- This topic has 63 replies, 11 voices, and was last updated 1 day, 14 hours ago by ron.
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- April 23, 2024 at 9:40 am
Zonte Metals has discovered a new IOCG copper belt in NFLD at their Cross Hills project. Their MJ property in the Yukon borders Victoria Gold’s Gold Eagle mine and Victoria Gold has been exploring right up to Zonte’s border with their new Raven discovery. Zonte also holds disputed claims over the middle of the proposed open pit at B2Gold’s Gramalote project in Columbia
I found I can add images when starting the topics and later can update or change them.
Also note, as long as you reply to this message or topic your replay will be at the top of replies
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- October 3, 2024 at 8:20 pm
I heard the Labs are behind in NFLD, but we must be close to results -
- September 20, 2024 at 2:19 pm
Move over BHP, the ext one is coming, but we are just not certain when. Maybe these next drill results.Excellent article on the lack of exploration for copper, so far just buying other miners out. According to BHP would Zonte has is scarce (large greenfield project)
Michael Fonti BHP’s main exploration geologist has spent more than two decades on sites much like this one, working most recently at the miner’s nearby Olympic Dam, a vast, challenging copper and uranium operation. But even for BHP — a $140-billion company which generated almost $12-billion in free cash flow in the last financial year — large, greenfield projects are scarce, and becoming more so. Deals, not discoveries, are grabbing the headlines.
Richard Schodde, a veteran geologist and expert on South Australia’s copper belt, puts the number of discoveries made each year at only a handful. He describes BHP’s lucky strike at Oak Dam in 2018 “was probably the most spectacular” of recent years.
Price is clearly one reason holding back the splurge that could change that. Copper has enjoyed a bull run on fears of supply disruption and hopes of soaring green demand. Prices topped US$11,000 a ton earlier this year. But the global economy is faltering and copper needs to reach $12,000 a ton — a near-30% jump on current prices — to incentivize large-scale investments in new mines, according to Olivia Markham, who co-manages the BlackRock World Mining Fund.
Copper’s improvement since the price trough of 2020 has not been enough. Costs are rising too fast as exploration teams need go deeper, into more technically challenging deposits or into less desirable regions.
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- September 20, 2024 at 4:04 pm
So if drill results are good, BHP could be one of the majors you were talking about, hope we have strong and good results soon, otherwise, we’ll have to wait another year,too bad the Yukon isn’t drilled, the possibility of hitting good grades up there are very high, still no news of the trial date, in mid-november it will be 3 years already that it was announced Zonte would receive a court date, still waiting,
It’s mind bundling that nobody’s buying at $0.065, can’t believe it !!!
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- September 19, 2024 at 1:04 pm
Goldenboy good effort. I will contact RonS and see if this can be improved onron and all, because of the high tax rates in Canada, Flow through Funds and Investors can sell at a 50% loss and still come out ahead after tax. These Funds are more concerned with churning paper and collecting the new fees on new deals.
Unfortunate but flow through funds and Eric Sprott have pretty much been funding the whole exploration sector.
I don’t think majors will buy the stock, they want deals on the properties
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- September 20, 2024 at 5:21 pm
I don’t think majors will buy the stock, they want deals on the propertiesThanks Hoss, guess they’re also waiting for drill results as we are before making a deal, RonS said majors have an eye on Zonte, could more that one copper producer make a deal, for now the share price is at $0.06, what role the share price has for making a deal.
