Mr. Terry Christopher reports

ZONTE METALS DISCOVERS LARGE COPPER-IN-SOIL ANOMALIES AT THE K1 GRAVITY ANOMALY.

Zonte Metals Inc. has discovered copper-in-soil anomalies at the K1 gravity anomaly on its Cross Hills copper project in Newfoundland and Labrador.

The K1 anomaly was discovered during a gravity survey carried out in the spring of 2023. The anomaly is large and measures two kilometres in length and up to 600 metres in width, and is open along strike in one direction. Soil sampling carried out over the target has identified several large copper-in-soil anomalies spatially associated with the gravity target. Limited prospecting over the target area has also discovered copper mineralization in several locations within the target area.

The soil program over the K1 target was completed on wide spaced lines at 300 m with sample sites at 100 m as a first pass, followed by infill lines in one area. This initial soil program identified a significant copper-in-soil anomaly on the western side of the target and extending beyond the limits of the gravity surveyed area. This soil anomaly is large at about 1.4 km in strike length and up to 700 m in width, and is open along strike and width. A second copper-in-soil anomaly was discovered within the gravity anomaly area, measuring about one km in length and up to 600 m in width. Both anomalies require additional sampling to define their dimensions.

The copper-in-soil anomalies at the K1 target are spatially related to the gravity anomaly as well as with iron oxide, calcic and sodic alteration, copper indications in bedrock and faults. The target will be further advanced with additional soils and a magnetic survey to assess its potential.

Qualified person

Donald Blake, PGeo, is the qualified person as defined by National Instrument 43-101, Section 3.1, 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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