Zenith Minerals Limited has secured US$543,000 from the sale of its 20% equity stake in the Kavaklitepe Gold Project in western Turkey. The company has executed a binding Share Transfer Agreement with Gübretaş Maden Yatırımları A.Ş., following an earlier non-binding agreement announced in late March 2025. The full purchase price is backed by an unconditional bank guarantee, providing strong payment assurance. Approval from the Turkish General Directorate of Petroleum and Mining Affairs (MAPEG) remains the final step before the transaction is completed, with expectations this regulatory approval will be received within the next 14 days and formal settlement anticipated in the June quarter of 2025. This transaction marks a strategic move for Zenith Minerals Limited. By divesting its interest in a project that is transitioning into a more capital-intensive phase, the company will be able to eliminate its financial and operational obligations related to the Kavaklitepe Gold Project. The proceeds are slated for reinvestment into Zenith’s core gold portfolio in Australia, notably accelerating exploration efforts at Dulcie Far North and Red Mountain projects. Recent exploration successes at Dulcie Far North, including a completed 40-hole RC drilling program and ongoing updates to the JORC Mineral Resource Estimate, further underscore the company’s focus on enhancing shareholder value through robust exploration activities. Bullish sentiment centers on the improved financial position and streamlined focus that the transaction delivers to Zenith Minerals Limited. The secured funds and reduction of liabilities allow for the reallocation of capital into high-potential gold exploration ventures in Australia. This sharper focus on core assets and recent positive drilling results could benefit investors looking for a company with a clear strategic direction and potential for growth. Bearish sentiment, however, may highlight uncertainties such as the reliance on timely regulatory approval from MAPEG, a potential delay of which could impact the transaction timeline. Additionally, while the divestment improves the balance sheet, some market participants might be concerned about reduced international asset diversification, preferring the broader exposure that an international project can sometimes offer.