- Zuleika Gold (ZAG) announces more high-grade results from the Paradigm East prospect in Western Australia
- The company drilled 11 holes to target an extensive east-west mineralised structure
- Results include grades of up to 18.48g/t gold and have continued to strengthen high-grade mineralisation over the 1.8-kilometre strike
- Zuleika plans to conduct a follow-up program to test further along strike and for mineralisation continuity at depth
- Company shares ended the day 6.25 per cent in the red to close at 3 cents
Zuleika Gold (ZAG) has announced some more high-grade results from the Paradigm East prospect in Western Australia.
The Paradigm East prospect is part of the Zuleika Gold Project which Zuleika holds a 75 per cent interest in through a joint venture with Torian Resources (TNR).
The company drilled 11 holes which targeted the 1.8-kilometre-long east-west mineralised structure.
Best results include four metres at 4.93 grams of gold per tonne (g/t) from 71 metres, including one metre at 18.48g/t gold from 72 metres, 10 metres at 2.53 g/t gold from 51 metres including six metres at 3.7g/t gold from 52 metres.
These significant results continue to strengthen the high-grade mineralisation over the 1.8-kilometre strike.
Zuleika Gold Managing Director Annie Guo commented on the drilling results.
“The results confirm that we are in part of a gold mineralised corridor which extends from Evolution’s Paradigm Mine into Zuleika Gold’s Paradigm East tenements over 2.5-kilometre strike,” she said.
“The high-grade results received from the 11 new drill holes beneath the supergene zones demonstrated a continuity of gold mineralisation at depth in the primary zone.”
The company is planning a follow-up program to test further along strike and to test for mineralisation continuity at depth.
Company shares ended the day 6.25 per cent in the red to close at 3 cents.