Casablanca – Australian mining company Zeus Resources Ltd (ASX: ZEU) has announced encouraging geophysical results from its Casablanca Antimony Project (CAP) in Morocco, pointing to high-grade mineralization and positioning the project for a significant trenching and drilling program.
The recent geophysical campaign covered approximately 16 kilometers of survey lines using resistivity and induced polarization (IP) techniques. These surveys identified both shallow anomalies and zones that continue to depth, closely associated with quartz-stibnite veins previously mapped on the site. According to Zeus, the anomalies strengthen with depth, often exceeding the survey’s 200-meter imaging limit, suggesting a robust mineralized system with strong potential for further discovery.
“The survey results confirm the presence of both shallow anomalies and continuous zones at depth, directly aligned with mapped stibnite veins,” said Hugh Pilgrim, Executive Director of Zeus Resources.
From geophysics to field testing
Following these promising results, Zeus is preparing to launch a trenching program aimed at testing the surface expressions of the most significant anomalies. The information gathered from trenching will then guide a targeted drilling campaign, designed to intersect sub-vertical mineralised structures. Inclined drilling will complement vertical holes to fully evaluate the extent and orientation of the mineralization.
Previous surface rock sampling has already highlighted the project’s potential, with several samples returning antimony grades above 10% Sb. Some samples, particularly from the southern portion of the license, reached exceptional grades up to 46.5% Sb, underscoring the potential for high-grade antimony resources at Casablanca. The alignment of these surface results with geophysical anomalies gives Zeus a high level of confidence in the accuracy of its exploration model.
Why antimony matters
Antimony is recognized as a critical mineral by the United States, European Union, Japan, and Australia due to its essential applications across strategic industries. The metal is used in flame retardants, lead-acid batteries, and semiconductors, all of which are key components in electronics, transportation, and energy storage.
Global supply is heavily concentrated in China, creating potential vulnerabilities in the antimony supply chain for Western economies. New sources, like those potentially offered by the Casablanca Project, are therefore of strategic importance.
“The combination of high-grade surface samples and strong geophysical signatures makes Casablanca a project of considerable strategic relevance,” industry analysts note.
Morocco: A growing mining destination
Zeus Resources’ project benefits from Morocco’s investment-friendly mining environment, which is characterized by a modern regulatory framework, political stability, and economic security. The country’s proximity to European markets and access to a skilled workforce further enhance its appeal to international investors.
Morocco has increasingly positioned itself as a preferred destination for mining operations, offering an attractive mining code, strong geological potential, and established infrastructure. These factors support the development of critical mineral projects such as Casablanca and reinforce the project’s attractiveness to both investors and strategic partners.
Planned exploration strategy
Zeus is executing a methodical and phased exploration strategy for the Casablanca Project:
- Completed: Ground IP and resistivity surveys identifying key structural trends and anomalies
- Upcoming: Trenching to verify and sample surface expressions of high-priority targets
- Next: Drilling program targeting anomalies at depth, with a combination of inclined and vertical holes to fully test sub-vertical structures
This approach is designed to reduce exploration risk, maximize resource definition, and systematically advance the project toward a potential high-grade antimony discovery.
Investment and strategic implications
For investors, Zeus Resources represents a compelling opportunity to gain exposure to a critical mineral with increasing global demand. Key factors enhancing the project’s appeal include:
- High-grade potential confirmed by previous sampling (up to 46.5% Sb)
- Geophysical confirmation of mineralised targets, reducing exploration uncertainty
- Strategic location in Morocco with a mining-friendly environment and skilled local workforce
- Strong alignment with global supply needs for antimony, a critical mineral
With trenching set to begin and drilling to follow, the Casablanca Project is positioned to deliver significant exploration news flow, potentially establishing a new source of high-grade antimony in a geopolitically advantageous region.
Looking ahead
As global demand for antimony continues to grow, Zeus Resources’ systematic exploration of CAP could place the company at the forefront of a strategically important supply chain. The combination of high-grade surface samples, promising geophysical results, and a clear path to drilling makes Casablanca a project to watch in the coming months.
Investors and industry watchers will be closely monitoring Zeus Resources as the company progresses through its trenching and drilling campaigns, with the potential to unlock a significant antimony resource in Morocco.
