ZON Zonte Metals is pleased to provide the following an update on discovery of a large magnetic airborne anomaly. During the fall of 2020 the Company contracted a high-resolution magnetic airborne survey over three areas on its Cross Hills Property. The areas covered in the survey were generally where no exploration has been conducted, and included a northern, central and southern block, spanning nearly 25km along strike [...]
Zonte Metals is pleased to provide the following an update on the initial two drill holes at the K7 target and the discovery of a large magnetic anomaly north of Dunns Mountain. The K7 target is a coincident gravity/magnetic anomaly sitting approximately 13km south of Dunns Mountain and between the K6 and K8 targets. The K7 target was discovered during a gravity survey which identified a large target sitting 130-150m [...]
Zonte Metals Inc. has completed a total of seven drill holes, including five at Dunns Mountain and two at the K7 target. The K7 holes are being assayed and will be released once the data has been received and interpreted. At Dunns Mountain the holes were designed to test various aspects from the geophysical and geochemical dataset. In summary, drilling intersected a significant hydrothermal system, with copper [...]
Zonte Metals Inc. is pleased to announce it has retained a 25% carried interest in an option agreement for a gold property in western Colombia. Zonte permitted Southern Sky Resources Corp. a private company, to enter into a five-year option agreement for the Project X property, which sits in the Cordillera Occidental of Colombia, in return for its retained interest. Project X, is an advanced gold exploration property [...]
TSXV: ZON Zonte Metals is pleased to provide the following update on the Wings Point Gold Project. Highlights: Discovers anomalous gold at Wings Point in drilling including a significant quartz- carbonate-sulphide system. Expands Wings Point claims via staking, acquiring 43 additional claims contiguous and south of Wings Point where historic till sampling recorded 59.2 g/t gold. The Wings Point project is composed of 144 [...]
Zonte Metals is pleased to provide the following update on the ongoing phase 2 drill program at its Cross Hills Iron Oxide Copper Gold Project. The Company also wishes to announce it has completed the phase 1 drill program at its Wings Point Gold Project. At the Cross Hills IOCG project, winter drilling included the completion of four holes with a fifth in progress at the Dunns Mountain target. The winter program was shut [...]
Zonte Metals is pleased to provide the following update on the Phase 2 drill program at its Cross Hills Iron Oxide Copper Gold Project and the commencement of Phase 1 drilling at the Wings Point Gold Project. Phase 2 drilling at the Cross Hills property is focusing on the Dunns Mountain target, where the Company has previously intersected copper, silver and gold in an IOCG system. Drilling was suspended early April due to [...]
Two drill holes were completed on both the K6 and Dunns Mountain targets during November - December of 2019. The initial proposed program was hampered by uncharacteristic heavy rains so drilling locations were altered to logistically accessible areas within the targets. The present drill program, which is in progress on Dunns Mountain, will allow testing of the targets that were not easily accessible during 2019 program [...]
Zonte Metals announces that it has completed its previous announced non-brokered private placement after further increasing the financing to $1.5 million consisting of 4,183,167 flow through shares at a price of $0.30 and 1,157,935 Units at a price of $0.23 for total proceeds of $1,521,275, subject to TSX Venture Exchange approval. Each Unit will consist of one common share and one-half of one share purchase warrant, with [...]
Zonte Metals Inc. announces that, due to increased demand, it has increased the size of its previous announced non-brokered private placement to $1.4 million consisting of 4,183,167 flow through shares at a price of $0.30 and 723,044 Units at a price of $0.23 for total proceeds of $1,421,250, subject to TSX Venture Exchange approval. Each Unit will consist of one common share and one-half of one share purchase warrant [...]
Zonte Metals Inc. has completed a $1.25 million financing consisting of 4,166,667 flow through shares at a price of $0.30 for total proceeds of $1,250,000, subject to TSX Venture Exchange approval. The securities issued pursuant to the Offering will be subject to a four-month and one day statutory hold period. In connection with the private placement, Zonte will pay finders' fees to Eligible Finders of $75,000 in cash [...]
Zonte Metals is pleased to announce the discovery of two large gravity anomalies and the commencement of drilling at the Dunns Mountain target on its Cross Hills IOCG project. Highlights: Discovery of a large gravity high anomaly sitting under Dunns Mountain. 3D Inversion modelling indicates the target measures 750m long, 400m wide and up to 1000m deep Gravity anomaly extends under the magnetic anomaly and drill holes [...]