Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

Performance 2009 to 2023 (compound annual)

performance2009 2023Small

 

New subscribers, setup your Login ( Menu-Login)

Subscriptions

zonte metals

More
3 years 3 months ago #126189 by lynnsa10
lynnsa10 replied the topic: zonte metals
Still keep getting lots of smoke. Terry find the fire?
Lots of targets yet to test. My speculation is the discovery will be made at some point.
I have accumulated more stock at these prices and plan to continue. Here is news release text

2021-01-19 08:05 ET - News Release


Mr. Terry Christopher reports

ZONTE REPORTS RESULTS FROM INITIAL K7 DRILLING AND DISCOVERS LARGE MAGNETIC ANOMALY NORTH OF DUNNS MOUNTAIN.

Zonte Metals Inc. has provided an update on the initial two drill holes at the K7 target and the discovery of a large magnetic anomaly north of Dunns Mountain.

The K7 target is a coincident gravity/magnetic anomaly sitting approximately 13km south of Dunns Mountain and between the K6 and K8 targets. The K7 target was discovered during a gravity survey which identified a large target sitting 130-150m below the surface. Geologically, the target is hosted by an altered porphyritic unit displaying potassic, sodic and calcic alteration.

Two drill holes were completed from the same drill pad (668425E, 5290828N) on the eastern end of the target. Both holes interested anomalous copper and silver as well as anomalous rare earth mineralization. CH-20-11 was drilled towards the gravity anomaly, testing the portion of the target closest to surface. This drill hole intersected a 1.05m zone of 0.27% Cu with trace silver as well as two intervals (7.8 and 7.25m) with elevated Zr, Y, Ce and Nd. CH-20-12 intersected a 24m wide pyrite rich zone with anomalous Cu and Ag with the single highest Cu grade at 0.43% Cu and 14.1 g/t Ag over 0.3m. This hole also intersected a 4.8m interval with elevated Zr, Y, Ce and Nd. Both drill holes showed elevated IOCG geochemical signatures, such as Bi as well as abundant fluorite throughout the drill core. A table of the results is found below.

Subsequent to the drilling at K7, the company completed a MMI soil sampling survey in the area which identified two Cu anomalies; the first located on the south flank of the gravity anomaly and the second on the western side of the anomaly. Both are of significant size with the larger one up to 750m in length. Of note, soil sampling was hampered by limited quality sampling sites in the area and the anomalies remain open along strike where sampling could not be conducted. A map illustrating the gravity and soil anomalies with drill holes is found on the Company's webpage at link zontemetals.com/projects/cross-hill-project/

In addition, the Company is pleased to announce the discovery of a large magnetic anomaly, sitting 2km north of Dunns Mountain. Last fall the company complete a large airborne magnetic survey over portions of the property. Field checking through the fall was carried out on a number of anomalies for IOCG signatures. A large 3km by 2.5km magnetic anomaly was discovered about 2km north of the Dunns Mountain target. Time constraints resulted in a very limited prospecting program at the new anomaly, however, on the northern flank of the anomaly two copper showings were discovered. It was also noted that much of the anomaly is under cover and a program of additional prospecting, soil geochem and possible additional geophysics will be conducted. A map illustrating the new anomaly is found at the above noted link.

Terry Christopher, President comments 'The initial two drill holes at K7 tested just the eastern edge of the target area. Data shows the target carries copper, silver and rare earth metals. The target remains open, including to depth where the gravity anomaly has significant vertical thickness. The recent soil geochem will focus the next stage of drilling at K7, where the anomalies identified, sit on the flank of the gravity anomaly. The deeper parts and centre of the gravity anomaly has yet to be tested and will require a drill test as well. The newly discovered large magnetic anomaly north of Dunns Mountain is exciting as it's in an area not previously explored. The anomaly is large, being multiple times larger than the Dunns Mountain target, and although mostly covered, copper has been discovered on the northern flank. This anomaly will be a focus of significant exploration to advance the target for drilling, if warranted. "

Please Log in or Create an account to join the conversation.

  • PerseusLtd
  • PerseusLtd's Avatar
  • Visitor
  • Visitor
3 years 3 months ago - 3 years 3 months ago #126188 by PerseusLtd
PerseusLtd replied the topic: zonte metals
News today and the Year starts like the old year finished. Dissappointed !

zontemetals.com/press-release/zonte-repo...h-of-dunns-mountain/
Last Edit: 3 years 3 months ago by PerseusLtd.

Please Log in or Create an account to join the conversation.

