Zonte identifies two new copper-in-soil anomalies at Cross Hills Copper Property
Zonte identifies two new copper-in-soil
anomalies at Cross Hills Copper Property
TSXV: ZON
HALIFAX, NS
,
April 28, 2022
/CNW/ - Zonte Metals is pleased to provide the following update on
the Cross Hills Copper Project, located in
Newfoundland
and
Labrador, Canada
.
The Company has discovered two copper-in-soil anomalies on the newly discovered K10 target. The
K10 target was discovered during the Fall of 2021 and is characterized by bedrock copper
mineralization in three separate surface zones (see
January 26, 2022
press release). The three
zones of surface mineralization lie within a 1600 by
1100m
area and the limits of anomalies are
obscured due to soil cover.
A reconnaissance soil program, composed of four widely spaced lines, was completed over the K10
target area through which two copper-in-soil anomalies were identified; one on each of the northern
and southern portions of the target. The northern anomaly measures 800 by
400m
and is open to
the north and northwest. The southern anomaly measures 1000 by
550m
and is open to the
northwest. Both anomalies sit in and strike parallel to structural zones and are coincident with
copper-in-bedrock mineralization. The K10, K9 and K8 targets are in close proximity and additional
exploration will include magnetics and gravity surveying to vector towards and refine drill targets.
With the two new copper-in-soil anomalies at the K10 target, the Cross Hills Project now contains 10
targets over a 20km length. These targets have been identified over the last three years through
systematic and detailed exploration. Prior drill results at Dunns Mountain by the Company indicate a
fertile copper system, making each target a high-priority for drilling. The targets range from drill
ready to recently discovered. With these 10 targets the Company will be entering a multi-phase
testing program to drill the targets presently drill ready, while advancing other suitable targets to the
drill stage for testing. Property wide exploration will continue for additional targets.
Maps illustrating the targets throughout the project, including the new copper-in-soil anomalies can
be found at the following link
https://www.zontemetals.com/projects/cross-hills-copper-property
.
Qualified Person
Donald Blake
, P.Geo. is the qualified person as defined by NI 43-101 and has reviewed and
approved the contents and technical disclosures in this press release.
About Zonte
Zonte Metals Inc. is a junior explorer focused on gold and copper. The Company owns 100% of the
McConnells Jest project, in the Tintina Gold Belt, located in the
Yukon Territory
, the
Wings Point
project in the new Central Newfoundland Gold Belt, and the Cross Hills IOCG project located in
Newfoundland
and
Labrador
. In
Colombia
; the company has a 25% carried interest in Project X
where historic drilling intersected significant gold mineralization and 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.
SOURCE
Zonte Metals Inc.
View original content:
http://www.newswire.ca/en/releases/archive/April2022/28/c8070.html
%SEDAR: 00029601E
For further information:
Terry Christopher, CEO and President, 902-405-3520,
[email protected], www.zontemetals.com
CO: Zonte Metals Inc.
CNW 08:45e 28-APR-22