Progressive assay results from the RC program will help determine if the shallow zones can expand outward, potentially revealing an extensive mineralized system extending beyond the current 500 meters depth, which could lead to significant high-grade zones.

Past shallow RC drilling at Red Mountain has also produced notable results, including 13 meters at 8.0 g/t gold from surface and 5 meters at 10.4 g/t, indicating consistent high-grade mineralization and positive metallurgy.

Both Red Mountain and Dulcie projects are allocated approximately $3 million for six months of aggressive exploration activity, supported by rising gold prices exceeding US$4,000 per ounce.

Zenith Minerals has reported promising initial drilling results at its Red Mountain project in Queensland, with shallow RC drilling revealing high-grade gold hits such as 13 meters at 8.0 g/t and 5 meters at 10.4 g/t, supported by metallurgical tests showing a 95.8% recovery rate via cyanide leaching.

The gold system at Red Mountain shows similarities to deposits like Mt Wright and Mt Leyshon, with indications of heating up in the western parts, where vein density and brecciation increase, potentially leading to higher-grade zones.

Recent diamond drilling at Red Mountain uncovered a potentially large intrusion-related gold system with visible gold and a significant 350-meter intersection grading 0.47 g/t gold, suggesting a substantial and open mineralized system.

Ongoing assay results aim to define the extent of the intrusion-related gold system, with the goal of discovering a high-grade core that could significantly advance the project.

A recent $7.65 million investment from Ida Metals is funding Red Mountain and other projects, including a 9,000 to 12,000-meter RC drilling campaign at Dulcie in Western Australia, targeting a resource of over 300,000 ounces of gold.

Initial assay results from recent diamond drilling confirmed the system's extension beyond 530 meters, with high-grade intercepts such as 5.57 meters at 6.32 g/t gold, indicating a large-scale mineralized system.

The Dulcie project in Western Australia is also undergoing extensive RC drilling, with plans to explore a resource grading 1.15 g/t for 302,000 ounces, based on an existing 8.2 million tonne resource.

This exploration push aligns with the favorable environment created by the rising gold price, which enhances the potential for discovery and development.

Red Mountain is situated within the Auburn Arch near other major deposits like Mt Wright and Mt Rawdon, which together host over 5 million ounces of gold, indicating strong regional exploration potential.

Final assay results from drill hole ZRMDD066 confirm the gold system extends beyond 530 meters in depth, with visible gold at depth and the deposit remaining open in all directions, highlighting its significant exploration potential.