VANCOUVER, BC / ACCESS Newswire / February 27, 2025 / Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92)(the "Company" or "Zeus") announces that the Company remains dedicated to exploring and developing copper-silver deposits and future critical mineral supply within the United States of America (USA). Copper is a vital industrial metal, essential for sectors such as energy, infrastructure, and advanced manufacturing. The recent commitment by President Trump on February 24, 2025, to advance tariff actions against Canada and Mexico further underscores the importance of developing domestic sources to ensure long-term supply chain resilience.
"We recognize the potential impact these tariffs may have on the copper industry and stakeholders," said Dean Besserer, CEO of Zeus North American Mining Corp. "As we continue exploring and developing copper projects in Idaho, USA we see this as a pivotal moment to reinforce the importance of domestic deposit development for future copper production in order to mitigate supply chain risks and reduce dependence on foreign sources."
"With potential cost disadvantages for Canadian and other foreign explorers and producers, Zeus anticipates increased copper demand from industrial and government buyers seeking reliable, tariff-free copper. In addition to economic benefits, the Company's exploration initiatives will drive job creation and local economic growth in Idaho, further solidifying the region's role in strengthening America's resource independence."
About the Cuddy Mountain Copper Deposit (Idaho)
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 (see Figure attached).
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.
On behalf of the board of directors. "Dean Besserer"
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.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
