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zeta resources ltd (ZER) Snapshot

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07/22/14 - A$0.71
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07/26/13 - A$0.40
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zeta resources ltd (ZER) Details

Zeta Resources Limited, through its subsidiary, Kumarina Resources Limited, explores and develops copper and gold projects in Australia. It holds interests in the Ilgarari copper project and the Murrin Murrin gold copper project that are located in Western Australia. The company is based in Hamilton, Bermuda.

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zeta resources ltd (ZER) Key Developments

Zeta Resources Limited Reports Operational Results for the Quarter Ended March 31, 2014

Zeta Resources Limited reported operational results for the quarter ended March 31, 2014. For the quarter, the company has completed pre collar drilling in preparation for three diamond drill holes at the Ilgarari Copper project. The program has been designed to test two major cross cutting faults that lie bellow the Ilgarari copper workings. The faults are considered to be a possible source of the primary copper mineralisation that has been identified within the Ilgarari shear. Diamond drilling has commenced and it will take approximately 3 weeks to complete the planned holes. Core from the program will be examined on site with XRF scanners before shipping to Perth. Funding of up to $150,000 has been approved by the DMP through the Exploration Incentive Scheme. Murrin Murrin Copper/Gold Project During the quarter the company released a JORC 2012 compliant resource for the Malcolm Challenger deposit which is classified under the indicated category and is estimated to contain 547,000 tonnes averaging 3.12 grams per tonne for 54,875 ounces (1 g/t cut-off grade).

Zeta Resources Limited Reports Consolidated Earnings Results for the Six Months Ended December 31, 2013

Zeta Resources Limited reported consolidated earnings results for the six months ended December 31, 2013. For the period, the company reported revenue of $4,444,043. Profit before tax was $3,248,911. Profit for the period was $3,248,911. Basic and diluted profit per share was 0.06 cents. Net cash flows used in operating activities was $849,035 against net cash from operating activities for the ten months ended December 31, 2012 was $2,648,907. Revenue from ordinary activities was $3,923,659. Net profit for the period attributable to members was $3,248,911.

Zeta Resources Limited, Annual General Meeting, Nov 13, 2013

Zeta Resources Limited, Annual General Meeting, Nov 13, 2013. Agenda: To re-elect Marthinus (Martin) Botha as a director; and to appoint KPMG Inc (South Africa) as auditors.


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