Dulcie Far North
Gold Project (100% )
The Dulcie Far North (DFN) Project, part of the 100%-owned Split Rocks tenement package, is located 400 km east of Perth and 80 km south of Southern Cross in the Southern Cross-Forrestania Greenstone Belt of Western Australia. This well-endowed gold province is nestled between the Bounty Gold Mine (SQM/Wesfarmers) to the south and the Marvel Loch gold mine, which hosts the Barto Gold processing plant, to the north. The project benefits from excellent access to infrastructure, being situated on a sealed road leading directly past the Barto Plant.
Highlights of Dulcie Far North:
- Significant Resource Growth: The updated Inferred Mineral Resource estimate, announced on 12th December 2024, demonstrates a 40% increase in contained gold. DFN now hosts 5.1 million tonnes at 1.3 g/t Au for 210,000 ounces of contained gold (ASX Release: 12 Dec 2024).
- Exceptional Drilling Results: Successive exploration campaigns have intersected impressive grades, such as:
- 41m @ 0.30 g/t Au, including 1m @ 3.47 g/t (SRRC026)
- 55m @ 0.32 g/t Au, including 2m @ 3.04 g/t (SRRC027)
- 27m @ 0.41 g/t Au, including 1m @ 3.12 g/t (SRRC034)
- 31m @ 0.72 g/t Au, including 4m @ 4.58 g/t (SRRC035) (ASX Releases: 28 Oct & 28 Nov 2024)
- Geological Advantage: DFN hosts six stacked, shallow-to-moderately dipping gold-bearing lodes over a 7 km strike length along the Dulcie Gold Trend. These lodes are structurally controlled within deeply weathered Archaean bedrock, comprising amphibolites and banded iron formations (BIF).
- Strong Upside Potential: New footwall lodes, highlighted by recent Reverse Circulation (RC) drilling, provide opportunities for resource expansion through targeted follow-up programs.
Strategic Acquisition and Rights
Zenith acquired the Dulcie Far North Mining Lease (M77/1292) in January 2023, securing 100% of gold rights below 6 metres and all other mineral rights, including lithium, from surface. This strategic acquisition strengthens Zenith’s position within the Southern Cross Greenstone Belt, a region renowned for its high-grade gold deposits.
Next Steps:
Zenith Minerals is committed to advancing DFN by:
- Drilling Programs: Additional exploration will focus on extending known mineralisation and defining newly identified footwall lodes.
- Resource Upgrade: Tighter infill drilling is planned to support an upgrade to Indicated classification, laying the groundwork for future development.
Explore further details in our ASX Market Release (ASX: ZNC, 12 Dec 2024) and discover how Dulcie Far North is contributing to Zenith’s vision of delivering exceptional value through sustainable exploration.

Figure 1: Split Rocks Gold Project and Dulcie Far North regional location and geology

Figure 2: Cross section A-A’ from Figure 9 (+/- 25m) indicating significant (>0.3 g/t Au) mineralisation encountered in SRRC035 at the eastern extent of the project area. Excellent potential is seen for multiple stacked footwall lodes to be encountered with further drilling planned along strike N-S