Copper gets to $10k + Big Investments in US Cu Exploration Ivanhoe Electric announced today that BHP, a $143B mining company, is contributing $15 million to Ivanhoe's exploration over the next 3 years.
https://ivanhoeelectric.com/news/ivanhoe-electric-announces-exploration-alliance-with-bhp-to-accelerate-the-search-for-copper-and-other-critical-minerals-in-the/
This news of BHP's substantial investment in copper exploration as well as copper prices touching $10k today shows the escalating interest in the Western US' copper exploration sector.
This fervor finds resonance in Idaho, where Hercules Silver's Leviathan Copper Porphyry discovery triggered a flurry of land staking activity and significant investments including from industry giants like Barrick Gold (GOLD Mcap = $28.9B) who invested $23 million in BIG to advance their project.
Benefiting from its strategic location amidst rising activity and increasing stakeholder interest, Zeus North America Mining's (ZEUS.c or ZUUZF for US investors) Cuddy Mountain Project sits a mere kilometer from BIG's Project.
The Cuddy Mountain Project features promising historical mines like Lead Zone and Edna May which have exhibited rich mineralization.
Currently, ZEUS is planning a 3D survey followed by mapping and sampling at the project.
This aligns with BIG.v's upcoming drilling campaign, the results of which could reflect positively on ZUES' Cuddy Mountain Project if positive.
https://www.zeusminingcorp.com/investors/presentation/
Posted on behalf of Zeus North America Mining Corp.