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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 28, 2024 6:49pm
51 Views
Post# 36061335

ZEUS Announces 2024 Exploration Plans for Cuddy Mountain

ZEUS Announces 2024 Exploration Plans for Cuddy Mountain

Zeus North America Mining Corp. (Ticker: ZEUS.c or ZUUZF for US investors) recently revealed its 2024 exploration plans for its Cuddy Mountain Property, situated next to Hercules Silver Corp.’s Hercules Project, where a major copper porphyry discovery was found.


Cuddy Mountain shares geological traits with the adjacent Hercules Property, including Olds Ferry terrane rocks, historical silver occurrences in rhyolite, the Bayhorse Thrust Fault, and exposure of mineral-rich formations beneath younger basalts.


Hercules' discovery at its Hercules Project revealed a significant intersection: 185 meters at 0.84% Copper, 111 ppm Molybdenum, and 2.6 g/t Silver, with a 45-meter segment at 1.95% Copper, highlighting the potential of ZEUS’ neighboring Cuddy Mountain Property.


This discovery spurred a staking rush in the area, with significant claims by Barrick Gold and Rio Tinto, further underscoring the high potential of the area. 

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Dean Besserer, President and CEO of ZEUS, commented that this staking rush is among the biggest he has witnessed in his career despite it not yet being widely recognized. He expressed excitement over ZEUS having a property directly adjacent to this major discovery and on the same key geological structure. 


Under their 2024 exploration plan, ZEUS will start a comprehensive exploration at Cuddy Mountain, contracting Dias Geophysical Ltd. for a 3D-DCIP Induced Polarization (IP) and Resistivity Survey during the spring and summer to identify mineralization zones.


The program includes detailed soil sampling, mapping, rock grab sampling, and high-resolution ground magnetics to target high-priority drilling areas


Additionally, ZEUS plans to do reconnaissance prospecting and rock grab sampling at its Selway and Great Western properties in Idaho, assessing potential for silver, copper, gold, lead, and zinc, with further field programs to follow based on results.


Full Press Release: https://www.zeusminingcorp.com/_resources/news/nr_20240523.pdf


Posted on behalf of Zeus North America Mining Corp.

 
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