Zonte Video - February 19, 2024

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zonte metals

  • flynn
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3 years 7 months ago #125431 by flynn
flynn replied the topic: zonte metals adds 43 more claims at Wings Point
Don't you have over 800K shares?

That's a lot riding on a "Might"

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3 years 7 months ago - 3 years 7 months ago #125430 by ron
ron replied the topic: zonte metals adds 43 more claims at Wings Point
The Company is continuing exploration at its Cross Hills IOCG project where drilling is ongoing.

Let's see what comes out of this,we might have a discovery hole in the next drill results.
Last Edit: 3 years 7 months ago by ron.

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3 years 7 months ago #125429 by GoldnBoy
GoldnBoy replied the topic: zonte metals adds 43 more claims at Wings Point
Does not look like much selling, just the other platforms doing most of the trading again
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3 years 7 months ago #125428 by lynnsa10
lynnsa10 replied the topic: zonte metals adds 43 more claims at Wings Point
Seldom a discovery is made on the first drill pass with a grass roots play, but am happy with the correction, got filled this week on my 25 cent bid. Terry must feel pretty positive with Wings to add more ground.

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3 years 7 months ago #125427 by tonyk
tonyk replied the topic: zonte metals adds 43 more claims at Wings Point
11:39 AM EDT, 08/14/2020 (MT Newswires) -- Zonte Metals (ZON.V) on Friday said it expanded its Wings Point project in Newfoundland, adding 43 new claims along the southern edge of the property.

The company said the new claims include an area where historic till sampling showed some high-grade gold mineralization.

Zonte shares last traded Thursday, closing at C$0.26 on the TSX Venture Exchange.

Price: 0.26, Change: 0.00, Percent Change: 0.00

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3 years 7 months ago #125426 by alexgreat
alexgreat replied the topic: zonte metals
Does not look like a discovery but positive ZON decided to add more ground there with a high grade historic sample of 59.2 g/t

2020-08-14 11:00 ET - News Release


Mr. Terry Christopher reports

ZONTE METALS PROVIDES UPDATE ON WINGS POINT DRILLING AND ACQUIRES ADDITIONAL CLAIMS IN CENTRAL NEWFOUNDLAND

Zonte Metals Inc. is pleased to provide the following update on the Wings Point gold project.

Highlights:

Discovers anomalous gold at Wings Point in drilling including a significant quartz- carbonate-sulphide system.
Expands Wings Point claims via staking, acquiring 43 additional claims contiguous and south of Wings Point where historic till sampling recorded 59.2 g/t gold.
The Wings Point project is composed of 144 contiguous claims (36 sq km) at the northern end of the central Newfoundland gold belt, where New Found Gold (NFG-TSXV) discovered 92.9 g/t over 19m in drill core (see www.newfoundgold.com ). This belt has become a significant exploration play with numerous companies acquiring properties and commencing exploration.

Drilling at Wings Point was conducted in a short six hole program testing portions of several targets. Two drill holes tested an arsenic-in-soil anomaly, one hole tested the eastern anomaly, two holes tested a portion of the western anomaly and the intervening interval between the eastern and western anomalies, and one hole tested a pyrite-in-black-shale discovery. (see www.zontemetals.com for a drill hole map and the table below for the location and drill hole coordiantes) The holes showed a large quartz-carbonate-pyrite system with individual units containing arsenopyrite. The assay results, displayed below, show anomalous gold in four of the six drill holes within several narrow intervals. The drill program was confined to a small section of the targets and both the eastern and western anomalies remain open along strike and to depth, particularly for the western target, which is 1.6 km long.

Drill Hole From To Interval (m) Au (ppb)
WP-20-01 11 15 2.00 171
WP-20-03 90.4 96.6 6.2 150
WP-20-04 54.09 57.56 3.47 338
including 54.09 54.57 0.48 1,296
WP-20-06 90 91 1 603
107 108 1 398
The Company is also pleased to announce it has acquired through staking an additional 43 claims contiguous and south of Wings Point. A search of historic work shows these claims have not seen much exploration, however, a till sampling program carried out by Noranda in the late 1980's discovered two till samples containing high gold values. The tills, collected are approximately 250 m apart, recorded 59.2 g/t and 5.3 g/t gold, with the 59.2 g/t gold till being the highest value Noranda discovered in their 831 sample till program. These samples appear to define a possible high-priority exploration target. Note, the till data was taken from a Noranda assessment report (NFLD 1890) and is not 43-101 compliant, historic in nature and cannot be relied upon.

Over the years Zonte has carried out numerous exploration programs at the Wings Point project. These include four IP surveys, including the Pit Grid, where the above mentioned drilling was completed, soil (conventional and mobile metal ion) sampling, prospecting and mapping. Numerous targets have been identified in the programs that remain unexplored. Within the Pit Grid, for example, prospecting discovered anomalous bedrock gold (0.3 - 0.9 g/t) spaced 200 m apart and coincident with a chargeability anomaly. Outside of in Pit Grid, three additional IP grids exhibit numerous IP anomalies possibly defining sulphides, both disseminated and massive, and sedex targets. None of these targets have been tested. A number of soil sampling programs have discovered gold and base metal anomalies all of which require follow up exploration.

The Company is continuing exploration at its Cross Hills IOCG project where drilling is ongoing.

Acknowledgment

The Company would like to acknowledge and thank the Province of Newfoundland and Labrador for its financial support through the junior exploration assistance program.

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.

Drill Sampling Protocol

All drill core was logged and prepared for shipment on site and shipped to Eastern Analytical in Springdale, NL under chain of custody. QA/QC included the systematic insertion of certified standards and blanks. The samples were analyzed for the ICP-34 package (34 element 4 acid leach, ICP-OES finish) and the Fire Assay (30g) with AA finish. Eastern Analytical also provides its own internal QA/QC protocol of blanks, duplicates and standards in each work order, which is supplied to the Zonte with the analysis.

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3 years 7 months ago #125425 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Gambler your probably right. Here is depth but does not show 36,000 bid at .24 by other platforms
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3 years 7 months ago #125424 by Gambler
Gambler replied the topic: zonte metals
zon trading a lot lately on other platforms. Here are yesterday's and only 20% on the venture. Looks like they shorted yesterday at 28 cents and are trying to cover today

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3 years 7 months ago - 3 years 7 months ago #125423 by ron
ron replied the topic: zonte metals
Just putted an order at $0.245 for 1k,bought 1k at $0.26 earlier.
Last Edit: 3 years 7 months ago by ron.

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3 years 7 months ago #125422 by Gambler
Gambler replied the topic: zonte metals
stock is down some and all the other platforms are bidding at 24

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3 years 7 months ago #125420 by ron
ron replied the topic: zonte metals
Are the results of the wings point project and the cross hills hole to be released soon,let's hope they are winners ?

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3 years 7 months ago #125419 by GoldnBoy
GoldnBoy replied the topic: zonte metals
Looking at Zonte long term and I remember 3 cents too. I compared ZON to the XAU gold and silver index back to the beginning (ZON did trade as Empire Capital for a while but highs were hit as ZON in 2011 and 2017. It is still outperforming the XAU by about +50%.

It was under performing from 2012 to 2015 the depths of the bear market. In conclusion long term investors through out the bear market until today have been better off holding ZON then stocks in the XAU.

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