VANCOUVER, BC / ACCESS Newswire / June 25, 2026 / ZEUS NORTH AMERICA MINING CORP. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) (THE "COMPANY" OR "ZEUS") is pleased to announce it has signed an option agreement (the "Option Agreement") to acquire a 100% interest in certain patented mining claims located in Butte County, Idaho, USA (the "Claims").
Terms of the Option Agreement:
Subject to Canadian Securities Exchange approval, Gary Baker ("Baker") will grant, Zeus' wholly-owned subsidiary, CJ-1 LLC the sole and exclusive right to acquire a 100% interest in the Claims over a five year period by making the following cash payments:
US$15,000 upon the signing of the Option Agreement;
US$25,000 six months following the date of the Option Agreement;
US$40,000 on or before the first anniversary of the date of the Option Agreement;
US$40,000 on or before the second anniversary of the date of the Option Agreement;
US$50,000 on or before the third anniversary of the date of the Option Agreement;
US$50,000 on or before the fourth anniversary of the date of the Option Agreement;
A final payment of US$530,000 on or before the fifth anniversary of the date of the Option Agreement.
If all cash payments have been made within the five year option period, CJ-1 LLC will be deemed to have acquired a 100% interest in the Claims and will grant to Baker a 2% net smelter returns ("NSR") royalty on the Claims, of which one half of the respective royalty (1%) may be acquired by CJ-1 LLC at any time for a purchase price of US$1,000,000. CJ-1 LLC has the option to make an aggregate payment of US$500,000 prior to the date that is 18 months from the date of the Option Agreement to satisfy all option payments.
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"
President and CEO
For more information, please contact the Company at info@zeusminingcorp.com
Phone: +1 (604) 684-6730
About Zeus North America Mining Corp.
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. More recently, the Company entered into an option agreement to acquire a 90% interest in the Delker and Bulls Eyes copper-gold properties in Nevada, and an option agreement to acquire a 100% interest in certain patented mining claims in Idaho.