received RTR shares worth $50,000 as an initialoption payment. RTR may purchase a 75% interest in the Earaheedy Zinc project for $550k in shares within 2years, subject to a 2-year extension (for a further payment of $200k cash/shares at ZNC’s election). Upon exerciseof option to purchase the Earaheedy Zinc project by RTR, ZNC is then free carried at 25% to the end of a BFS.

    So by October 12th, Rumble have to pay Zenith either $200k (cash or shares) to extend the agreement or $550k (shares) to buy 75% and free carry ZNCs 25% (to end of BFS). Nice!
 
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(20min delay)
Last
3.0¢
Change
-0.002(6.25%)
Mkt cap ! $15.88M
Open High Low Value Volume
3.3¢ 3.3¢ 3.0¢ $22.96K 724.2K

Buyers (Bids)

No. Vol. Price($)
3 186243 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 39155 1
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Last trade - 15.22pm 25/07/2025 (20 minute delay) ?
ZNC (ASX) Chart
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