News Articles for Zuleika Gold

The Bulls N' Bears ASX Runner of the Week is… Alvo Minerals, which ploughed the first-ever diamond hole into its Brazilian copper project only to pull out 13m of fat visual copper sulphides just 40 m from surface. 3D Energi struck a potential gas monster thanks to partner ConocoPhillips drilling offshore in Victoria. McLaren Minerals supersized its already huge ilmenite sands resource by 90 per cent and Zuleika Gold banked a handy $48 million litigation knockout from Catalyst Metals over its contested Plutonic gold ground.

Mark Creasy-backed Zuleika Gold and Catalyst Metals have settled a long-running dispute for about $48 million, bringing an end to the ownership tug-of-war over the Plutonic gold mine.

Mark Creasy's Zuleika Gold and subsidiaries of gold miner Catalyst Metals are braced for more legal arm wrestles after a WA Supreme Court judge called off a mid-October showdown.

The latest judgment over a technical report in the legal proceedings between Mark Creasy-backed Zuleika Gold and Catalyst Metals shows the long-running dispute is not yet over.

Catalyst Metals has hit out at Mark Creasy-backed junior Zuleika Gold, accusing it of an attempt to drum up publicity as the pair prepare to front the Supreme Court.

A long-running legal row between Zuleika Gold and Catalyst Metals over alleged damages owed to the Mark Creasy-backed junior miner will be heard in the state's highest court.

Our board moves wrap includes Mark Turner, Fong Hoon, Wade Johnson, Brian Rodan, Khomotso Mosehla, Robert [Max] Johnston, Winton Willesee, Jeff Howard, James Warburton, Sean Taylor, Alan Willis.

Our board moves wrap includes Shannon Green, Jeremy King, Michael Dontschuk, Barnaby Egerton-Warburton, Tim Goldsmith, Matthew Hansen, Emmanuel Correia, John Hebenton, Greg Entwistle, Kenneth Banks, Nicholas Johansen, Dawne Hickton, Brendan Shalders, Craig Jones, Alexander Neuling, and Michael Higginson.

Prominent investor and prospector Mark Creasy's Yandal Investments has entered into a subscription agreement with Zuleika Gold worth $3 million. While still subject to shareholder approval, the deal could see Yandal increase its voting power in Zuleika from 19.12 per cent up to 42.53 per cent after Mr Creasy's company purchased 100 million shares in the explorer back in March last year.

Our board moves wrap includes Andrew Muir, Philip Re, Stephen Carter, Paul Rennie, James Brown, Colin Noid, Joan Dabon, Loren King, Michael Higginson, and Jonathan Lea.

Zuleika Gold has wrapped up a plethora of soil-sampling surveys at its Zuleika, Goongarrie and Menzies projects in Western Australia's golden heartland. Employing CSIRO's patented “Ultrafine” assaying technique, which can detect mineralisation blanketed by transported cover, the company is looking to later this year drill-test a string of compelling anomalies that are coincident with historical workings and favourable structures. Planning is well underway.

Zuleika Gold has its drills on standby after it uncovered encouraging gold anomalies in Menzies. The finds have provided a boost for its hopes of producing the precious yellow metal in the “medium term”. The company says one anomaly is 2km long and coincides with a line of poorly-tested historical workings. It plans to complete an in-field review, with possible in-fill geochemistry, prior to drilling.

West Perth-based Zuleika Gold is itching to get the drill bit back in the ground after discovering a 3km-long gold-in-soil anomaly at one of the company's prospects along the prolific Zuleika Shear zone in the WA Goldfields. Zuleika says geochemical results from 1100 soil samples at its Zuleika project are “very encouraging” and hopes to launch a drill campaign in March.

With its Goongarrie tenements renewed for a further five years, explorer Zuleika Gold has assembled boots on ground in its hunt for gold and nickel within the company's under-explored tenure in WA's goldfields. The company has commenced a 740-sample soil geochemistry program designed to infill previous geochemical sampling and extend the coverage over the 20km-long prospective greenstone belt.

