EXPLORATION & DEVELOPMENT

Zenith hits two-year peak on gold strike

THE first trickle in what Zenith Minerals hopes will be a flood of positive results over the next few months has arrived, with the junior’s maiden drill program at its Red Mountain project, Queensland, delivering exactly what it wanted to see: near-surface high-grade gold.

Zenith has delivered a discovery at Red Mountain.

Zenith has delivered a discovery at Red Mountain.

While drilling the first 10 RC holes for 780m have barely scratched the surface, probing just 250m of a 1200m-long gold soil anomaly, the results have been highly encouraging with 14m at 5.5 grams per...

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