A reverse circulation rig at Zenith Minerals’ Dulcie Central prospect, where drilling has just wrapped up, with the company now assessing a maiden mineral resource at the prospect. Credit: File Zenith Minerals (ASX: ZNC) has wrapped up the latest drill campaign at its Consolidated Dulcie gold project in Western Australia, with the final batch of assays confirming widespread gold mineralisation in a key area outside the existing inventory. The drilling at Dulcie Central

Forrestania Resources is building a WA gold business through two strategic processing hubs at Edna May and Lake Johnston (pictured). Credit: File Forrestania Resources (ASX: FRS) has declared its takeover bid for Zenith Minerals (ASX: ZNC) unconditional after securing a controlling 58.99 per cent stake, clearing the way for a bigger WA gold business. The move paves the way for Forrestania to fold Zenith’s assets into its hub-and-spoke gold strategy centred on Edna May and

Zenith Minerals’ drilling at its Consolidated Dulcie Gold Project in Western Australia. Credit: File Zenith Minerals’ (ASX: ZNC) bid to connect the dots between two gold deposits at its Consolidated Dulcie project in Western Australia is gaining some serious momentum, with the drill bit jagging a solid six-metre hit grading 4.14 grams per tonne (g/t) gold. The intercept included a higher-grade three-metre core going an eye-catching 7.75g/t gold. Impressively, the compan

A drilling rig on site at Zenith Minerals’ Consolidated Consolidated Dulcie gold project in Western Australia. Credit: File Zenith Minerals (ASX: ZNC) has struck gold in all six of the first holes assayed in a drill campaign designed to bridge a 600-metre gap between two key deposits at its flagship consolidated Dulcie gold project in Western Australia. The initial results from a recently completed program include a notable 3-metre intersection grading 2.48 grams per to

A drill rig in action at Zenith Minerals’ Consolidated Dulcie gold project in Western Australia Zenith Minerals (ASX: ZNC) has agreed to an off-market scrip takeover by Forrestania Resources in a savvy corporate action that values the company at $93.5 million. The binding transaction will consolidate two Western Australia-focused exploration and development portfolios, centred on Zenith’s 675,000-ounce Dulcie gold project, 70 kilometres south of Southern Cross in the re

A drill rig in action at Zenith Minerals’ Dulcie gold project in Western Australia. Zenith Minerals (ASX: ZNC) has tightened the geological picture at its flagship Consolidated Dulcie gold project in WA’s Southern Cross-Forrestania gold belt. A 10-hole RC drilling campaign has now confirmed the continuity of mineralisation, extending gold lodes well beyond existing resource boundaries. The company says the best results have immediately upgraded the geological understa

Zenith Minerals' newly granted and strategically placed mining lease M77/599 fills in the final piece of the company’s Dulcie gold project near Marvel Loch in Western Australia. Zenith Minerals (ASX: ZNC) has officially secured the "missing link" at its flagship Consolidated Dulcie gold project in Western Australia, completing the acquisition of a crucial mining lease that unites its gold-rich tenure into one continuous six-kilometre mineralised corridor. The formal reg

Zenith Minerals is drilling at its Consolidated Dulcie gold project, 80 kilometres south of Southern Cross in Western Australia. Zenith Minerals (ASX: ZNC) has thrown open its doors to a strategic review, signalling it is ready to weigh up a range of corporate and asset-level options as it looks to stem what it sees as a widening gulf between its share price and the underlying value of its portfolio. Management says the formal process will assess a broad menu of alterna

Zenith Minerals’ diamond drill rig on one of the recent deep holes at its Red Mountain gold project in Queensland. Credit: File Zenith Minerals (ASX: ZNC) has taken a big step towards proving up the true scale of its Red Mountain gold project in Queensland. Deep diamond drilling has now plumbed the depths of gold mineralisation beyond 700 metres vertical depth, reinforcing the continuity of a broad breccia-hosted intrusion-related gold system (IRGS) at depth. The company’s tw

A reverse circulation drill rig in operation at Zenith Minerals’ Dulcie gold project in Western Australia. Credit: File Zenith Minerals Ltd (ASX: ZNC) has wasted no time putting the rig to work at its Consolidated Dulcie gold project in WA’s Southern Cross region, officially kicking off a high-impact drilling campaign just weeks after locking in a substantial resource at site. The Western Australian gold hunter has mobilised a reverse circulation rig to run an eight-hole 1,3

