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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 MarketMakersson Jul 25, 2024 4:53pm
45 Views
Post# 36148793

Summary of ZEUS' Presentation at VIC

Summary of ZEUS' Presentation at VIC

Summary of Zeus North America Mining's (ZEUS.c) Presentation at the Battery & Precious Metals Virtual Investor Conference: https://www.youtube.com/watch?v=pnJufGbeGiE

 

Primarily focused on silver and copper, ZEUS has three properties in Idaho with its key flagship property being the Cuddy Mountain Project, located directly adjacent to Hercules Metals' (BIG) significant copper discovery.

 

Strategic Importance & Market Context:

  • Located in top-tier mining jurisdiction of Idaho, a key area for mining that has attracting major companies like Barrick Gold and Rio
  • Easy road access and rich mining history
  • High demand for copper and silver driven by essential roles in battery metals technology and other industries

 

Key Property - The Cuddy Mountain Project

  • Flagship property in Idaho
  • Adjacent to Hercules Metals' significant copper discovery which spurred a staking rush in the district, highlighted by Barrick and RIO
  • Potential for buried copper deposits as it shares the same major geological structure and exhibits numerous geological similarities to BIG

 

Exploration Activities

  • Extensive exploration including soil sampling, ground magnetics, rock sampling and 3D IP surveying has been conducted
  • Drilling planned to commence in summer 2024

 

Financials and Fundraising:

  • Raised $2 million at 10 cents Canadian with a 15-cent warrant
  • Plans to continue fundraising for exploration and drilling activities

 

Future Plans:

  • Evaluate Cellway and Great Western properties for further exploration
  • Create an integrated data set to identify drill targets
  • Aim for significant growth and strategic partnerships

 

Potentially on track to make the next big discovery in the area at with Cuddy Mountain, ZEUS has attracted attention from major mining companies thus far and has significant potential for a re-rating opportunity and strategic investments.

 

Posted on Behalf of Zeus North American Mining Corp.

 

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