Zenith Minerals advised that it has secured an option to acquire 100% of the Hayes Hill Lithium - Nickel Project, located in the Norseman - Widgiemooltha area of Western Australia. The project consists of 2 granted exploration licences and 3 exploration licence applications in a
highly mineral prospective corridor with significant untested lithium potential. The project is situated 10 ­ 14km to the east and southeast of the Dome North lithium pegmatite deposit and immediately east of the Sinclair caesium pegmatite mine both owned by Essential Metals Limited. Liontown's Buldania lithium deposits are located a further 43km to the southeast of the Hayes Hill project area. Modest lithium soil anomalies have been
identified from cursory geochemical work by the project owner, however, much of the ground is yet to be adequately screened using systematic soil or auger techniques, providing a greenfields opportunity for lithium in a well-located tenure package. Zenith has secured previous auger sampling, historic gold samples, covering a large portion of centre of the project area, allowing rapid assessment of part of the project area for lithium. These sample pulps have now been submitted for laboratory analysis for lithium with results anticipated in approximately 4 weeks. In addition, the project has strong nickel potential with robust high-tenor nickel -copper-PGE soil anomalies that have not yet been drill tested. Nickel prospective ultramafic rocks extend 18km north along strike from Galileo's (ASX:GAL) Calisto nickel-PGE discovery and 11km northwest along strike from ASX:S2R's ­ Polar Bear nickel prospects (Gwardar, Taipan & Halls Knoll). Two existing high-tenor undrilled nickel-copper-platinum-palladium surface geochemical anomalies are situated within a folded sequence of ultramafic rocks within the Hayes Hill project. The Green Bananas auger anomaly with peak values of 2,424 ppm Ni, 1,233ppm Cu, 77 ppm Pt and 21ppb Pd is open ended to the east. PlatX soil anomaly with peak values of 1,486 ppm Ni, 386ppm Cu, 6 ppm Pt and 49ppb Pd. Additional hand auger sampling is planned to close off the Green Bananas anomaly whilst initial first pass aircore drill testing of both anomalies is in the planning stages. Zenith has secured previous auger sampling, historic gold samples, covering a large portion of
centre of the project area, allowing rapid assessment of part of the project area for lithium. These sample pulps have now been submitted for laboratory analysis for lithium with results anticipated in approximately 4 weeks. Additional hand auger to close of the Green Bananas nickel anomaly as well as lithium soil sampling is scheduled for February 2023. Planning for initial first pass aircore drilling of the Green Bananas and PlatX nickel targets has commenced.