Zodiac Gold Completes Soil Geochemical Survey and Identifies New Critical Mineral and Gold Anomalies in Liberia
MT newswire2026/09/28 14:42Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:42 AM EDT, 09/28/2026 (MT Newswires) -- Zodiac Gold (ZAU.V) completed a soil geochemical survey across an area of 530 square kilometers that identified gold, nickel, cobalt, chromium and copper anomalies within the company's licenses, it said Monday. The survey within its Bomi South and Bong West licenses in Liberia, identified coincident gold and arsenic anomalism in discrete east-west trending zones across the sampled area, with individual anomalies up to 2.5 km in length. Another zone showed gold anomalism in close proximity to a northwest trending Todi Shear Zone structure, added the company. "The Ministry's national survey data first pointed us to the critical minerals potential across this license package," said Zodiac Gold Chief Executive Officer David Kol. "What our own soil sampling and pXRF program has now confirmed is that those indications are real, they are coherent over multiple kilometres and in several elements." "Combined with the gold pathfinder trend we're seeing in arsenic, this tells us we could be sitting on more than one mineralizing system within a single license block," Kol added. Zodiac Gold plans to integrate the results with ongoing work at its Todi Gold Project in Liberia and prioritize the nickel-cobalt-chromium-copper and gold-arsenic trends identified for follow-up infill soil sampling and geological mapping, followed by potential trenching and target definition depending on results, added the company. The company's shares were last seen down CA$0.015, or 4.3%, at CA$0.33 on the TSX Venture Exchange. Price: 0.33, Change: -0.02, Percent Change: -4.35
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