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zenith minerals ltd (ZCB) Snapshot

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09/24/13 - €0.14
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zenith minerals ltd (ZCB) Details

Zenith Minerals Limited is engaged in the identification, exploration, and development of mineral properties primarily in Australia. The company principally explores for base, industrial, and precious metal deposits covering zinc, lead, manganese, silver, copper, and iron. It holds interests in the Earaheedy, Mount Alexander, and Cardinals projects located in Western Australia. The company was formerly known as Zinc Co Australia Limited and changed its name to Zenith Minerals Limited in November 2010. Zenith Minerals Limited is based in West Perth, Australia.

2 Employees
Last Reported Date: 09/17/13

zenith minerals ltd (ZCB) Top Compensated Officers

Joint Company Secretary
Total Annual Compensation: A$74.7K
Compensation as of Fiscal Year 2013.

zenith minerals ltd (ZCB) Key Developments

Zenith Minerals Limited Provides Operational Update

Zenith Minerals Limited announced two significant new project acquisitions: Acquisition of Develin Creek Copper-Zinc-Gold- Silver Massive Sulphide Project in Queensland (51% with right to acquire 100%): 1.76Mt grading 1.7% copper, 2% zinc and 0.2g/t gold total inferred resource; Results up to 13.5 metres @ 3.3% copper, 4.0% zinc and 0.4g/t gold in drilling outside existing Sulphide City resource; Recent airborne electromagnetic survey (HeliTEM) identified multiple conductors with limited ground follow-up to date along 50km of host volcanic rocks; Acquisition of Rio Tinto's Earaheedy Manganese Tenure, expands Zenith holdings to cover 130km of target manganese horizon - field work commenced; Kavaklitepe Gold Project Turkey (earning 70%) - Trenching of high order gold soil anomalies & coincident IP anomalies at Kavaklitepe planned for next quarter, subject to permitting; Mt Minnie Gold Project WA (100%) - tenure granted, field activities to proceed this quarter; Secured new exploration licence applications (100%) over two areas prospective for gold and copper in WA, respectively: SW Yilgarn - Bottleneck (previous drilling results up to 3m @ 18.8g/t gold & 4m @ 21.38g/t gold) and Nanicup Bridge up to 3m @ 10.9 g/t gold; Mt Russel - Near surface historic copper exploration results in shallow drilling.

Zenith Minerals Limited Appoints Melinda Nelmes as Joint Company Secretary

The Board of Zenith Minerals Limited announced that Melinda Nelmes has been appointed as joint Company Secretary. She was previously a Financial Group Accountant in the financial services sector and has also worked in Chartered Accounting firms, including Deloitte, in the audit and corporate services divisions.

Zenith Minerals Ltd Appoints Michael Clifford as Managing Director

The board of directors of Zenith Minerals Ltd. announced that Michael (Mick) Clifford has agreed to join the Company as Managing Director. Mick Clifford is a geologist (BSc (Hons) 1987, MSc) with over 25 years experience in the exploration industry. Mick held senior technical and business development roles and explored for most major metal commodities during a successful career with Billiton Australia, Acacia Resources and AngloGold Ashanti rising to the position of Regional Exploration Manager Australia.


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