Zenith Minerals’ newly acquired, and strategically placed mining lease M77/599 now forms part of the company’s Dulcie gold project near Marvel Loch in Western Australia. Credit: File Zenith Minerals (ASX: ZNC) has kicked its exploration momentum up another gear, snapping up a key neighbouring mining lease beside its Consolidated Dulcie gold project in Western Australia. Hot on the heels of a barnstorming resource upgrade yesterday to 675,000 ounces grading one gram per tonne

Reverse circulation drilling at Zenith Minerals’ Dulcie gold project in WA. Credit: File Zenith Minerals (ASX: ZNC) has pulled off a blockbuster resource upgrade at its Dulcie gold project in WA, more than doubling the inventory in a single drill campaign to 675,000 ounces at the rapidly expanding project. The company’s inferred resource now weighs in at a hefty 21.3 million tonnes grading 1 gram per tonne (g/t) gold for 675,000 ounces, sitting across roughly six kilometres

A drill rig in action at Zenith Minerals’ Dulcie gold project in Western Australia. Credit: File Final drill assays from the company’s Consolidated Dulcie gold project in Western Australia have confirmed the scale, continuity and grade needed to underpin a maiden resource across its broader corridor, due within weeks. With feasibility studies already underway and toll-treating options on the table, Dulcie, which already holds its own mining license with existing heap leach op

Zenith Minerals’ Red Mountain gold project in Queensland’s Auburn Sub-province offers a proven intrusive-related gold system or breccia-pipe setting for gold mineralisation. Credit: File Zenith Minerals (ASX: ZNC) has confirmed high-grade gold at surface at its wholly owned Auburn gold project in Queensland, with fresh grab rock-chip samples from last December returning up to a whopping 6.76 and 7.96 grams per tonne (g/t) gold. The samples were taken from the historic Blast

Zenith Minerals reverse-circulation drilling at its Dulcie gold project near Southern Cross in Western Australia. Credit: File Zenith Minerals (ASX: ZNC) has unveiled encouraging assay results from half of its recently completed 77-hole, 12,621m reverse circulation (RC) drilling program at the company’s wholly-owned Consolidated Dulcie gold project in Western Australia’s Southern Cross–Forrestania Greenstone Belt. The project, which spans 6km of prospective strike along the

Zenith Minerals managing director Andrew Smith Credit: File Zenith Minerals (ASX: ZNC) has extended high-grade zones at its Red Mountain breccia-pipe gold discovery in Queensland, returning exceptional reverse circulation (RC) drilling hits of 93 metres grading 0.43 grams per tonne (g/t) gold and 34 metres grading 0.39g/t gold. The company’s results flowed from a recent RC drilling program on the emerging Red Mountain intrusion-related gold (IRG) deposit. Previously reported

A reverse circulation rig in action at Zenith Minerals’ Dulcie gold project near Marvel Loch in Western Australia. Credit: File Zenith Minerals (ASX: ZNC) has fired the first shot in what could become one of the more significant gold resource discoveries in Western Australia’s Southern Cross–Forrestania belt. Early drilling at the company’s Consolidated Dulcie project have confirmed broad zones of gold exactly where the company predicted they would be. The company is running

Caption: Thick, high-grade hits have extended the emerging intrusion related gold system at Zenith Minerals’ Red Mountain gold project in Queensland. Zenith Minerals (ASX: ZNC) has returned the latest barrage of gold results from its Red Mountain discovery in Queensland, returning exceptional intercepts up to a thumping 122 metres grading 1.28 grams per tonne (g/t) gold from 209m. The company’s results flowed from a recent reverse circulation (RC) follow-up program on the em

Visible gold in drilling at Zenith Minerals’ Red Mountain gold discovery outside Bundaberg in Queensland, where follow-up drilling is recommencing. Credit: File Zenith Minerals (ASX: ZNC) has the rods turning again at its Red Mountain gold discovery in Queensland, after recent diamond drilling threw up a potentially massive intrusion related gold (IRG) system with shows of exciting visible gold. The company says a 4000 to 5000m reverse-circulation (RC) program is getting und

Zenith Minerals’ Red Mountain gold project outside Bundaberg in Queensland, where it has confirmed its big gold discovery with a second...