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Zeus North to acquire Delker and Bulls Eye

Published by , Editorial Assistant
Global Mining Review,


Zeus North America Mining Corp. has signed a Letter of Intent (LOI) to acquire a 90% interest in both the Delker and Bulls Eye copper-gold properties in northeast Nevada, USA.

About the Delker property:

  • The property is located approximately 79 km from the town of Elko Nevada.
  • 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 highgrade Cu-Au skarn and potential porphyry Cu-Au targets at depth. The past producing Delker Mine, which produced 94 434 lb of copper at an average grade of 6.2% Cu between 1916 – 1917, shares its northern boundary with the Delker property and the southern boundary with Reyna Silver’s Medicine Springs Ag-Pb-Zn CRD project.
  • 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.
  • Nevada was ranked the world’s top mining jurisdiction by the Fraser Institute in 2022.
  • The property lies within the ‘new base metal trend’ in Nevada.
  • Historical surface work by GHK (1980) at the Delker Hill area within the Property included eight rock grab samples containing >0.2 g/t Au, having a peak value of 2.33 g/t Au.
  • Historical shallow drilling (less than 100m drill holes) within the West Buttes area by Pegasus Gold Corp. resulted in broad zones with anomalous Au.

About the Bulls Eye property:

  • The property is located approximately 79 km from the town of Elko Nevada, 17 km north of the Delker Property.
  • The property is within Elko County and consists of 40 BLM claims, and there are no protected areas within the property.
  • The property is underlain by a coincidental magnetic high and gravity high suggesting a potential buried porphyry.

Read the article online at: https://www.globalminingreview.com/mining/12062025/zeus-north-to-acquire-delker-and-bulls-eye/

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