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Zenith Minerals extends focus to cobalt at Split Rocks project

New mineralisation is identified in a review of previous exploration.
Table of elements
Zenith reached a 12-month high of $0.20 in morning trade

Zenith Minerals Ltd (ASX:ZNC) has extended its focus on lithium and gold to include cobalt at the Spilt Rocks project in Western Australia.

The company is planning a near-term exploration program to define the full extent and grade of cobalt-nickel mineralisation at the Dulcie prospect.

This will include drill testing, which is expected to begin in the early part of 2018.

Review reveals cobalt intersections

The mineralisation was revealed during an ongoing review of previous exploration on Zenith’s recently granted Split Rocks project.

Drilling by Forrestania Gold in 1998 returned strong cobalt and nickel intersections.

Best of these historical drill results was 22 metres at 0.06% cobalt and 0.7% nickel from 18 metres, including 8 metres at 0.12% cobalt and 0.96% nickel.

Other results were 21 metres at 0.06% cobalt and 0.49% nickel from 25 metres, including 5 metres at 0.13% cobalt and 1.78% nickel; and 15 metres at 0.06% cobalt and 0.54% nickel from 32 metres.

Ongoing lithium exploration

Zenith began exploration of the Split Rocks project in 2017 with ongoing programs focusing on the lithium and gold potential.

First pass surface samples covering less than 10% of the company’s tenements have defined three large, coherent zones of anomalous lithium.

These surround granite bodies that may be potential source rocks for lithium-bearing pegmatites.

As the lithium soil anomalies remain open ended in the north and central targets, additional extension and infill sampling will be completed in early 2018 before drill testing.

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