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Zenith Minerals Launches Deep Drilling at Red Mountain: Could a Major Gold-Copper System Emerge?
8:43pm on Friday 29th of August, 2025 AEST
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Mining
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Zenith Minerals Launches Deep Drilling at Red Mountain: Could a Major Gold-Copper System Emerge?
8:43pm on Friday 29th of August, 2025 AEST
Key Points
3,000 metres of deep diamond drilling underway at Red Mountain
Targets Mt Wright-style intrusion-related gold system and porphyry copper system
Drilling partially funded by A$275,000 Queensland Government grant
Metallurgical tests show high gold recoveries, supporting economic viability
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