Zenith Minerals

Zenith Minerals Limited (ASX:ZNC) is an Australian-focused mineral exploration and development company advancing a portfolio of high-quality gold and battery metals projects in Western Australia and Queensland. Our flagship Consolidated Dulcie Gold Project (WA) is rapidly emerging as the largest gold development opportunity in the Forrestania belt, underpinned by a current JORC Inferred Resource of 302koz and an Exploration Target of 0.3–0.8Moz. A fully funded RC drilling program is underway, designed to grow resources and accelerate pathways to production in a record gold price environment. In Queensland, our Red Mountain Project is being advanced as a Tier-1 gold and critical minerals discovery target, with CEI government-supported diamond drilling testing a Mt Wright-style intrusion-related gold system with significant gold, copper and molybdenum potential. Beyond gold, Zenith also holds two strategically located lithium projects in WA: Rio Lithium (Split Rocks): 11.9Mt @ 0.72% Li₂O Inferred Resource, located near the Mt Holland lithium mine. Waratah Well: Pegmatite-hosted lithium with strong infrastructure access. Zenith further maintains 25% free-carried exposure to the Earaheedy Zinc JV with Rumble Resources, where a 94Mt Zn-Pb-Ag Inferred Resource continues to grow. With a diversified portfolio, strong funding position (~A$3.5m raised in July 2025), and a board and management team with deep industry experience, Zenith is positioned to deliver shareholder value through: Rapid growth of its WA and QLD gold assets. Strategic exposure to lithium and base metals aligned with the global energy transition. Operating to the highest ESG standards, ensuring value creation for shareholders, employees, and the communities in which we operate. Zenith Minerals is going for gold, backed by battery metals – delivering projects that matter for today’s market and tomorrow’s energy needs.