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Zodiac Gold Inc. (TSXV: ZAU) is a West-African gold exploration company focused on its flagship Todi Project in Liberia. The company has renewed its mineral exploration license, revealing a 418.5 sq km area for drilling. Zodiac Gold's Phase II drill program has shown promising results, with significant gold mineralization found at multiple zones, highlighting the project's potential. With a focus on high-grade gold intercepts and multiple drill-ready targets, Zodiac Gold aims to unlock the full potential of the Todi Project.
Zodiac Gold Inc. (TSXV: ZAU) has announced the nomination of Michael Demeter for election to its Board of Directors at the company's annual meeting on September 23, 2024. Mr. Demeter, a loyal shareholder and advisor to Zodiac Gold, brings over 30 years of experience in the financial services industry, with a strong focus on capital markets. His expertise in advising companies, buy-side investors, and raising growth capital is expected to be valuable as Zodiac Gold continues to explore and develop the Todi Project.
Mr. Demeter's career includes senior management roles at notable financial institutions such as Haywood Securities, Macquarie Group, and Royal Bank of Canada. He holds multiple professional designations, including CFA, CMT, and CAIA. The nomination aligns with Zodiac Gold's strategy to build a top-tier team focused on unlocking shareholder value.
Zodiac Gold Inc. (TSXV: ZAU) has received its Environmental Protection Agency (EPA) permit for drilling at the Alasala target within its Todi Gold Project in Liberia. The company has mobilized a diamond drill rig and plans to start drilling in the coming days. This follows successful Phase I and II drilling at the Arthington Target.
The Alasala target, located 16 km west-northwest of Arthington, is considered highly prospective based on artisanal gold mining, historical exploration, and recent data. Previous work reported high-grade gold mineralization, including intercepts of 19.6 meters at 6.17 g/t Au, 6.0 meters at 7.69 g/t Au, and 9.0 meters at 4.46 g/t Au.
CEO David Kol expressed enthusiasm about the permit and the company's commitment to sustainable exploration practices in Liberia.
Zodiac Gold Inc. (TSX: ZAU) has appointed Tom Dowrick as Director of Exploration. Mr. Dowrick, a Chartered Geologist with 17 years of experience, will oversee the company's exploration initiatives, including the Todi Project in Liberia. He brings extensive experience in West Africa and has been familiar with Zodiac's projects since 2019, having authored the most recent NI 43-101 report for the Todi Project.
The appointment comes as Zodiac Gold focuses on drilling at the Alasala target. Mr. Dowrick replaces outgoing VP of Exploration, Efdal Olcer, who will remain involved as a shareholder and consultant. CEO David Kol expressed confidence in Dowrick's ability to drive the company's projects forward, citing the potential for a multimillion-ounce discovery.
Zodiac Gold has announced the addition of Ryan Hanley to its Advisory Board. Hanley, a seasoned mining analyst with over 15 years of experience, has held key roles at Laurentian Bank Securities and Research Capital Corp. He currently serves as the CEO of Springburn Capital. His accolades include being ranked 3rd 'Top Stock Picker' in Canada by Thomson Reuters in 2017. Hanley will join notable board members such as Renaud Adams, CEO of IAMGOLD, and Michael Demeter, Managing Director of Fort Capital. Zodiac Gold CEO, David Kol, emphasized Hanley's analytical expertise as a strategic asset to the company's growth and investment appeal.
Zodiac Gold has completed a satellite data interpretation study for the Alasala target at its Todi Gold Project in West Africa. The study, conducted by ACA Howe, enhances understanding of the geological setting and reveals potential high-grade gold mineralization controls. Key findings include a 2 km mineralized trend, cross-cutting structures, and rock chip samples with up to 33 g/t Au. The drilling program is set to commence in two weeks. Additionally, Zodiac Gold has engaged Peak Investor Marketing Corp. for a six-month marketing and PR strategy to boost market awareness.
Zodiac Gold has completed its Pre-Drilling Surface Mapping and Sampling Program at the Alasala target, part of the Todi Project in Liberia. Key results include rock-chip samples of 33 g/t Au and 32.3 g/t Au. The program aimed to compile surface data and confirm the geology for upcoming diamond drilling. Previously, highlights from the Alasala target included drilling results of 19.6m at 6.17 g/t Au and rock chip samples up to 107 g/t Au. The recent program collected 17 rock-chip and 59 channel samples, indicating significant potential for a large orogenic gold system. Zodiac Gold plans to use these findings to design its next drilling campaign at Alasala.
Zodiac Gold Inc. (TSXV: ZAU), a West-African gold exploration company, has initiated a detailed pre-drilling surface mapping and sampling program at its Alasala target in Liberia. The program aims to gather important geological and mineralization data to design a future drill program. Alasala boasts a well-defined 2.0 km long mineralization trend with high-grade intercepts, visible gold, and historic data, indicating significant gold potential. The company's president, David Kol, is optimistic about the program's potential for discovering additional gold resources.
Zodiac Gold Inc. reports additional gold mineralization at the Arthington target, extending the strike length to 2.4 km with high-grade intercepts of up to 8.98 g/t Au. The Phase II Drill Program confirms the expansion of mineralization, showcasing the potential for a significant mineral resource at the Todi Project. Notable drilling highlights include multiple mineralized zones and significant grades of gold. The Company is planning a Phase III drilling initiative and a geophysical survey program to further explore the area.