Zenith pushes Queensland gold system beyond 700m depth

Zenith Minerals announced significant progress at its Red Mountain gold project in Queensland after deep diamond drilling reached over 700 meters. The recent holes extended the mineralized corridor by 350 meters, revealing a best intercept of 333 meters grading 0.27 grams per tonne gold. The company plans a 3000-meter drilling program to further explore higher-grade targets.

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Summary by Glance · Original reporting by The Age