Zodiac Gold Launc h es Detailed Pre - Drilling Surface Mapping and Sampling Program at Its Alasala Target
Zodiac Gold Launc h es Detailed Pre - Drilling Surface Mapping and Sampling Program at Its Alasala
Target
Toronto, ON , May 1 , 2024 - Zodiac Gold Inc. (“ Zodiac Gold ” or the “ Company ”) (TSX.V: ZAU ) , a West -
African gold exploration company , is pleased to announce d it has launched a detailed mapping, channel
sampling, and rock chip sampling program at its Alasala target , part of the Company's flagship Todi Project
situated in Liberia . The fieldwork will encompass the compilation of all surface data, exposed shear zones
and hard rock artisanal gold mining sites displaying visible gold, and historical data. The program is
expected to provide crucial insights into the geology and mineralization of the area, serving as the
foundation for designing a drill program at the Alasala t arget.
Alasala is a drill - ready target with a continuous and well defined 2.0 km long and 250 m wide
mineralization trend delineated by soil sampling, trenching, channel sampling and auger drilling as well as
extensive artisanal workings with visible gold . Zodiac Gold has previously completed significant
exploration work at the Alasala t arget including:
Drilling Highlights: 19.6m at 6.17g/t Au, 6.0m at 7.69 g/t A u, and 9.0m at 4.46 g/t Au ;
Trench Highlights: 14m at 1.35 g/t Au, 30m at 0.35 g/t Au, 6m at 1.24 g/t Au, and 14m at 0.48g/t A u;
and
Rock Chip samples of up to 107 g/t Au
Figure 1 Overview of extensive arƟsanal mining works at Mandingo Hill, Alasala
Figure 2 CompilaƟon map of Alasala target highlighƟng the significant results of exploraƟon work
completed to date
Figure 3 Lion Hill hard rock arƟsanal mining site with exposed shear zone
Management Commentary
David Kol, President & CEO of Zodiac Gold, expressed optimism about the recent launch of the program,
emphasizing the importance of further defin ing another drill ready target. “The Alasala target has
tremendous upside with many high - grade intercepts strongly indicating another gold discovery and
substantial resource potential."
About Zodiac Gold
Zodiac Gold Inc. (TSX.V:ZAU) is a West - African gold exploration company focused on its flagship Todi
Project situated in Liberia — a n underexplored, politically stable, mining - friendly jurisdiction hosting
several large - scale gold deposits. S trategically positioned along the fertile Todi Shear Zone, Zodiac Gold
is developing a district - scale gold opportunity covering a vast 2,316 km 2 land package. The project has
undergone de - risking, showcasing proven gold occurrences at both surface and depth, with five drill -
ready targets and high - grade gold intercepts.
Qualified Person
Efdal Olcer, Vice President of Exploration at Zodiac Gold, is a member of the Society of Economic
Geologists, Geological Society of London, Australian Institute of Geoscientists, the Society of Geology
Applied to Mineral Deposits, and the Turkish Association of Economics Geologists and a Qualified Person
as defined by NI 43 - 101. He has reviewed and approved the technical and scientific information provided
in this release.
For further information, please visit the Zodiac Gold website at www.zodiac - gold.com or contact:
David Kol
President & CEO
info@zodiac - gold.com
Forward L ooking I nformation
This news release includes certain “forward - looking statements ” within the meaning of Canadian
securities legislation.
Forward - looking statements include predictions, projections, and forecasts and are often, but not
always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”,
“forecast”, “expect”, “potential”, “project”, “target”, “s chedule”, “budget” and “intend” and
statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and
other similar expressions and includes the negatives thereof. All statements other than statements of
historical fac t included in this release, including, without limitation, statements regarding the
Company’s planned exploration programs and drill programs and potential significance of results are
forward - looking statements that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future events could differ materially
from those anticipated in such statements. Forward - looking statements are based on a number of
material factors and assum ptions. Important factors that could cause actual results to differ materially
from Company’s expectations include actual exploration results, changes in project parameters as plans
continue to be refined, results of future resource estimates, future metal prices, availability of capital,
and financing on acceptable terms, general economic, market or business conditions, uninsured risks,
regulatory changes, defects in title, availability of personnel, materials, and equipment on a timely
basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated
environmental impacts on operations and costs to remedy same, and other exploration or other risks
detailed herein and from time to time in the filings made by the Company with securities regulators.
Although the Company has attempted to identify important factors that could cause actual actions,
events, or results to differ from those described in forward - looking statements, there may be other
factors that cause such actions, ev ents, or results to differ materially from those anticipated. There can
be no assurance that forward - looking statements will prove to be accurate, and accordingly readers are
cautioned not to place undue reliance on forward - looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.