Paradigm East Deposit Hosts 12,600 Ounces at 1.36 g/t Gold – Zuleika Gold

Zuleika Gold Limited has announced its first inferred mineral resource estimate for the Paradigm East deposit, marking a key milestone in its Kalgoorlie-area gold projects. Combined with the Credo Well resource, the company now holds over 35,000 ounces of gold resources as it advances mining lease applications and plans further drilling.

  • Maiden inferred resource of 12,600 ounces at Paradigm East
  • Resource grade of 1.36 g/t gold over 288,000 tonnes at 0.5 g/t cutoff
  • Combined Credo Well and Paradigm East resources total 35,200 ounces
  • Mining lease application underway with plans for further drilling
  • Deposit suitable for open pit mining near existing processing facilities
An image related to ZULEIKA GOLD LIMITED
Image source middle. ©

A New Chapter for Zuleika Gold

Zuleika Gold Limited (ASX – ZAG) has taken a significant step forward in its exploration and development journey with the release of a maiden inferred mineral resource estimate for its Paradigm East gold deposit in Western Australia. The deposit, part of the broader Zuleika Project located roughly 60 kilometres northwest of Kalgoorlie, now boasts an inferred resource of 12,600 ounces of gold at a grade of 1.36 grams per tonne, based on 288,000 tonnes of ore at a 0.5 g/t cutoff.

Context Within the Kalgoorlie Goldfields

Paradigm East sits within a prolific structural corridor that extends 2.5 kilometres east-west, hosting several known gold deposits including the nearby Paradigm Gold Mine. The mineralisation is orogenic in nature, hosted within sheared and faulted mafic and volcaniclastic sediments, typical of the world-class Kalgoorlie-Kundana-Menzies goldfields. This geological setting underpins the deposit’s potential for economic extraction.

Resource Details and Methodology

The resource estimate, prepared by Ashmore Advisory Pty Ltd and compliant with the JORC Code 2012 standards, is based on quality reverse circulation and diamond drilling data collected since 2020. Drilling extends to a maximum depth of 168 metres, with mineralisation modelled to about 100 metres below surface. The inferred classification reflects the current drill spacing and continuity assumptions, with further infill drilling planned to upgrade resource confidence.

Combined Resources and Development Plans

When combined with the Credo Well project, Zuleika Gold’s total inferred and indicated resources now stand at 35,200 ounces of gold from 577,000 tonnes at an average grade of 1.90 g/t. The company is actively progressing mining lease applications and is planning additional resource development drilling in 2026. Executive Chair Annie Guo highlighted the importance of these milestones, signalling optimism about expanding the resource base and securing ore treatment arrangements with local processing facilities.

Mining and Metallurgical Outlook

The Paradigm East deposit’s shallow depth and reasonable grade make it amenable to open pit mining methods. While metallurgical test work is yet to be conducted, Zuleika Gold has assumed a 90% recovery rate benchmarked against nearby operations. Early-stage economic assessments suggest potential viability, but detailed mining and metallurgical studies remain necessary to confirm this outlook.

Looking Ahead

With a maiden resource now established and further drilling and permitting underway, Zuleika Gold is positioning itself to unlock the value of its Kalgoorlie-area assets. The company’s focus on resource growth and advancing mining lease approvals will be critical to watch as it seeks to translate exploration success into production potential.

Bottom Line?

Zuleika Gold’s maiden Paradigm East resource sets the stage for growth, but drilling and permitting will be key to unlocking its full potential.

Questions in the middle?

  • How will upcoming drilling campaigns impact resource classification and size?
  • What are the timelines and hurdles for securing mining leases and processing agreements?
  • When will metallurgical test work be completed to validate recovery assumptions?