ZNC zenith minerals limited

Yes, newsflow will be substantial from here. Red Mountain assay...

  1. 1,691 Posts.
    lightbulb Created with Sketch. 200
    Yes, newsflow will be substantial from here. Red Mountain assay in the lab with more drilling to come. A permanent rig there will see the project kick along quite quickly. We have a vertical system there which if like Mount Wright up the road will have Au mineralisation down to around a km. The recent announcement at Red Mountain shows the amount mined in each section of depth. This in ground value if proven would far exceed our current market cap many times over. Then we have split rocks and Devlin Creek and a 1/4 of Earaheedy's recent game changer.

    Rig should be at Devlin Creek soon -

    Inferred Mineral Resource (JORC 2012) of: 2.57Mt @ 1.76% copper, 2.01% zinc, 0.24g/t gold and 9.6g/t silver (2.62% CuEq) released to ASX on the 15th February 2015. Upside to resource grades are considered likely with Zenith RC hole twinning previous 1993 percussion hole returning significantly higher copper, zinc, gold and silver grades (300% to 700% higher). Initial metallurgical testwork results show positive first stage “rougher” recoveries of 90%. The Company holds exploration permits that cover the highly prospective host rocks over 50km north – south.

    And then there's Snook just south of the JORC inferred resource where rock samples returned 7.58% copper, 0.48g/t gold, 7.8g/t silver, 123ppm bismuth, 46ppm molybdenum, 28ppm antimony, 0.13% arsenic, 0.16% lead and 0.3% zinc.




    Last edited by Android789: 21/04/21
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $12.35M
Open High Low Value Volume
3.0¢ 3.0¢ 3.0¢ $420 14K

Buyers (Bids)

No. Vol. Price($)
1 86000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 30250 1
View Market Depth
Last trade - 10.08am 18/06/2025 (20 minute delay) ?
ZNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.