Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

Performance 2009 to 2023 (compound annual)

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2 months 2 weeks ago #129540 by Gambler
Gambler replied the topic: zonte metals
Looks like a lot of shorting into this buying, almost half the selling is coming from the other trading platforms, the banksters. RBC doing most of the buying.

I will try and post end of day summary

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2 months 2 weeks ago #129539 by lynnsa10
lynnsa10 replied the topic: zonte metals
Here is the graphic of K7 and K6 south. I am feeling better about buying lower and averaging down. Almost even on my position now

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2 months 2 weeks ago #129538 by goldenboy
goldenboy replied the topic: zonte metals
Here is depth, not much on the offer side

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2 months 2 weeks ago #129537 by alexgreat
alexgreat replied the topic: zonte metals
Here is the news release

Halifax, NS, Canada / TheNewswire / February 6, 2024 Zonte Metals (TSXV:ZON) is pleased to provide the following update on the Cross Hills Copper Project, located in Newfoundland and Labrador, Canada.

A project wide soil program was completed in 2023, with the primary goals of infilling known targets and exploring new areas. The recently completed soil program was conducted through a large valley that hosts the K6S and K7 gravity anomalies. This area sits adjacent and just south of the K6 Target, where a drill program was recently completed.

The soil data has identified a notable semi-circular copper-in-soil anomaly measuring 2400m in length and up to 800m in width. This area is mainly covered with overburden, however, during the sampling program a new copper showing was discovered in the K7 gravity anomaly area. This large soil anomaly coincides with three gravity anomalies including those at the K6S and K7 areas and an unnamed anomaly situated between them. Additionally, the soil anomaly coincides with a structural zone hosting the K7 gravity anomaly, which is intersected and truncated by a large structural corridor that hosts the K6S anomaly.

Two drill holes were completed in the K7 target in 2020, both from the same drill pad on the very SE portion of the target area. Both drill holes intersected IOCG mineralization including anomalous copper and rare earth mineralization. These drill holes, however, were completed prior to the additional exploration programs carried out over the last three years.

The Company also notes it has recently completed drilling on the K6 Target. The K6 Target area was previously drilled in 2019 with a limited dataset. Subsequent to these 2019 drill holes, the Company has carried three years of additional geological, geophysical and geochemical exploration. The just completed drill program, comprising of 1700m in seven drill holes, tested drill targets generated from analysis of the combined datasets. This new drilled area sits about 200-300m south of the 2019 drill holes. The cores have been logged, split and all samples have been submitted for analysis. Results will be reported when received and compiled.

A map illustrating the new large soil anomaly over the K6S-K7 area is illustrated below. Additional maps illustrating the targets throughout the project can be found at the following link www.zontemetals.com/projects/cross-hills-copper-property .

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2 months 2 weeks ago #129536 by DearJohn
DearJohn replied the topic: zonte metals
Nice news and stock is moving

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2 months 3 weeks ago - 2 months 3 weeks ago #128848 by ron
ron replied the topic: zonte metals
Excellent post goldenboy, Pasta should go back and read again Ron's newsletter of january 5th,

Struthers Report V30 # 1. 2 2023 Contest results, 2024 Contest, Trading, ZON drilling,

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Stock go up and down because markets change, fundamentals change and investors change their
perceptions. After such a long wait, I believe things are going to change for Zonte this year. After a
lot of work, Terry Christopher has figured out Mother Natures secrets at Cross Hills. Let me explain
and some good education on copper deposits. First a look at the top three copper bearing minerals.
You can find pure native copper and that is what the ancienst mined back in the bronze age.
Modern science has come a long way since then. Chalcopyrite, a sulphide mineral is the most
common copper mineral and contains about 34% copper by weight.
Last Edit: 2 months 3 weeks ago by ron.

