As highlighted by Fidelity International Investment Director, Tom Stevenson, copper is potentially experiencing a resurgence as its demand increases because of its importance in renewable energy, electric vehicles, and artificial intelligence technology. However, the supply of copper is struggling to keep up with demand, possibly setting the stage for a new price super cycle.
https://www.livewiremarkets.com/wires/has-copper-s-time-come-again
With an eye on meeting future demand for critical metals like copper, Zeus North America Mining (ZEUS.c or ZUUZF for US investors) is actively engaged in mineral exploration across its Cuddy Mountain, Selway, and Great Western Project in Idaho, which collectively span approximately 3,822 acres.
Notably, ZEUS' flagship Cuddy Mountain Property is strategically located adjacent to Hercules Silver's Leviathan Copper Porphyry discovery, positioning ZEUS favorably within Idaho's evolving mining landscape.
Hercules Silver's (BIG.v) discovery of the Leviathan Copper Porphyry sparked a surge in land staking activities in the Idaho region, attracting attention from investors like Barrick Gold (Mcap = $28.9B), which made a $23 million strategic investment in BIG to advance their project.
Taking advantage of the escalating activity and growing stakeholder interest, ZEUS's Cuddy Mountain Project sits just 1km away from BIG's Project.
The Cuddy Mountain project includes historically significant sites like the Lead Zone Mine, Edna May Mine, and Rockslide area, exhibiting promising mineralization in historical records such as 760 ppm lead, 2.02 oz/t silver, and 7.7% zinc.
ZEUS plans to conduct a 3D induced polarization survey at Cuddy Mountain this month, followed by comprehensive mapping, ground magnetics, and rock grab & soil sampling this summer.
This exploration effort is complemented by BIG.v's upcoming extensive drilling campaign at its project, which could yield significant benefits for the Cuddy Mountain Project and ZEUS if successful.
Company deck here: https://www.zeusminingcorp.com/investors/presentation/
Posted on behalf of Zeus North America Mining Corp.