Fortbridge Media ReleaseZamia Metals [ASX: ZGM] - Two-track strategy for AnthonyZamia Metals Limited (ASX: ZGM) updates on developments in the Companys strategy as it looks to advance the Anthony molybdenum project in Central Queensland.
Key points:
* Two-track strategy includes advancing the Anthony molybdenum project, and targeting of gold and copper resources in the Clermont district
* Regional exploration program established for gold and copper at Clermont
* Metallurgical testing to be undertaken ahead of further drill campaigns on the Anthony project
* Attractive corporate funding commitment achieved
Earlier in the year, Zamia announced a two-track strategy that would see the Company advance the Anthony project and, secondly, target the establishment of other resources on the Companys large tenement portfolio in the Clermont district.
The Board has since committed to a number of initiatives as part of this strategy, summarised in the attached announcement.
For further information, please contact:
Ken Maiden
Executive Chairman
Zamia Metals
T: + 61 2 8223 3744