Fortbridge Media ReleaseZamia Metals [ASX: ZGM] - Quarterly Report, June 2011Zamia Metals (ASX: ZGM) has released its Quarterly Report for the period ending 30 June 2011.
Highlights:
* On 20 June, independent resource consultants, Hellman & Schofield Pty Ltd (H&S) provided an updated Inferred Resource estimate for the Anthony molybdenum (mo) deposit
* A programme of reverse circulation (RC) percussion drilling, that commenced in November 2010, was completed in May 2011 with a total of 30 holes drilled. Available assay results were incorporated into the June resource estimation.
* A new diamond drilling programme commenced in June. This comprises diamond tails on existing RC holes designed to test the continuation of Mo mineralisation to depths up to 500m.
* A successful capital raising was completed in April 2011 with 28,086,000 fully paid ordinary shares places at 10.5 cents.
Please find details in the full report by visiting:
For further information, please contact:
Ken Maiden
Executive Chairman
Zamia Metals
T: + 61 2 8223 3744
Media enquiries:
Bill Kemmery
Fortbridge Consulting
T: +61 2 9331 0655
M: +61 400 122 449
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