Copper prices have climbed beyond $10k/ton but Jeff Currie, Goldman Sachs' head of commodities research, asserts that prices could continue to rise significantly due to a demand-supply imbalance.
Source: https://www.bloomberg.com/news/articles/2024-05-17/jeff-currie-says-copper-is-the-best-trade-he-s-seen-in-his-career
Zeus North America Mining Corp. (Ticker: ZEUS.c, ZUUZF for US investors) is drawing attention as it progresses with its Cuddy Mountain copper-silver project in Idaho, which is in the early stages of exploration.
Cuddy Mountain is located next to Hercules Silver’s Leviathan Zone, a copper-porphyry discovery that attracted a C$23 million investment from Barrick Gold Corp., positioning it to potentially become part of a new copper-porphyry district in Idaho.
The Zeus team plans to start a phase-one exploration program at Cuddy Mountain in the coming weeks, which will include rock and soil sampling and 3DIP surveying. This program aims to uncover more details about the site's potential in a state known for being mining-friendly.
Apart from Cuddy Mountain, Zeus's portfolio includes other early-stage exploration properties such as the Selway gold-silver property and the Great Western silver-copper property. In 2021, rock grab samples from Selway showed 1.37 g/t gold and 7.25 g/t silver, while Great Western samples returned copper grades between 0.61% and 4.25%, and silver up to 7,300 g/t.
Zeus also holds the Chlore copper-molybdenum property near Kitimat, British Columbia, Canada. Following a high-resolution magnetic survey in 2021, the company is planning a phase-one exploration program that includes geological mapping and rock grab sampling.
With a varied portfolio and favorable market conditions for copper, gold, and silver, Zeus North America Mining Corp. is strategically positioned for growth.
Mike Fagan, Editor of Resource Stock Digest, offers a comprehensive overview of Zeus’s strategic initiatives and exploration plans, emphasizing the company's potential to seize emerging opportunities in the mining sector.
Read more here: https://resourcestockdigest.com/market-commentary/idaho-copper-porphyry-discovery-zone-heating-up-next-to-hercules-silver-and-barrick-gold/
Posted on behalf of Zeus North America Mining Corp.