(MENAFN- ProactiveInvestors)
() has been granted a trading halt pending details of drilling results for the Develin Creek copper-zinc-gold-silver project located in Queensland (51% owned right to acquire 100% from ).
Zenith's shares are currently in pre-open.
Last month the company commenced drilling at Develin Creek targeting resource extensions.
This included a 10 to 15 hole program.
An upgrade of the current JORC 2012 resource is nearing completion incorporating recent drilling results such as: 13.2 metres at 3.3% copper 4.0% zinc and 0.4g/t gold.
The halt will remain in place until the opening of trade on Wednesday 26th November 2014 or earlier if an announcement is made to the market.
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