Mining Giant BHP Billiton Makes $39B bid for Anglo American The copper sector is heating up with aggressive M&A activity as mining giant BHP Billiton makes a $39 billion bid for Anglo American to expand copper operations.
Source
https://apnews.com/article/copper-metals-takeover-bhp-billiton-anglo-american-0431191b94567881c9ac821e5317b58e
Looking at the copper exploration sector in the US, Hercules Silver (BIG.v) recently unveiled the discovery of the Leviathan Copper Porphyry, prompting significant investor interest, notably from Barrick Gold (GOLD), who made a $23 million strategic investment.
With its discovery, BIG's share price has benefited, rising 275% YoY.
Adjacent to and just 1km from BIG's project is Zeus North America Mining's (Ticker: ZEUS.c or ZUUZF for US investors) Cuddy Mountain Project. As Cuddy Mountain is near and on trend with BIG's project stands to benefit from the rush of activity and staking in the area.
Cuddy Mountain's Mining History includes the Lead Zone and Edna May Mines, and the Rockslide area, all of which have shown promising mineralization in historic data
ZEUS is set to conduct a 3D induced polarization survey at Cuddy Mountain in May followed by mapping, ground magnetics and rock grab & soil sampling over the summer.
Meanwhile, BIG is launching an ambitious drilling campaign in 2024. Soon drills will be in motion at this neighboring site, and positive results from this endeavor could significantly uplift ZEUS and its adjacent Cuddy Mountain Project.
Check out ZEUS' new investor deck for more info: https://www.zeusminingcorp.com/_resources/presentations/Corporate-Presentation2.pdf?v=0425
Posted on behalf of Zeus North America Mining Corp.