Zeus Resources Ltd. (AU:ZEU) has released an update.
Zeus Resources Ltd. has announced the acceptance of their tenement application ERA1265 in South Australia, as the company maintains its expenditure within budget and closes the quarter debt-free with A$1.576 million in cash. The quarter saw corporate reshuffling, with Mr. Yicheng Zhang resigning and Mr. Roberto Roderio Marusco taking over as a non-executive director, while no significant mine production or development activities were reported. Zeus is actively preparing for exploration in the Olary region, though fieldwork on other projects was postponed due to summer heat.
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