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Zuleika Gold (ASX:ZAG) - Managing Director, Annie Guo
Managing Director, Annie Guo
Source: 6PR
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  • 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.

ZAG by the numbers
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