ZNC Red Mountain Gold Project (QLD) - Update

o New high-grade gold in soils up to 2210 ppb Au (2.2g/t Au), with supporting results of 550ppb Au and 320ppb Au confirm previous high-grade soil sample that returned 1600 ppb Au (1.6 g/t Au); o New gold in rock sample results up to 1.6 g/t Au and 18.9 g/t Ag (silver). • Detailed geological mapping by Zenith has outlined a previously unknown felsic volcanic breccia complex. Based on the recent map