- 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.
Red Mountain Soil and Rock Results with Geological Outlines over IP Chargeability Image