More
3 years 3 months ago - 3 years 3 months ago #126187 by ron
ron replied the topic: zonte metals
agree 100% Gambler,

GIVE ME YOUR PREDICTION FOR THE 2021 CONTEST
FIRST COME,FIRST SERVED,NO ONE CAN HAVE THE SAME PREDICTION


THE BIG WINNER OF THE 2020 CONTEST IS CONRAD R

The 2020 high is $0.37,Conrad R predicted $0.42,congrats comrade.In 2018,the high was $0.41,2019 $0.39,2020 $0.37,slipping two cents lower again,a disappointment for many of us.We are all hoping 2021 will give us a strong appreciation in the share price.For those who have been holding ZON since 8-10 years,the waiting has been very frustrating.Terry is working hard for not diluting the stock,the huge reward could be arriving very soon.You can change your prediction until February 1st 2021.

THE PREDICTION FOR THE HIGH OF ZON RUNS FROM JANUARY 1ST 2021 TO JANUARY 1ST 2022

Goldman and Hoss mentioned in their wise posts

Goldman: The current Zonte market capitalization is about Cdn $11 million.Zonte is an exploration company focused on acquiring gold and copper exploration projects that show large scale potential.The portfolio is now diversified with five assets.Terry Christopher has protected the treasury and there are currently less than 60M shares outstanding.In my opinion,there is very significant upside share price potential based on 2021 developments in Newfoundland,the Yukon or Columbia.A quality IOCG( Iron Ore Copper Gold )discovery at Cross Hills in Newfoundland could quickly double or quadruple the share price.At Cross Hills,which is more than 100 square kilometers, Terry Christopher has already generated many targets at this large property and there are many areas not yet explored.Where is the shareholder spirit that there could be many Billions of pounds of copper discovered at Cross Hills ? If Zonte discovers that Tier One IOCG Deposit,then major mining Companies will have a bidding war to obtain ownership of Zonte's property.This property would then be extremely valuable.Zonte is looking for the source of the copper.When the copper deposit is found,then the Zonte stock price will be on a tear.Big mining companies will be all over Zonte.If Zonte hits an IOCG Deposit,then Cross Hills will be a premier World play.Terry Christopher is looking for the source of Hole 4 in 2019,which has 15% copper and 15 grams/ton gold and over 10 ounces of silver/ton.TC will eventually hit the copper system/deposit at Cross Hills and the stock price will shoot up.As well,gold and silver in the deposit can double or triple the value of the deposit.Gold and silver are the best minerals to have in your copper discovery.Remember,the copper is coming from somewhere.Further exploration work in 2021 at the Intrusion Related Gold System,McConnell Jest in the Yukon,could easily generate gold discovery results similar to the neighboring Victoria Gold property.Favorable 2021 McConnell Jest results would generate immediate interest for this property.About 0.7 grams/ton for about 20 meters has already been obtained twice in the same hole during the 2017 drilling program.
Victoria Gold is currently producing over 10,000 ounces monthly and the target is over 15,000 ounces monthly.As well,over the last 3 years,Victoria Gold has done exploration work near the Zonte border.Of significance,the three years of this exploration work has generated extremely good results.The McConnell Jest property has good potential value that is not reflected in the current stock price.In Columbia, the Gramalote Joint Venture partners of Anglogold Ashanti Ltd (currently over 9 Billion US Mk Cap) and B2Gold Corp (currently over $7 Billion Cdn Mk Cap) are both aware that Zonte's Columbian partners were first to make applications for open grounds that were open areas within the Gramalote Deposit.Compensation for these claims at Gramalote in Columbia should generate a lump sum of cash well in excess of Zonte's current market capitalization.B2Gold says they will have their Gramlote feasibility study done in Q1 2021,after that they will have to make a construction decision and deal with Zonte.So,there is justification that the Gramalote Joint Venture could offer compensation to Zonte's Columbian partners to advance their Gramalote Project into production.Gramalote could have in excess of 5 million ounces in the final feasibility study.At all in sustaining costs less than US $1,000 per ounce and sales per ounce of at least US $1,500 per ounce and in a very low interest rate environment,the Net Present Value of this project will be very high,like in the Billions.The Joint Venture Partners should pay a fair amount to Zonte's Columbian Partners to obtain the property that Zonte's Columbian partners claimed.This could be a Grand Slam Win for Zonte Metals Inc in the first half of 2021.I believe that there is hardly any value in Zonte's stock price for this position.Zonte has very good irons in the fire.The 2021 actual Zonte share price forecasts could be in line with the forecasts that were submitted in early 2020 for 2020.The year 2021 will be Zonte's year to shine and could possibly be trading at dollars per share !!!!!!


