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Tag: Snook

Copper gleam in Zenith eyes as exploration accelerates

Written by dev on . Posted in All News, Copper, Energy, Exploration, Gold, Processing / Manufacturing.

Zenith Minerals executive chairman Peter Bird has described copper as the most underfunded input commodity in the green energy supply chain as the company steps up exploration at Develin Creek and Flanagans.

Outlining the work planned in coming weeks at the company's Queensland copper assets, Mr Bird highlighted the favourable supply-demand balance for red metal producers.

"Consumption has been growing at a compound level of approximately 2 per cent per annum for a number of years," he said.

“Copper is also the 'absolute green energy metal' and is projected to. . .

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Copper-zinc rich massive sulphides intersection at CQ prospect

Written by dev on . Posted in All News, Copper, Exploration, Gold, Processing / Manufacturing.

Drilling at Zenith Mineral's Snook prospect in Central Queensland has intersected copper rich sulphides.

The maiden seven-hole drill program is part of the company's Develin Creek volcanic hosted massive sulphide system (VMS) project.

The Snook prospect contained similar levels of copper, zinc, lead, silver and gold to those in Zenith's existing JORC resource inventory 30km to the north said CEO Mick Clifford.

"VMS deposits commonly have very high in-ground values and generally occur in clusters," said Mr Clifford.

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Zenith kicks off Snook drilling campaign

Written by dev on . Posted in All News, Copper, Exploration, Gold.

Zenith Minerals has started maiden RC drill testing at the Snook copper prospect in Central Queensland.

The target is part of its Develin Creek copper-zinc project, which has an inferred mineral resource 2.57 million tonnes at 1.76 per cent copper, 2.01 per cent zinc, 0.24g/t gold and 9.6g/t silver.

Zenith said an initial program of six RC holes would be completed at Snook, with the deeper holes being cased for future downhole electromagnetic (EM) geophysical surveying.

"We have been systematically assessing the Develin Creek project for additional volcanogenic massive sulphide (VMS) deposits. . .

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Snook results prompt Zenith plan for drill testing

Written by dev on . Posted in All News, Copper, Exploration, Gold.

Surface exploration has defined a strong drilling target at the Snook copper prospect within Zenith Minerals’ Develin Creek project in Central Queensland.

Permitting has commenced for drill testing, with drilling planned within the next three months once the drill rig working at the company's Red Mountain gold project is released.

Zenith says surface element metal concentrations at Snook appear similar to those found in surface gossans located above its existing volcanogenic massive sulphide (VMS. . .

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Rock reveals promise in Zenith’s new Snook prospect

Written by dev on . Posted in All News, Copper, Exploration, Gold.

Sampling at Zenith Minerals' new Snook prospect has returned highly encouraging base metal and gold values, up to 7.58 per cent copper and 0.48 g/t gold.

The new copper prospect was identified 30km south of Zenith’s current JORC resources at the Develin Creek copper-zinc-gold project, west of Rockhampton.

Initial geological reconnaissance mapping and soil sampling has outlined a 25m wide zone of gossanous sedimentary (bleached and sheared) rocks over 150m of strike.

In addition to the copper and gold, the initial single rock sample returned results 7.8g/t silver, 123ppm bismuth, 46ppm molybdenum. . .

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