V strong chart patterns, page-11

Ssssh Lefevre.!! Have always has an eye on Zenith but didn't buy until now because haven't taken the time to DD the assets and I'm not prepared to just punt because someone says a stock is a Buy. I knew the team was good - a respected colleague had been telling me for a while - but I'd been so busy on other investments that I hadn't bought any. Not anymore.

• The Earaheedy discovery forced my hand. It's irresistibly high potential. So I'm building a position. It's obvious that it's very, very large. And this is just one prospect - Chinook - on a long trend. The Magazine prospect was proven in 2020 to be mineralised too but needs drilling. Put the 2 together, and potentially (many) more and you've really got something, if they prove up as now seems likely.
• Speaking of drilling, notice from the ASX releases the other day by both companies that
• (a) 26 holes were drilled in Chinook and 7 in Magazine;
• (b) the assays to date are from only 2 holes in Chinook. When the remaining assays are received that will give more newsflow, and since the visuals were obvious to the team, who also had an Xrf, they should be pretty fair, I reckon;
• (c) all 26 holes Chinook had visible zinc lead mineralisation (again note that they had an Xrf to assist);
• (d) there were strongly anomalous silver readings, too. If they find decent intersections of that, too, it would be handy;
• (e) spacings were 500m by 100m - that's pretty bold;
• (f) to mention just two other - earlier - drill results, note the 2 holes in the top LHS of the pic, both of which were mineralised still at EOH (end of hole, for newbies...). That's always nice;
• This part of the system at least looks pretty flat, as well as having good chunky width. Hopefully that means that drilling won't get deep too quickly.

• BTW, I'd be very happy to own RTR - they're obviously smart explorers and they deserve great praise for what they've achieved already. However I prefer Zenith because the free carry to BFS (at RTR's expense) will save Zenith from a lot of drilling etc. costs, thus keeping their share capital tighter for longer. 294M shares is nice - even after the next raise (whenever) it will pretty tight.

I had DeGrey for a while but sold pre discovery and didn't then have the smarts to buy back in several times on the way up, when I considered doing so. Completely different story but I'm going to ride this because it looks very, very exciting to me. Perhaps more importantly, highly regarded geos are excited by it too.

GTG now but Zenith also has very interesting gold projects. No time to elaborate here but great story in a very good looking company. A compelling Buy.