Zenith Minerals high-grade drill hits hint at much bigger WA gold prize
- Doug Bright
- 2 hours ago
- 3 min read
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 Dulcie Shear Zone, benefits from granted mining leases, excellent infrastructure, coupled with sealed-road access, power, water and proximity to existing mining operations.
Zenith says the drilling program has added fresh muscle to its existing Dulcie Far North (DFN) inferred resource, delivering southerly extensions made possible after the company secured access to additional subsurface rights in June 2025.
Standout numbers didn’t disappoint with key intercepts of 6m at 2.66 grams per tonne (g/t) gold from 162m, including a 3-metre slice going 4.66g/t gold at Dulcie North. This sat alongside a wider 15m hit running at 1.01g/t gold from 47m, which itself carried a sweeter core of 2m at 3.64g/t gold.
Other notable hits from two holes came in with 10m at 1.09g/t gold from 87m, including 2m at 3.14g/t gold from Dulcie and 7m at 1.43g/t gold from 158m, carrying a richer 3-metre section grading 3.02g/t gold at Dulcie North.
The program also delivered the highest-grade intercept to date at the project with 3m assaying 22.67g/t gold, including 1m at a very respectable 56.76g/t gold from 101m in a hole drilled between previously-defined high-grade zones at DFN. The occurrence highlights strong potential for localised high-grade zones within the broader system.
Drilling outside the currently defined exploration target area also identified additional lodes that point strongly to further growth potential, with notable results including 1m at 7.09g/t gold within a wider 4-metre section grading 1.88g/t gold from 130m.
Two more holes gave up 2m at 4.37g/t gold from 112m and 6.39g/t gold from 75m.
Results received to date have confirmed continuity and scale across the corridor, with multiple mineralised zones showing consistent widths.
The grades also appear to line up with the company’s July 2025 exploration target of between 0.3 and 0.8 million ounces of gold. That target was extrapolated from an estimated resource ranging between 10 and 24 million tonnes at an average grade in the range of 0.9 to 1.1g/t gold.
Dulcie is rapidly shaping up as a district-scale gold system in one of Western Australia’s hottest gold belts at Forrestania. Results to date continue to confirm scale, continuity and predictable geometry across the corridor, reinforcing our confidence in the Exploration Target and the broader growth potential of the system.
Zenith Minerals Managing Director Andrew Smith
The latest intercepts, along with new mineralisation associated with a western banded iron formation (BIF) horizon, appear to have validated Zenith’s targeting model and point to further upside beyond the current target envelope.
At Dulcie North, drilling has confirmed a southward continuation of the stacked, shallow-dipping lode system first recognised at Dulcie Far North, pushing mineralisation roughly 400 metres beyond the current northern resource boundary and underscoring the system’s potential to grow.
With the existing Dulcie Far North inferred resource currently standing at 8.2 million tonnes grading 1.2g/t gold for 302,000 ounces, the new extension builds on a solid base first announced last year and provides a strong platform for ongoing expansion across the broader project footprint.
Zenith also shored up its war chest in September last year, locking in a A$7.65 million strategic placement with Ida Metal Investments to fast-track drilling across its Consolidated Dulcie gold project and to advance work at the company’s Red Mountain gold project in Queensland
The funding runway has put the company in a strong position to deliver a maiden JORC-compliant mineral resource estimate at Consolidated Dulcie, slated for next month. Meanwhile, the drill bit will be kept turning across untested spots within the exploration area. A planned diamond program will also be set in motion to gather critical structural, geotechnical, density and metallurgical data.
With the balance of assays due to land in the coming weeks, the results so far are already underscoring the district-scale promise of the more than 6km-long Dulcie corridor and sharpening the case for Consolidated Dulcie to emerge as a standout new gold asset in one of Western Australia’s fastest-growing gold belts.
Is your ASX-listed company doing something interesting? Contact: office@bullsnbears.com.au
