Zeus Resources Limited announced the Company has received assay results from rock chip sampling conducted at its Mortimer Hills Project in December 2021. Assay results were received for total of 15 surface rock chip samples collected whilst conducting detailed mapping of the Reid Well Base Metal Prospect prior to drilling. Maximum assay results were returned from ZEU044 (2.19% Cu) and ZEU046 (1.70 % Cu and 1.51% Pb).

Assay results have also been returned for a total of 30 rock chip samples collected from prospective granites and pegmatites throughout the tenement. These include rock chip samples at Zeus' new pegmatite discovery at `Pegmatite Creek' . Whilst lithium grades are low, this is to be expected due to the proximity to the parent granite, broad geochemical fractionation trends are evident within the pegmatite/granite.

Future mapping will attempt to better define these trends and locate exposed outcrops within the prospective Lithium target zone, interpreted to lie 500 ­ 3,000m out from the outcropping granite. Reconnaissance mapping located an elongate exhalative lens some 2-3m thick within a quartz-biotite-chlorite-sericite schist +/- garnet, tourmaline, and magnetite zone within the Morrissey Metamorphic Suite. Disseminated copper mineralisation, in the form of malachite, azurite and chalcocite (Figure 5) was initially traced for ~100m along strike length before disappearing under surficial cover.

Prior to drilling, detailed mapping conducted defined a further four variably mineralised exhalative barite lenses, extending the known strike length to over 300m and indicating that the Reid Well Base Metal Prospect is highly sheared with more competent barite lenses forming elongate lobes, stringers, and pods. Logging of RC drill chips showed that the mineralised lenses mapped at surface continue in the subsurface and dip ~ 45 degrees to the south. Minor to moderate indications of Cu mineralisation were consistently observed in RC drill chips within the barite zones with assay results from drilling (reported previously) returning generally low- to moderate- grades, albeit with localised higher-grade.