Zuleika Gold (ASX: ZAG) – Menzies focused gold explorer

 

COMPANY SCOREBOARD

Pro PlusProCon PlusCon
 
  • Mark Creasy holds 20%
  • Chinese controlled business
 

ABOUT COMPANY

Zuleika Gold (ZAG) (https://zuleikagold.com.au/) explores gold in Western Australia. Its flagship is the Zuleika Gold Project in the Menzies region.

CAPITAL STRUCTURE

Mark Creasy (Yandal Investments) holds 42% plus another 213m 2c option.

All unlisted options and performance rights are price-sensitive between 6c and 10c expiring at the end of 2023.

FLAGSHIP ASSETS

Menzies Gold Project WA

Project Data

The Company drilled 23,370m in 2021 and planned to drill another 20,000m in 2022.

SUMMARY

The company will not only need Mark Creasy’s money but his time and expertise to rejuvenate its projects.