VANCOUVER, BC / ACCESS Newswire / March 11, 2025 / Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) (the "Company" or "Zeus") announces the Company has commenced drilling and exploration planning for the 2025 exploration and development season at the Cuddy Mountain project in Idaho, less than 3 km to the north of the Hercules Metals high grade copper-gold-silver porphyry discovery announced in October 2023.
Highlights of the 2024 Exploration Program at Cuddy Mountain:
Staked 19 additional BLM Lode Claims to cover areas underlain by the Seven Devils Volcanics, which host the neighboring Leviathan Porphyry Copper mineralization.
Completed a property wide 3D-DCIP Induced Polarization ("IP") and Resistivity Survey using Dias Geophysical Ltd.
Conducted a property wide Ground Magnetic Survey totalling 105-line km of high- resolution magnetic data.
Collected 799 soil samples and 339 rock grab samples.
Completed a property wide mapping campaign. The mapped stratigraphy within the Cuddy Mountain Property demonstrates that the same stratigraphic section exists with the Property as that shown-on Hercules drill sections which intersected porphyry mineralization.
The Cuddy Mountain Property is adjacent to Hercules Metals Corp. ("Hercules") recently discovered Leviathan Copper Porphyry ($167M MC).* The discovery resulted in Major Mining Company Barrick injecting $23M in equity in to Hercules and staking a substantial land position in the district along with Major Mining Company Rio Tinto. The Cuddy Mountain Property consists of 101 lode mining claims respectively and cover a cumulative area of approximately 2020 acres.
On February 20th, 2025 Hercules summarized recent drilling at their Leviathan Copper Property. The Highlights of which were as follows:
HER-24-21 intersects 171m of 0.64% CuEq in volcanic host rock, within a broader intercept of 354m of 0.47% CuEq ending in a late porphyry.
Highest grades occur in volcanic host rocks.
New mapping and sampling demonstrate the host rocks transition to iron-rich volcanics and limestone in the Eastern Block and Southern Flats zones, conducive to significantly higher-grades.
See Hercules' Press Release Here Dated February 20th, 2025.
Furthermore, on March 4, 2025, Hercules showed their chargeability anomaly open to the northeast towards the Zeus Cuddy Mountain Property.
See Hercules' Press Release Here Dated March 4th, 2025.
Dean Besserer, President and CEO, stated, "Our 2024 exploration program data compilation is nearly complete, and we are excited to release our results and advance towards drilling in this highly prospective region. Hercules is planning an aggressive 2025 drill season and the team at Zeus looks forward to following suit in the near future."
About the Cuddy Mountain Copper Property (Idaho, USA)
The Cuddy Mountain Property is adjacent to Hercules Metals Corp recently discovered Leviathan Copper Porphyry ($167M MC).* The discovery resulted in Barrick injecting $23M in equity. The Cuddy Mountain Property consists of 101 lode mining claims respectively and cover a cumulative area of approximately 2020 acres.
The Property is in Washington County, Idaho just 2.5 hours Northwest of Boise and readily accessible by road.
Historical Drilling at Cuddy Mountain consisted of 7 shallow drill holes in 1977 intersecting anomalous lead and silver. Drill hole Mun 8 contained 90 feet of 2.02 oz/t Ag (Taylor, 1977). Further historical exploration on Zeus's Cuddy Mountain Project occurred at the Edna May Mine: Mineralized vein with chip samples containing 750 ppm ppm Pb, 7.7% Zn and 252 grams per tonne Silver over 4 feet. Underground drilling in 1979 intersected 1.38 oz/t Ag over 7 feet in a breccia zone (Burmeister, 1980). Additional exploration (By Taylor, 1977) at the Rockslide area encountered Malachite-stained outcrops with a grab sample containing 760 ppm Pb, 0.67 % Zn and 36 grams per tonne Silver (Taylor, 1977).
*All information is derived solely from management of Zeus Mining and otherwise publicly available third-party information which are believed to be reliable, but which have not been independently verified by the Company and as a result are not guaranteed as to accuracy and completeness. Zeus's management cautions that past results or discoveries on properties in proximity to Zeus may not necessarily be indicative of the presence of mineralization on the Company's properties.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by Dean Besserer, P.Geo., the President & CEO for the company and Qualified Person as defined in NI 43-101.
The Company is in the business of mineral exploration. The Company is focused on its exploration properties in the state of Idaho known as the: Cuddy Mountain; Selway; and Great Western properties, respectively. The Idaho properties consist of 101 (Cuddy Mountain), 57 (Selway) and 38 (Great Western) lode mining claims respectively and cover a cumulative area of approximately 4,200 acres. The Company's flagship Cuddy Mountain Property is adjacent to Hercules Metal Corp's Leviathan Copper Porphyry discovery.
Forward Looking Statements
When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Company believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this news release include, amongst others, the Company's exploration plans. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements or implied by such forward-looking statements. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions.
The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of its securities or its financial or operating results (as applicable). The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. The Company does not undertake to update this information at any particular time except as required in accordance with applicable laws.
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