Zenith Minerals (ASX: ZNC) has announced that results from recent mapping and surface sampling of gossans at the Snook Copper Prospect now warrant drill testing. The Snook Prospect forms part of Zenith’s 100% owned Develin Creek copper-zinc-gold project in Queensland.
Recent surface exploration activity at the Snook Copper Prospect within Zenith’s 100% owned Develin Creek Copper-Zinc Project in Queensland elevates the prospect to drill target status.
Zone of strongly elevated base metal, precious metal and trace elements at Snook now extended to over +200m of strike at surface, associated with gossanous sedimentary rocks.
Surface element metal concentrations at Snook appear similar to those found in surface gossans* located above Zenith’s existing volcanogenic massive sulphide (VMS) JORC resources located 30km to the north.
Permitting has commenced for drill testing, with drilling planned in the next 1 – 3 months, once the drill rig working at Zenith’s Red Mountain Gold Project is released.
Managing Director Michael Clifford made the following comments: “The Snook Copper Prospect was first identified by Zenith in early May 2020 with high-grade surface sample results returning base metal and gold values up to 7.58% copper and 0.48 g/t gold.
“Gossanous sedimentary units are enclosed within basalt that are part of the Rookwood Volcanics host rock sequence that is prospective for volcanic hosted massive sulphide deposits (VMS) as evidenced by Zenith’s current JORC resources at the Sulphide City, Scorpion and Window deposits 30 km north of Snook.
The VMS category of deposits are attractive economic targets with typically high-inground metal values. Mineralisation can often occur in multiple discrete locations as suggested in this case with an Inferred JORC Resource already defined to the north of Snook and a separate prospect defined to the south at Comanche with wide intercepts of zinc in drilling. The current prospective zone of Rookwood Volcanics extends over a distance of 50km. Deposits in this VMS category are currently exploited in Queensland by Red River Resources Limited (ASX:RVR) and by Sandfire Resources Limited (ASX:SFR) in Western Australia.
“We plan to drill Snook within the next 1 – 3 months utilising the drill rig which is currently operating on a long-term basis at our Red Mountain Gold Project. The drill rig will be released to Snook for a short period allowing us time to evaluate Red Mountain Gold Project’s drill results”