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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 resourceon Aug 09, 2019 11:19am
255 Views
Post# 30011176

Large target at Cross Hills

Large target at Cross Hills

Been a while since I posted on Stockhouse, looks like they did a face lift, wiped out some of my favorites and such?

Zonte Metals Inc. has discovered a new IOCG (iron-oxide-copper-gold) target, called K8, and has started a detailed ground gravity survey at its Cross Hills IOCG project.

Graphic picture can be found here
https://www.playstocks.net/index.php/forum/junior-resource-explorers/10-zonte-metals?start=12#123313

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 data shows the strongest part of the magnetic profile having significant depth up to 600m. One surface rock grab sample collected from the target area assayed 0.3% copper and 0.18 g/t gold. The Company cautions that grab samples are selective by nature and the result may not be representative of mineralization in the target area. Subsequent to that result, follow-up prospecting identified intermittent disseminated and stringer chalcopyrite mineralization with surface copper mineralization traced for over 600m strike length. Ground magnetics between the K6 and K8 targets suggest one continuous system with the variable magnetics wherein both magnetite and hematite, including specular hematite have been noted.

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