this is really worth a punt

I'Ve posted on Zamia previoulsy as one for the little black book. For those who like to gamble on early-stage gold plays, this one has all the ingredients for a winner. Not a lot of shares out there either and a market cap of only around $4.7million.

Highlights
• Further evaluation of the Mount Rolfe Caldera structure and its
surrounds has led to recognition of possible indications of epithermal
gold mineralisation at several prospects within the Caldera and on its
western margin.
• Soil sampling west of the old Lucky Break mine site has outlined a
distinct gold-silver anomaly in an area where the airborne geophysical
data indicates the presence of concealed prospective features.
• Soil and rock chip sampling at the Sally Ann prospect has returned
promising results with a peak soil sample value of 2g/t gold and
gossanous rock chip sample results of 9g/t and 38g/t gold. These
results together with ground magnetic data suggest the possible
presence of a porphyry copper deposit at depth. Detailed field
mapping is planned prior to drilling in the 2008 dry season.
• A reassessment of previous exploration data from the Dead Horse
Bore area has defined a significant molybdenum anomaly (named
Anthony molybdenum target). Mapping and sampling is being
undertaken in the current quarter to define a drill target.
• At the end of the quarter, eminent consultant Dr Greg Corbett
undertook a field review of ZGM’s projects. The review has enabled
ZGM to prioritise its targets.
• ZGM has applied for two additional EPM Applications totalling about
160 km², enhancing ZGM’s presence in the Central Queensland
Gold Province.