Zeus North American Mining Corp. Strengthens Commitment to U.S. Copper Supply Amid Potential Tariff Action
Zeus North American Mining Corp (OTCQB:ZUUZF) has reaffirmed its commitment to exploring and developing copper-silver deposits in the United States, specifically in Idaho. This strategic position comes in response to President Trump's February 24, 2025 announcement regarding potential tariff actions against Canada and Mexico.
The company emphasizes the critical nature of copper in various sectors including energy, infrastructure, and advanced manufacturing. CEO Dean Besserer highlighted that these potential tariffs could create opportunities for domestic copper producers, as industrial and government buyers may seek tariff-free copper sources. The company's Idaho operations are expected to contribute to local job creation and economic growth while strengthening America's resource independence.
Zeus North American Mining Corp (OTCQB:ZUUZF) ha ribadito il suo impegno nell'esplorazione e nello sviluppo di giacimenti di rame e argento negli Stati Uniti, in particolare in Idaho. Questa posizione strategica è una risposta all'annuncio del presidente Trump del 24 febbraio 2025 riguardo a potenziali azioni tariffarie contro il Canada e il Messico.
L'azienda sottolinea l'importanza critica del rame in vari settori, tra cui energia, infrastrutture e produzione avanzata. Il CEO Dean Besserer ha evidenziato che queste potenziali tariffe potrebbero creare opportunità per i produttori di rame nazionali, poiché gli acquirenti industriali e governativi potrebbero cercare fonti di rame esenti da dazi. Le operazioni dell'azienda in Idaho dovrebbero contribuire alla creazione di posti di lavoro locali e alla crescita economica, rafforzando l'indipendenza delle risorse americane.
Zeus North American Mining Corp (OTCQB:ZUUZF) ha reafirmado su compromiso con la exploración y el desarrollo de depósitos de cobre y plata en los Estados Unidos, específicamente en Idaho. Esta posición estratégica es una respuesta al anuncio del presidente Trump del 24 de febrero de 2025 sobre posibles acciones arancelarias contra Canadá y México.
La empresa enfatiza la naturaleza crítica del cobre en varios sectores, incluyendo energía, infraestructura y manufactura avanzada. El CEO Dean Besserer destacó que estos posibles aranceles podrían crear oportunidades para los productores nacionales de cobre, ya que los compradores industriales y gubernamentales podrían buscar fuentes de cobre libres de aranceles. Se espera que las operaciones de la empresa en Idaho contribuyan a la creación de empleos locales y al crecimiento económico, al tiempo que fortalecen la independencia de recursos de América.
제우스 북미 광업 주식회사 (OTCQB:ZUUZF)는 미국, 특히 아이다호에서 구리-은 매장지 탐사 및 개발에 대한 의지를 재확인했습니다. 이 전략적 입장은 2025년 2월 24일 트럼프 대통령의 캐나다와 멕시코에 대한 잠재적 관세 조치 발표에 대한 응답입니다.
회사는 에너지, 인프라 및 첨단 제조를 포함한 다양한 분야에서 구리의 중요성을 강조합니다. CEO 딘 베세러는 이러한 잠재적 관세가 국내 구리 생산자에게 기회를 창출할 수 있다고 강조하며, 산업 및 정부 구매자들이 관세 없는 구리 공급원을 찾을 수 있다고 말했습니다. 회사의 아이다호 운영은 지역 일자리 창출과 경제 성장에 기여하고 미국의 자원 독립성을 강화할 것으로 예상됩니다.
Zeus North American Mining Corp (OTCQB:ZUUZF) a réaffirmé son engagement à explorer et développer des gisements de cuivre et d'argent aux États-Unis, en particulier dans l'Idaho. Cette position stratégique fait suite à l'annonce du président Trump du 24 février 2025 concernant d'éventuelles mesures tarifaires contre le Canada et le Mexique.
L'entreprise souligne l'importance cruciale du cuivre dans divers secteurs, y compris l'énergie, les infrastructures et la fabrication avancée. Le PDG Dean Besserer a souligné que ces éventuels tarifs pourraient créer des opportunités pour les producteurs de cuivre nationaux, car les acheteurs industriels et gouvernementaux pourraient rechercher des sources de cuivre exemptes de droits de douane. Les opérations de l'entreprise dans l'Idaho devraient contribuer à la création d'emplois locaux et à la croissance économique tout en renforçant l'indépendance des ressources de l'Amérique.
Zeus North American Mining Corp (OTCQB:ZUUZF) hat sein Engagement für die Erkundung und Entwicklung von Kupfer- und Silbervorkommen in den Vereinigten Staaten, insbesondere in Idaho, bekräftigt. Diese strategische Position ist eine Reaktion auf die Ankündigung von Präsident Trump vom 24. Februar 2025 über mögliche Zollmaßnahmen gegen Kanada und Mexiko.
Das Unternehmen betont die entscheidende Bedeutung von Kupfer in verschiedenen Sektoren, einschließlich Energie, Infrastruktur und fortschrittlicher Fertigung. CEO Dean Besserer hob hervor, dass diese potenziellen Zölle Chancen für inländische Kupferproduzenten schaffen könnten, da industrielle und staatliche Käufer nach zollfreien Kupferquellen suchen könnten. Die Aktivitäten des Unternehmens in Idaho sollen zur Schaffung lokaler Arbeitsplätze und zum wirtschaftlichen Wachstum beitragen und gleichzeitig die Ressourcenunabhängigkeit Amerikas stärken.
- Strategic positioning for potential tariff benefits against Canadian and Mexican competitors
- Operations in U.S. territory provide tariff-free access to domestic market
- Increased demand potential from industrial and government buyers seeking domestic copper
- None.
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 (
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,
*Adjacent Property (www.herculessilver.com)
*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"
President and CEO
For more information, please contact the Company at info@zeusminingcorp.com
FOR INVESTOR RELATIONS CONTACT:
Kin Communications Inc. Ph: 604-684-6730
ZEUS@kincommunications.com
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.
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.
SOURCE: Zeus North America Mining Corp.
View the original press release on ACCESS Newswire
FAQ
How might the new tariffs impact ZUUZF's copper operations in Idaho?
What is the significance of ZUUZF's copper exploration in Idaho following Trump's February 2025 tariff announcement?
What markets will ZUUZF's copper supply serve according to the announcement?
How does ZUUZF plan to impact the Idaho economy through its copper operations?
