Exploration updates – Zenith Minerals and Carnaby Resources

Zenith minerals has released an update of Drilling program at the Develin Creek project in Central Queensland. An initial program of 3 diamond drill holes confirms high-grade copper and zinc zones with associated gold and silver in massive sulphides. Results include: ZDCDD002 - 29m @ 2.3% Cu, 1.2% Zn, 0.3 g/t Au & 4.2 g/t Ag incl. 12.3m @ 4.2% Cu, 2.5% Zn, 0.6 g/t Au & 7.3 g/t Ag ZDCDD003 - 34m @ 2.0% Cu, 1.5% Zn, 0.2 g/t Au & 4.9 g/t Ag incl. 10m @ 3.9% Cu, 0.4% Zn, 0.3 g/t Au & 6.9 g/t Ag Related: Develin drilling program gives it up for Zenith Minerals ZDCDD002 - 29m @ 2.3% Cu, 1.2% Zn, 0.3 g/t Au & 4.2 g/t Ag incl. 12.3m @ 4.2% Cu, 2.5% Zn, 0.6 g/t Au & 7.3 g/t Ag ZDCDD003 - 34m @ 2.0% Cu, 1.5% Zn, 0.2 g/t Au & 4.9 g/t Ag incl. 10m @ 3.9% Cu, 0.4% Zn, 0.3 g/t Au & 6.9 g/t Ag A larger scale drill program is now being compiled and priced. The program will have key aims of infill drilling the high-grade copper zones at the Sulphide City resource area as well as testing the four high-quality near resource and four high conviction regional targets outlined in the recent ASX release dated 28-Jun-21. Click here for more Good results also coming from North West Queensland where Carnaby Resources has reported drilling results from the Greater Duchess Copper Project. The Greater Duchess project is centred around the historical Duchess copper mining district and lies just south of Hammer Metals’ Trafalgar copper-gold discovery. Drilling at the Nil Desperandum deposit has revelaed: Drill results have been received for all intervals in the previously partially reported NLRC017 intersection resulting in the following intercept; NLRC017 18m @ 0.5% copper from 160m including 4m @ 1.6% copper from 174m and 87m @ 0.9% copper from 190m including 56m @ 1.1% copper from 221m including 30m @ 1.8% copper, 0.3 g/t gold from 242m and including 9m @ 3.1% copper, 0.4 g/t gold from 268m including 3m @ 8.1% copper, 0.9 g/t gold from 268m Drill results from step out hole NLRC024 show the broad zones of copper-gold mineralisation are continuous and getting wider at depth, intersecting 53m @ 0.5% copper including 8m @ 1.3% copper in the hangingwall zone and ending in 0.4% copper at the interpreted start of the high grade footwall zone. Diamond tail extension of NLRC024 will commence late this week targeting the high grade footwall zone. Related: 'Outstanding' copper-gold results for Carnaby The Nil Desperandum prospect is described as a standout copper-gold target not drilled since the 2007 Global Financial Crisis. The results from Nil Desperandum were getting bigger and better at depth,” said Managing Director Rob Watkins. “We are starting to see a scale of mineralisation not previously identified,” Mr Watkins said. “Diamond drilling will commence late this week as well as additional RC drilling in a second phase drill program at the rapidly emerging Greater Duchess Copper Project” Click here for more

Exploration updates – Zenith Minerals and Carnaby Resources

Industry Queensland

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