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Zenith Minerals Prepares for Drilling and Identifies New Pegmatites at Split Rocks Lithium Project in Western Australia

Zenith Minerals Limited ("Zenith") is pleased to provide an exploration update from its 100 %-owned Split Rocks Lithium Project in Western Australia. Ongoing field operations have uncovered additional pegmatites during site reconnaissance, further demonstrating the project’s potential for lithium resource expansion.

Highlights:

  • New Pegmatite Discoveries: During recent site works, pegmatite material with visible mica content was found in historic drill piles (previously logged as quartz veins). The newly identified pegmatite is located approximately 360 meters east of the Rio JORC Inferred Lithium Resource (11.9 Mt @ 0.72 % Li2O), providing additional data on the Dolphin Pegmatite.
  • Drilling Preparations: Zenith is actively preparing for Reverse Circulation (RC) drilling at Split Rocks, with ground reconnaissance and heritage surveys underway. The campaign will focus on lithium and gold targets, which will include the Dulcie Far North gold prospect.
  • Heritage Surveys and Approvals: The Company has received a Programme of Work (POW) approval for the upcoming drilling program and is set to begin heritage surveys. Exploration at the Split Rocks Project will test six top-ranked lithium targets along the Rio Lithium Mineral Resource trend, as well as other targets.

Andrew Smith, Managing Director of Zenith Minerals, commented: “We are thrilled by the identification of these pegmatites, which expands the potential footprint of known lithium mineralisation in the Split Rocks area. This observation opens up new opportunities for additional exploration and resource growth adjacent to our existing Rio JORC Resource. With a strong pipeline of lithium and gold targets, we are well-positioned to maximise the value of our assets, particularly at our gold projects at Dulcie Far North.”

Exploration Manager, Chris Shanley, added: “These observations are of particular interest as they indicate that either the Dolphin Pegmatite is shallower than previously modelled, or would signify the presence of stacked, sub-horizontal pegmatites in the hanging wall of the currently modelled Dolphin Pegmatite. These findings give us valuable insights into the geological structure east of the Rio deposit, increasing the likelihood of expanding the known lithium-bearing zones. The additional pegmatite intersections, unrecognised in the initial logging, may present a promising opportunity for resource expansion in this key area.”

Exploration Focus:

Zenith is advancing exploration efforts at Split Rocks, with a focus on lithium and gold. The Company is targeting six key lithium prospects across a 13.5 km trend, in addition to testing the undrilled 9 km Cielo geochemical anomaly. More than 80 lithium targets have been identified at Split Rocks, providing a roadmap for future exploration.

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