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Zeus Resources Ltd. ( (AU:ZEU) ) has shared an update.
Zeus Resources has reported high-grade assay results from initial trenching at its Casablanca Antimony Project in Morocco, confirming a robust quartz–stibnite system along the Smaala–Oulmès Fault Zone. A key intercept from Trench 1 returned a length-weighted average of 2 metres at 22.69% antimony, including a peak assay of 37.14%, while step-out Trench 1A, located 185 metres away, delivered 3 metres at 4.04% antimony, demonstrating strike continuity.
The results validate a dual-parameter geophysical signature identified in an earlier survey and support the existence of a significant mineralised structural corridor across the 78.6 square kilometre project area. With permitting now finalised for a further seven trenches along the four kilometre mineralised strike, Zeus is positioned to accelerate its trenching program, potentially upgrading the scale and attractiveness of Casablanca within the antimony exploration space.
The most recent analyst rating on (AU:ZEU) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Zeus Resources Ltd. stock, see the AU:ZEU Stock Forecast page.
More about Zeus Resources Ltd.
Zeus Resources Limited is a mineral exploration company focused on developing its Casablanca Antimony Project in central Morocco. The project targets high-grade antimony mineralisation along the Smaala–Oulmès structural corridor across a 78.6 square kilometre licence area, aiming to define scale potential in a critical minerals segment.
Average Trading Volume: 1,011,591
Technical Sentiment Signal: Sell
Current Market Cap: A$7.9M
Find detailed analytics on ZEU stock on TipRanks’ Stock Analysis page.