zonte metals

Hoss, I will be betting with you, odds tell me this is headed higher and soon.

GB, thanks for market data, up 3 cents to new high on just 74k volume says that sellers are exhausted here. Maybe shorty has simply moved on to easier targets?

All in and holding for Jest discovery, Wings discovery, Colombia court award, don't care which card comes first

Just checked a new short volume report out, down quite a bit but still 232,600

Anonymous doing a lot of the buying now, looks like shorty feeling some pressure. Sellers are drying up, just a bit at 0.465 and 0.475.

OK Cadets, I think we spent enough time in low orbit at 30k and 40k, the rocket is firing again and we going to higher orbit. Fasten your seat belts

Maybe some time through the 50s and up to 60s.

GB, I agree with your next targets

You all remember we just in low orbit training before the moon shot

The way I see it, the stock broke out above $0.35 so a new up move. $0.35 becomes support area now, but probably won't even see those prices again. Once this move completes, maybe 50s to 60s, another consolidation would be normal.

These stocks are not going back to anywhere near where they were. They never should have been that low but we seen the worst bear market in history. Bear markets and Bulls cycle, we are in a new Bull market now. The question is only how high and how long, but on average with others it will go on for a number of years and a lot higher from today.

ZON is already way behind comparables and astute investors that are now coming back into this market see it and are buying.

There will probably be another financing at higher prices but when ZON acquired Jest, they had to finance around market prices. I have seen many juniors doing 5 cent financing, so in that regard they did much better

Yes, in hindsight, $.40 would have been a reasonable price for the financing, instead of $.10, but Zonte hardly traded above $.10 as late as Jan. 17, 2017, just 6 weeks ago!

Will it get to $.20 again? I personally doubt it. I think there are too many astute investors now and soon to be more, who see what this stock is worth, and it is not even just the present $.43.

great news today,
now the 50 day moving average is at $0.21,will we get there again,

would have prefered a financing at $0.40 instead of $0.10,someone help me with this ?

stockcharts.com/h-sc/ui?s=ZON.V&p=D&b=5&g=0&id=0

42 cents. zonte just keeps crawling along. If this gets to $2 before March 7, my treat at the keg mansion.

Zonte Metals Identifies Possible Sedex Targets at the Wings Point Project

March 1, 2017

TSXV: ZON

Zonte Metals Inc. (“Zonte” or the “Company”) 100% owned Wings Point Project, located on the island portion of Newfoundland and Labrador, hosts a bulk tonnage gold target defined by geophysics (Induced Polarization and Resistivity) and bedrock gold mineralization which has yet to be drill tested. The target has been identified in two areas; the Western Target Area which is 1200 metres “m” in length and 75-150 m in width and the Eastern Target Area which is 700 – 800 m in length and up to 225 m in width. Both targets have geophysical signatures down to 150 m depth. Bedrock sample coincident with the targets have assayed from 0.25 to 6.92 g/t Au.

During September 2016, Zonte re-staked several claims adjacent to the Wings Point Project that the Company had allowed to lapse during the years ended January 31, 2016 and 2015. These re-acquired claims are contiguous to the Wings Point claim which hosts the Western and Eastern Target Areas. The recently re-staked claims were previously explored for gold with widely spaced geophysical surveys which upon further review have revealed possible Sedex style mineralization which is characterized by high chargeabilities and a significant corresponding decrease in resistivities. Several of these targets are spatially coincident with elevated Zn-in-soils and Zn-Pb in stream sediments. The company is presently assessing its exploration strategy for these targets.

Zonte also reports that participation in the Company’s non-brokered private placement offering of units (the “Offering”) which closed on February 1, 2017, (see press release dated February 1, 2017) included two insiders subscribing for 450,000 Units for gross proceeds of $45,000. The Company also advises that the corrected cash finders’ fees paid in connection with the Offering was $67,060.

About Zonte

Zonte Metals Inc. is a junior explorer focused on gold and copper. The Company holds the Wings Point Gold Project which is a drill ready project in Newfoundland and Labrador and has signed an Option Agreement to acquire 100% of the McConnell’s Jest project, in the Tintina Gold Belt, located in the Yukon Territory, which is composed of 172 claims totaling approximately 3371 hectares. In addition, the Company and a Colombian partner have an application over open areas sitting on top 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.

Qualified Person

This news release has been reviewed and approved by Dean Fraser, P.Geol, and a “qualified person” under National Instrument 43-101.

Forward-Looking Information

This news release contains forward-looking statements which include statements regarding the Company’s future plans, as well as statements regarding financial and business prospects and the Company’s future plans, objectives or economic performance and financial outlooks. The Company believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements.

In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof, and unless otherwise required by applicable securities laws, the Company does not intend nor does it undertake any obligation to update or revise any forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:
Terry Christopher
CEO and President
902-405-3520
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.zontemetals.com

This should make a good stop on way to Zonte reception, Invest Yukon, should be lots of investors interested in the Yukon there

www.yukonminingalliance.ca/yukonpdac2017/

I plan on stopping by the Zonte suite, looks like quite trading again today?

I will be there for sure at Zonte suite, imagine they will probably have some sponsored pints there