Zeus Resources Ltd. (AU:ZEU) has released an update.
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Zeus Resources Ltd. has announced the grant of a six-year exploration license EL7008 by the South Australian Government, covering a 148 km2 area with potential for uranium, REE, gold, base metal, and lithium mineralisation. The tenement is situated near Olary and Adelaide and is deemed prospective based on historical geological data and the geological continuity from adjacent projects. The company plans to prioritize the exploration of pegmatites within the area, which are considered promising for lithium and REE.
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