Zenith Minerals (ASX: ZNC) has identified 12 high-quality gold drill targets that warrant testing at its 100% owned Split Rocks project in Western Australia. In addition, gold results have now been received from a follow-up drill program (3 RC drill holes).
Major targeting exercise on the north eastern portion of Zenith’s 100% owned Split Rocks project outlines 12 high-quality gold drill targets that warrant testing
Results from recent program of RC drilling confirm further bedrock gold mineralisation beneath the Dulcie Heap Leach Gold Operation (DHLGO)
Drilling confirms continuity of the gold mineralisation with results up to 1m @ 5.68g/t Au with associated quartz veining and alteration within all 3 new holes drilled at the Dulcie Target (refer to full results in Table 1). Gold mineralised structure tested by Zenith drilling only over 100m of strike to date remains open to the south. This extension is only 1 of 12 drill targets that warrant follow-up
Future drilling will now focus on these 12 high-quality gold targets within Zenith’s extensive landholdings. Planning for a larger scale program of aircore drilling to test these targets is in progress
The drilling was designed to follow-up significant bedrock gold mineralisation identified in Zenith’s maiden 16-hole RC drilling program completed in September – October 2019 that successfully confirmed bedrock gold targets beneath the currently operating Dulcie Heap Leach Gold Operation (DHLGO).
Zenith announced on the 21st March 2019 the execution of an option agreement with the owners of the DHLGO whereby the Company has an exclusive right to explore for bedrock gold mineralisation beneath the large laterite rich gold cap currently being mined and treated on leases located contiguous with Zenith’s Split Rocks project licences, located in the Forrestania greenstone belt, Western Australia.
Historical exploration reports on the area of the DHLGO leases highlight that high-grade gold mineralisation is predominantly hosted by moderately west dipping BIF units. Highgrade historic drill results include: 6.0m @ 16.91 g/t Au, 2.0m @ 32.73 g/t Au, 2.0m @ 16.5 g/t Au, 2.0m @ 15.40 g/t Au, 5.0m @ 4.73 g/t Au, 4.0m @ 4.90 g/t Au and 9.0m @ 2.20g/t Au, presenting several high-priority target zones for follow-up by Zenith.
Historic holes were drilled either vertical or at -600 east. Assuming moderate west dipping gold mineralisation then the intersection widths will be close to true widths, however there is insufficient drill density to be confident that all gold zones are dipping west and therefore caution must be applied regarding the widths of reported gold zones. Most historic drill holes have only focused on the near surface laterite rich gold zone with the average drill hole depth for the project area only 19.7m (1,777 historic shallow holes).