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- September 19, 2024 at 12:50 pm
Figured out how to post depth, but my trade table summary went beyond borders. Try thisBid Ask Orders Size Price Price Size Orders 1 75,000 0.06 0.07 7,000 2 5 41,000 0.055 0.075 20,000 2 2 35,000 0.05 0.08 61,000 2 1 100,000 0.045 0.085 12,000 1 1 5,000 0.04 0.09 40,000 1 -
- September 19, 2024 at 12:45 pm
Here is the trade summary the day the stock sold down, lucky Friday the 13th. As you can see pretty much all anonymous selling, so for sure a fund Gambler and PastaHouse Bought $Val Ave Sold $Val Ave Net $Net 19 Desjardins 273,000 18,495 0.068 0 273,000 -18,495 79 CIBC 200,000 13,500 0.068 0 200,000 -13,500 2 RBC 101,000 6,630 0.066 15,000 1,005 0.067 86,000 -5,625 85 Scotia 53,000 3,645 0.069 0 53,000 -3,645 80 National Bank 30,247 2,027 0.067 0 30,247 -2,027 7 TD Sec 46,000 3,095 0.067 19,000 1,270 0.067 27,000 -1,825 33 Canaccord 5,000 375 0.075 0 5,000 -375 1 Anonymous 189,000 12,845 0.068 863,247 58,337 0.068 -674,247 45,492 -
- September 13, 2024 at 10:14 pm
I’m scratching my head why a fund would want to sell in september just before drilling results are released, RonS talked about funds selling in april to raise money, but why are they selling now, and if there’s some majors that have an eye on Zonte’s projects, why aren’t they buying when the price is low, simple questions that aren’t easy to answer I guess, I presume majors are waiting for drill results before buying shares. -
- September 13, 2024 at 11:35 am
Yes big selling, hast to be Funds again through anonymous. But hey, somebody has bought that 750k shares-
- September 16, 2024 at 9:38 am
What funds are you talking about? I don’t know of any funds holding this stock.This stock is probably held by individuals only. I suspect the seller last week is an individual or a couple of them getting frustrated with their investment. So they sell, simple as that.
How do you know if this stock is cheap. If the stock price sits at 7-8 cents without any buyers it seems like a no brainer, no reason to buy. The price is at 7 cents because the company is not proving its worth any more than 7 cents. I know its an exploration company and this is how they work.
Where are all the interest that Zonte states they have. They are not buying so this proves there is no interest. Where are all the investors/speculators? Sure Terry bought at 4 cents a while back but he bought very little and it proves nothing.
Don’t believe the words believe what is in front of us.
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- September 19, 2024 at 12:21 pm
Pasta, the money raised was with Flow through Funds. They have done most of the last few financings.Retail investors do not sell through Anonymous unless they are high wealth sophisticated investors.
I agree that some sellers are frustrated individuals, this has been going on the last 2 years in most junior expplorers
I just bought some Golden Lake at 6 cents, ridiculous how cheap when it is surrounded by discoveries and companies worth multiples more. It is simply the market we are in. I only have about 20% of my funds in these little guys, but the market will turn. As Struthers highlighted, we need to see the TSX Venture break 660
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- September 13, 2024 at 10:12 am
A seller, Anonymous as usual whacked the stock this morning. Good buy price, last at $0.065 -
- September 9, 2024 at 11:19 am
Drill results soon, buy while it is still cheap-
- September 12, 2024 at 2:24 pm
Hello Zonte Metals Investors :The July 2024 , Cross Hills – K6 Drilling Results will be announced shortly , when received and compiled .
In general , companies should be rewarded for good results , especially positive Copper Data which us shareholders
are hoping for .
Let Zonte continue to find more copper .
With over 125 square kilometres of copper mineralized land and 12 generally advanced targets , some of which are
rather large in size , September should be a good month .
Yes , shareholders should be buying ahead of the drill results .
I am looking forward to the next press release .
Go Zonte Go !!!
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- August 23, 2024 at 3:08 pm
Watched a good video on copper, some real experts, some big players in copper mining.-
- September 6, 2024 at 10:25 am
Guess will have drill results mid October, results are in the lab !!!
- This reply was modified 4 weeks, 1 day ago by ron.
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- August 22, 2024 at 12:15 pm
Finally got signed up here. Could not find my old pic, so still an old man, just older now.Stock is cheap here. All these juniors at a bottom here and now we just look up with time the only question. Many are starting to respond on good drill results now
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- August 22, 2024 at 10:40 am
Good to see some buying come in. This junior market has bottomed and will turn up. Usually September is a good month for the juniors -
- August 19, 2024 at 4:17 pm
AlexGreat, I’m posting a new message, it will go directly to the top, which does make sense, so we’re better off posting new messages instead of replying to a member, by doing so, everyone will be able to read all messages, RonS will fix the problem, I’m confident.I’m replying from your message August 8, if someone wants to read my message, he won’t find it, unless he scrolls all the messages, because my reply stands under the August 8 message, I prefer the old site where all messages went to the top.
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- August 8, 2024 at 4:13 pm
Don’t mean to be talking to myself, but just noticed something. If you reply to the topic it goes to the top, the newest, but if you reply to someone else it goes under their reply. Thanks ron for mentioning the mix up on replies and dates, but that seems how it works.I went to the bottom of the list of replies and there is a Reply To: Zonte (the topic)
This should go up to the top if I am right
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- July 22, 2024 at 7:24 pm
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- August 8, 2024 at 2:06 pm
Yesterday’s news outZONTE METALS ANNOUNCES IT HAS EXTENDED THE BIG K TARGET AND UPDATES DRILLING ON ITS CROSS HILLS COPPER PROJECT.
