Red Mountain Gold-Silver Project QLD (ZNC 100%)
  • Geophysical survey results provide strong support for gold target at the Red Mountain project in QLD (ZNC ASX Release 25 Oct 2019);
  • IP chargeability anomaly (likely to be associated with disseminated sulphides and/or clay alteration) occurs adjacent to zones of high-grade gold in previously announced surface results, including:
    • High-grade gold in soils up to 2210 ppb Au (2.2g/t Au), with supporting results of 1600ppb Au, 550ppb Au and 320ppb Au;
    • Gold and silver in rock sample results up to 2.01 g/t Au and 114 g/t Ag;
  • Based on mapping, sampling and geophysical surveying it appears that gold mineralisation is focused on the margins of a previously unrecognized felsic volcanic breccia system; and
  • Infill soil sampling has now been completed over the high-grade western anomaly; results expected in November 2019.
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Red Mountain Soil and Rock Results with Geological Outlines over IP Chargeability Image