Plans for ZEUS' Property in Idaho's New Copper District Zeus North America Mining Corp. (Ticker: ZEUS.c or ZUUZF for U.S. investors) has shared its exploration plans for 2024, focusing on the flagship Cuddy Mountain Property. This property is strategically located adjacent to Hercules Silver Corp.’s Hercules Project in Idaho, which recently reported a significant copper porphyry discovery. The proximity of Zeus' Cuddy Mountain Property to this discovery highlights its potential.
Key Highlights and Exploration Activities
Proximity to Hercules Discovery:
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The Cuddy Mountain Property shares geological similarities with the Hercules Property, such as the presence of Olds Ferry terrane rocks, historical silver occurrences, and the location along the Bayhorse Thrust Fault.
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The Leviathan Porphyry Copper discovery at Hercules reported 185 meters of 0.84% Cu, 111 ppm Mo, and 2.6 g/t Ag, including 45 meters of 1.95% Cu.
Exploration Techniques:
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Zeus has engaged Dias Geophysical Ltd. to conduct a comprehensive 3D-DCIP IP and Resistivity Survey across the property during the spring and summer of 2024.
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The survey aims to identify large-scale chargeability anomalies, similar to those at the Hercules Discovery.
Fieldwork Plans:
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Zeus plans to undertake soil sampling, mapping, prospecting, rock grab sampling, and high-resolution ground magnetics.
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The integrated data from these activities will help pinpoint high-priority drill targets.
Staking Rush:
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The discovery at Hercules has triggered a significant staking rush, with companies like Barrick Gold and Rio Tinto establishing a presence in the area.
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Hercules’ ring-staking of Zeus’ Cuddy Mountain Property underscores the strategic importance of Zeus’ holdings.
Strategic Vision and Leadership
Mr. Dean Besserer, President and CEO of Zeus North America Mining Corp., expressed enthusiasm about the exploration plans: “This is one of the largest staking rushes I’ve seen in my career. Many still don’t recognize the magnitude of this discovery as it has unveiled a new and previously unknown Porphyry Copper belt. The fact that we have the Property directly adjacent to such a great discovery and along the same major structure is exciting. We are rapidly building our team to be the next in line to make a discovery in the district.”
Future Prospects
Zeus North America Mining Corp. is poised for an eventful year, leveraging its prime location and strategic partnerships. The upcoming exploration activities at Cuddy Mountain Property are expected to unlock significant mineral potential, positioning Zeus as a key player in the evolving porphyry copper belt in Idaho.
Full update: https://www.zeusminingcorp.com/_resources/news/nr_20240523.pdf
Posted on behalf of Zeus North America Mining Corp.