Australia's Zenith Minerals jumps most in over 2 months on gold find in WA

Zenith Minerals

14/12/2022 04:36

** Shares of Zenith Minerals Ltd  ZNC.AX  rise as much as
10% to A$0.275, their biggest intraday pct gain since Oct. 5
    ** Stock hits its highest level since Dec.7
    ** The battery minerals explorer says a recently completed
drill programme along the Dulcie Gold trend showed results
similar to previous high-grade gold finds
    ** "The alteration and observed thicknesses are consistent
with our earlier high-grade gold intersections," says Executive
Chair David Ledger
    ** Co says resource evaluation work scheduled for 1H23
    ** Dulcie Gold trend is within co's Split Rocks Gold Project
in Western Australia
    ** Stock is flat YTD, as of last close
 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))