Zamia Metals Limited Stock Market Press Releases and Company Profile

Perth, Oct 3, 2008 (ABN Newswire) - Technical Director of Zamia Gold Mines Limited (ASX:ZGM) Sam Lees is interviewed by Brian Carlton regarding the company's current activity and outlook on the molybdenmum discovery in Clermont region of central Queensland and other gold, silver and copper deposits.

Listen to the Audio Cast:
http://abnnewswire.net/alnk/A5C17135

Clermont has a long history of gold and base metal mining dating back to 1862. The region produced more than 400,000 ounces of gold and includes the historic Peak Downs, the first copper mine in Queensland. Since 1980, 20 new, mostly epithermal style gold deposits and prospects have been discovered in the region.

ZGM holds Exploration Permits (EPMs) covering nearly 2,400 km2. The tenement package covers the south eastern portion of the Drummond Basin and the adjoining Anakie Inlier.

A molybdenum (Mo) deposit was discovered in early 2008 at Zamia's Anthony Prospect. The drilling results are showing extensive mineralisation with grades up to 1920 ppm (part per million) Mo. With mineralisation open in all directions, this could potentially become a world-class porphyry style deposit.

Zamia's tenement package also includes a number of other possible porphyry molybdenum and porphyry copper-gold targets

Within the Drummond Basin volcanic sequence ZGM has recognised a major caldera structure. Elsewhere volcanic calderas are known to host major epithermal gold deposits.

About Zamia Metals Limited

Zamia Metals Limited ASX:ZGMZamia Metals Limited (ASX:ZGM) is an Australian mineral exploration company, targeting the Clermont district of central Queensland, a known gold and emerging porphyry mineral province. Numerous targets for gold, copper and molybdenum have been identified by geochemical and geophysical surveys. The Clermont district is highly prospective for gold, copper and other metals including molybdenum. The Belyando Gold Project is Zamia's flagship project – potentially a porphyry-style gold deposit including historic Belyando Gold Mine

abnnewswire.com 


Contact

Colin Seaborn
Executive Director
Zamia Gold Mines Ltd
T: +61-2-8223-3744
F: +61-2-8223-3799
Mob: +61-419-841829


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