zonte metals

I'm safe and well Goldman,thanks for asking,hope you are well also,

strong and good results from MJ would certainly move the share price up,i'm guessing Zonte will need a new financing in 2021 for their drilling programs,a significant uptrend would create a great opportunity for an interesting deal,

and since Zonte can't rely on a settlement coming from Columbia in 2021,a big discovery can be the spark to move share price higher and therefore attracting new investors into the stock,maybe it could begin with VGCX shareholders,

can't wait to find out how many meters Terry Christopher has in mind for the drill program at the McConnell Jest property.

In Terry we trust....!!!

Hello Ron :

Hoping that you are safe and well .

By the way, the dollar amount involved is insignificant and immaterial . It is a nuisance law suit . Plus the applicant did not even acknowledge the amount of their purchase .

Terry Christopher will be going to the McConnell Jest Property shortly . Below is a paragraph from the April 12 , 20-21 Press Release .

" The company is also pleased to announce it has applied for exploration permits for the upcoming exploration
season in the Yukon Territory on its MJ project. The focus area of the program will be along the western border
of the property, adjacent to Victoria Gold's Dublin Gulch project, where Victoria has made a significant
discovery at its Raven target. In addition, Zonte will carry out exploration on the company's two four target
area, where it discovered gold mineralization in drilling in 2017. The company will provide further details once
permits have been received and plans formalized."

Go Zonte Go !!!

bad news for VGCX today,

VICTORIA GOLD DISCLOSES LITIGATION CLAIM
WHITEHORSE, Yukon, May 12, 2021 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces that a securities class action has been commenced in the Supreme Court of British Columbia, naming as defendants the Company, certain of its directors and officers, and underwriters who participated in a secondary offering of securities of Victoria that was completed in September 2021. The notice of civil claim alleges that certain of Victoria’s public disclosures contained misrepresentations, and advances primary and secondary market claims in relation to the disclosures identified.
The Company believes the allegations in the claim are meritless and intends to vigorously defend the action.

About the Dublin Gulch Property
Victoria Gold's 100%-owned Dublin Gulch gold property (the “Property”) is situated in central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year round, and is connected to Yukon Energy's electrical grid.

The Property covers an area of approximately 555 square kilometers, and is the site of the Company's Eagle and Olive Gold Deposits. The Eagle Gold Mine is Yukon's newest operating gold mine. The Eagle and Olive deposits include Proven and Probable Reserves of 3.3 million ounces of gold from 155 million tonnes of ore with a grade of 0.65 grams of gold per tonne, as outlined in a National Instrument 43-101 Technical Report for the Eagle Gold Mine dated December 3, 2019. The Mineral Resource under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Eagle and Olive deposits has been estimated to host 227 million tonnes averaging 0.67 grams of gold per tonne, containing 4.7 million ounces of gold in the “Measured and Indicated” category, inclusive of Proven and Probable Reserves, and a further 28 million tonnes averaging 0.65 grams of gold per tonne, containing 0.6 million ounces of gold in the “Inferred” category.

Cautionary Language and Forward-Looking Statements
This press release includes certain statements that may be deemed “forward-looking statements”. Except for statements of historical fact relating to Victoria, information contained herein constitutes forward-looking information, including any information related to Victoria's strategy, plans or future financial or operating performance. Forward-looking information is characterized by words such as “plan”, “expect”, “budget”, “target”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may”, “will”, “could” or “should” occur, and includes any guidance and forecasts set out herein (including, but not limited to, production and operational guidance of the Corporation). In order to give such forward-looking information, the Corporation has made certain assumptions about the its business, operations, the economy and the mineral exploration industry in general, in particular in light of the impact of the novel coronavirus and the COVID-19 disease (“COVID-19”) on each of the foregoing. In this respect, the Corporation has assumed that production levels will remain consistent with management's expectations, contracted parties provide goods and services on agreed timeframes, equipment works as anticipated, required regulatory approvals are received, no unusual geological or technical problems occur, no material adverse change in the price of gold occurs and no significant events occur outside of the Corporation's normal course of business. Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those described in, or implied by, the forward-looking information. These factors include the impact of general business and economic conditions, risks related to COVID-19 on the Company, global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future conditions, anticipated metal production, fluctuating metal prices, currency exchange rates, estimated ore grades, possible variations in ore grade or recovery rates, changes in accounting policies, changes in Victoria's corporate resources, changes in project parameters as plans continue to be refined, changes in development and production time frames, the possibility of cost overruns or unanticipated costs and expenses, uncertainty of mineral reserve and mineral resource estimates, higher prices for fuel, steel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, final pricing for metal sales, unanticipated results of future studies, seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of exploration activities, requirements for additional capital, permitting time lines, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims, limitations on insurance coverage and timing and possible outcomes of pending litigation and labour disputes, risks related to remote operations and the availability of adequate infrastructure, fluctuations in price and availability of energy and other inputs necessary for mining operations. Although Victoria has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in, or implied by, the forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding Victoria's expected financial and operational performance and Victoria's plans and objectives and may not be appropriate for other purposes. All forward-looking information contained herein is given as of the date hereof, as the case may be, and is based upon the opinions and estimates of management and information available to management of the Corporation as at the date hereof. The Corporation undertakes no obligation to update or revise the forward-looking information contained herein and the documents incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable laws.

