BUZZ-Australia's Zenith Minerals gains on gold prospect in Queensland project

Reuters

01-20

BUZZ-Australia's Zenith Minerals gains on gold prospect in Queensland project

** Shares of Zenith Minerals ZNC.AX rise 8.6% to A$0.038, set for best day since Oct 30

** Stock surged as much as 17.1% earlier, its biggest intraday gain since early March, 2024

** Miner finds gold mineralization in multiple holes at Red Mountain project in Queensland

** Trading vol of 905,714 shares is 4.4x the 30-day avg

** Stock fell 73.3% in 2024

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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