New Risk • Jan 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.5m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue is less than US$1m (AU$78k revenue, or US$52k). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$41.7m market cap, or US$27.9m). New Risk • Nov 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 23% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.5m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Revenue is less than US$1m (AU$78k revenue, or US$51k). Minor Risk Market cap is less than US$100m (AU$35.1m market cap, or US$22.9m). Aankondiging • Oct 28
Zuleika Gold Limited, Annual General Meeting, Nov 27, 2025 Zuleika Gold Limited, Annual General Meeting, Nov 27, 2025. Location: ground floor 8 king park road, west perth wa 6000 Australia New Risk • Oct 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.9m (US$9.62m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.5m free cash flow). Revenue is less than US$1m (AU$78k revenue, or US$50k). Market cap is less than US$10m (AU$14.9m market cap, or US$9.62m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Reported Earnings • Oct 01
Full year 2025 earnings released: AU$0.004 loss per share (vs AU$0 in FY 2024) Full year 2025 results: AU$0.004 loss per share (further deteriorated from AU$0 in FY 2024). Net loss: AU$2.81m (down AU$3.01m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$801k free cash flow). Revenue is less than US$1m (AU$113k revenue, or US$74k). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$20.2m market cap, or US$13.2m). New Risk • Mar 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$801k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$801k free cash flow). Revenue is less than US$1m (AU$113k revenue, or US$72k). Market cap is less than US$10m (AU$9.64m market cap, or US$6.16m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Mar 18
First half 2025 earnings released: AU$0.003 loss per share (vs AU$0.001 profit in 1H 2024) First half 2025 results: AU$0.003 loss per share (down from AU$0.001 profit in 1H 2024). Net loss: AU$2.22m (down AU$2.74m from profit in 1H 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Aankondiging • Oct 02
Zuleika Gold Limited, Annual General Meeting, Nov 21, 2024 Zuleika Gold Limited, Annual General Meeting, Nov 21, 2024. Reported Earnings • Oct 01
Full year 2024 earnings released: EPS: AU$0 (vs AU$0.002 loss in FY 2023) Full year 2024 results: EPS: AU$0 (improved from AU$0.002 loss in FY 2023). Revenue: AU$1.07m (up AU$1.03m from FY 2023). Net income: AU$198.2k (up AU$1.24m from FY 2023). Profit margin: 19% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Sep 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (AU$35k revenue, or US$24k). Market cap is less than US$10m (AU$10.4m market cap, or US$7.06m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (42% increase in shares outstanding). Aankondiging • Mar 22
Zuleika Gold Limited Announces Company Secretary Changes Zuleika Gold Limited announced the appointment of Mr. Alexander J Neuling as Company Secretary, following the resignation of Mr. Michael Higginson as Company Secretary. Alex is a fellow of the institute of Chartered Secretaries and of the Institute of Chartered Accountants of England and Wales and has over 20 years corporate and financial experience, including as company secretary, CFO &/or a Director of various ASX listed companies in the Mineral Exploration, Oil & Gas, Biotech and Mining Services sectors. Prior to these roles, Alex worked at Deloitte in London and in Perth. New Risk • Mar 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Revenue is less than US$1m (AU$985k revenue, or US$652k). Market cap is less than US$10m (AU$12.5m market cap, or US$8.28m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (41% increase in shares outstanding). New Risk • Dec 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 41% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 6.5% per year over the past 5 years. Revenue is less than US$1m (AU$38k revenue, or US$26k). Minor Risks Shareholders have been diluted in the past year (41% increase in shares outstanding). Market cap is less than US$100m (AU$15.5m market cap, or US$10.3m). Aankondiging • Dec 02
Zuleika Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.999957 million. Zuleika Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.999957 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 213,034,895
Price\Range: AUD 0.014082
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 28
Zuleika Gold Limited, Annual General Meeting, Nov 28, 2023 Zuleika Gold Limited, Annual General Meeting, Nov 28, 2023, at 11:00 W. Australia Standard Time. Location: Ground Floor, 8 Kings Park Road, West Perth Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider Adoption of Remuneration Report; to consider Election of Director - Michael Higginson; to consider Re-Election of Director - Graeme Purcell; to consider Approval of 7.1A Mandate; to consider Approval to Issue Shares and Attaching Options to Related Party - Yandal Investments Pty Ltd and Resulting Increase in Yandal Investments Pty Ltd Voting Power in the Company; and to consider Renewal of Proportional Takeover Provisions in the Constitution. New Risk • Oct 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 24% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 6.5% per year over the past 5 years. Revenue is less than US$1m (AU$38k revenue, or US$25k). Market cap is less than US$10m (AU$8.89m market cap, or US$5.71m). Reported Earnings • Sep 30
Full year 2023 earnings released: AU$0.002 loss per share (vs AU$0.008 loss in FY 2022) Full year 2023 results: AU$0.002 loss per share (improved from AU$0.008 loss in FY 2022). Net loss: AU$1.05m (loss narrowed 69% from FY 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Aankondiging • Sep 01
