Zenith Minerals (ASX:ZNC) wrapped up the September quarter having re-commenced aircore drill programs at the Split Rocks lithium-gold project in Western Australia and subsequently started work on a 1,700m RC drill program at the Kavaklitepe gold program in Turkey, while a maiden mineral resource estimate for the Burro Creek lithium clay project in Arizona is pending.
Split Rocks Lithium-Gold Project – Western Australia
Aircore drill programs re-commenced during the quarter at Split Rocks to test lithium and gold targets. The program will provide a first pass test of five of the lithium soil targets (Anomalies 1, 3, 4, 5 and 6) with around 100 drill holes and is anticipated to take approximately 2 to 3 weeks to complete.
Infill drilling has recently been completed to test the potential for one or more modest scale, laterite gold surface deposits of a similar style to that currently being mined and treated at the adjoining Dulcie Heap Leach gold operation. Assay results are awaited.
Kavaklitepe Gold Project – Turkey
A ~1,700 metre RC drill program has commenced with the aim of scoping out the size and grade of the gold mineralised system at the Kuzey Prospect, one of 3 gold mineralised zones within the Kavaklitepe Gold Project. Drilling is anticipated to take approximately 3 weeks to complete, with assays results likely to be available a few weeks later. Program to follow-up on 2016 drill results including: 16m @ 4.7 g/t, 9m @ 5.2g/t and 7.8m @ 7.3g/t gold.
American Lithium JV
Burro Creek Lithium Clay Project – Arizona USA
Maiden Mineral Resource Estimate pending for the Burro Creek project.
Additionally, the partners have identified new lithium opportunities and are progressing to complete on, to add to the portfolio. Bradda Head Ltd intends to list its share of the American Lithium JV interests on London’s Alternative Investment Market (AIM). In this regard Allenby Capital have been appointed as Bradda Head’s Nominated Advisor.
Other Australian Projects
Surface sampling in the Tate River Gold Project returned encouraging first pass results, including: North East Prospect rocks up to 2.1g/t gold whilst wide spaced (400m x 100m) soil sampling returned high-order gold results up to 0.2g/t gold. In addition, rock samples taken at the Far North prospect returned up to 1.7g/t gold. The Company is seeking a joint venture partner to advance this large prospective land-holding.
2,300 surface samples taken last quarter from the Develin Creek copper-zinc project in Queensland were shipped to Perth and have undergone quarantine procedures to allow them to be released to the Company for analysis.