Mr. Terry Christopher reports

ZONTE METALS DEFINES THE K6 TARGET BASED ON SOIL DATA AND PREPARES TARGET FOR DRILLING

Zonte Metals Inc. has released recent additional soil data results from the K6 target on its Cross Hill copper project, in Newfoundland and Labrador.

Terry Christopher, president and chief executive officer, comments: "The recent soil data has confirmed a copper-in-soil anomaly coincident with numerous other data sets within the K6 target area. The K6 target was previously drilled in 2019 when two drill holes tested magnetic and gravity geophysical highs, which sit north of the newly define drill target. Drilling at several targets in the Cross Hills copper project, between 2019 and 2020, focused exclusively on geophysical anomalies. While high-grade and long intervals of fracture-controlled copper mineralization was discovered in drill core, the company made a strategic decision to suspend drilling and focus on gaining a more comprehensive understanding the mineralizing system to better define drill targets. To this end, since 2020, numerous additional exploration programs have been conducted, and drill locations in the upcoming drill program at K6 will be derived from an integrated interpretation of multiple data sets. The new K6 target area represents the first site to be drill tested since 2020, positioned approximately 200 to 300 metres to the south of the previous two drill locations. The data set for the K6 target is presently being modelled to help define drill locations, which will be followed by drilling."

Project-wide, the company has discovered 11 large targets. Exploration in 2023 has significantly advanced several targets, with only limited additional work needed to define drill locations for these targets. A multifaceted exploration program continues throughout the project, and additional results will be released once the data are in hand and interpreted within the broader context of the company's comprehensive data set.

Qualified person

Donald Blake, PGeo, is the qualified person as defined by National Instrument 43-101 and has reviewed and approved the contents and technical disclosures in this press release.

About Zonte Metals Inc.

Zonte Metals is a junior explorer focused on gold and copper. The company owns 100 per cent of the MJ project, in the Tintina gold belt, located in Yukon, the Wings Point project in the new central Newfoundland gold belt, and the Cross Hills iron oxide copper-gold project located in Newfoundland and Labrador. In Colombia, the company has a 25-per-cent carried interest in Project X where historic drilling intersected significant gold mineralization and the company and partner have an application over open areas sitting on top of the open-pit outline of the Gramalote deposit in Colombia, which is held by AngloGold Ashanti and B2Gold. The title issuance is being contested by the state governing the application and the company has started legal action to protect its rights.

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