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Zeus North America Mining Corp C.ZEUS

Alternate Symbol(s):  ZUUZF

Zeus North America Mining Corp., formerly Umdoni Exploration Inc., is engaged in the business of mineral exploration. The Company is focused on the exploration of its 100% owned Chlore Property located near Smithers, British Columbia (BC), as well as its exploration properties in the state of Idaho known as the: Heath; Selway; and Great Western properties, respectively. The Chlore Property hosts a calc-alkalic porphyry copper-molybdenum target. The Chlore claims are located in the Clore River Valley, approximately 55 kilometers (km) east of Kitimat, BC and also about 62 km south-east of the airport near Terrace, BC. The property consists of four mineral claims. The total surface area of the property is about 1,005 hectares. The Idaho properties consist of 90 (Heath), 57 (Selway) and 38 (Great Western) lode mining claims respectively and cover a cumulative area of approximately 3822.1 acres. The Company also focuses on exploring the Idaho properties for precious and base metals.


CSE:ZEUS - Post by User

Post by 1StockInformeron May 01, 2024 7:08pm
33 Views
Post# 36018437

BIG's Discovery Paves the Way for ZEUS' Cuddy Mountain Proj.

BIG's Discovery Paves the Way for ZEUS' Cuddy Mountain Proj.

In Idaho, Hercules Silver (Ticker: BIG.v) recently unveiled the discovery of the Leviathan Copper Porphyry sparking a staking frenzy in the area and a keen interest among investors, notably from Barrick Gold (Ticker: GOLD Mcap = $28.9B ), which committed a strategic investment of $23 million.


Adjacent to BIG's Project, just 1km away, lies the Cuddy Mountain Project of Zeus North America Mining (Ticker: ZEUS.c or ZUUZF for US investors), positioned advantageously to capitalize on the escalating activity and burgeoning stakeholder interest in the vicinity.


Historical records indicate promising mineralization at Cuddy Mountain's historical Lead Zone Mine, Edna May Mine and Rockslide area.


The Lead Zone Mine, historically a small-scale Silver/Lead operation, yielded an average of 3.5 oz/t silver from 1950 to 1952. In 1977, seven shallow drill holes revealed anomalous lead and silver concentrations. Notably, one drill hole revealed 90 feet of 2.02 oz/t Ag.


The Edna May Mine boasts a mineralized vein, evidenced by chip samples containing 750 ppm lead, 7.7% zinc, and 252 ppm silver over a span of 4 feet. Further exploration in 1979 via underground drilling unveiled 1.38 oz/t Ag over 7 feet within a breccia zone.


In the Rockslide area, distinct malachite-stained outcrops were observed in the 70's, with a grab sample indicating 760 ppm lead, 0.67% zinc, and 36 ppm silver.

User image


In the coming month, ZEUS intends to conduct a 3D induced polarization survey at Cuddy Mountain, followed by comprehensive mapping, ground magnetics, and rock grab & soil sampling throughout the summer.


Simultaneously, BIG is gearing up for an extensive drilling campaign at its site, the outcome of which could significantly benefit the Cuddy Mountain Project and ZEUS.


More on ZEUS' Cuddy Mountain Property Here:
https://www.zeusminingcorp.com/properties/idaho/cuddy-mountain/


Posted on behalf of Zeus North America Mining Corp.

 
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