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Zonte Metals Inc V.ZON

Alternate Symbol(s):  EREPF

Zonte Metals Inc. is a Canada-based junior mineral exploration company primarily focused on gold and copper. Its projects include Wings Point Gold Property, McConnell's Jest Project (MJ project) and Cross Hills Project (Cross Hills). The Cross Hills Project is located on the island portion of Newfoundland and Labrador, approximately 20 kilometers from the town of Terrenceville and consists of approximately 573 claims covering over 14,325 hectares. The McConnell’s Jest Project is in the Yukon Territory about 65 km northeast of the town of Mayo and consists of approximately 172 contiguous quartz claims. It holds a 100% interest in the Wings Point Project located on the island portion of Newfoundland and Labrador, about 30 km north of Gander and at the northern end of the central Newfoundland gold belt. In addition, the Company has an application for open areas sitting on top of the open pit outline of the Gramalote Deposit in Colombia. It also has a 25% carried interest in Project X.


TSXV:ZON - Post by User

Bullboard Posts
Post by bcjton Jun 27, 2017 12:57pm
156 Views
Post# 26409332

psych01

psych01
You're not understanding the situation at all. The courts have ruled that Zonte has a legitimate claim to the land. The courts have ordered work to stop on gramalote until this is settled. It appears that Anglo doesn't know how to dot an i and forgot to cross their t's
 
You might also do some due diligence into other situation like this in Colombia - like Ventana, before taking a stab at the potential gain to Zonte.

bcjt
Bullboard Posts