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Zeus North America Mining Corp. Signs Letter of Intent to Acquire the Delker and Bulls Eye Copper-Gold Properties, Nevada, USA
VANCOUVER, BC / ACCESS Newswire / June 11, 2025 /ZEUS NORTH AMERICA MINING CORP. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) (THE "COMPANY" OR "ZEUS") is pleased to announce it has signed a binding Letter of Intent ("LOI") dated June 9, 2025 to acquire ...
About this update from Zeus North America Mining Corp
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / June 11, 2025 / ZEUS NORTH AMERICA MINING CORP. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) (THE "COMPANY" OR "ZEUS") is pleased to announce it has signed a binding Letter of Intent ("LOI") dated June 9, 2025 to acquire a 90% interest in both the Delker and Bulls Eye copper-gold ("Cu-Au") properties in northeast Nevada, USA.","length":395,"tagName":"p"},{"type":"text","content":"About the Delker Property:","length":26,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Property is located approximately 79 kilometers ("km") from the town of Elko Nevada (see Figure 1);","length":113,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjacent to Ridgeline Minerals Corp's Big Blue Porphyry and carbonate replacement ("CRD") style Cu-Au-silver ("Ag") ± lead-zinc ("Pb-Zn") project. Ridgeline is currently drilling on the western flanks of the historic Delker Butte mine which is testing both high-grade Cu-Au skarn and potential porphyry Cu-Au targets at depth. The past producing Delker Mine, which produced 94,434 pounds of copper at an average grade of 6.2% Cu between 1916-1917 (*Smith, R.M., 1979), shares its northern boundary with the Delker property and the southern boundary with Reyna Silver's Medicine Springs Ag-Pb-Zn CRD project;","length":645,"tagName":"p"}]},{"val":[{"type":"text","content":"The Property is within Elko County and consists of 400 Bureau of Land Management ("BLM") claims and there are no protected areas within the Property;","length":159,"tagName":"p"}]},{"val":[{"type":"text","content":"Nevada was ranked the world's top mining jurisdiction by the Fraser Institute in 2022;","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"The Property is road accessible and can be worked year-round;","length":61,"tagName":"p"}]},{"val":[{"type":"text","content":"The Property lies within the "new base metal trend" in Nevada (see Figure 2);","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"The Property lies within the Dolly Varden-Delker Butte Cretaceous to lower Jurassic intrusive Belt. The regional geologic setting is generally composed of Jurassic intrusive rocks intruding the Paleozoic Carbonate Shelf sequences of limestone and dolomites. ...