Zeta Resources Ltd

Zeta Resources Limited is a closed-end investment company investing in a range of resources entities, including those focused on bauxite, gold, copper, nickel, graphite, oil & gas and base metals exploration and production.

The company's largest holding is a 42.9% stake in Koumbia Bauxite Investments which owns a bauxite project in Guinea, West Africa with Horizon Gold as Zeta's second-largest holding at 14%, owns the Gum Creek Gold Project in Western Australia which mineral resources of 44.45 million tonnes averaging 1.50g/t Au containing 2.14 million ounces of gold.

Other major investments for Zeta Resources include an 8% interest in Alliance Nickel and an 8% stake in Panoramic Resources. Alliance Nickel is focused on the exploration and development of nickel sulphide deposits in Greenland, while Panoramic Resources is an established nickel sulphide producer with operations in Western Australia. 

At month-ends of September and October 2023, Zeta had A$2.8m and A$1.2m  in net cash respectively where gold, and nickel were the largest movers. As an investment company, Zeta aims to maximize total returns for shareholders by identifying and investing in resource companies where the underlying value is not reflected in the market price. With interests spanning early-stage exploration through to production assets, Zeta's portfolio provides exposure to a range of commodities and jurisdictions.