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Finance Investment, Oil Mining Resources

Zenith Minerals (ASX:ZNC) – EM SURVEYS TO ASSESS NICKEL SULPHIDE TARGETS

Zenith Minerals (ASX:ZNC) < 1 mins read

Zenith Minerals (ASX: ZNC) is excited to announce the initiation of EM (Electromagnetic) geophysical surveys targeting nickel sulphides at the Hayes Hill project. This strategic move aligns with the company's commitment to exploring and uncovering the potential of nickel deposits in the region.

Managing Director Michael Clifford said: “We are pleased to advise that EM geophysical surveys have commenced - targeting nickel sulphides at the Hayes Hill project. The EM program is well focused to test for discrete EM conductors that are likely to be representative of sub-surface accumulations of nickel sulphides. The EM survey is planned to be completed this month, providing the basis for drill targets shortly thereafter.”

Exploration Highlights:

Green Bananas Prospect: EM surveys will commence at the Green Bananas prospect where recent geochemical sampling (ASX Release 4-July-23) has defined a nickel-sulphide target with peak assay results of 0.43% Ni, 0.44% Cu, 0.53% Co, and 203ppm Pt. The Green Bananas geochemical anomaly is consistent with nickel-sulphide geochemical fertility ratios (Ni/Cr ratio, Kambalda ratio, and Ni-MgO residuals) developed by researchers based on published studies of Western Australian nickel sulphide deposits.

Targeted Mineralization: The exploration is focused on “Kambalda Style” and/or “layered intrusion style” nickel sulphide mineralization, with the target being the lithium mineral spodumene.

Survey Details: The EM surveys are designed to test for discrete EM conductors that may represent sub-surface accumulations of nickel sulphides.

Timeline: The EM survey is planned to be completed within the month, setting the stage for the identification of drill targets.


About us:

Zenith Minerals Limited (ASX:ZNC) is an Australian-based minerals exploration company leveraged to the increasing global demand for metals critical to the production processes of new energy industrial sectors.


Contact details:

Jane Morgan

jm@janemorganmanagement.com.au

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