Mr. Dean Besserer reports

ZEUS NORTH AMERICA MINING CORP. SIGNS OPTION AGREEMENT TO ACQUIRE MINING CLAIMS IN IDAHO

Zeus North America Mining Corp. has signed an option agreement to acquire a 100-per-cent interest in certain patented mining claims located in Butte county, Idaho.

Terms of the option agreement

Subject to Canadian Securities Exchange approval, Gary Baker will grant Zeus's wholly owned subsidiary, CJ-1 LLC, the sole and exclusive right to acquire a 100-per-cent interest in the claims over a five-year period by making the following cash payments:

• $15,000 (U.S.) upon the signing of the option agreement;

• $25,000 (U.S.) six months following the date of the option agreement;

• $40,000 (U.S.) on or before the first anniversary of the date of the option agreement;

• $40,000 (U.S.) on or before the second anniversary of the date of the option agreement;

• $50,000 (U.S.) on or before the third anniversary of the date of the option agreement;

• $50,000 (U.S.) on or before the fourth anniversary of the date of the option agreement;

• A final payment of $530,000 (U.S.) 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-per-cent interest in the claims and will grant to Baker a 2-per-cent net smelter returns (NSR) royalty on the claims, of which one half of the respective royalty (1 per cent) may be acquired by CJ-1 LLC at any time for a purchase price of $1-million. CJ-1 LLC has the option to make an aggregate payment of $500,000 (U.S.) 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, PGeo, the president and chief executive officer for the company and qualified person as defined in NI 43-101.

On behalf of the board of directors.

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-per-cent interest in the Delker and Bulls Eyes copper-gold properties in Nevada, and an option agreement to acquire a 100-per-cent interest in certain patented mining claims in Idaho.

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