Zonte announces commencement of drilling at the McConnells Jest Project, Yukon Territory TSXV – ZON
Zonte announces commencement of drilling at the McConnells Jest Project, Yukon Territory
TSXV – ZON
HALIFAX
,
July 19, 2017
/CNW/ - Zonte Metals Inc. (TSXV: ZON) (the "Company" or "Zonte") is pleased to announce that a rig has been mobilized to the
McConnells Jest Project and drilling has commenced. A total of about 1500 metres will be core drilled with the first several holes targeting the Hill Zone. This will
be followed by drill testing the Two Four Zone. The company will provide updates on the drill program as they occur.
A map of the Property and additional details about the Hill and Two Four Zone target areas can be obtained on the company's webpage at
www.zontemetals.com
.
About Zonte
Zonte Metals Inc. is a junior explorer focused on gold and copper. The Company has signed an Option Agreement to acquire 100% of the McConnells Jest
project, in the Tintina Gold Belt, located in the
Yukon Territory
, which is composed of 172 claims totaling approximately 3371 hectares, and holds the drill ready
Wings Point Gold Project located in
Newfoundland
and
Labrador
. In addition, the Company and a Colombian partner have an application over open areas sitting on
top 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.
SOURCE
Zonte Metals Inc.
View original content: http://www.newswire.ca/en/releases/archive/July2017/19/c6211.html
%SEDAR: 00029601E
For further information:
Terry Christopher, CEO and President, Tel: 902-405-3520, [email protected]
CO: Zonte Metals Inc.
CNW 08:45e 19-JUL-17