Zuleika Gold shares popped more than 16 per cent after the WA Supreme Court found in its favour in litigation the company took against fellow explorer Vango Mining and a subsidiary over a farm-in joint venture at a northern Goldfields tenement. Zuleika declared it had been “wholly successful” and flagged an imminent claim for damages.

ASX-listed explorer Zuleika Gold has hit the go button on a 73-hole, 4490m air-core drilling program across a trio of target areas within its larger Zuleika and Credo projects near Kalgoorlie in Western Australia. The company is chasing gold across a raft of structural targets and says the probe could be completed by November with results due by the end of the year.

Gold explorer Zuleika Gold has uncovered further promising results from drilling and soil geochemistry work across the company's large and highly prospective tenement package that sits less than 25km north-west of Kalgoorlie. Some of the best results include a 3m hit going 2.63 g/t gold from 13m and a 223ppb gold anomaly. Once heritage clearance has been received the company plans to kick off its next phase of air core drilling in October.

Our board moves wrap includes James Moses, Brett Smith, Mark Elliott, Paul Boyatzis, Mike Young, Grant Davey, Paul Kopejtka, James Sullivan, Michael Fischer, David McEntaggart, Jonathan Lea, Annie Guo, and Michael Higginson.

West Perth-based explorer Zuleika Gold has appointed Jonathan Lea as Managing Director, aiming to use his combination of geology and corporate experience of 35-plus years to drive the junior explorer's pursuit of opportunities. Lea's career spans gold, iron ore and base metals in open- cut and underground operations in Australia and overseas. Most recently he was Managing Director of Ozz Resources.

Zuleika Gold says promising results from campaigns at its namesake Zuleika project near Kalgoorlie in Western Australia and its nearby Credo project with joint venture partner Torian Resources have delivered a solid platform to launch its next round of drilling. In the past year the company has sunk approximately 23,000m of air core and RC drilling at the ventures and is now looking to plunge a further 20,000m.

ASX-listed explorer Zuleika Gold is set to embark on major expansionary drilling programs across its Kalgoorlie gold projects. After a significant effort in 2021, the company is gearing up to plough an additional 20,000 metres into the ground for what will ultimately be a serious 40,000m campaign over two years for the Mark Creasy backed junior.

BHP has appointed Catherine Tanna as an independent non-executive director from 4 April.

Shares in Kalgoorlie gold explorer Zuleika Gold more than doubled in intraday trading after wily WA “prospector” Mark Creasy produced a $3m cheque to back the company's gold exploration efforts near Kalgoorlie. Zuleika shares touched 4.7c after closing at 2c the day before when the market learned that the man with the Midas touch saw something he liked at Zuleika.

Zuleika Gold shares have surged 90 per cent on the back of a sizeable cornerstone investment from prominent Western Australian mining investor Mark Creasy.

Zuleika Gold has consummated a mineral rights acquisition deal with Wingstar Investments that will allow the junior explorer to gain the gold rights of two highly prospective mining leases in the revered Menzies district of Western Australia. The company says the acquisition is consistent with its broader strategic objective of consolidating its landholding at Menzies along the highly prospective greenstone contact and proximal to extensive gold deposits.

Zuleika Gold has revived its 2021 drilling program at its flagship Zuleika and Credo projects near Kalgoorlie in Western Australia, targeting a series of priority prospects with over 8,000 metres of aircore and RC drilling. The company says the campaign is aimed at following up strong scores from previous drilling where results included an 11m hit going 1.3 grams per tonne gold from 40m.

Junior exploration company, Zuleika Gold has potentially unveiled a broad gold system at its Breakaway Dam prospect near Kalgoorlie in WA with 21 air-core drill holes intersecting gold including a peak 4m at 4.3 g/t gold. A second potential new gold zone may also have been intersected at its Credo Well gold project some 25km to the west.

Zuleika Gold has continued its high-grade run of drill hits north-west of Kalgoorlie, with exploration at its Credo project notching up a string of eye-catching drill intercepts. Reverse circulation drilling over the Credo gold structure has returned results as high as 7 metres at 5.22 grams per tonne gold including 2m at an impressive 14.92 g/t gold from 89m down-hole.

