Zeus North America Mining Corp. (CSE: ZEUS) (OTCQB: ZUUZF) (FRANKFURT: O92) has announced that it has completed its 2024 exploration programme at its flagship Cuddy Mountain Project.
Dean Besserer, Zeus’s President and CEO, stated: “Our 2024 exploration program activities, including the 19 new BLM lode claims, underscore our confidence in the Cuddy Mountain Project’s immense potential.
“As the staking rush continues in the area more than a year later, the discovery of a new porphyry copper belt in the United States has captured the attention of majors and juniors alike.
“This is just the beginning as we continue to capitalise on the opportunities presented by this highly prospective region.”
The summer programmes consisted of property-wide mapping, sampling, and geophysics, including 799 Soil samples, 339 rock grab samples, mapping and property-wide ground magnetics, and 3D-DCIP Induced Polarisation and Resistance surveys. Results are pending and will be provided in further updates when available.
Importantly, the mapped stratigraphy within the Cuddy Mountain Property demonstrates that the same stratigraphic section exists within the Property as that shown on Hercules drill sections, which intersected Porphyry mineralisation.
Highlights from the Cuddy Mountain mapping
Exposures of the Hercules Rhyolites in the northeast commonly form large outcrop faces. The Rhyolites are more than 100 m thick and may be repeated by faulting. The Rhyolites are often silicified with propylitic alteration.
Exposures of the ‘red conglomerate’, which is a marker horizon at the unconformity between the Hercules Rhyolites and Seven Devils Volcanics. These are exposed in the northeastern, central, and southwestern parts of the Property.
The ‘red conglomerate’ overlying the Seven Devils volcanic complex, is immature and polymictic with interbedded sand- and siltstone. Outcrops weather red (hematite) to greyish green.
Exposures of the Seven Devils Volcanics occur in the southern and central parts of the Cuddy Mountain Property below the basalt cover to the south. Commonly heterogeneous volcanic textures, from aphanitic to laminated to phenocrystic to volcanoclastic, at outcrop scale.
The rocks are variably fractured to brecciated, bleached, silicified and/or oxidised, with at least two prominent southeast-trending zones of intense alteration and mineralisation (blebby and disseminated sulphides; intense manganese oxide and iron staining to fracture-controlled infiltration/replacement), possibly controlled by fault zones. Barite hydrothermal vein mineralisation occurs in trenches near the south end of the property.
Exposures of younger porphyry intrusions are typically moderately to strongly fractured and locally brecciated, including fragments of volcaniclastic rocks. These may form dykes and/or intrusive bodies in the volcanic complex. Locally these intrusions and/or dykes are strongly sulphidic with chalcopyrite.
Chalcopyrite, malachite, azurite, and chrysocolla are common in porphyry units around the historical Rockslide copper showing (Fig. 2).
Mineralised hydrothermal breccias were mapped near the historical Edna May (Fig. 2). They consisted of intrusive or hydrothermal breccias. Near the Edna May showing, the breccias have a black matrix of pyrite and peacock sulphides along the margin or porphyry dykes. Fragments of fine grey silicified material locally contain up to 10% sooty sulphides, 1% pyrite, trace bornite, and chalcopyrite.
Structural complexity exists throughout the Property, including numerous mapped folds and faults. Numerous mapped faults contain copper mineralisation, such as malachite and azurite.
Alteration styles were notable throughout the Cuddy Mountain Property, including Chlorite alteration halos around quartz veins, Sericite +/- chlorite +/- pyrite alteration in monzonitic porphyry dykes; and Semi-massive epidote-magnetite +/- pyrite alteration. Intense epidote alteration was observed in many areas of the Seven Devils Volcanics, especially moving towards the southern portion of the valley.
New agreements to secure the company’s growing future
The Company has also entered into an advertising services agreement dated for reference August 20, 2024, with CEO.CA Technologies Ltd. for a 6-month advertising term commencing October 2024 for a total consideration of $50,000.
CEO.CA owns and operates a leading and rapidly growing investment social network.
Zeus has also entered a services arrangement with Brisco Capital Partners for the provision of investor relations services for the remainder of 2024 for an aggregate consideration of $45,000. Brisco is a Calgary-based investor relations consultancy led by Scott Koyich.
