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ZEOTECH LIMITED — Interim / Quarterly Report 2017
Oct 30, 2016
66115_rns_2016-10-30_09e8d8ee-90c0-4894-81ff-23321ee7e794.pdf
Interim / Quarterly Report
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Level 4, 216 St Georges Terrace, Perth, WA, 6000, Australia PO Box 7315, Perth, WA, 6850, Australia T : +61 8 6268 2698 F : +61 6268 2699
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Quarterly Activities Report Quarter Ended 30 September 2016
Kimsa Orcco Project – Peru
(Patacancha Tenements – 100% Laconia)
As previously reported, shareholders approved the disposal of the Company’s Peruvian mineral interests to Andes Exploration of Peru Numero Dos Sac ( Andes ) and Sallka Uno Y Dos Sac ( Sallka ).
The Peruvian tenement portfolio comprises the Kimsa Orcco Project:
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Patacancha N[o] 1;
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Patacancha N[o] 2;
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Patacancha N[o] 3; and
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Patacancha N[o] 4.
Subsequent to the end of the quarter, on 18 October 2016, the company announced that the disposal of the Company’s Peruvian mineral interests has now been completed with confirmation of finalization of the transfer process.
701 Mile Project – Precious and Base Metals, Pilbara WA
(E52/2688 – 80% Laconia: mineral rights excluding manganese and iron and 70% Laconia: manganese and iron rights)
No field work was carried out during the quarter.
Corporate
The Company is actively seeking potential new project opportunities.
As part of this process the Company is reviewing a number of potential resource projects.
These discussions are incomplete and subject to final negotiation and agreement on terms and consideration, including preliminary due diligence.
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Level 4, 216 St Georges Terrace, Perth, WA, 6000, Australia PO Box 7315, Perth, WA, 6850, Australia T : +61 8 6268 2698 F : +61 6268 2699
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Tenement Information as required by Listing Rule 5.3.3
The following is a table setting out the information as required by ASX Listing Rule 5.3.3, namely:
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Mining tenements held at the end of the Quarter and their location;
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Mining tenements disposed during the Quarter and location;
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Beneficial percentage interests held in farm-in or farm-out agreements at end of Quarter; and
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Beneficial percentage interests held in farm-in or farm-out agreements acquired or disposed of during the Quarter.
| Location | Mining Tenement | Ownership | Acquired or Disposed |
|---|---|---|---|
| Peru (Ayacucho) | Patacancha No 1–(i) | 100% | (i) |
| Peru (Ayacucho) | Patacancha No 2–(i) | 100% | (i) |
| Peru (Ayacucho) | Patacancha No 3–(i) | 100% | (i) |
| Peru (Ayacucho) | Patacancha No 4–(i) | 100% | (i) |
| Peru (Puno) | Jess Gold 1 | 100% | N/A |
| Peru (Moquegua) | Jess Iron 1 | 100% | N/A |
| Western Australia (NorthernGascoyne) |
E52/2688-I* | 80%** | N/A |
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I = Iron Ore Endorsement
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** Mineral rights held by Laconia Resources Ltd (80%) and Pandell Pty Ltd (20%). Manganese and iron ore rights held by Laconia Resources Ltd (70%) and Pandell Pty Ltd (30%).
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(i) As announce on 18 October 2016, the disposal of the Company’s Peruvian mineral interests has now been completed with confirmation of finalization of the transfer process.
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