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Zeus Resources Limited (ASX:ZEU)

ALERT: Price-sensitive ASX Announcement for ZEU
Current share price for ZEU : $0.008 -0.004 (-31.82%)+
Announcement
Release
3 Mar 2026 12:03PM
Price at Release
$0.011
Full Release
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Summary
Zeus Resources Limited announced exceptional results from the initial trenching at the Casablanca Antimony Project in Morocco. The assays from Trench 1 (T1) and Trench 1A (T1A) confirmed high-grade antimony mineralization, with T1 yielding a length-weighted average intercept of 2 meters at 22.69% Sb, peaking at 37.14% Sb. T1A, located 185 meters along strike, returned 3 meters at 4.04% Sb. These findings confirm the presence of a significant quartz-stibnite system within the Smaala–Oulmès Fault Zone, underscoring the project's potential. The ongoing exploration includes additional trenching to further delineate the mineralized structure and prepare for a drilling campaign scheduled for Q2 2026.
Key Points
  • High-grade assays confirm discovery in Trench 1 with 2m @ 22.69% Sb.
  • Peak assay of 37.14% Sb from massive stibnite mineralisation.
  • Strike continuity confirmed 185m away in Trench 1A with 3m @ 4.04% Sb.
  • Geophysical survey identifies high chargeability/high resistivity signature.
  • Permitting finalized for remaining seven trenches along the 4 km strike.
  • Trenching results confirm the robust quartz-stibnite system.
  • Exploration rapidly advances to test the remaining 3.8 km of strike.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.