Zuleika Gold Ltd Announces Board and Management Changes Zuleika Gold Ltd. announced the following board and management changes as it continues to evaluate new growth opportunities. Mr. Jonathan Lea retiring from the Board with immediate effect and completing a three-month notice period to ensure an orderly handover. The Board is announce the appointment of Mr. Michael Higginson as a Non-Executive Director. Mr. Higginson has a Bachelor of Business degree from the Western Australian College of Advanced Education (Edith Cowan University) in 1984, majoring in both Finance and Administration. Michael is a professional director and company secretary with extensive experience in public company administration, ASX Listing Rules, the Corporations Act, capital raisings, corporate governance, financial reporting and due diligence. Mr. Higginson has been the Company Secretary of Zuleika since 8 May 2014 and is currently a non-executive director of both SportsHero Limited (ASX: SHO) and Cape Range Limited Mr. Higginson is free from any business or other relationship that could materially interfere with, or reasonably be perceived to interfere with, the independency of his role as a Director of the Company. As a consequence of the resignation of Mr. Lea and the appointment of Mr. Higginson, the Board of the Company is as follows: Annie Guo - Executive Chair Graeme Purcell - Non-Executive Director and Exploration Manager, Michael Higginson - Non-Executive Director and Company Secretary. Aankondiging • Aug 31
Zuleika Gold Ltd Announces Mr. Jonathan Lea Resigns as Managing Director Zuleika Gold Ltd. announced that Mr. Jonathan Lea has tendered his resignation as Managing Director with immediate effect and completing a three-month notice period to ensure an orderly handover. Reported Earnings • Mar 17
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.005 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (improved from AU$0.005 loss in 1H 2022). Net loss: AU$477.3k (loss narrowed 76% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Jan 31
Zuleika Gold Limited Reports Results from Recent Exploration Activity, Including Soil Geochemistry at Zuleika North Zuleika Gold Limited reported results from recent exploration activity, including soil geochemistry at Zuleika North and Grants Patch and aircore (AC) drilling results from East Credo, Carnage North and Paradigm North. The very encouraging geochemistry results (from the Zuleika North Prospect)provide near term drill targets and validate the Company's exploration methodology of using the Ultrafine assaying technology which identifies areas of prospectivity in areas previously covered by less sensitive techniques. With heritage clearance in place for over half of the 3km gold anomaly at Zuleika North, drilling is planned once final approvals are obtained. Initial drilling is anticipated to commence in March. Given its large and highly prospective tenement package in the Kalgoorlie region, the Company continually assesses and reprioritises its activities, ensuring a systematic evaluation of project areas in the most cost-effective manner. Soil geochemical sampling, aimed at defining new drill targets, is continuing over the Goongarrie and Menzies East tenements. Aankondiging • Nov 28
Zuleika Gold Limited Announces the Commencement of A 740 Sample Soil Geochemistry Program At Goongarrie Project, 90 Km North of Kalgoorlie Zuleika Gold Limited announced the commencement of a 740 sample soil geochemistry program at the Company's Goongarrie Project, 90 km north of Kalgoorlie (Project). The program will infill previous geochemical sampling completed by Zuleika and will extend the coverage over the Project's prospective greenstone lithologies associated with the Wongi Hills Syncline and regional shearing. Multi-element assaying will be used to test for both anomalous metal concentrations and in determination of lithologies. The Goongarrie Project tenements (E29/1051 and E29/1010) are located ~90km north of Kalgoorlie and 20km west of the Goldfields Highway. Access is via the highway and well-made secondary roads and station tracks. The tenements cover over 230 km2 of the northern section of the Wongi Hills Greenstone Belt, which extends 50 km north northwest from the mining centre at Siberia. Zuleika is earning an 80% interest in both tenements with separate parties. The geology is dominated by a south-plunging synclinal structure of mafic and ultramafic rocks with minor felsic rocks and narrow bands of metasediments enclosed by granites. The sequence has been intruded by fine-grained felsic porphyry dykes and quartz veins. Structural interpretation suggests significant faulting parallel to the fold axes - being potential pathways for mineralising fluids. Existing soil geochemistry data coupled with the favorable geology and structural preparation enhance the possibility of the presence of gold and nickel mineralisation. Transported sand cover overlies a sizeable portion of the tenements, particularly over the granite lithologies with thickly vegetated basaltic hills separated by more open undulating terrain of residual soils increasing over the greenstone lithologies. On E29/1051, an ovoid granite or felsic intrusive is encased by the greenstone providing another potential structural focus for mineralising fluids. The northern extension of the Wongi Greenstone Belt lies between the nearby and richly endowed greenstone belts containing the Goongarrie and Davyhurst mining centres to the east and west and along strike to the north from the Siberia mining centre in the same belt of rocks. A considerable number of nickel occurrences are also located in the district. There is no geological reason apart from the lack of previous exploration that gold mineralisation will not be found in the 20 strike kilometres at the north end of this greenstone belt. Earlier prospectors have excavated shallow pits on sulphide-bearing quartz veins within E29/1010. Modern exploration in the area focussed initially on the lateritic and sulphide bearing nickel exploration with gold exploration commencing in the 1980's. Julia Mines Annual Report (WAMEX Report No. A21553) mentions that prospectors obtained gold "colours" from ~30% of the samples from trenches whilst mapping in 1985, with results from these samples returning a maximum assay of 0.16 g/t Au. Mapping, rock chip sampling and geochemical soil sampling have been completed by other companies in the past 30 years. No drilling is recorded on either tenement. Shallow RC drilling immediately to the south of the tenement targeted nickel laterite that returned anomalous nickel assays within the komatiite unit. The most significant geochemical sampling program on the E29/1010 was undertaken by Rumble Resources Limited from 2011 2015, completing a series of wide spaced soil traverses over the tenement targeting both nickel and gold, resulting in the identification of anomalies (WAMEX Report No.s A97629 and A107824). East-west trending lines were spaced at 400m to 800m intervals north- south, with samples 100m apart. Two significant +250ppm nickel in soil anomalies, were identified, one on the western side of the tenure, the other in the south-eastern corner. Both anomalies continue outside of E29/1010. The