Zenith Energy Ltd. is advancing a maiden JORC resource for the Consolidated Dulcie gold project in Western Australia, with feasibility studies under way and toll-treatment options being considered to support early cash flow.

Zenith Minerals is nearing a maiden JORC-compliant resource estimate for the broader Dulcie corridor, backed by final drill assays that reinforce scale, continuity, and grade for resource definition.

Current results at Dulcie Far North show an inferred resource of about 302,000 ounces at 1.15 g/t, with standout intercepts including 11 meters at 3.53 g/t (66 m) and 3 meters at 7.4 g/t (71 m); January delivered even higher-grade hits such as 3 meters at 22.67 g/t (101 m).

Notable recent drill intercepts include 11 meters at 3.53 g/t from 66 meters (including 6 meters at 6.21 g/t) and 3 meters at 7.4 g/t from 71 meters, with January’s highlight of 3 meters at 22.67 g/t (including 1 meter at 56.76 g/t from 101 meters) at DFN.

Red Mountain in Queensland has diamond drilling confirming a large intrusion-related gold system with long intercepts and favorable recoveries, while Auburn shows surface-grade potential from soil and grab samples.

Dulcie benefits from granted mining leases and nearby infrastructure in the Southern Cross region, with early-stage feasibility evaluating staged open-pit development and toll-treatment or ore sales to leverage proximity to Marvel Loch and Edna May for processing.

Dulcie leverages existing licenses and infrastructure and is exploring toll-treating and staged open-pit options, aided by proximity to processing hubs such as Marvel Loch and Edna May.

The broader Dulcie system shows broad, repeatable mineralisation around high-grade spikes, supporting open-pit potential and potential scale expansion beyond the initial target envelope.

A 12,621-meter RC drilling program across a six-kilometre corridor supports an exploration target of 10–24 million tonnes at 0.9–1.1 g/t gold, potentially translating to 300,000–800,000 ounces when added to the existing resource.

The RC program underpins an exploration target of 10–24 million tonnes at 0.9–1.1 g/t, which could add 300,000–800,000 ounces to the current 302,000-ounce inferred resource at Dulcie Far North, with results integrated into the broader resource base.

Zenith’s strategy centers on three pillars: generate near-term cash flow from Dulcie, advance Red Mountain toward a company-making asset, and maintain long-term exploration upside at Auburn, while lithium interests at Split Rocks and Waratah Well provide optionality.

The three-pronged plan aims to monetize Dulcie for near-term cash flow, push Red Mountain as a major asset, and preserve Auburn’s exploration potential, with lithium plays kept as a secondary option.