Western Australia explorer Zuleika Gold has delivered a bevy of high-grade gold intercepts from its recent round of drilling at the Paradigm East discovery, north-west of Kalgoorlie. Deeper reverse circulation drilling has returned 10 metres at 2.53 grams per tonne gold from 51m and 4m at 4.93 g/t which includes an impressive 1m at 18.48 g/t from 72m down-hole.

ASX-listed Zuleika Gold is nearing the halfway mark of a major drilling campaign at projects in the historic mining camps of the Kundana and Menzies goldfields, with results set to start flowing for more than 100 aircore and reverse circulation holes at its flagship Paradigm East project just east of ASX gold major Northern Star Resources' Paradigm mine.

Aircore drilling has produced more spectacular gold assays for Zuleika Gold at its namesake project near Kalgoorlie, including a 2.13 ounces per tonne intercept over 1m at Paradigm East where the company is part way through an aggressive 2021 drilling campaign. Two parallel gold systems have been identified in a 2.5km-long structural corridor off the regionally significant Zuleika Shear Zone.

Zuleika Gold's namesake project in WA's Eastern Goldfields continues to deliver some tantalising results, with aircore drilling across the company's Paradigm East discovery outlining gold mineralisation along more than 1.8 kilometres of strike. Results from the recent drilling program include 12 metres at 3.3 grams per gold, which included 4m at 6.0 g/t gold from 72 down-hole, pointing to the deeper potential of the extensive ore system.

ASX-listed gold hopeful, Zuleika Gold has weathered disruptions due to unseasonal heavy rain and punched out 115 aircore holes for a total drilling coverage of 6,779 metres at the Paradigm East and Browns Dam prospects at its Zuleika gold project in WA. The holes are part of a recently launched 30,000m-plus aircore and RC drilling blitz at the project near Kalgoorlie.

Zuleika Gold has kicked off a 30,000-metre drilling program across its namesake project in the fertile Eastern Goldfields in WA. First cab off the rank for the company is the Paradigm East target where previous drilling has returned a wealth of mineralised intercepts including 27 metres at 2.87 grams per tonne gold from 33m and 7m at 9.8 g/t gold from 42m down-hole.

With more than 20 million ounces of historical gold production, the Zuleika Shear west of Kalgoorlie is tiger country and Dampier Gold would appear to have the tiger by the tail. The company is about to plough 30,000m of targeted air core and RC holes into its gaggle of gold projects around the Goldfields region that are headlined by the Zuleika gold project.

Dampier Gold has backed up previous exploration success at its Credo project, revealing the results of a comprehensive soil sampling program which has delineated a “high-grade”, north-west trending gold corridor cross-cutting the company's tenure and already hosting two high-grade gold resources. The company looks well placed to continue its run of success in the Eastern Goldfields of WA when drilling kicks off again in the coming weeks.

Dampier Gold is set to hit the ground running in 2021 with planning underway for 30,000 metres of drilling across its Eastern Goldfields projects in WA. The aspiring miner has enjoyed a feast of success through 2020 and having recently topped up its coffers to the tune of $6 million, is champing at the bit to get back on the ground and kick up some dust.

Dampier Gold has locked in a $6 million capital raise to fund its ongoing exploration program in WA's Eastern Goldfields. The company's placement was oversubscribed and well supported by both institutional and strategic investors, with the funding ear-marked to expedite exploration across its Zuleika Shear projects, including more than 8,000m of aircore drilling planned for early 2021.

Dampier Gold looks set to launch into a second phase of a geochemical targeting program across its Credo Well joint venture north of Kalgoorlie in the Eastern Goldfields of WA. Drilling and sampling across the priority gold target has already defined more than 86,500 tonnes of potentially open pitable resources grading a very healthy 4.41 grams per tonne gold.

Dampier Gold is zeroing in on a rash of gold targets at Menzies with recent auger drilling uncovering extensive surface anomalism adjacent to the historic mining centre in WA. Wide spaced sampling in the southern tenement area has begun to outline an anomaly that extends over more than 8km of strike and has returned values of up to 70ppb gold.