Zuleika Gold Limited (ASX:ZAG)

Annie Guo
MD
Market Cap (AUD): 15.58M
Sector: Materials
Last Trade (AUD): 0.038 +0 (+0%)
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1. About

Zuleika Gold Limited (ASX:ZAG), formerly Dampier Gold Limited, is a gold exploration and mining company with four major exploration projects and one development project, namely a farm-in Joint Venture on the K2 Gold Mine in the East Murchison Goldfields in Western Australia.

Zuleika Gold in October 2019, entered into Farm-in Joint Ventures with Torian Resources Limited (ASX:TNR) whereby Zuleika has the rights to earn into two areas adjacent to Kalgoorlie, namely Zuileika Gold (75%) and Credo Well (50%) in a region which has produced >20 million ounces of gold. The region has a number of mines currently being operated by Evolution Mining Limited (ASX:EVN), Northern Star Limited (ASX:NST) and the largest Chinese gold producer, Zijin Gold.

Zuleika Gold has acquired interest (80%) in two tenements north of the gold mining centre of Kalgoorlie at Menzies (196 km²) and Goongarrie (154 km²) and now has a presence in the gold-rich Kalgoorlie region.

Zuleika Gold 100% over ~1,000 km² of exploration tenements covering several ancient paleo river channels in the Kimberley Region of Western Australia, referred to as the Ruby Plains Placer Gold Project. The company also has the right to earn up to a 50% equity interest in the partially developed K2 Gold Mine under a binding farm-in joint venture  with Vango Mining Limited (ASX:VAN).

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk