" Zenith said its deposits are of a style similar to those...

" Zenith said its deposits are of a style similar to those currently being mined by Sandfire Resources (ASX: SFR) at DeGrussa and Independence Group (ASX: IGO) at Jaguar-Bentley in Western Australia." from an article on small caps website
if this statement is right, zenith is sitting on huge resources
IGO sold their jaguar-Bentley mine for 73m for an american syndicate back in 2018 when copper was selling for 5000$/ t
Degrussa mine was the mine that saved sandfire resources who was running into financial issues back in 2018.
Personally i do not see zenith minerals, going into production and i do support this idea, cos mining is an expensive and hard business, creating value then flipping the projects is a better option.
if we take the assumption that develin creek resources is worth of 73m / 298m shares on issue = 0.244 cent and that is where is the share price is sitting now.( provided that the management deliver the results that they are talking about ).i do believe they will. they dnt beat around the bush in fact they are drilling for treasures around the bush...
0.24c from develin creek, more drilling results and we will increase our resources.
zenith projects will be TO targets for major miners.
that is just me DYOR