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Zeus Resources Ltd, Quarterly Activities Report for Period Ending 31 March 2013

The Board of Zeus Resources Limited is pleased to release its first Quarterly Activities Report for the period ending 31 March 2013.

Highlights

-  Zeus Resources Ltd (‘Zeus’ or ‘the Company’) commenced trading on the ASX on 21 January 2013, after closing its successful IPO raising about $11.2M net of fees and costs of listing.

-  Chairman of China Metallurgical Geology Bureau (Chinese State-Owned Entity and parent of 32% Zeus shareholder, ZIMC), Mr Lu Jin, came to Sydney to attend a special listing ceremony for our major shareholders at the ASX on 19 February 2013, whereupon Mr Lu made a strong public statement about CMGB / ZIMC’s ambitions for building Zeus into a “major multi-commodity mining house in Australia”. Zeus management and board are already actively identifying and assessing a number of investment opportunities.

-  New directors appointed from the Company’s major shareholders. Mr Chuanxi Ding elected as Chairman.

-  Planning for the 2013 exploration program is well advanced, with geophysical contracts about to be let and preparations underway for permitting of initial drilling programs.


To view Report  please download PDF below:

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