anomaly on the western side of the tenure strikes ~8km and contains 36 samples greater than 250ppm Ni. The anomaly continues for another 4km north of the tenement boundary into E29/1051. The sampling does not cover the breadth of the prospective geology. The anomaly on the south-eastern side of the tenure strikes over 1.8km and contains 6 samples greater than 250ppm nickel. This anomaly continues to the south and is defined by the shallow RC drilling mentioned previously and coincides with the komatiites of the Walter Williams Formation. This Rumble sampling also defined several strong +10ppb Au soil anomalies on the western side of the Project. These anomalies correlate with structures mapped by Geological Survey Western Australia and are coincident with the western nickel soil anomaly. These anomalous gold values continue northward onto E29/1051 as defined by three phases auger soil sampling programs completed by Zuleika in 2020-21. An approximately 10km long gold in soil zone of anomalism is defined over the two tenements. The gold and nickel anomalies, defined largely by widely spaced samples, require further definition prior to drill testing. No surface sampling or drilling has been conducted along the axial plane of the Wongi Syncline, on either tenement, which is a potential target for gold mineralisation. In addition, extraordinarily little work has been conducted along the granite-greenstone contacts. Following receipt of the soil sampling assay results, Zuleika expects that areas of compelling anomalism will be evident, and drilling will be justified at priority targets. Assuming drilling approvals will be obtained in Q1, 2023, drill testing of targets is expected in Quarter 2 or 3 of that year. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. MD & Director Jon Lea was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 25
Zuleika Gold Limited Commences Drilling At High Priority Gold Targets At the Carnage North, Paradigm North and East Credo Prospects Zuleika Gold Limited announced that a program of Aircore (AC) drilling has commenced at the Company's Carnage North, Paradigm North and East Credo prospects, part of the Company's portfolio of exploration projects located in the Kalgoorlie-Menzies goldfields, including the Company's Zuleika Project. Drilling should be completed by November, with results before the end of 2022. Ongoing soil geochemistry and geological evaluation has culminated in the current drilling program, aimed at three targets in Zuleika and Credo Projects. Drill Target Details are: Carnage North The Carnage Shear is a major structure that bounds the eastern edge of the Kurrawang Syncline and is poorly tested along much of its length. Significant mineralisation is associated with the fault to the south. Carnavale Resources Ltd. is exploring the same structure immediately to the north and has reported ore-grade intersections whilst equating the geology to the +2.5Moz at >4g/t Invincible Mine near Kambalda. Drilling is planned along a short section of the structure associated with later cross-faulting in a structurally well-prepared area. Paradigm North Magnetic interpretation and previous limited drilling suggest the potential for repetitions of the structural confluences behind the east-west oriented high-grade mineralisation at Paradigm East. The AC drilling will test two zones, located around 1km northwest of Paradigm East. East Credo Encouraging anomalous gold values were intersected in previous wide-spaced AC drilling, south-east of the existing identified resources at Credo. Drilling will infill existing holes to determine the tenor and potential significance of the mineralised trend. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.008 loss per share (vs AU$0.018 loss in FY 2021) Full year 2022 results: AU$0.008 loss per share (improved from AU$0.018 loss in FY 2021). Net loss: AU$3.37m (loss narrowed 45% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Aankondiging • Sep 28
Zuleika Gold Limited Reports Results from Recent Exploration Activity, Including RC Drilling Results At Credo Well, Paradigm East, Browns Dam and Breakaway Dam Zuleika Gold reported results from recent exploration activity, including RC drilling results at Credo Well, Paradigm East, Browns Dam and Breakaway Dam. Positive results have been received at most projects, further reinforcing their prospectivity and paving the way for follow-up exploration activities. Given its large and highly prospective tenement package in the Kalgoorlie region, the Company continually assesses and reprioritises its activities as needed, to ensure systematic evaluation of the project areas in the most cost-effective manner. Following heritage clearance over significant areas of the Zuleika Project, the next phase of aircore drilling activities is scheduled to start in October 2022. Soil geochemical sampling also continues aimed at generating the next generation of drill targets. The Credo Gold Project, located ~5km west of Norton Goldfield's Paddington Gold Mine, is a Joint Venture with Asra Minerals Limited operated and managed by Zuleika. Zuleika is earning 50% of the Project. Results have been returned from the latest RC and aircore drilling programs that consisted of 11 holes for a total of 1,308m. The drilling programs were designed to test two key targets: The down dip mineralisation at the northeast trending Credo North West resource area, and The potential for shallow mineralisation at Credo South East (500m south of Credo Well), suggested by 2021 aircore drilling results. Cross section 333,660mE presents the mineralisation extension provided by the results of DCRRC230 (2m @ 0.73 g/t Au) following up on DCRRC225 (9m @ 1.93 g/t Au) as previously announced. These intercepts are located outside of the current block model, and open down dip and down plunge. The drilling indicates the mineralised structure continues and further drilling is required to determine the overall grade of the potential resource extension. 6 AC holes for 460m were drilled in June 2022 to follow up the identification of a new mineralised zone located ~500m southeast of Credo Well (ZAG ASX Ann.15.09.2021 and 19.04.2022). Best intercepts at Credo South East from this new drilling include: 2m @ 1.87 g/t Au from 12m, and 6m @0.18 g/t Au from 19m in DCRRC234. 