zonte metals

Thanks DJ, very impressive, most the anomaly in pink at the top of the scale, this is very strong and large, odds are improving for a massive discovery here. Maybe like another Voiseys Bay in NFLD except copper instead of nickle

This is the largest target by far and the signature is right at top of the scale. If the drills hit in this, it will be enormous

Thanks for link, here is text of news release

June 12, 2018 TSXV: ZON

Zonte Metals Inc. (TSXV: ZON) (“Zonte” or the “Company”) is pleased to provide an update related to its ongoing exploration program at the Cross Hills Iron Oxide Copper-Gold Project.

Over the past several months, and as part of a larger program, Zonte has been carrying out high-resolution ground magnetometer surveys on select portions of the Cross Hills Project. The most recent area of focus has been about 12 kilometres south of Dunns Mountain, where the Company has previously identified a high-priority target. The newly discovered target, named K6, is characterized by a large strong magnetic anomaly with a surface projection measuring up to 1200m x 700m. The top of the strongest portion of the anomaly sits 100 to 150m below the surface and extends over 800m deep. Prospecting in the area has identified numerous copper showings and indications, all coincident with the anomaly at surface. One newly discovered mineral showing was assayed and returned 0.28% copper, 3.1 g/t silver and trace amounts of gold.

Terry Christopher, President and CEO states “The newly discovered K6 target is very large with considerable thickness and sits at the junction of two major faults. Despite the target sitting below surface, numerous locations with copper mineralization have been discovered above the anomaly at surface. This in combination with the alteration that has been identified suggests this is a high-priority IOCG drill target. Exploration along the Cross Hills trend, of which Zonte controls 25 kilometres of strike length, continues to provide targets. A significant advantage of the property is the high percentage of bedrock exposure which allows targets to be fully explored to decide whether or not they warrant further work; bringing them well beyond just a geophysical anomaly”.

The K6 target discovery resulted from follow-up exploration after the discovery of a new albitite breccia. Subsequent geophysical work in that area identified the K6 target which at surface is coincident with rocks showing iron oxide, calcic, sodic and potassic alteration. The mag survey also identified a number of magnetic intrusive plugs which can be seen at surface and on the magnetic profiles as smaller anomalies in and around the K6 anomaly. The newly discovered coincident copper mineralization in all cases is associated with iron oxide alteration. The K6 anomaly sits at the structural intersection of two large faults, one of which is the Cross Hills Fault, which is a deep seated regional fault in the area, and where most of the known IOCG type of mineralization has been associated with in this area. The Cross Hills Property covers 25 kilometres of the Cross Hills Fault system and much of the property still remains unexplored.

Images of the K6 geophysical target including plan view and 3D inversion geophysical model can be viewed at www.zontemetals.com/projects/cross-hill-project .

Iwtfu005 wrote: This is going to sound a bit wierd but for some reason, the cross hill project is missing from Zonte's website: www.zontemetals.com/projects/cross-hill-project/

The project is still there in their company presentation but its odd that I cant find it when I look into their projects page: www.zontemetals.com/projects/

I guess Zonte was preparing the page for the new press release today! Another exploration target: www.zontemetals.com/press-release/zonte-...-hills-iocg-project/

This is going to sound a bit wierd but for some reason, the cross hill project is missing from Zonte's website: www.zontemetals.com/projects/cross-hill-project/

The project is still there in their company presentation but its odd that I cant find it when I look into their projects page: www.zontemetals.com/projects/

How'd you hear that?

Nice video, soon they will be saying that Torq is sandwiched between two discoveries, Marathon and Zonte.

I heard Terry back from NFLD, maybe some news soon

short position was probably 18 cent warrants being exercised

alexgreat wrote: Flynn, yes courts take forever, I think the famous Hemlo battle went 6 yrs in court.

Zonte in the driver seat, the tock is clicking for AngloGold, they are in feasibility so will have to come to production decision, should the gold price rise they will be under more pressure.

There is no hurry for ZON, they don't have to build the mine

Anglo does and they cannot to they resolve with Zonte, do you think they want to waste the 100S of millions they already invested

tic toc tic toc

david erfle just gave ZON a bit of visibility without knowing it,just go at the 20th minutes,his third pick is TORQ,

Gambler wrote: Short position pops on ZON to 45,800, highest since last September

strange to see the stock shorted before many news releases to come.

Short position pops on ZON to 45,800, highest since last September

Flynn, yes courts take forever, I think the famous Hemlo battle went 6 yrs in court.

Zonte in the driver seat, the tock is clicking for AngloGold, they are in feasibility so will have to come to production decision, should the gold price rise they will be under more pressure.

There is no hurry for ZON, they don't have to build the mine

Anglo does and they cannot to they resolve with Zonte, do you think they want to waste the 100S of millions they already invested

tic toc tic toc