For Further Information Contact:
John McConnell
President & CEO
Victoria Gold Corp
Tel: 604-696-6605
This email address is being protected from spambots. You need JavaScript enabled to view it.

Was informed that CDE could be interested of buying VGCX,but before, they want a seat on the board to have access to all the information on the operations side,depending on what they see and learn,they will decide whether to buy or not.

Yes good news, another major moving in. The exploration season is just beginning in the Yukon. If Zonte gets back there this year and makes some good drill hits, we could see some big fireworks.

Major news on VGCX,if Zonte can come up with a strong drill program,we really could see fireworks in 2021.

Coeur Announces Investment in Victoria Gold Corp.
Chicago, Illinois – May 10, 2021 – Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE)
announced today that it has entered into an agreement to acquire 11,067,714 (approximately 17.8%) of the
outstanding undiluted common shares of Victoria Gold Corp. (“Victoria”) (TSX: VGCX) from Orion CoVI Ltd. (“Orion”), at price of C$13.20 per share which reflects a 5% discount to the trailing 30-day volume
weighted price for the period ending May 7, 2021. In connection with the transaction, Orion will receive
12,785,485 shares of Coeur common stock (approximately 4.9% of issued and outstanding shares), based
on the trailing 30-day volume weighted price of $9.17 per share, for the period ended May 7, 2021,
representing aggregate consideration of approximately $117.2 million. Orion’s sales of Coeur shares will
be subject to certain restrictions. The transaction is expected to close on or about May 11, 2021, subject to
closing conditions.
“We have long admired the quality of Victoria’s Eagle asset and its recent success in ramping up operations.
This compelling opportunity to acquire 17.8% ownership interest in Victoria from Orion is consistent with
our stated strategy and capital allocation framework, and complements our existing portfolio of precious
metals assets in high-quality jurisdictions in North America,” commented Mitchell J. Krebs, Coeur’s
President and Chief Executive Officer. “We are excited to become a shareholder of Victoria, and believe
this transaction represents an attractive investment for our stockholders.”
Concurrently, the Company and Orion also entered into an agreement pursuant to which Orion has agreed,
subject to certain terms and conditions, among other things, to certain transfer restrictions on its remaining
shares in Victoria and to support, vote in favor of, or deposit all common shares it owns in favor of an offer,
proposal or transaction that is supported by the board of directors of Victoria that would result in the
acquisition by Coeur of more than 50% of the common shares of Victoria, or all or substantially all of the
assets and properties of Victoria on a consolidated basis.
An early warning report will be filed by Coeur in accordance with applicable securities laws. As indicated
in such report, in the future, Coeur may acquire or dispose of common shares or other securities of Victoria,
either on the open market or in private transactions, depending on a number of factors. Coeur may engage
in discussions with Victoria, and, if and when appropriate, its representatives, regarding the Company’s
investment and possible strategic alternatives. While no present plans exist in this regard, Coeur may
consider or develop plans and/or make proposals with respect to potential strategic transactions involving
Victoria’s shares, business or assets.

www.coeur.com/_resources/news/nr_20210510.pdf

Goldman, great post. I have been accumulating stock down here, bought some more yesterday at 0.175.

Here is a great chart that puts copper into perspective. New all time record highs lately. There is no reason copper cannot go to $10.

Right on the button Goldman,keep posting,and why not a 15 or 20 bagger,lets be more optimistic !!!!!

Excellent posts lately .

The May 4th B2Gold Press Release was very good for Zonte Metals .

B2Gold , the Gramalote Joint Venture General Partner , acknowledged that Gramalote has land title problems .

I feel confident that the numbers in the final feasibility study will have more grams per ton , more tons , a higher gold price per ounce , a much higher project value and an increased Net Present Value with a move forward decision .

The 2021 JV Budget was increased from $ 52 million to $86 million , with some allocation for " Advancing the purchase of key properties required for project development "

This has improved the odds that a reasonable portion will be to obtain the important , strategically located Zonte claims .

Any shares purchased in the current price range should yield lucrative future rates of returns . The current market valuation is about , only Cdn $12 million .

In my opinion , each of Cross Hills , Columbia and McConnell Jest are worth at least Cdn $12 million . Newlfoundland mining stocks are hot ! Victoria Gold will increase production this year and stated that before the end of 2021 , they will have a 43-101 report for the Raven and Nugget area situated less than a km from Zonte's property .

Soon , Zonte could trade in the 20's , then 30's and then the 40's . Shortly after , then the stock price should gap up !!!


Remember , all those stock forecasts at $1 and $ 2 or higher .

Zonte Metals deserves a 5 or 10 bagger !!!

Go Zonte Go !!!

For newcomers,it's a good entry point at $0.19,could be the reason why RonS has a strong buy on the stock,"buy low and sell high" they say,once they announce the exploration program,the ask at $0.19 will be eaten right away.

Unfortunately Flynn is right. I see no interest even at 18-19 cents. The nature of explorers. Most likely the only way this will move is if they are working constantly will drill results that produce amazing results.
Maybe this will happen in the Yukon this year but I don't expect anything until late summer or fall. Until then its dead money.
You cant sell at a good price and anyone can buy, but no one is.
There is no reason to buy at this time, you will only waiting for an unknown outcome.

let me take a stab at the depth.

It tells me, not to buy. No interest. Will be the same price this time next week.
See you in a week, to see if I read the Tea leafs correctly.