Explains the buying lately.
Newly acquired Tanzanian subsidiary Zeus Resources (T) Ltd. granted seven Tanzanian
Exploration Licenses
License areas include Minjingu in Northern Tanzania along with Mkuju, Liwale, Foxy
and Eland in Southern Tanzania
Tanzanian exploration portfolio now covers over 1,764km 2 with a focus on Gold and
Uranium
Gladiator Resources Ltd (ASX:GLA) (Gladiator or the Company) is pleased to announce that all seven exploration
licenses applied for by Zeus Resources (T) Limited (Zeus Resources) covering over 1,764km 2 of highly prospective
exploration tenements located in Tanzania, East Africa (Tanzania Project) have now been granted by the
Tanzanian Mining Commission.
Gladiator Resources Chairman, Ian Hastings commented:
“We are pleased to see that the seven Tanzanian exploration licenses applied for by Zeus have now been
granted. This paves the way for Zeus’ on the ground team to commence planning initial exploration work
and to secure and examine the significant amount of data generated on these projects by their historical
owners. The Company is excited by this extensive portfolio and expects to progress exploration as soon
as possible.”
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