Zenith targets high-grade WA gold uplift with new drilling blitz
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Murray Region
Zenith Minerals Ltd wasted no time in putting the rig to work at the Consolidated Dulcie gold project in WA’s Southern Cross, officially launching a high-impact drilling campaign just weeks after securing significant resources at the site.
The West Australian gold digger has activated a reverse circulation rig to run an eight-hole 1,350-metre program aimed at detecting grade spikes and fresh ounces right next to its existing reserve.
The move follows the project’s recent inferred mineral resource designation of 21.3 million tonnes totaling 1.0 grams per tonne (g/t) gold for 675,000 ounces. Having made an impressive debut, Zenith says it is now hungry to add to its inventory, focusing on high-confidence regions that can quickly move the needle on both scale and quality.
At the Dulcie South exploration site, the drill bit will focus on a significant gap in the resource model and follow downward extensions of shallow, high-grade zones from previously cleared areas. By filling the gaps, the company expects to significantly increase the continuity and reliability of the existing supply.
‘We target high-confidence, close-to-the-source opportunities.’
Zenith Minerals managing director Andrew Smith
Further north, at Scott’s Grey, five reverse circulation holes are being drilled into the ground to test lateral and downward extensions of high-grade mineralization.
Previous hits for Scott’s Gray include 7.40 g/t gold over 3 meters from 71 meters in a single hole and 11 meters at 3.53 g/t gold from 66 meters in a second; This shows that there is still plenty of high margin potential to be exploited beyond the current outlined resource.
Zenith Minerals managing director Andrew Smith said: ”We like that targeting high confidence, close to source opportunities Where We To see clean up potential with quickly to add ounce, improve grade distribution and improve overall resource quality.”
Adding further weight to the project, the company is in the midst of signing mining lease M77/599, which covers the vital one kilometer strike difference between the Dulcie North and Dulcie prospects. The administration believes that connecting these regions could be the key to unlocking a major expansion of the 6-kilometer central corridor.
Meanwhile, beyond its immediate drilling targets, Zenith is preparing to focus exploration efforts on a much larger area, characterized by a massive 19-kilometer mineralization trend, over the course of its mission.
The company identified multiple parallel shear zones outside the main trend, which historical drilling confirms is promoting gold mineralization.
In a deliberate and cost-effective move, Geographies aimed to retest old lithium drill cores for gold, creating new targets across 360 square kilometers of land without the need for cash-guzzling regional exploration.
Where Dulcie starts to look like more than just another resource growth story is the development option its location provides. Zenith says the project is based on mining leases and already benefits from off-road access, power and water, key components that can accelerate a project from exploration to development.
Specifically, the company has also initiated early-stage feasibility studies, examining low-capital processing options such as ore sales or tolling, as well as phased open-pit mining scenarios.
Dulcie’s location close to established gold infrastructure could be a major advantage. The project is located within trucking distance of operating processing centers, including the Marvel Loch processing plant and the Edna May gold mine, approximately 40 kilometers away; both could provide potential refining pathways if the resource continues to grow and metallurgy accumulates.
Zenith appears determined to demonstrate that its 675,000-ounce resource is just the first part of the Consolidated Dulcie gold project. With the drill bit now turning into a massive 12-mile trend, punters will be glued to the news feed as they search for the high-grade hits that could quickly propel Dulcie and company into the ranks of Western Australia’s rising gold players.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
