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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 Sep 27, 2024 6:02pm
57 Views
Post# 36244822

Funded for Cuddy Mountain Exploration with $1.4M Financing

Funded for Cuddy Mountain Exploration with $1.4M Financing Earlier this month, Zeus North America Mining (ZEUS.c) completed a $1.4 million private placement, expected to be allocated primarily toward exploration on the company's copper projects.
 
Significantly, Idaho has a rich history of mining and a strong geology for gold, silver and copper and experienced a 'staking rush' following the  discovery of a new prophyry copper system at depth made by Hercules Metals (BIG). This spurred a $23M investment from Barrick Gold into BIG and the area quickly saw thousands of new claims being staked.
 
Notably, ZEUS' Mountain Property is located directly adjacent to BIG's Hercules Project, and shares similar geology and structure.
 
Well-positioned in the under-developed silver and potentially copper rich terrain of Idaho, ZEYS is on track to make the next big discovery in the area at with Cuddy Mountain and has significant potential for a re-rating opportunity and strategic investments.
 
Full News Release: https://www.khon2.com/business/press-releases/accesswire/914531/zeus-north-america-mining-corp-announces-closing-of-previously-announced-private-placement/
 
Posted on Behalf of Zeus North American Mining Corp.

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