Zeus North America Mining's (ZEUS.c or ZUUZF for US investors) is focused on mineral exploration accross several properties in Idaho, namely the Cuddy Mountain, Selway, and Great Western Project. These properties collectively cover an extensive area totaling approximately 3,822 acres. Notably, ZEUS' flagship Cuddy Mountain Property sits adjacent to Hercules Silver's Leviathan Copper Porphyry discovery, positioning ZEUS strategically within the evolving landscape of Idaho's mining sector.
Background: The Ripple Effect of Hercules Silver's Discovery
Hercules Silver's (BIG.v) discovery of the Leviathan Copper Porphyry, set off a whirlwind of land staking activities in the region in Idaho. It also attracted attention from investors, notably Barrick Gold (GOLD Mcap = $28.9B), which made a strategic investment totaling $23 million in BIG to advance their project.
Advantageously positioned to capitalize on the escalating activity and burgeoning stakeholder interest in the vicinity, Zeus North America Mining's (ZEUS.c or ZUUZF for US investors) Cuddy Mountain Project is just 1km away from BIG's Project.
Cuddy Mountain's Historical Mineralization Data
Cuddy Mountain Contains the historical Lead Zone Mine, Edna May Mine, and Rockslide area, where records unveil promising mineralization.
The Rockslide area exhibits distinct malachite-stained outcrops observed in the 1970s, with a grab sample indicating 760 ppm lead, 0.67% zinc, and 36 ppm silver.
The Lead Zone Mine, once a modest Silver/Lead operation, boasted an average yield of 3.5 oz/t silver from 1950 to 1952. In 1977, seven shallow drill holes unearthed anomalous lead and silver concentrations, notably revealing an average grade of 2.02 oz/t Silver for 90 feet.
Edna May Mine is thought to contain a mineralized vein, evidenced by chip samples containing 750 ppm lead, 7.7% zinc, and 252 ppm silver over a span of 4 feet. Additionally, underground drilling in 1979 uncovered 1.38 oz/t Ag over 7 feet within a breccia zone.
Future Prospects: ZEUS' Strategic Moves and BIG's Drilling Endeavors
ZEUS intends to conduct a 3D induced polarization survey at Cuddy Mountain this month, followed by comprehensive mapping, ground magnetics, and rock grab & soil sampling this summer.
This exploration is complimented by BIG.v's upcoming extensive drilling campaign at its site, which could significantly benefit the Cuddy Mountain Project and ZEUS if successful.
More on ZEUS here: https://www.zeusminingcorp.com/investors/presentation/
Posted on behalf of Zeus North America Mining Corp.