zonte metals

Gambler, you were probably right yesterday. Here is depth and all the other platforms are bidding with no offers, so they are short.

as RonS mentioned,

Persistence will pay off for Zonte and their shareholders.

i'm still optimistic.

maybe not a bad idea

maybe not a bad idea

Quick, somebody tell Wall Street Bets

Maybe fake offers from shorts? Makes little sense for such a large offer. I see 600k with other platforms

Big wall at .205 cents. Here is your chance to load up the truck !

latest depth

Time is ticking for B2Gold. Anglogold mentioned the disputed claims in the pre-feasibily and I would think they would eventually be open for a shareholder class action lawsuit if they do address it in the Feasibility, even if the call it low risk again.

Low risk at a cost LOL

well you know its true. I has to make shareholders question BTO and AU about this .
I would think it would have to be part of the feasibility study no?

Here is the news

HALIFAX, NS, Feb. 4, 2021

TSXV: ZON

HALIFAX, NS, Feb. 4, 2021 /CNW/ - The Company wishes to provide the following update on the Gramalote Mineral Rights Application.

As previously announced, in a press release dated November 19, 2015, Zonte Metals Inc. along with a Colombian Partner (the "Partners") made application for open ground sitting over the Gramalote Deposit. Gramalote is host to a gold deposit located in Colombia and subject to a joint venture between AngloGold Ashanti (NYSE:AU) and B2Gold (TSX:BTO, NYSE:BTG) (collectively "Gramalote Colombia Limited"). The application was subject to review by the Secretaria de Minas ("Secretary of Mines"), Department of Antioquia, Colombia, which acknowledged that the area under application has open ground, but to date has denied issuing the title to the Partners which has required the Partners to pursue the matter through the Colombian Courts with the objective of having the application processed in accordance with the mining code. The mining code in Colombia was modified in 2019, however, the issue remains grandfathered by the original mining code in effect at the time of the application. The case is active and ongoing.

The open areas under application made by the Partners, according to a technical study generated by the Secretariat of Mine of Antioquia, covers 29.8 hectares of which portions are above the pit outline of two resources. An image of the application over the outline of the Gramalote Deposit is illustrated below.

Among the conditions of the case, the area under application is considered to be open ground and hence no exploration or mining activity is to be carried out by any party until the Court has ruled. The Partners continue to be active with the case and are waiting for a Court date for the trial. Updates will be provided as appropriate.

Gramalote Mineral Rights Application, Colombia (CNW Group/Zonte Metals Inc.)

Qualified Person
Dean Fraser, 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 has an option to earn 100% in the Cross Hills IOCG project located in Newfoundland. In Colombia the company has a 25% carried interest in Project X where historic drilling interested 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.

Bids are strong