6m @ 1.44 g/t Au from 13m @ 1.44 g/t Au, incl. 3m @ 2.63 g/t Au from 13m in DCRRC236. These results confirm and extend the shallow mineralisation envelope at Credo South East. Further drilling is planned to test this mineralisation, that potentially represents a repetition of the two pods of defined mineralisation to the northwest. A two-hole RC drilling program (290m total) was completed to further test the 2021/2022 outstanding RC results returned by DPERC019 (4m @ 4.93 g/t Au from 71m, including 1m @ 18.48g/t Au at 72m) and DPERC026 (28m @ 0.26 g/t Au from 48m). The results further indicate the complex nature of the mineralisation at Paradigm East and Zuleika Gold's Geology team is currently reviewing the geological and structural controls for the project. Further test with aircore drilling along the 1.8km strike length of mineralisation is likely. These results confirm a lower-grade shallow mineralisation in the southern part of the tenements that could indicated a nearby higher-grade source. Further work at the project area will entail extending the soil sampling program northwards - where very little historical work has been completed to date. Results from this work will guide further drilling at Little T. The Breakaway Dam prospect is located approximately 5km southwest of the Breakaway Dam mine. A drilling campaign completed in June 2022 consisted of 21 AC holes for a total of 1,165m and 2 RC holes for a total of 314m. Holes were planned to follow up encouraging results from a 2021 AC drilling program that included 11m @1.3g/t from 40m in DBAAC069, including 1m @ 7.16 g/t at 40m. Results were generally from the supergene zone and did not indicate a mineralisation trend associated with the regional Breakaway Fault. Best results included (Figure 8): 3m @ 0.95 g/t Au from 115m in DBARC001. 7m @0.19 g/t Au from 37m in DBAAC118. 8m @0.11 g/t Au from 62m in DBAAC120. 4m composites samples that will be further assayed on one metre intervals. The anomalous composites will be re-assayed. The encouraging geological setting justifies a soil sampling program over the extended project area to better define a potentially mineralisation corridor prior to further drill testing. The Grant Patch West prospect is located in between Paradigm East and Credo Well on tenement P24/5426, P24/5427 and P24/5428. A geochemical soil sampling program (for 81 samples) was completed over the Grants Patch West prospect in May 2022. Samples were recovered on an 80m-by-80m staggered grid (nominally weighing 250 grams) and collected manually from a depth of about 10-20cm below surface. Assaying was completed at Labwest using the Ultra-fine assay technique developed by the CSIRO to better detect subtle anomalies under transported cover. Samples were assayed for 52 elements. The soil sampling campaign was designed to test prospective magnetic features and lithological contacts. The best gold result returned from this campaign was 124 ppb, with an average background of 29 ppb. The high background levels observed in the southern part of the tenement are considered to be very encouraging. Further soil sampling is planned to extend the coverage to follow up on these promising results. The rest of the Grants Patch prospect, that lies adjacent to the Carnage Shear and the eastern margin of the Kurrawang basin, will also be soil sampled on a wider grid. Aankondiging • Sep 12
Zuleika Gold Limited, Annual General Meeting, Nov 21, 2022 Zuleika Gold Limited, Annual General Meeting, Nov 21, 2022. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director & Company Secretary Mike Higginson was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 19
Zuleika Gold Limited Reports Additional Results from the Extensive Exploration Completed During the Latter Part of 2021 Zuleika Gold Limited report additional results from the Company's extensive exploration completed during the latter part of 2021. Highlights include: During 2021, the Company drilled 23,370m comprising 18,246m of aircore (AC) and 5,124m of reverse circulation (RC) drilling, primarily testing targets within the Zuleika and Credo Projects. The Company's 2022 goal is to complete a further 20,000m of RC and AC drilling to advance exploration on the Zuleika Shear and Credo Projects, together with testing new prospect areas generated from prior drilling and early-stage reconnaissance exploration. RC drilling at Credo in December 2021 returned further positive intersections, including: 9m @ 1.93 g/t Au from 114m, including 5m @ 3.32 g/t Au from 114m in DCRRC225 5m @ 1.37 g/t Au from 100m, including 1m @ 3.45 g/t Au at 104m in DCRRC223 AC drilling at the Credo East prospect in December 2021 returned encouraging intersections, including:· 12m @ 0.52 g/t Au from 45m, including 3m @ 1.69 g/t Au from 46m in DECAC006 The Company is currently planning systematic follow up drilling programs to further test these and other high-quality targets within the portfolio. Drilling will recommence following the required heritage surveys and permitting. The Company is well-financed to complete the planned systematic exploration of its highly prospective projects following the completion of a $3 million share placement made to prominent West Australian prospector and investor, Mr. Mark Creasy. The Company's Zuleika Gold Project sits within the prolific gold rich Kundana - Ora Banda district of the Kalgoorlie Goldfield and consists of an extensive land holding of 223km. The Project is positioned along significant regional structures within highly prospective stratigraphy which has been the host to more than 20 million ounces of gold production over the last 30 years. During 2021 the Company advanced its targeted drilling programs and to date has drilled 23,370m, including 18,246m of aircore (AC) and 5,124m of reverse circulation (RC) drilling. The drilling tested targets at the Paradigm East, Browns Dam, Breakaway Dam, Little T and Carnage Prospects and the Credo Project. The Company's 2022 plan is to complete a further 20,000m RC and AC drilling programs to advance exploration on the Zuleika Shear and Credo Projects, together with testing new prospect areas generated from prior drilling and early-stage reconnaissance exploration. The Credo Gold Project (Credo), located 5km west of Norton Goldfield's Paddington Gold Mine, is a Joint Venture with Torian Resources Limited operated and managed by Zuleika. Reported Earnings • Mar 18
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.005 loss per share (up from AU$0.016 loss in 1H 2021). Net loss: AU$1.96m (loss narrowed 57% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Feb 15
