| Announcement Date: | 2022-11-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Zenith Minerals Ltd. |
| Project name: | Split Rocks |
| Location: | Australia |
| Commodities: | Tin |
| Highlight: | Drilling results incl. 26m at 1.2% Li2O, 230ppm Sn from 173m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Zenith Minerals Limited (ASX:ZNC) (“Zenith” or “the Company”) is pleased to announce that diamond core drilling in a 200m step-out hole confirms thick high-grade lithium mineralisation at the Split Rocks project in Western Australia. In addition, deeper core drilling shows that pegmatite extends or repeats, by up to a further 100m, below many RC holes. The Split Rocks project is part of the Zenith Lithium Joint Venture with EV Metals Group. Core Drilling Delivers Wide High-Grade Lithium and Confirms Pegmatite Extends to Depth The first diamond core assays have now been received from an ongoing drilling campaign at the Rio Pegmatite part of the 600km2 Split Rocks Project located in Western Australia (Figures 1 and 2). These lithium results over two intervals total 49m in thickness. Mineralisation is a 200m step out to the south and 200m east of previously reported mineralised holes ZVRC037 (25m @ 0.7% Li2O, incl. 5m @ 1.1% Li2O & 3m @ 1.1% Li2O & 2m @ 1.2% Li2O) and ZVRC040 (ZVRC040 – 12m @ 0.6% Li2O, incl. 4m @ 1.2% Li2O) (Figures 3 – 5). Diamond drilling also confirms that pegmatite continues |
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