Hoss: I have been in countless exploration juniors over the years. I even stayed up in the wee hours drinking with the drillers to try and gain any insight. And I can tell you that nothing is for sure in drilling no matter what anyone says or how good this or that looks.The Dunns anomalies extend for about 1 kilometer and about 1/2 kilometer wide. If you convert that to city blocks, it is around 75 city blocks and they poked 5 skinny two inch drill holes among those 75 blocks.I think the stock has not responded to the upside because this is something new, there are not any IOCG systems in NFLD, and I don't think an economic one anywhere in Canada. There are some good iron deposits but they do not have any copper or gold. The market does not believe Zonte can find one, it is taking a show me stance!!!I bought ZON because if they make an IOCG discovery it could be world class like a KirkLand Lake, Great Bear or going way back Voisey's Bay. These are very rare.I like the high grade hit last year, the system is mineralized, Zonte needs to find out where it is and see how big mother nature made it.With a discovery, nobody knows how high a stock will go. When Kirkland Lake was $5, I bet nobody predicted $50, nor $8 for GBR when the stock was 50 cents 2 years ago.These exploration plays are high risk, but can be very high rewards.I would suggest,forget history,it is just that.You never succeed with investing looking in the rear view mirror,other than trading levels on charts to see where those looking in the rear view mirror will trade.Look ahead,it's a new bull market.Unfortunate timing for Zonte,it got started near the top of a bull market and went through the worst junior bear market in history.January is going to start with a bang for these juniors.Look over the hood,not the mirror,besides the mirror has some ugly reflections.

7 under $1 or even
flynn $0.30--PerseusLtd $0.34--CIMA $0.45--dtangen $0.55--luck $0.57--
davplan $0.60--downunder $0.62

6 under $2 or even
glenn.linstone $1.01--meguma $1.35--cricket $1.40--Hugo123 $1.60--$1.85--GoldnBoy $2.00

6 under $3 or even
Pasta $2.30--alexgreat $2.50--DearJohn $2.60--ron $2.61--Gambler $2.90--JunglistGuy $3.00

5 under $4 or even
lynnsa10 $3.33--inimus $3.35--Gerald M $3.41--Davyboy $3.50--mozrep $3.75

3 under $5 or even
Mauibuilt55 $4.14--Kaiser $4.50--tonyk $4.65

1 under $6 or even
Dreamer $6.00

under $7 or even


1 under $8 or even
agilebill $7.77

1 under $9 or even
Jocko $8.25

Total of 30 participants in 2021
The most pessimistic: flynn $0.30
The most optimistic: Jocko $8.25

The prizes from RonS
If the winning stock price is over $1.00 then the 1st place prize will be the gold coin and the silver coin reverting to 2nd place finisher.If the stock high isn't over $1,it is the silver coin for 1st.This should make it more interesting and help get some new participation.I think these newer coins are beautiful and will be easier to source. They also relate to NFLD where ZON is drilling and could make a discovery.Rules are simple,whoever is closest to the highest trade printed on the ticker in 2021,regardless exceeding the high or not.But if there's a tie,the one who doesn't exceed the high is the winner,we can't have the same prediction.For the coins,click on the links below.Ex:The high in 2021 is $1.35,ABC has $1.30-XYZ has $1.40:ABC wins.

FIRST COIN : A VALUE OF $620 CDN
coinscatalog.net/canada/coin-100-dollars...-circulation-coinage
SECOND COIN : A VALUE OF $105 CDN
coinscatalog.net/canada/coin-silver-20-d...silver-bullion-coins
www.mint.ca/store/coins/1-oz.-pure-silve...000-2018-prod3220054

The analysis of RonS in 2020 and 2021
I will say that last years optimistic prediction was based on:
1 - A turn around in the junior mining market, but instead it went even lower. The odds are much higher the juniors turn up this year.
2 - An agreement or settlement on Gramalote, that did not happen either. Again the odds have increased this year with B2Gold taking control.
3 - A discovery at Cross Hills, well that one was close, we got one great drill hit, but in the weaker junior market, more than one narrow intersect is required for the market to see a discovery. Again the odds are much higher this year, especially the current drill round.
If I did hazard a guess it would be between $3 and $4 and based on just one of the three positive outcomes, probably point 3. Hoss makes a good point, you never know, will depend on the numbers in the drill core.


The reasons why RonS had a $6.50 target in 2019
My optimistic guess is $6.50 for the high, probably no better than any ones prediction but here is my reasoning.It is hard to imagine a better mining market and higher gold prices after what we have just been through in 2018, but often the market improves after such a downturn and I believe we will see gold prices in the $1300 to $1500 range in 2019 when it becomes more evident the Fed will have to ease again or at least halt the tightening cycle.I have been to Cross Hills and looked a lot into these IOCG systems and I am convinced there will be a discovery.Pasta mentioned just some magnetic surveys and normally that is not such a big deal but in IOCG it is.Iron Oxide is iron, it is magnetic so responds well to these surveys, not so in other systems.
The iron oxide veins on surface are magnetic,I used a magnet myself,a very simple
principle.On surface they carry copper, that is what makes these deposits valuable compared to just an iron ore deposit.The magnet surveys show strong magnetic intensity deeper below the surface,it is a no-brainer that the iron oxide is concentrated down deeper and like the surface showing has copper.

And veining above is very typical of these systems. There is very little experience and knowledge about these in Canada and is probably the main reason Zonte is
overlooked thus far.There is no doubt in my mind that this will be a discovery with iron, copper and some PMs, the question is the grade?After some drill holes and we have an average grade of say 0.25% copper, it still might be economic, but will not get much love. If the grade is .3 to .35% that we see in many other copper deposits, this is going to get some serious attention.IOCGs are known for better grades in general and if this turns out to be 0.5% to 1% copper it is going to be a whopper. And OMG if it is above 1%. Don't forget unlike porphyry systems where the other 99% of the rock is waste, in an IOCG, the 20% to 40% that is typical iron oxide also has value, it is not waste rock. There should be silver and gold credits as well.It seems $5 is kind of a top speculative target with many juniors like we saw with Garibaldi. That said, with higher gold prices, I believe the pressure will intensify on Anglo to settle with Zonte in 2019 so they can move Gramalote to production.Given no
Last Edit: 3 years 3 months ago by ron.

Please Log in or Create an account to join the conversation.

More
3 years 3 months ago #126186 by Gambler
Gambler replied the topic: zonte metals

PerseusLtd wrote: Great Start into the new Year for Zonte. Losing more confidence b/c the CEO don't give a sh... about comunication or a Update for Shareholders.


Geez Perseus, last press release was only about 6 weeks ago. Got to give a week or two vacation, Terry works like a dog.

Markets have improved dramatically and I think you will see changes with shareholder communications.

Please Log in or Create an account to join the conversation.

More
3 years 3 months ago #126185 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Here is depth, looks good except the price could be higher. Other platforms on the bid for 30k and on the offer for 20k. Happy lock down weekend Ontarions

Attachments:

Please Log in or Create an account to join the conversation.

  • flynn
  • flynn's Avatar Topic Author
  • Offline
  • Platinum Member
  • Platinum Member
More
3 years 3 months ago #126183 by flynn
flynn replied the topic: zonte metals
That's why I sold.
Its going to be a very hard pill to swallow, for the investors that have blind faith.
Every news release, every year, they keep moving the goal posts.
Its like been in a square room, and been told to take a leak in the corner.
everyone is still looking for the corner.....

Please Log in or Create an account to join the conversation.

  • PerseusLtd
  • PerseusLtd's Avatar
  • Visitor
  • Visitor
3 years 3 months ago #126182 by PerseusLtd
PerseusLtd replied the topic: zonte metals
Great Start into the new Year for Zonte. Losing more confidence b/c the CEO don't give a sh... about comunication or a Update for Shareholders.

Please Log in or Create an account to join the conversation.

More
3 years 3 months ago #126173 by ron
ron replied the topic: zonte metals
have you at $3.00 JunglistGuy and $3.75 for mozrep,good luck to both of you !!!

Please Log in or Create an account to join the conversation.

More
3 years 3 months ago #126172 by mozrep
mozrep replied the topic: zonte metals
I put mine in at $3.75

Please Log in or Create an account to join the conversation.

More
3 years 3 months ago #126171 by JunglistGuy
JunglistGuy replied the topic: zonte metals
ron, I will pick an even $3.00

More good results from New Found Gold.

50 METRE STEP-OUT HOLE AT KEATS INTERCEPTS BROAD, SHALLOW, HIGH-GRADE INTERVALS: 22.5 G/T AU OVER 10.4M AND 31.4 G/T AU OVER 15.9M

Please Log in or Create an account to join the conversation.

More
3 years 4 months ago #126169 by ron
ron replied the topic: zonte metals
My pleasure Hugo 123,have you at $1.60,and happy new year also.

Please Log in or Create an account to join the conversation.

  • Hugo123
  • Hugo123's Avatar
  • Visitor
  • Visitor
3 years 4 months ago #126168 by Hugo123
Hugo123 replied the topic: zonte metals
Hi Ron,
Happy New Year.
Could you put me down for $1.60 please,
Thanks
Hugo

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.255 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper