Zeus Resources (ASX:ZEU) received written confirmation from the South Australian government that the company's tenement EL7058 in its Kalabity project has been granted, according to a Tuesday Australian bourse filing.
The tenement was granted on March 26 for six years, expiring March 25, 2031.
The tenement has the potential for uranium, rare earth elements, gold, base metal, and lithium mineralization.