Zuleika Gold Limited Reports Recommencement of Its Drilling Activities This Month Following on from Extensive Exploration Completed in 2021 and Focusing on Newly Defined Exploration Targets Zuleika Gold Limited reported that it will recommence its drilling activities this month following on from extensive exploration completed in 2021 and focusing on newly defined exploration targets. A first pass AC drilling program was designed to test historic drill results, lithologies and structures. A total of 101 holes for 5,479m was completed during 2021. Best intercepts from the composite samples include: 4m @ 4.3 g/t Au from a 4m composite in DBAAC0069 within 10m @ 2.1 g/t Au. 4m @ 1.52 g/t Au from 31m, including 1m @ 4.05 g/t Au at 31m in DBAAC099. Best intercepts from 1m re-splits include: 11m @1.3 g/t Au from 40m, including 3m @ 3.33 g/t Au from 40m, including 1m @ 7.16 g/t Au at 40m in DBAAC069. 7m @1.17 g/t Au from 40m, including 1m @6.33 g/t Au at 40m in DBAAC039. Results were generally from the supergene zones with >24 of the holes intersecting greater than 0.1 g/t Au, indicating a broad gold system is present. Initial interpretation of results from Zuleika Gold's AC drilling displays the potential for multiple mineralized surfaces coincident with north-northeast trending structures. A follow-up campaign consisting of 21 AC holes for 1,300m has been designed to confirm and extend the mineralised trend at Breakaway Dam. Additionally, two RC holes for 280m will be drilled underneath hole DBAAC069 to test the continuity of the high-grade gold mineralisation into fresh bedrock. During 2020, the Company announced results from its initial AC drilling at Browns Dam that were designed to test the Company's interpretation of the geophysics which had identified several complex structural zones and potential flexures along the main Zuleika Shear. Best intercepts within the 4m composite sampling of this program were; 5m of 3.1 g/t Au from 38m including 1m @ 6.60 g/t Au from 42m, 1m @ 5.23 g/t Au from 39m in DBDAC0026 and 2m of 0.85 g/t Au and 4m of 0.68 g/t Au from 51m, including 17m of 0.33 g/t Au from 40m in DBDAC0027. A follow-up drilling campaign at Browns Dam during 2021 included 47 AC holes drilled for 2,979m. This drilling intersected mafic and ultramafic bedrock lithologies as well as quartz veining and alteration. The results provided best intercepts of: 10m @ 0.39 g/t Au from 36m including 1m @ 1.45 g/t Au in DBDAC058, finishing in the mineralisation. 8m @ 0.47 g/t Au from 36m in DBDAC057, 4m @ 0.50 g/t Au from 36m in DBDAC063, 4m @ 0.61 g/t Au from 44m in DBDAC084. A follow-up campaign will consist of 280m of RC drilling below hole DBAAC0026 to test the continuity of the high-grade gold mineralisation into fresh bedrock. During the June quarter of 2021, a first pass 28-hole AC drilling program for 725m was completed on the Little T Prospect, located just 4 km northwest of the East Kundana Joint Venture Mining Area. Three traverses across prominent magnetic features were designed to test the bedrock lithology and geochemistry. Best results of the campaign returned 9m @ 0.59 g/t Au from 24m in DKNAC028, finishing in mineralisation. This intersection is spatially associated with a lithological contact and potential gold bearing fluid conduits between gabbro units to the east and sediments of the Black Flag Beds to the west. Zuleika Gold then completed an orientation soil sampling program on a staggered 80m x 80m grid to further test the lithological contact and also test an area to the north where ineffective historical holes were drilled in the 1980's. Results from this program are expected soon. In late 2021, the Company drilled 10 AC holes for 406m to partially complete a program testing the anomalism identified in DKNAC028. Drilling encountered locally difficult ground conditions and the program was temporarily suspended. A further 11 holes for 500m will be drilled to complete the planned program. During 2021, an initial 20-hole AC drilling program for 1,133m was completed to test prospective lithologies of the Black Flag Beds along the Carnage Shear, a major structure sub-parallel and contemporaneous with the gold rich Zuleika Shear. This area has had limited exploration and holes were drilled on an initial wide spacing, attempting to identify lithological boundaries and structures where significant gold mineralizing fluids have passed through. Results show a complex geological regime providing good rheological contrasts and lithostructural positions which will be targeted for further exploration. An encouraging result of 4m @ 0.38g/t Au from 16m in DCNAC007 indicates gold present within the area. A series of tenements along the Carnage Shear have now been granted and an initial campaign consisting of 44 AC holes for 3,520m has been designed to further test the Carnage Shear corridor. In addition to these planned drill programs, the Company is continuing to assess results and define new targets for drill testing. Other Projects that will be actively explored throughout 2022 include: The Credo Project, following up the RC and AC drilling results from late 2021 with the aim to extend currently defined resources and identify new targets; AC drilling of potential new targets identified from an extensive surface geochemistry undertaken in the Zuleika Project. Additional geochemistry surveys will continue to be completed throughout the Project in 2022; and An AC drill program to test gold anomalism in surface geochemistry identified at the Goongarrie West Project. In addition to the drilling, Zuleika Gold will continue to systematically carry out soil sample surveys on a number of other tenements in the Company's portfolio using the cutting-edge Ultrafine+ assay technique developed by the CSIRO, which is an excellent tool for defining subtle gold anomalies in soil covered terrain, generating more targets to drill test. Exploration will focus on: advancing existing resources; advancing the data on mineralised zones to move these to resources; identifying additional mineralisation and extensions and significant gold systems; and deploying reconnaissance exploration techniques to define new targets in untested tenements. Zuleika Gold's project area is extensive and contains several major structural zones and secondary structures off these zones that are considered to have high potential for hosting economic mineralisation. Zuleika Gold is working systematically to evaluate the entire project area in the most cost-effective manner. Zuleika Gold's portfolio consists of prospects with known high-grade mineralisation through to geophysical target areas with no effective past exploration. The programs currently underway include: the collection of UltrafineTM soils across areas of cover to identify the next generation of targets; bedrock AC drilling of identified structural or geochemical targets; RC target drilling following up bedrock anomalism and high-grade AC results; and RC drilling to test zones within and adjacent to the known resources at Credo and other targets within the broader Project. Aankondiging • Feb 10
