Zonte Metals is pleased to announce the discovery of a second large gravity anomaly and commences drilling at the K6 target on its Cross Hills IOCG project. The recently completed gravity survey was carried out over two separate areas; a southern block covering the K6 and K8 areas and a northern block covering the high priority Dunns Mountain target - Carols Hat area. As press released on October 8, the Company announced [...]
Zonte Metals is pleased to announce the discovery of a significant gravity anomaly at the K6 target identified during recently completed detailed ground gravity survey at its Cross Hills Iron Oxide Copper Gold project. The gravity survey carried out during July to September was completed over two different blocks. A southern block which covers the area between and including K6 and K8 targets and a northern block which [...]
Zonte Metals is pleased to announce the discovery of a new IOCG target, called K8, and the start of the detailed ground gravity survey at its Cross Hills Iron Oxide Copper Gold. The K8 target, which sits about 2km south of the K6 target, was discovered with high resolution ground magnetics. The target is defined by moderate to strong magnetics and is about 1200m by 600m in area. 3D inversion processing of the magnetic [...]
Zonte Metals is pleased to provide the following update on an amendment to the McConnells Jest, Yukon Territory, option agreement. The Company has amended the terms of the the McConnells Jest property option agreement wherein it has agreed to pay $25,000 and issue 83,333 shares upon TSXV approval in lieu of the scheduled $50,000 property payment due January 20, 2020. The McConnells Jest property is an Intrusion Related [...]
TSXV: ZON Zonte Metals Inc. is pleased to announce the remainder of its assay results from its recently completed Phase 1 drill program at its Cross Hills Iron Oxide Copper Gold Project on the island of Newfoundland and Labrador along with the results of additional Induced Polarization/resistivity surveying performed over priority areas on the eastern side of the Dunn's Mountain Property. The Phase 1 program conducted on [...]
TSXV: ZON Zonte Metals is pleased to announce initial, partial results from its recently completed phase 1 drill program at its Cross Hills Iron Oxide Copper Gold project on the island of Newfoundland and Labrador. The program was conducted on the Dunns Mountain target and consisted of five drill holes designed to test various geophysical variabilities in order to ascertain possible relationships with copper [...]
TSXV: ZON HALIFAX, April 8, 2019 /CNW/ - The company is pleased to announce it has completed a Phase 1 drill program on the Cross Hills Iron Oxide Copper Gold project by performing a first pass evaluation of the large Dunns Mountain IOCG target. The program consisted of five holes totaling 1421 metres, which was an increase from the initial four-hole, 1000 metre program. The initial drill program was designed to test [...]
TSXV: ZON Zonte Metals Inc. is pleased to announce it has commenced drilling at the Cross Hills Iron Oxide Copper Gold Property in Newfoundland and Labrador. The first drill hole is well underway at the Dunns Mountain target where a large target defined by coincident high-resolution ground magnetics, induced polarization and a mineralized corridor containing copper, silver and gold in surface grab samples . The Dunns [...]
Zonte Metals Inc. announces that, due to increased demand, it has increased the size of its previous announced non-brokered private placement to $1.7 million financing consisting of 3,624,000 units at a price of $0.25 and 2,793,333 flow through shares at a price of $0.30 for total proceeds of $1,744,000, subject to TSX Venture Exchange approval. Each Unit will consist of one common share and one-half of one share purchase [...]
TSXV: ZON Zonte Metals Inc. is pleased to provide an update on the recent Induced Polarization survey at the Cross Hills Iron Oxide Copper Gold Project. Highlights: Discovery of a large IP anomaly coincident with surface copper mineralization and geophysical magnetic anomaly at Dunns Mountain. IP anomaly extends past the depth of penetration of 150 meters and remains open along strike and to depth. Company appoints John [...]
TSXV: ZON Zonte Metals Inc. is pleased to provide an update on its ongoing exploration program at the Cross Hills Iron Oxide Copper Gold Project. Highlights: Discovery of a mineralized corridor spatially above the large magnetic target at Dunns Mountain. The mineralized corridor is approximately 390m long and 125m wide, and open. Twenty six samples averaged 1.37% Cu, 16.2 g/t Ag and 0.17 g/t Au. Copper as high as 9.1 [...]
TSXV: ZON Zonte Metals Inc. is pleased to provide an update related to its ongoing exploration program at the Cross Hills Iron Oxide Copper-Gold Project. Over the summer the Company completed additional exploration on the Cross Hills IOCG Project, including prospecting, mapping and additional high resolution ground magnetic surveys. Surface grab samples are presently in the laboratory and the Company is awaiting the [...]