Mr.
Terry Christopher reports
ZONTE METALS OUTLINES TWO LARGE DRILL TARGETS AT THE K10 TARGET, ON ITS CROSS HILLS COPPER PROJECT
Zonte Metals Inc. has advanced the K10 target to drill stage.
Highlights:
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The identification of two large gravity anomalies, which are spatially coincident high magnetics, elevated copper in soils and rocks, sitting in structural zones;
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The largest gravity anomaly measures 1,100 metres by 400 metres and 750 metres depth; the anomaly is open along strike.
The company has compiled all data sets over the K10 target area, including magnetics, gravity, structural analysis, alteration, and geological and geochemical data. The reprocessing of the geophysical data has outlined two large gravity anomalies that are spatially coincident with the magnetic anomaly in the target area. These gravity anomalies are also coincident with copper mineralization in bedrock and elevated copper in soils and are aligned with interpreted structural zones.
The K10S anomaly measures 1,800 metres in length, up to 400 metres in width and 500 metres deep at its thickest portion. It sits adjacent to the magnetic high in the target area. Previous exploration by the company has identified copper showings and indications in bedrock along the entire strike length of the anomaly. The K10N gravity anomaly measures 1,100 metres in length, up to 500 metres wide and 750 metres deep, remaining open along strike. This anomaly is enveloped by the magnetic high in the target area.
Mineralization throughout the area is predominantly chalcopyrite, with subordinate amounts of bornite and chalcocite. Pyrite is commonly observed throughout the target and appears to form a halo around the anomalies.
Terry Christopher, president and chief executive officer, commented: "The K10 target hosts two high-priority anomalies. The large gravity anomalies are supported by coincident geophysical, geological and geochemical data. Together with the recently announced K9 target, the company now has three large drill-ready targets. We continue additional processing and compilation for the K6S-K7 and K8 targets."
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. Mr. Blake is a non-independent consultant to Zonte Metals.
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 copper 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 its 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 Corp. 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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