Australia's Zenith Minerals jumps on lithium find in WA project

Zenith Minerals

28/09/2023 04:28

** Shares of Zenith Minerals Ltd  ZNC.AX  rise as much as
4.4% to A$0.095, on track for their best day since Sept 11, if
gains hold 
    ** Explorer conducts maiden mineral resource estimate for
the Rio Lithium Deposit at co's Split Rocks project in Western
Australia
    ** Co finds significant lithium grades from the resource
estimation 
    ** Says further drilling required to define the full limits
of lithium mineralisation at the project 
    ** Co's shares hit highest level since Sept 21 
    ** Zenith down ~66% this year, as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))