Zeus North America Mining Corp. Welcomes Mr. Simon Clarke to Board of Directors
Zeus North America Mining Corp.
1100 - 1199 West Hastings Street Vancouver, BC, V6E 3T5
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Zeus North America Mining Corp. Welcomes Mr. Simon Clarke to
Board of Directors
Vancouver, British Columbia, March 4, 2025 – Zeus North America Mining Corp. (CSE:
ZEUS) (OTCQB: ZUUZF) (FRANKFURT: O92) (the “Company” or “Zeus”) welcomes Mr.
Simon Clarke to the Company’s Board of Directors, effective immediately.
Mr. Clarke brings 25 years experience in building companies and implementing successful capital
markets and growth strategies focused in mining, energy, and energy technology. Mr. Clarke
brings significant experience and knowledge of the Critical Minerals space and his roles with
American Lithium, M2 Cobalt and Jervois Mining included managing government and stakeholder
initiatives relating to the supply of battery metals in a number of jurisdictions. In particular, he has
first-hand experience of the critical mineral initiatives in the United States and the urgent need to
develop domestic sources of supply of critical minerals, including battery grade lithium, cobalt
and copper.
Mr. Clarke is currently CEO, President & Director of American Critical Minerals Corp. (a potash
and lithium exploration / development company), recently re-branded from American Potash
Corp.. He is also Chair and a Director of Myriad Uranium.
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Previously Mr. Clarke was CEO & Director of American Lithium Corp. Beyond its development
stage lithium projects, American Lithium is also developing the Macusani Uranium Project, the
largest uranium asset in South America and one of the largest development stage uranium projects
globally. Mr. Clarke was with American Lithium for four years, during which time its Market
Valuation reached $1.2 Billion at the height of the last lithium cycle, Mr. Clarke was also a co-
founder, CEO, and Director of M2 Cobalt Corp., focused on cobalt and copper in East Africa. M2
Cobalt was acquired by Jervois Global in June 2019 and as part of the transaction terms, Mr. Clarke
joined Jervois as a Director and then as part of Senior Management for a 12-month term.
Mr. Clarke was a co -founder of Osum Oil Sands Corp. valued in excess of US$1 billion at its
peak and which produced in excess of 20,000 barrels of oil per day when it was acquired by
Waterous Energy Fund for approx. $400 million in April, 2021. Mr Clarke holds an LLB and
Diploma in Legal Practice from Aberdeen University, Scotland.
Mr. Clarke commented “I am delighted to be joining Zeus at this exciting stage in its evolution.
Recent global events and recent developments in the copper sector position the Company to benefit
strongly from a renewed focus on the need for quality domestic critical mineral projects. The need
for copper in so many applications across numerous industries is pushing the drive to include it
in the US Critical Minerals List a process that already passed Congress Late last Fall. It is critical
we develop quality domestic sources as quickly as possible. ”
Dean Besserer, CEO of Zeus North American Mining Corp. stated “We see this as a pivotal
time both for Zeus and critical mineral projects across the United States of America. We Welcome
Simon’s global and high- level experience to the board. His experience with high profile
companies in the mining and energy sectors should prove to be invaluable to Zeus as we take
Cuddy Mountain to the next level.”
About the Cuddy Mountain Copper Property (Idaho, USA)
The Cuddy Mountain Property is adjacent to Hercules Metals Corp. recently discovered Leviathan
Copper Porphyry discovery ($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).
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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).
*Adjacent Property (www.herculesmetals.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 a s to accuracy and
completeness. Zeus’s management cautions that past results or discoveries on properties in
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proximity to Zeus may not necessarily be indicative of the presence of mineralization on the
Company's properties.
Mr. James McCrea, a director, has resigned effective immediately to pursue other endeavours.
The board wishes to thank James for his contributions over the last year.
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 [email protected]
FOR INVESTOR RELATIONS CONTACT:
Kin Communications Inc. Ph: 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.
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
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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. S uch 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 facto rs 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 an d 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.