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Zenith Minerals Limited ( (AU:ZNC) ) has issued an announcement.
Zenith Minerals Limited has successfully completed its 2025 deep diamond drilling program at the Red Mountain Gold Project in Queensland, marking a significant milestone since the initial discovery in 2021. The completion of the third hole, ZRMDD066, and the dispatch of priority intervals for fast-track assays are expected to provide crucial geometrical information to guide future drilling. The company has also applied for additional ground to expand its exploration footprint and is set to commence a regional soil sampling program to identify new exploration opportunities. These developments, along with the promising assay results from previous drilling, suggest that Red Mountain could significantly enhance Zenith’s portfolio and offer substantial potential for stakeholders.
More about Zenith Minerals Limited
Zenith Minerals Limited is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company is engaged in the exploration of gold and other associated minerals, with a particular focus on projects in Queensland and Western Australia.
YTD Price Performance: 175.00%
Average Trading Volume: 1,165,847
Technical Sentiment Signal: Buy
Current Market Cap: A$58.24M
For detailed information about ZNC stock, go to TipRanks’ Stock Analysis page.