Highlights
Kavaklitepe Gold Project, Turkey (ZNC earning 70%)
• Recent (2013) grass roots gold discovery in Tethyan Belt – (“elephant” terrain)
• Large, virtually drill-ready, high order gold soil / IP anomaly >1km strike Trenching and drilling (permitting in progress)
Develin Creek Copper-Zinc-Silver-Gold, QLD (ZNC initial 51%, option for 100%)
• 3 known VHMS massive sulphide deposits with JORC resources, 50km of strike of host volcanics
• 2011 drilling outside resource; 13.2 metres @ 3.3% copper, 4.0% zinc, 30g/t silver and 0.4g/t gold
Drilling to extend known deposits, geophysics, geochemistry to detect new targets
Mt Minnie Gold Project, WA (ZNC 100%)
• 75km strike of major regional fault. Alteration, geochemistry, rock samples 64.2 and 21.5 g/t Au
Initial field assessment to follow-up and extend known prospects
Earaheedy Manganese (and Pb,Zn) Project, WA (ZNC 100%)
• New manganese province discovered by ZNC, potential DSO drill intersections (+40%Mn)
• Target area doubled with new acquisitions (RIO tenements, Blue Cliffs).
Mapping, sampling, drilling new ground, beneficiation tests, assess geophysical techniques
Mt Alexander Iron Ore, WA (ZNC 100%)
• JORC magnetite Resource 535 Mt @ 30.0% Fe close to West Pilbara coast, 50% of target untested.
Seeking development partner/ buyer for project
Other
Divesting Indonesian coal project – Conditional offer received, US$500K +royalty US$1/t
Evaluating new project opportunities (acquire at bottom of the cycle)
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