Zeus taps into Newmont’s Morocco database
ASX-listed exploration company Zeus Resources is on an accelerated path to project identification and acquisitions in Morocco, announcing on Monday that it has executed a five-year licence agreement to gain access to gold major Newmont’s database in that country.
The licence provides Zeus with immediate access to Newmont’s Morocco exploration database and Morocco regional framework study, representing years of systematic regional work across the Anti-Atlas and Central Meseta regions – globally recognised for their gold, base metal and critical mineral potential.
“This positions us to rapidly assess prospectivity, generate high-quality targets, and direct exploration efforts towards areas with the greatest discovery potential,” said executive director Hugh Pilgrim.
He explained that the database provided Zeus with a competitive advantage by enabling confident target selection and efficient use of exploration resources. “The integration of comprehensive exploration datasets will streamline prospectivity analysis, reduce early-stage risk, and allow the company to progress quickly from assessment to acquisition and on-ground exploration.”
The licence has a five-year nonexclusive term. Should Zeus acquire any direct or indirect interest in property located wholly or partially within the regions, it would notify Newmont and execute a royalty agreement granting the major a 1% net smelter return royalty on any acquired property.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation