Zenith Minerals (ASX:ZNC), Australian-based minerals exploration company, is excited to announce significant advancements in its exploration activities at the Hayes Hill Lithium – Nickel Project, situated in the prolific Norseman – Widgiemooltha area of Western Australia. The company, which holds an option to acquire 100% of the Hayes Hill project, has confirmed the presence of promising nickel sulphide targets through ground-based electromagnetic (EM) geophysical surveys.
The recent EM surveys have successfully defined two robust nickel sulphide drill targets adjacent to the well-established surface geochemical targets at Green Bananas. These findings include one discrete, strong bedrock conductor with a conductivity of up to 20,000 siemens, located immediately west of the geochemical target, and another conductor situated directly south. These targets are considered highly prospective for nickel sulphide deposits.
Zenith Minerals is currently in the process of obtaining drill permits to further explore these promising targets. This development follows the company's strategic decision to not only focus on the lithium potential of the Hayes Hill project but also to explore the nickel sulphide upside, given the project's location in a known nickel district.
In addition to the EM survey results, recent hand auger geochemical sampling at Green Bananas has yielded encouraging assay results, including peak values of 0.43% Ni, 0.44% Cu, 0.53% Co, and 203ppm Pt. These results further underscore the potential of the Hayes Hill project in hosting significant mineral deposits.
Zenith Minerals remains committed to its exploration activities, with ongoing geochemical screening to assess the lithium potential of the area. The company's dual focus on both lithium and nickel sulphide exploration reflects its strategic approach to maximizing the value and prospects of the Hayes Hill project.
Managing Director Michael Clifford said: “I am pleased to advise that complementary to our Hayes Hill lithium exploration programs, EM geophysical surveying has defined two EM conductors associated with strong surface geochemical anomalies at the Green Bananas, that are considered high priority nickel sulphide drill targets. We have commenced the process for drill permitting these compelling targets and hope to get these targets tested in the near term.”
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