Zenith raises cash as gold drilling continues

ZENITH Minerals has raised A$5 million to bankroll its strategy of targeting large scale gold deposits in Australia.

Zenith raises cash as gold drilling continues Zenith raises cash as gold drilling continues Zenith raises cash as gold drilling continues Zenith raises cash as gold drilling continues Zenith raises cash as gold drilling continues

Zenith, WA

The new shares priced at 10c each are being taken up by undisclosed investors.

Zenith said "significant news flow" is expected as drilling progresses at its Red Mountain gold project in Queensland.

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