Zonte Metals discovers a large gravity anomaly at the N Dunns target and expands the Dunns Mountain gravity anomaly on its Cross Hills Copper Project.
Zonte Metals discovers a large gravity anomaly at the N Dunns target and expands
the Dunns Mountain gravity anomaly on its Cross Hills Copper Project.
May 29, 2025 TSXV: ZON
Zonte Metals Inc. (TSXV:ZON)(XOTC:EREPF) is pleased to report the discovery of a large
gravity anomaly at the N Dunns target and the extension of the Dunns Mountain gravity
anomaly, on its Cross Hills Copper Project in Newfoundland and Labrador.
Highlights from gravity data results at N Dunns and Dunns Mountain target:
The N Dunns gravity target measures 3300m, up to 650m wide and up to 1000m deep.
N Dunns gravity target is coincident with copper-in-soils.
Dunns Mountain gravity anomaly has been extended north by 600m.
Terry Christopher, President and CEO, commented: “The N Dunns gravity survey was completed
over the previously identified magnetic anomaly at N Dunns. The newly discovered gravity
anomaly measures 3300m along strike, up to 650m wide, up to 1000m thick and is open along
strike to the NW. The anomaly is spatially coincident with previously completed copper-in-soils
over the area, and sits parallel to and crosscuts an interpreted large fault. The new survey data also
has allowed additional processing of the previously collected Dunns Mountain target gravity data.
Most of the early drilling by the Company was completed at Dunns Mountain, where values in
drill core up to 14% Cu, 15.8 g/tr Au and 352 g/t Ag over 0.43m were recorded. Interpretation of
the new processing of the Dunns Mountain gravity data suggests that the anomaly extends much
farther north than previously known. Additional exploration, including additional gravity is
required at both N Dunns and Dunns Mountain targets. ”
The N Dunns target was discovered during a helicopter magnetic airborne survey (see press release
dated Jan 19, 2021). The anomaly has seen limited exploration since that time, except for a first
pass soil program and minimal prospecting. The 3D residual gravity processing, in the 0.3 – 0.6
g/cc range, identified a large anomaly sitting approximately 100 below surface, measuring 3300m
along strike, up to 650m wide, and is open in one direction along strike. The anomaly ranges from
650m to +1000m in thickness. While the target has been subject to minimal exploration, a two-
centimetre-wide quartz stringer vein, sitting at surface above the anomaly, contained trace
chalcopyrite, malachite and azurite. Additional exploration programs, including prospecting,
mapping, additional gravity and soils are required to fully evaluate this target.
With the additional gravity survey coverage from the 2025 program, which extended close to the
Dunns Mountain target, the Company was able to re-process the gravity data from this target. The
additional processing has expanded the previously known gravity anomaly to the north by 600m.
Additional gravity data is required to close off the anomaly, hence the exact size is not yet
established. Dunns Mountain was the subject to most of the early drilling programs, where the
Company intersected values in drill core up to 14.0% Cu, 15.8 g/t Au and 352 g/t Ag over 0.43m.
(see press release dated June 3, 2019). Additional exploration is now required on the newly
identified target extension.
Note that geophysical surveys are not definitive, and the results are still at an early stage of
interpretation, with no guarantee of a mineral discovery.
Imagery for the new gravity data is exhibited below. Additional information on the project can be
found at the following link https://www.zontemetals.com/projects/cross-hills-copper-property
Figure 1. Plan view of the N Dunns and Dunns Mountain inversion gravity anomalies (0.3 – 0.6
g/cc).
Figure 2. Cross-section of the N Dunns and Dunns Mountain gravity anomalies, looking east.
(0.3 – 0.6 g/cc).
About Zonte
Zonte Metals Inc. is a junior explorer focused on gold and copper. The Company owns 100% of
the MJ project, in the Tintina Gold Belt, located in the Yukon Territory and the Cross Hills Copper
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.
For further information contact:
Terry Christopher
CEO and President
902-405-3520
www.zontemetals.com