All I can say is that ZNC must be one of the hardest working crews on the ASX exploration wise.
Their project suite is becoming truly impressive.
Lithium, Tantalum, Gold, Zinc, Copper, Silver and of course the Iron ore & Manganese.
Its almost hard to get my head around just how many projects they have on the go at the same time, yet they are doing it, plus adding more prospects, particularly gold and lithium.
I am starting to see why they might look to spin off the Lithium projects once they get some proper drill results and also once ZNCs J/V partner gets valued by the market. Whilst their J/V is for most of their U.S/Mexico Lithium projects, they also have quite a few in Australia too. Let alone all their other projects.
I could discuss all of their projects, but right now, its Turkey and gold, U.S and Lithium and Australia and gold. Drilling underway in Turkey, more analysis and drilling in regards to Lithium in the U.S, also more initial testing in Australia.
It almost astounds me that ZNC has not got some sort of recognition in regards to the Lithium, ZNC tries to explain it all in the above report. We have a couple of companies with MCs of $200m plus beside our current projects.. and they are doing a lot of the exploration for ZNC for free!
Then you have ZNCs tenements beside KDRs now clearly world class Lithium discovery... nope, no love yet.
Also, I almost missed the anomaly that they have found to the north of DRMs Deflector project. I really hope they plug a hole or two into it.
Anyway, while ZNC is my micro cap of choice, I do wonder if in the future I will be kicking myself for not taking on a bit more risk and holding more. Time will tell.
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