Earnings release
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zeotech 27 October 2021 QUARTERLY ACTIVITIES REPORT Quarter Ended 30 September 2021 Emerging mineral processing technology company , Zeotech Limited ( ASX : ZEO , " Zeotech " or " the Company " ) provides the following quarterly update and commentary for the September 2021 quarter . HIGHLIGHTS • • • Griffith University agronomic studies deliver promising results ; Collaboration targets global Mycotoxin animal feed additives industry ; and Zeotech to acquire one of Australia's highest grade kaolin projects held within an approved mining lease . SYNTHETIC ZEOLITE MINERAL PROCESSING TECHNOLOGY Griffith University agronomic studies deliver promising results On 6 September 2021 , the Company announced that it had received promising results from agronomic studies undertaken by Griffith University ( " GU ” ) . The results follow a nine - month GU research program ( " Pilot " ) that commenced in November 2020 , titled Exploring Agricultural Applications for Synthetic Zeolites¹ . GU's nine - month Pilot trial revealed that there is considerable potential to develop Zeotech products that offer solutions for large - scale agricultural challenges . The results provide confidence in the use of synthetic zeolites to develop an economically compelling fertiliser delivery platform , which offers multiple adjunct benefits including the potential for CO2 sequestration , as well as the application of synthetic zeolites as an agricultural pollutant treatment . Highlights : • • GU's Pilot results highlight significant potential for development of Zeotech products ; The agronomic studies showed that synthetic zeolites were capable of : - - High nutrient retention and exceptionally high phosphorus retention ; Pesticide removal and compound breakdown ; Enhanced moisture retention ; and Decreased soil acidification ; Zeotech to progress a follow up , comprehensive GU research program ; and Initial results and follow up study to underpin product development initiatives allowing Zeotech to target major commercial opportunities . 1 Refer to ASX announcement 28/09/2020 " Exploring Agricultural Applications for Synthetic Zeolites " www.zeotech.com.au Zeotech Limited | ASX : ZEO ACN 137 984 297 Level 27 , Santos Place , 32 Turbot Street , Brisbane QLD 4000 P : +61 7 3181 5523 | E : info@zeotech.com.au