Zeus Resources Ltd (ASX: $ZEU) Quarterly Report & Appendix 5B

Zeus Resources Ltd (ASX: $ZEU) is pleased to present its Quarterly Report & Appendix 5B for the quarter ended 30 June 2024. The company currently holds eleven granted tenements and applications net of application withdrawals & ballots. The firm has received firm commitments of $551,137 as part of a Placement. The corporate office has been relocated to South Perth, Western Australia.

Executive Commentary on Projects and Corporate Update

The Company is actively engaged in reviewing all the projects and updating exploration strategies accordingly. The Kalabity tenement application has been accepted and is being processed, with potential for uranium, REE, and lithium mineralisation. The Company is enthusiastic about its presence in South Australia and is looking forward to the grant decision for the tenement. The Company plans to focus on mapping and sampling the outcropping pegmatites at Kalabity. Additionally, Zeus intends to carry out detailed mapping and geochemical sampling for the Blue Hill/Wydgee Project once the tenements are granted. The Company is also planning reconnaissance mapping and geochemical sampling for the Musgrave Project. The Company's financial position will be strengthened with the funds raised under the Placement, which will also facilitate readmission to trading status on the ASX and be applied to the Company's projects and assessment of new projects or opportunities.

Summary of Quarterly Report and Outlook

Zeus Resources Ltd (ASX: $ZEU) has provided a comprehensive Quarterly Report & Appendix 5B, outlining its projects update, exploration programs, and corporate update. The Company is actively engaged in reviewing all the projects and updating exploration strategies accordingly. The Company's ambitions include focusing on potential exploration targets at Kalabity, Blue Hill/Wydgee Project, and the Musgrave Project. The funds raised under the Placement will strengthen the Company's financial position, facilitate readmission to trading status on the ASX, and be applied to the Company's projects and assessment of new projects or opportunities. Zeus Resources Ltd looks forward to the grant decision for the tenement at Kalabity and the successful execution of its exploration plans for the various projects.