TSXV: ZON
HALIFAX, Sept. 10, 2018 /CNW/ - Zonte Metals Inc. (TSXV: ZON)
("Zonte" or the "Company") is pleased to provide an update related to its ongoing exploration program at the Cross Hills Iron
Oxide Copper-Gold (IOCG) 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 results, which will be released once received and interpreted.
In addition and based on field observations, the Company has increased its land position from the initial 327 claims to 493
claims (or 81.75 to 123.25 sq. km). Although much of the initial property has not yet been explored, the increased land position
was acquired as a result of identifying the possible controls for mineralization at the Dunns Mountain and K6 targets.
Exploration is continuing with the immediate focus on bringing the known targets to the drill stage, if warranted. An update of
the drilling plans will be announced once all data are in hand and the program has been set.
Terry Christopher, President and CEO states "Exploration at the Cross Hills IOCG project has
been successful identifying iron oxide alteration coincident magnetic anomalies with surface copper mineralization, as seen at
the K6 and Dunns Mountain targets. At this point the Company has elected to build on recent exploration and advance the targets
through additional exploration in preparation for drilling. Work is presently underway and expected to be concluded within a
month or so."
Addition information on the Cross Hills Project can be viewed at http://www.zontemetals.com/projects/cross-hill-project.
About Zonte
Zonte Metals Inc. is a junior explorer focused on gold and copper. The Company has signed Option Agreements to acquire 100% of
the McConnells Jest project, in the Tintina Gold Belt, located in the Yukon Territory and the
Cross Hills IOCG project located in Newfoundland and holds a 100% interest in the drill ready
Wings Point Gold Project also located in Newfoundland. In addition, the Company and partner have an application over open
areas sitting on top of the open pit outline of the Gramalote Deposit in Colombia, which is held
by AngloGold Ashanti (NYSE:AU) and B2Gold (TSX:BTO, NYSE:BTG). The title issuance is being contested by the state governing the
application and the Company has started legal action to protect its rights.
Forward-Looking Information
This news release contains forward-looking statements which include statements regarding the Corporation's future plans, as well
as statements regarding financial and business prospects and the Corporation's future plans, objectives or economic performance
and financial outlooks. The Corporation believes that the expectations reflected in this news release are reasonable but actual
results may be affected by a variety of variables and may be materially different from the results or events predicted in the
forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements. In
evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to
differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the
date hereof, and unless otherwise required by applicable securities laws, the Corporation does not intend nor does it undertake
any obligation to update or revise any forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of
accuracy of this release.
www.zontemetals.com
SOURCE Zonte Metals Inc.
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