Zuleika Gold Limited Appoints Michael Higginson as a Director The Directors of Zuleika Gold Limited advised the appointment of Mr. Michael Higginson as a Director of the Company. Mr. Higginson has been the Company Secretary of Zuleika since May 8, 2014 and is currently a non-executive director of both SportsHero Limited and Cape Range Limited. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.018 loss per share (vs AU$0.011 loss in FY 2020) Full year 2021 results: Net loss: AU$6.18m (loss widened 180% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Aankondiging • Sep 15
Zuleika Gold Limited Announces Breakaway Dam and Credo Well Confirm Broad Gold Zones Zuleika Gold Limited has received encouraging results from its Aircore (AC) drilling at Breakaway Dam and Reverse Circulation (RC) drilling at Credo Well. The Company continues to systematically test targets on its large tenement holding in the world class gold endowed Zuleika, Carnage and Kunanalling Shears in the Kalgoorlie Goldfields. Breakaway Dam results: Results have been received from 81 of the 101 AC holes, with values of up to 4m @4.3 g/t Au from a 4m composite in DBAAC0069 within a 10m @ 2.1 g/t Au intercept. Results were generally from the supergene zone with 21 of the 73 holes intersecting greater than 0.1 g/t Au indicating a broad gold system is present. Credo Well results: Results have been received from the follow up Credo Well RC drilling with DCRRC216 returning 2m @ 2.9 g/t from 32m including 1m @ 4.8 g/t Au, highlighting a potential new mineralised zone. This is in addition to the results previously announced on 4th August 2021, including: Credo North West: 7m @ 5.22 g/t Au from 89m, including 2m @ 14.92 g/t Au from 90m, including 1m @ 24.23 g/t Au at 91m in DCRRC198 Credo Well: 3m @ 1.54 g/t Au from 123m, including 1m @3.9 g/t at 125m in DCRRC197. The Breakaway Dam prospect is located approximately 300m southwest of the Breakaway Dam mine. The area was identified from historic drilling with 10m at 26.9 g/t Au from 25m including 5m at 51.3g/t Au (5m composite) in TRB440. This result was from the supergene zone with wide support of anomalous gold of up to 10m @4.0 g/t Au from 25m in TRB451. These historic intercepts were sampled using 5m composites and it appears no re-splits were done or reported. Initial interpretation of results from Zuleika Gold's recent AC drilling displays the potential for multiple mineralised surfaces coincident with north-northeast trending structures. Anomalous composites will be re-assayed on 1m splits to further define the mineralisation trends in the area. Further geological interpretation will also assist in the planning of follow up RC drilling. Results have been received from the Credo Well RC drilling with DCRRC216 returning 2m @ 2.9 g/t from 32m including 1m @ 4.8 g/t Au. This result is from a potential new mineralised zone along the high-grade gold corridor and further analysis and follow-up drilling is being planned. Reported Earnings • Mar 20
First half 2021 earnings released: AU$0.016 loss per share (vs AU$0.005 loss in 1H 2020) First half 2021 results: Net loss: AU$4.62m (loss widened 396% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Aankondiging • Mar 09
Zuleika Gold Limited Announces Board Changes The Directors of Zuleika Gold Limited announced the appointment of experienced geologist, Mr. Graeme Purcell as a Non-Executive Director and Exploration Manager. Graeme will replace Mr. Peiqi Zhang who has resigned as a Director of Zuleika Gold. Graeme Purcell is a highly regarded exploration geologist with more than 25 years national and international experience with major and junior resource companies including Homestake Mining, Barrick Gold and Black Fire Minerals. More recently, he has been working in a consulting capacity. Graeme will be responsible for planning, implementation and reporting on Zuleika Gold's exploration programs in Western Australia. He has direct experience in the Company's Zuleika and Credo Projects, where he previously worked with Barrick Gold. Aankondiging • Feb 10
Zuleika Gold Limited Announces Drilling Update Zuleika Gold Limited informed the market that drilling is proceeding as planned, following some initial delays caused by heavy rain. The drilling being undertaken is part of an aircore program of ~20,000m in conjunction with a reverse circulation drilling of ~10,000m planned for Stage 1 of the first half 2021 exploration program. Along the east west Paradigm corridor, aircore has commenced with the drilling of targets north and east of the Paradigm East prospect where high grade gold was intersected last year. The drilling is designed to test for key cross structures and extensions to the gold system to the east from Paradigm East. The Paradigm East prospect is located within the Zuleika Gold Project JV with Torian Resources Limited. The Paradigm East prospect was discovered in the 1990's by Dominion Mining and contains some high-grade supergene zones of up to 7m @ 9.8 g/t Au including 2m @30.9 g/t Au (DQRC004) from 42 to 49m within an overall anomalous zone of 27m @2.87 g/t from 33 to 60m. Results from RC and Aircore drilling from 2020 include RC results of 4m @ 1.77 g/t from 86m in DPERC009 and a 1m @ 1.02 g/t (with a repeat gold of 7.97 g/t Au) from 117m in DPERC005 and in Aircore 24m @ 6.4 g/t Au from 28m incl 4m @ 34.7 g/t from 32m in DPEAC0021 and 8m @ 2.2 g/t Au from 48m incl 4m @ 3.3 g/t Au from 48m in DPEAC0004 (ASX Ann. 15 September 2020). Drilling commenced in the western end of the target with 25 holes completed for 1,426 metres. Geological logging has been encouraging with quartz veining, sericite and biotite alteration observed in drill chips, with good penetration into the bedrock being achieved. Aankondiging • Feb 01
