Mike Fagan,
Editor
May 14, 2024
Zeus North America Mining Corp. (CSE: ZEUS)(OTC: ZUUZF) — currently trading around C$0.35 per share — is advancing the flagship, early-exploration-stage Cuddy Mountain copper-silver project in Idaho, USA.
The project is immediately adjacent to Hercules Silver’s (TSX-V: BIG) recent Leviathan Zone copper-porphyry discovery at the Hercules Silver project, which has attracted the attention of Barrick Gold Corp. (~US$30B market cap) to the tune of C$23 million.
In an emerging area that could ultimately prove to be a new copper-porphyry district in the mining-friendly state of Idaho, the Zeus team anticipates having boots-on-the-ground at Cuddy Mountain (which lies at the northeastern boundary of Hercules/Leviathan) within the coming few weeks.
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A phase-one exploration program is planned for the property commencing with rock and soil sampling and 3DIP (three-dimensional induced polarization) surveying.
You’ll be hearing much more on the Cuddy Mountain project in just a moment in our exclusive interview with Zeus CEO Dean Besserer.
Additionally, Zeus’s early-exploration-stage property portfolio includes the Selway gold-silver property (to the northeast of Cuddy Mountain) and the Great Western silver-copper property (to the southeast of Cuddy Mountain) — see property map above.
Rock grab samples from Selway from 2021 contained 1.37 g/t (grams per tonne) gold and 7.25 g/t silver. Also from 2021, rock grab samples from Great Western returned grades ranging from 0.61% to 4.25% copper, including 5 samples with up to 7,300 g/t silver.
Last but certainly not least, Zeus’s current portfolio is rounded out by the Chlore copper-molybdenum property near Kitimat, British Columbia, Canada. Following a hi-res magnetic survey completed in 2021, the Zeus team is finalizing plans for a phase-one exploration program at Chlore beginning with geological mapping and rock grab sampling.
With plenty of irons in the fire, and with copper, gold, and silver all trading strongly as we head toward the second half of the year, our own Gerardo Del Real of Junior Resource Monthly caught up with Zeus North America Mining CEO Dean Besserer to discuss next-steps at the flagship Cuddy Mountain property and much more. Please enjoy!
For more on Vancouver-based Zeus North America Mining Corp., please contact the company’s IR department at 604-684-6730 or via email at investors@zeusminingcorp.com.
Visit the Zeus North America Mining corporate website and sign up to receive updates directly from the company here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest