Zeus Resources (ASX:ZEU) has applied for 2 new tenements Jackie Junction (E69/4147) and Warburton East (E69/4148), located 1,000km northwest of Kalgoorlie and 1,600km northwest of Perth in the Musgrave region of Western Australia.
The company states that once both tenements have been granted, Zeus plans to conduct reconnaissance mapping and geochemical sampling to determine the outcropping lithologies.
Additionally, this initial reconnaissance exploration will be followed up with targeted mobile metal ion (MMI) soil sampling, intended to interpret available geophysical data on spaced grids to uncover any geochemically anomalous areas.
Zeus states any MMI anomalous areas uncovered will be followed up with aircore/RAB, and eventually reverse circulation (RC) drilling.
Commenting on the application of the 2 tenements, Zeus Resources Executive Director, Jian Liu says: “We are pleased about applying for another two tenements in the Musgrave area. These 2 big new tenements will bring Zeus more diversification in commodities including nickel, gold, REEs, and base metals.”
The tenements cover an area of about 281km-square and 120km-square of the West Musgrave greenstones and granitic rocks. This area is ‘highly’ prospective for nickel, gold, rare earth elements (REE), and base metals.
Zeus Resources reports the Jackie Junction tenement bedrock geology is interpreted to be Warakurna Supersuite granites, with layered mafics correlated with Giles Complex.
In addition, this is equivalent to mafic rocks, which have been discovered at the Babel and Nebo nickel deposits, located about 80km to the southeast, crossing the north of the tenement.
The company reports that the second tenement, Warburton East’s bedrock geology is interpreted to be Bentley Supergroup sediments, which are overlain by the Lupton Formation to the south. Additionally, the tenement lies towards the southwestern margin of the Talbot Sub-Basin, comprising the Bentley Supergroup.
Zeus Resources is an ASX-listed company, incorporated as Zeus Uranium on 6 October 2009. The company’s primary focus was on identifying and acquiring uranium exploration projects but has now expanded to a range of commodities, including copper and gold throughout Australia and internationally.
Images: Zeus Resources Ltd