Zonte Metals Inc. has provided an update on its continuing exploration program at the Cross Hills iron oxide copper gold project.
Additional soil sampling conducted adjacent to and south of the previously discovered Big K target has extended the copper-in-soil anomaly to over three kilometres (km). The Big K target was previously identified from coincident magnetic and gravity anomalies, with bedrock copper mineralization and a copper-in-soil anomaly, sitting is a structural corridor. The additional soil sampling to the south of the Big K target has identified an extension of the original copper-in-soil anomaly, now measuring 3,300 metres (m) in length and up to 650 m in width. This extended length also coincides with a magnetic anomaly, which is defined as a string of magnetic highs through the target.
Further exploration, including a gravity survey, prospecting and mapping, will be required for this new extension .
Previously, the company identified copper mineralization in several locations on the northern half of the Big K target. In one grab sample, chalcocite veining in a granite capping unit returned 2.82 per cent copper (Cu), 10.0 grams per tonne (g/t) silver (Ag) and 0.17 per cent triuranium octoxide (U3O8). The nature of the mineralization may suggest fluid remobilization from depth and into the overlying granite.
The company is also pleased to announce the completion of the recently announced drill program at the K6 target. Five drill holes tested additional extensions of the previously drill discovered copper mineralization. Drill hole logging is near completion after which the samples will be delivered to the lab.
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- August 8, 2024 at 2:26 pm
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- July 20, 2024 at 9:40 am
Someone is paying for this service ?-
- July 20, 2024 at 2:37 pm
Hi ron and all, still working on the issue to upload avatarsNot sure how long you have to edit posts. My web developer is on a weeks vacation so will get more details when he is back. I am still learning all the ins and outs of the new site, but we will get it down working to a tee!!!!!!
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- July 10, 2024 at 12:27 pm
Not sure how I paste an image to this new site. There is only 3,000 offered at $0.085 and 10,000 at $0.09 so not much buying to go higher -
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- June 29, 2024 at 4:19 pm
CROSS HILLS COPPER PROJECT PRESENTATIONA discovery was just made at the K6 target in recent drilling. This highlights the
effectiveness of the combined data set the Company now has for finding copper.The success of the K6 drilling points
1. Cross Hills is fertile with copper.
2. The effectiveness of the additional exploration programs.
3. With 11 other targets, the success at K6 highlights the potential in the others,
especially in light that K6 is the smallest target on the project.Next steps
1. Drill K6 along strike and to depth.
2. Apply additional exploration to the remaining targets, bringing them to drill
stage.GO ZONTE GO
- This reply was modified 3 months, 1 week ago by ron.
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- June 29, 2024 at 9:55 am
June 29th: Testing the new site !
—-District Scale Copper Opportunity—-
– Zonte is an excellent buying opportunity at this price range.
-Terry Christopher keeps finding more and more copper in almost all the soil samples.
–Each target keeps gets wider and larger with the continuous additional geological testing !
– A large scale mineralized system has been discovered !
– With over 125 square kilometres at the Cross Hill Copper Project in Newfoundland , this represents an opportunity to find a new Copper Belt in Canada !This is an Iron Ore Copper Gold Project , ( IOCG ) !
A System of this size in the desirable country of Canada which is a politically stable jurisdiction , near electricity , roads and water , allows for the stock price upside potential to be very significant because the Cross Hills Project can deliver large deposits.In my opinion , the stock price will perform very well for the rest of 2024 and the stock price will improve even better in 2025.
Go Zonte Go !!!
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- July 2, 2024 at 7:55 am
Junglist, at 8 cents or so, about the best buy it ever offers. Drilling should start any day and I think best to buy ahead ofthose coming results
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- June 18, 2024 at 12:31 pm
Hey Ron, is Zonte still a good buy today?-
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- August 1, 2024 at 10:12 am
wow so quiet.are they drilling or are we waiting for the drill results? Gramalot decision ? All the interested companies?
The thing that bothers me is there is always so many companies knocking on the door of Zonte but in reality it doesn’t show in the stock price. This has been going on for years with no fruition.
I don’t mean to insult the investors here but there comes a point to face reality. Its been about 15 years now with benefit to shareholders.
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