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2 months 3 weeks ago #128847 by goldenboy
goldenboy replied the topic: zonte metals
ron, I don't think the grade will matter much for a major. If Zonte proves that their exploration model found copper, it is more a matter of more drilling to find economic deposits of size.

The majors are interested because it is a large district scale project that has potential for large deposits, its an IOCG and it is in a stable geopolitcal location. The other highlight is it would be a new copper belt that has very little exploration drilling.

Well thats my take

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2 months 4 weeks ago - 2 months 4 weeks ago #128450 by ron
ron replied the topic: zonte metals
Excellent find lynnsa10, keep it up, Gambler, hoping Zonte's grades will be higher than 0.56 %, otherwise, the share price will stay flat, maybe it will take around 0.85 % to 1 % of copper for the share price to move up,

I'm not a geologist, I asked what percentage of copper is needed to attract a major, no one answered.

Pasta, Zonte decided to concentrate in Newfoundland instead of Yukon, more potentiel and Victoria Gold is doing the drilling for now, you must have forgot I presume.

Here's the final list

THE PREDICTION FOR THE HIGH OF ZONTE RUNS FROM JANUARY 1ST 2024 TO JANUARY 1ST 2025

17 under $1 or even
R Hutch $0.12--flynn $0.15--rostra $0.165--hammerhead4 $0.17--meguma $0.22--Jade man $0.27--luck $0.37--Don C $0.40--Pasta $0.45--Glenn L $0.48--mozrep $0.50--dtangen $0.55--goldnboy$0.65--Davyboy $0.75--JimB $0.83--JunglistGuy $0.88--DearJohn $0.99

7 under $2 or even
lynnsa10 $1.15--alexgreat $1.20--ron $1.26--cricket $1.35--Gambler $1.40--Hoss $1.45--Goldman $1.50

2 under $3 or even
Mauibuilt $02.75--Dreamer $3.00
1 under $5 or even
itnsk $4.88
1 under $8 or even
agilebill $7.77

Total of 28 participants in 2024
Most pessimistic: R Hutch $0.12
Most optimistic: agilebill $7.77
Last Edit: 2 months 4 weeks ago by ron.

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2 months 4 weeks ago #128449 by Gambler
Gambler replied the topic: zonte metals
Thanks Lynnsa, so Barrick sees 0.56% as very profitable. That is just copper, Cross Hills should also have some gold and/or silver that will help the equation.

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2 months 4 weeks ago #128447 by lynnsa10
lynnsa10 replied the topic: zonte metals
Pasta, I think the biggest problem is a crap market. All my junior positions suck. I do agree there has been a lack of results with no decent drill assays in years.

Lets see if this changes. I was looking at Barrick's Lumwana Mine because it is near Midnight Sun's property. Barrick is spending $2 billion to expand and increase production. The current production plan shows that 537 million tonnes of ore grading 0.56% Cu will be mined between 2014 and 2038. The ore, which is predominantly sulphide, is treated through a conventional sulphide flotation plant, producing copper concentrate for smelting. Their M&I resources come in at a grade of 0.5% copper

I hear Midnight Sun, thinks they could find a deposit closer to 0.6% or 0.7%. I thought I would post this here to give some context to assays that we should see from Zonte, probably in February some time

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2 months 4 weeks ago #128446 by Pasta
Pasta replied the topic: zonte metals
Ron, I think the barrier is more like lack of results over the many years, very limited money supplies, poor performance history, no interest from majors.
Lack of direction...... are we a gold company? copper company? do we drill in NFLD or Yukon? A bit of back and forth but today its NFLD. Do we rely on Columbia courts?
So much interest companies are knocking down the data room door.
Its a bit unbelievable.
The stock price reflects the history of this company. I am surprised the stock price is not lower.
Unless they hit something big with this drill result the stock price will likely drop much lower.

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2 months 4 weeks ago #128444 by ron
ron replied the topic: zonte metals
We can't seem to go over $0.09, for the moment there is a psychological barrier !!

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