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ZODIAC GOLD (ZAUIF) Stock News, Apr-Jun 2024

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Zodiac Gold has completed a satellite data interpretation study for the Alasala target at its Todi Gold Project in West Africa. The study, conducted by ACA Howe, enhances understanding of the geological setting and reveals potential high-grade gold mineralization controls. Key findings include a 2 km mineralized trend, cross-cutting structures, and rock chip samples with up to 33 g/t Au. The drilling program is set to commence in two weeks. Additionally, Zodiac Gold has engaged Peak Investor Marketing Corp. for a six-month marketing and PR strategy to boost market awareness.

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Zodiac Gold has completed its Pre-Drilling Surface Mapping and Sampling Program at the Alasala target, part of the Todi Project in Liberia. Key results include rock-chip samples of 33 g/t Au and 32.3 g/t Au. The program aimed to compile surface data and confirm the geology for upcoming diamond drilling. Previously, highlights from the Alasala target included drilling results of 19.6m at 6.17 g/t Au and rock chip samples up to 107 g/t Au. The recent program collected 17 rock-chip and 59 channel samples, indicating significant potential for a large orogenic gold system. Zodiac Gold plans to use these findings to design its next drilling campaign at Alasala.

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Zodiac Gold Inc. (TSXV: ZAU), a West-African gold exploration company, has initiated a detailed pre-drilling surface mapping and sampling program at its Alasala target in Liberia. The program aims to gather important geological and mineralization data to design a future drill program. Alasala boasts a well-defined 2.0 km long mineralization trend with high-grade intercepts, visible gold, and historic data, indicating significant gold potential. The company's president, David Kol, is optimistic about the program's potential for discovering additional gold resources.

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Zodiac Gold Inc. reports additional gold mineralization at the Arthington target, extending the strike length to 2.4 km with high-grade intercepts of up to 8.98 g/t Au. The Phase II Drill Program confirms the expansion of mineralization, showcasing the potential for a significant mineral resource at the Todi Project. Notable drilling highlights include multiple mineralized zones and significant grades of gold. The Company is planning a Phase III drilling initiative and a geophysical survey program to further explore the area.

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FAQ

What is the current stock price of ZODIAC GOLD (ZAUIF)?

ZODIAC GOLD (ZAUIF) last closed at $0.2328.

What is the market cap of ZODIAC GOLD (ZAUIF)?

The market cap of ZODIAC GOLD (ZAUIF) is approximately $43.0M.