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Zodiac Gold Intersects 42 g/t Au and Continues to Expand Broad Gold Zones at Arthington Target, Liberia

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Zodiac Gold Intersects 42 g/t Au and Continues to Expand Broad Gold Zones at Arthington Target, Liberia

Zodiac Gold Inc. (TSX-V: ZAU), a West-African gold exploration company, is pleased to announce further assay results from its ongoing Phase Three drilling program at the Arthington target within its flagship Todi Gold Project in Liberia. These results continue to confirm Arthington’s potential to host a large-scale, multi-zone gold system comparable to other major West African discoveries. The latest results are from drill holes ADD035 and ADD036, which were designed to test the continuity and potential extensions of gold mineralized zones intersected in previous drilling. Results continue to support the presence of a robust mineralized system and highlights of the drilling program to date include:

  • ADD033: 12m at 3.31 g/t Au (including 7m at 5.26 g/t Au), 9.5m at 1.08 g/t Au (including 3.49m at 2.04 g/t Au) and 4.04m at 2.15 g/t Au, beginning 30m below surface.
  • ADD034: 20.55m at 1.17 g/t Au (including 3.25m at 2.27 g/t Au and 2m at 4.58 g/t Au), beginning 55m below surface.
  • ADD035: 17.51m at 0.97 g/t Au* (including 3.58m at 2.56 g/t Au g/t Au), beginning 68m below surface.
  • ADD036: 9.80m at 2.19 g/t Au* (including 0.42m at 42.22 g/t Au within a wider interval of 5.05m at 4 g/t Au*) and 11.44m at 0.98 g/t Au* (including 3.37m at 2.23 g/t Au), beginning 69m below surface.

David Kol, President & CEO of Zodiac Gold, commented: “These results continue to validate our geological model and confirm the scale, continuity, and potential high-grade nature of the Arthington system. The intersection of 42 g/t gold at depth, along with broad mineralized zones near surface, is a clear signal that Arthington is emerging as one of the most promising gold discoveries in West Africa. We’re excited by the momentum we’re building and the potential we continue to unlock across the Todi Gold Project.”

Following the broad near-surface gold intercepts reported in ADD033 and ADD034, results from ADD035 further underscore the strong continuity of mineralization at the Arthington target. To the east of the Red Hill Field artisanal workings, ADD036 successfully intersected the interpreted extensions of the mineralized zones and confirmed additional zones to the south of previous intercepts (Map 1). Follow-up drilling to evaluate continuity to the east of ADD036 is on-going in holes ADD037 to ADD039.

The results also confirmed the presence of high-grade gold at the Arthington target, highlighted by the intersection of 0.42m at 42.22 g/t Au in ADD036, approximately 100m below surface. This result builds on previously reported high-grade intercepts at Arthington, including 3.00m at 20.45 g/t Au in ADD004 (51m below surface), 3.00m at 20.36 g/t Au in ADD007 (74m below surface), and 1.14m at 16.80 g/t Au in ADD024 (110m below surface).

Gold mineralized zones are west-northwest-trending (Map 1), dipping between 60 and 90o to the south-southwest, and are hosted in sheared amphibolite and melanocratic gneiss.

Map 1: Results from ADD033 to ADD036 with interpreted mineralized zones at the Arthington target

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7932/256416_013cc7bbe41cf868_001full.jpg

Drill hole collar data for ADD033 to ADD036 is shown in Table 1 and significant intersections are shown in Table 2.

 

Table 1: Collar Data for ADD033 and ADD036

Hole ID Easting (WGS84) Northing (WGS84) Elevation (m) Azimuth Dip Depth (m)
ADD033 323452 722616 65 0 -50 161.10
ADD034 323335 722622 60 12 -50 181.05
ADD035 323384 722586 60 12 -65 243.70
ADD036 323530 722562 50 12 -50 150.65

Table 2: Significant Intersections – ADD033 to ADD036

Hole ID From (m) To (m) Interval (m) Average Au (g/t)
ADD033 11.6 12.6 1.00 0.27
ADD033 16.9 18 1.10 0.21
ADD033 34 39 5.00 0.34
ADD033 42 46.04 4.04 2.15
Including 44 45 1.00 6.28
ADD033 49.5 59 9.50 1.08
Including 53.31 56.8 3.49 2.04
ADD033 68 69 1.00 0.25
ADD033 71 72 1.00 0.34
ADD033 76 88 12.00 3.31
Including 78 85 7.00 5.26
Including 81 82 1.00 11.73
ADD033 92.62 94.6 1.98 0.60
ADD033 97 99.19 2.19 0.43
ADD033 109.75 110.83 1.08 0.62
ADD033 122.8 123.8 1.00 0.24
ADD033 135 136 1.00 1.09
ADD033 142 143 1.00 0.27
ADD034 44 48 4.00 0.43
ADD034 57 61 4.00 0.29
ADD034 74.45 95 20.55 1.17
Including 76.75 80 3.25 2.27
Including 84 86 2.00 4.58
ADD034 98 99 1.00 0.95
ADD034 113 115 2.00 0.48
ADD034 123 125 2.00 0.22
ADD034 128 129 1.00 0.20
ADD035 15 16 1.00 0.68
ADD035 38 39 1.00 0.99
ADD035 75.34 92.85 17.51 0.97*
Including 75.34 78.92 3.58 2.56
Including 77.3 78.92 1.62 4.27
Including 87.63 92.85 5.22 1.12
ADD035 100 101 1.00 0.23
ADD035 106 108 2.00 0.34
ADD035 136 143.6 7.60 0.44
Including 136.69 137.7 1.01 1.15
ADD036 50.7 54 3.30 0.38
ADD036 69.61 81.05 11.44 0.98*
Including 69.61 77.7 8.09 1.19
Including 73.33 76.7 3.37 2.23
ADD036 111.2 121 9.80 2.19*
Including 115.95 121 5.05 4.00*
Including 115.95 117.2 1.25 14.39
ADD036 120 121 1.00 1.92

Note that significant intersections have been determined as intervals above 0.2 g/t Au with a minimum length of 1m and a maximum of 2m of consecutive samples below 0.2 g/t Au, except where intervals are marked with an asterisk (*). Intervals marked with an asterisk include between 2.38 and 4.08 consecutive meters below 0.2 g/t Au, however these samples average 0.1 g/t Au and above, suggesting the continuation of the mineralized envelope. Intervals are drilled rather than true thicknesses and it is estimated that true thicknesses for the intervals in ADD033 to ADD036 are approximately 70-90% of drilled thickness.

 

Drilling, Sampling and QA/QC Procedures

The drilling program at Arthington is being completed by a Fordia Eider 2000 diamond drill rig with HQ and NQ core diameter. Core recoveries for holes ADD033 to ADD036 were approaching 100% overall. The easting, northing and elevation data shown in Table 1 have been recorded using handheld GPS only and will be surveyed by differential GPS at a later date.

Drill core was transported a short distance from the drill site to the Company’s exploration camp at Arthington. After geological logging, the core was cut along the long axis using a diamond core saw, with half being sampled and half retained. Where the core was too soft for cutting (in the oxide zone), the core was split using a spatula. Core sampling was completed by Zodiac Gold’s geological team, supervised by senior company personnel. All samples met the standards for chain of custody without the opportunity for third party access from Zodiac Gold’s exploration camp to SGS Liberia in Monrovia for sample preparation (SGS method PRP87). Each sample was analyzed by 50g fire assay with an atomic absorption finish by SGS Ghana (SGS method FAA505). All samples returning a grade over 10 g/t Au will be reanalyzed by 50g fire assay with a gravimetric finish (SGS method FAG505).

SGS Ghana is ISO/IEC 17025 accredited for the methods described above. SGS Liberia is not an accredited laboratory but follows standard SGS sample preparation procedures. SGS is independent of Zodiac Gold. In addition to the laboratory’s quality control program, a rigorous quality assurance and quality control program is implemented by the Company, including the insertion of blanks, standards and duplicates to ensure reliable assay results. Quality assurance and quality control data are monitored by the Company.

Qualified Person

Tom Dowrick, Director of Exploration at Zodiac Gold, is a Chartered Geologist of the Geological Society of London and a Qualified Person as defined by NI 43-101. He has reviewed and approved the technical and scientific information provided in this release.

 

About Zodiac Gold 

Zodiac Gold Inc. (TSX-V: ZAU) is a West-African gold exploration company focused on its flagship Todi Project situated in Liberia—an underexplored, politically stable, mining friendly jurisdiction hosting several large-scale gold and iron ore deposits. Strategically positioned along the fertile Todi Shear Zone, Zodiac Gold is developing a district-scale gold opportunity with additional iron ore potential, covering a vast 2,316 km2 land package. The Todi gold project has undergone de-risking, showcasing proven gold occurrences at both surface and depth, with five drill-ready targets, of which two have been drilled and high-grade gold intercepts.

For further information, please visit the Zodiac Gold website at www.zodiac-gold.com

Posted June 23, 2025

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