Zeus Resources Ltd. Stock Analysis ZEU.AX

Zeus Resources Ltd. is an exploration company, which engages in identification and exploration of lithium, potash and other metal resources. The firm holds 12 granted tenements and applications. These tenements include five granted tenements: one at Wiluna, two at Kalabity and two at Wydgee. There are seven applications for new tenements, including three adding to the Mortimer Hills Project, one adding to the Wiluna Project, one adding to the Blue Hill Project and two adding to the Kalabity Project. The Wiluna Project consists of one granted exploration license (EL), E53/1603, and one EL application, E53/2197, located near the township of Wiluna, approximately 540 km north of Kalgoorlie. The Mortimer Hills Project comprises three EL applications (E09/2791, E09/2798 and E09/2874), located over five kilometers (km) east southeast along the strike from DLI’s Yinnietharra Lithium Prospect. The company also owns six exploration licenses with an area of approximately 79 square kilometers (km2) comprising the Casablanca Antimony Project located in central Morocco.