Proactive - Interviews for investors

Zenith Minerals continue to expand gold resources

Episode Summary

Zenith Minerals (ASX:ZNC) managing director Andrew Smith talked with Proactive’s Tylah Tully about the company's ongoing efforts to expand its gold resources and outline its unique investor appeal. The company is focused on advancing its flagship projects, including Dulcie Far North in Western Australia and Red Mountain in Queensland. According to Smith, these projects hold significant growth potential, especially as the company aims to achieve a 600,000–700,000-ounce target from Dulcie Far North through organic growth, new drilling and potential asset acquisitions. Smith highlighted the recent drilling efforts, including a 17-hole program aimed at expanding and confirming the inferred resources at Dolce Far North. While final data from the program is still pending, early results appear promising. He encouraged stakeholders to "watch this space for an announcement soon”. Moving forward, Zenith is continuing work on the Red Mountain project, which has already shown significant potential and could evolve into a larger-scale operation. This year, the company plans a 20-hole drilling program there, aiming to explore the system’s potential despite the associated risk. In discussing Zenith’s investor case, Smith emphasised the company’s low current valuation, which he views as an attractive entry point for potential investors. "We have a big pipeline of exploration work ahead of us," he stated, adding that Zenith’s portfolio covers both early-stage gold exploration and longer-term interests in lithium. #ProactiveInvestors #ZenithMinerals #ASX #GoldExploration #DolceFarNorth #RedMountainProject #MiningInvesting #AndrewSmith #ProactiveInvestors #GoldResources #LithiumProjects #InvestorUpdates