Amid preparing for a spring and summer exploration program at its flagship Cuddy Mountain Property, Zeus North America Mining (ZEUS.c) recently provided a corporate update to highlight its 2024 exploration plans.
ZEUS' Cuddy Mountain is located immediately adjacent to Hercules Silver's (BIG) Hercules Project which reported a copper porphyry discovery, the Leviathan Porphyry Copper discovery, BIG ring-staked the Zeus Property prior to announcing their discovery, lending to the merits of the Cuddy Mountain Property.
Significantly, Cuddy Mountain has numerous similarities to BIG's property including:
- Olds Ferry terrane rocks including Hercules Rhyolite and Seven Devils Volcanics
- Number of historical silver occurrences and/or small-scale mines hosted in rhyolite
- Located along Bayhorse Thrust Fault, a major structural corridor which thrust the rhyolite overtop of volcanics
- Within erosional window through the younger Colombia River basalts that cover the vast majority of the district.
Further attesting to the potential, the area was subject to a 'staking rush' where numerous companies and individuals have staked thousands of mining claims both to the Northeast and South of the Hercules discovery. This is highlighted by Barrick Gold and Rio Tinto's presence in the area.
During the spring/summer 2024 season, Zeus will be conducting a 3D-DCIP Induced Polarization and Resistivity Survey, (Large-scale chargeable anomaly tested by BIG with same survey). ZEUS additionally plans to conduct soil sampling, mapping, prospecting and rock grab sampling, as well as high-resolution ground magnetics at the property.
Mr. Dean Besserer, President and CEO stated,
"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 such a great discovery and along the same major structure to is exciting and we are rapidly building our team to be the next in line to make a discovery in the district".
Copper's recent supply shock, and consequent price surge, has solidified the metals importance and entrenched the significant opportunity that ZEUS offers.
Full News Release: https://www.accesswire.com/866901/zeus-north-america-mining-corp-provides-corporate-update-and-highlights-its-flagship-cuddy-mountain-property
Posted on Behalf of Zeus North American Mining Corp.