Dampier Gold Limited Announces the Commencement of Its Exploration Program for the 2021 Field Season Dampier Gold Limited announced the commencement of its exploration program for the 2021 field season. This is following an oversubscribed two tranche capital raising of $6 million as announced on 7th December 2020. Highlights of the 2020 maiden field season have been: Strong RC results and maiden resource at Credo Well; Orientation soil program identifies new anomalous zone at Credo Well; Significant RC and AC results at Paradigm East (ASX Ann. 15 September 2020 and 28 October 2020); New gold zone discovered at Browns Dam; Anomalous Gold and Nickel at Goongarrie (ASX Ann. 12 October 2020); Anomalous Gold Menzies. These results have confirmed the highly prospective nature of the Company's gold project portfolio. The work was completed in a highly efficient and effective manor and the new funding will allow further systematic drilling of the known gold systems and the delineation of new systems by systematic evaluation of priority targets. An Aircore program of approximately 20,000m is planned along with Reverse Circulation drilling of approximately 10,000m as well as detailed mapping, geophysical interpretation, auger and soil sampling over the tenement portfolio with a view to identifying additional targets for drill testing. A total budget of approximately $2.8 million is anticipated for the Stage 1 phase of exploration with the aim of identifying more than one significant gold system. The Credo Gold Project JV with Torian Resources Limited contains several key prospects with the Credo Well and Credo Well North being the most advanced of these. JORC resources totalling 12,250 oz of Au have been calculated from an interpreted high-grade corridor along cross cutting NE trending structures, see Figures 1 and 2. This corridor returned anomalous soil results in an orientation soil survey between the known mineralised systems which demonstrated the presence of such zones with an identical north east, south west orientation, giving scope for en-echelon mineralised structures along the 3km "high grade corridor". The Company's target is to define resources in several of these mineralised structures with the aim to aggregate them all into a substantial commercially viable JORC Compliant Resource. Due to the shallow cover in this particular area, the soil anomalies are to be followed up with RC drilling to test for repeat structures crossing the interpreted corridor. The gabbro host for the gold in the Credo Well area has been folded then fractured by these late north east trending structures and the brittle nature of the fracturing in the gabbro provides for excellent quartz vein development, with gold hosted mostly within the veins. Aankondiging • Dec 30
Dampier Gold Limited, Annual General Meeting, Jan 29, 2021 Dampier Gold Limited, Annual General Meeting, Jan 29, 2021, at 10:30 W. Australia Standard Time. Location: Level 2, 1 Walker Avenue West Perth Western Australia Australia Agenda: To discuss Ratification of Prior Issue of Shares Listing Rule 7.1; to discuss Ratification of Prior Issue of Shares Lisitng Rule 7.1A; to discuss Approval to Issue Shares and Options; to discuss Approval to Issue Options; to discuss Ratification of Prior Issue of Shares Listing Rule 7.1; to discuss Ratification of Prior Issue of Torian Options Listing Rule 7.1; and to discuss change of company name. Aankondiging • Nov 11
Dampier Gold Limited, Annual General Meeting, Dec 11, 2020 Dampier Gold Limited, Annual General Meeting, Dec 11, 2020, at 10:30 W. Australia Standard Time. Location: Level 2, 1 Walker Avenue West Perth Western Australia Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2020 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider the adoption of remuneration report; to consider reelection of MALCOLM CARSON as DIRECTOR; to consider Replacement of Constitution; to consider Ratification of Previous Issue of Settlement Shares; to consider Approval of Issue of Performance Rights to Ms. Hui Guo; to consider Approval of Issue of Performance Rights to; to consider Mr. Malcolm Carson Approval of Issue of Director Options to Ms. Hui Guo; to consider Approval of Issue of Director Options to Mr. Malcolm Carson; to consider Approval to issue Shares and Options ; to consider others. Aankondiging • Oct 13
Dampier Gold Limited Announces its Follow Up Auger Drilling Confirms High Gold and Nickel Values at Goongarrie Dampier Gold Limited announced, following the successful Stage 1 auger drilling program at the Goongarrie Gold Project late last year, Stage 2 auger drilling returned high nickel and gold values including 405 ppm for nickel and 90ppb, 16ppb, 15ppb, 11ppb, 10ppb for gold, assuming a background gold reading at 4ppb. Out of 364 samples, Dampier achieved 101 results above the background gold reading of 4ppb, which demonstrates, notwithstanding the difficult sampling environment, that there are strong gold anomalies over a large proportion of the tenement. The tenement covers around 200sqkm, the auger drilling areas cover around 100sqkm or approximately 50% of the tenement, 33% of which has confirmed gold anomalies of above 4ppb. Dampier's Goongarrie Gold Project is situated around 100 kms north-west of Kalgoorlie and is held under granted tenement E29/1051. The tenement covers northern extensions of a known greenstone belt with interpreted Banded Iron Formations and ultramafic lithologies. Goongarrie's "wrap around" magnetic signature suggests a possible granitic body which has been emplaced within a greenstone sequence, similar to the Goongarrie structure in the greenstone belt immediately to the east of E29/1051 which is a field that has produced over 30,000 ounces of gold to date. The tenement area is largely under transported sand and soil cover and was selected as a nickel-gold exploration target based on rare scattered mafic/ultramafic outcrops in the southern part of the project area which show magnetic similarities to a strong "wrap around" magnetic signature to the north. The auger soil results have identified several gold anomalies some of which overlie magnetic responses which coincide with the underlying granitic and mafic/ultramafic rocks. The soils information has provided lithological and structural targets to be further tested by Aircore and reverse circulation drilling. Despite the extensive cover, and the strong likelihood that any geochemical signature of underlying mineralisation would be largely suppressed, high value anomalous nickel and gold results were returned. The background for nickel was determined as sub 60 ppm and for Au below 4 ppb. Aankondiging • Oct 10
Dampier Gold Limited Announces Promotion of Annie Guo from Executive Director to Managing Director Dampier Gold Limited announced the promotion of Ms. Annie Guo from Executive Director to the position of Managing Director. Ms. Guo is a highly experienced resource sector executive, who has been with Dampier since 2014. During that time, Annie has been a driving force behind many key transactions for the Company. Ms. Guo's appointment is a strategic move for Dampier as the Company continues to advance its plans to successfully explore and develop its world class Kalgoorlie/Menzies goldfield
assets; together with its business development and corporate growth strategies. Aankondiging • Oct 08
Dampier Gold Limited Announces High Grade Soils Results Confirm New Credo Gold Structures Following the highly successfully maiden RC drilling campaign at Credo, Dampier Gold Limited announced results from the Credo Gold JV with Torian Resources Limited (Credo Gold Project). The soil results showed a maximum of 193ppb Au within a background of around 5ppb Au. Importantly a consistent anomalies along to the same northeast trend as the existing resources in the area was identified between the new resources. This may be a new structure or a structure connected to the Credo NW resource. It represents a strong target for further resources in this area which will significantly enhance the project. The 78 site orientation soil survey is the follow up program after identification of a high grade gold corridor between Credo NW and Credo Well and open 2.5km to the South East during the maiden drilling campaign at Credo in April this year with results of Hole DCRRC0187 intersected 5m @ 6.7 g/t Au (including 1m @ 18.35 g/t Au). The Company predicted this corridor can be traced between Credo NW and Credo Well in a northwest-southeast trend, this zone has now been further tested and confirmed by the high grade soil results. An orientation soil sample was completed in late September over the corridor between the Credo NW and the Credo Well resource. The survey was designed to confirm the efficacy of the method and two optimum sieve size fractions were tested for identifying underlying gold mineralisation. Both fractions identified 3 corridors with a potential 4th structure on the most south easterly line. The survey will now be extended in all directions within areas where the regolith profile will allow effective sampling. Drill testing of the new corridor will be undertaken in conjunction with testing for further anomalies along the 3km gold corridor from an ongoing soil program. Aankondiging • Oct 05
Dampier Gold Limited Announces Successful Drilling Results At Paradigm East on the Zuleika Gold Project Dampier Gold Limited announced following the successful drilling results at Paradigm East, further Aircore drilling has commenced at Paradigm East on the Zuleika Gold Project tenements under the joint venture with Torian Resources Limited. The Zuleika Gold Project sits within the gold rich Kundana district of the Kalgoorlie Goldfield with an extensive land holding along significant regional structures and within highly prospective stratigraphy. The RC drilling completed last month at Paradigm East confirmed the continuity of the gold mineralisation along an east west structure which continues through to Northern Star's Paradigm North prospect, with significant intercepts from 11 of 12 drill holes with best results including repeats of up to 7.97 g/t Au over 1m from 117m. Previous results include 7m @ 9.8 g/t Au including 2m @30.9 g/t Au. Aircore drilling of 1200m has commenced and is testing a further 400m strike length of this structure to the east of the Paradigm East prospect. The structure can be seen in the regional magnetics and extends for around 2.5km within the Dampier ground under transported cover that has masked the gold potential. Previous work at the Paradigm East prospect has tested less than a 300m strike length of the structure to date. It is hoped that this drilling will identify the extension of the structure and potential cross structures which may enhance the gold system locally. Reported Earnings • Oct 01
Full year earnings released - AU$0.011 loss per share Over the last 12 months the company has reported total losses of AU$2.21m, with losses widening by 27% from the prior year. Aankondiging • Sep 17
Dampier Gold Limited Completes Phase 1 Rc Drilling At Paradigm East on Zuleika Achieving Significant Gold Results Dampier Gold Limited announce its initial results from the Zuleika Gold JV with Torian Resources Limited (Zuleika Gold Project) following significant gold intercepts from the Paradigm East prospect. The RC drilling program consisted of 12 holes for 1436m of drilling. Further analysis of the high-grade intersections is being undertaken and a follow up Aircore program is being planned for implementation at the earliest opportunity. The Paradigm East prospect was discovered in the 1990's by Dominion Mining and contains some high-grade supergene zones up to 7m of 9.8 g/t Au including 2m of 30.9 g/t Au (DQRC004) from 42 to 49m within an overall anomalous zone of 27m of 2.87 g/t from 33 to 60m. Results have now been received with 11 of the 12 RC holes returning intercepts greater than 0.5g/t Au and 9 returning grades greater than 1g/t. Amongst best results were 4m of 1.77 g/t from 86m in DPERC009 and 1m of 1.02 g/t (with a repeat gold of 7.97 g/t Au) from 117m in DPERC005. There are also broad elevated supergene results within several holes averaging over 0.5g/t Au over 10-15m zones in some of the holes.
The results were from 3 different zones across a 250m strike: Paleochannel gold within the transported overburden; Broader supergene gold within the weathered zone; Primary gold within steeply dipping shears. Aankondiging • Aug 04
Dampier Gold Limited announced that it expects to receive AUD 0.012 million in funding Dampier Gold Limited (ASX:DAU) announced a private placement of 545,455 common shares at AUD 0.02200 per share for a gross proceeds of AUD 12,000.01 on August 3, 2020. Aankondiging • Jun 18
Dampier Gold Limited announced that it expects to receive AUD 1 million in funding Dampier Gold Limited (ASX:DAU) announced a private placement to issue 45,454,545 ordinary fully paid shares at a price of AUD 0.022 per share for gross proceeds of AUD 999,999.99 via a two tranche share placement on June 18, 2020. The transaction will include participation from sophisticated investors. The company will issue 30,000,000 shares for gross proceeds of AUD 660,000 in tranche one and it is expected to close on or before June 23, 2020. Subject to the receipt of shareholder approval at a meeting of members to be held on or around July 31, 2020, the company will issue 15,454,545 shares for gross proceeds of AUD 339,999.99 in tranche two and it is expected to close on August 3, 2020. 
