Mr. Terry Christopher reports

ZONTE METALS OUTLINES A LARGE, STRONG GRAVITY ANOMALY ON ITS CROSS HILLS COPPER PROJECT

Zonte Metals Inc. has advanced the Nine Mile target with the discovery of its fifth large-gravity anomaly on its Cross Hills copper project in Newfoundland and Labrador.

Highlights from Nine Mile target:

• The discovery of a strong five-milligal gravity anomaly;
• The gravity anomaly has significant size, with dimensions up to 3,700 metres by 3,100 metres and 900-metre-plus deep and open to the south;
• The gravity anomaly sits in a complex structural zone that could have provided mineralizing fluid pathways, enhancing its potential.

Terry Christopher, president and chief executive officer, commented: "The discovery of this large, strong gravity anomaly at Nine Mile is a significant discovery for Zonte, being its fifth large-scale gravity anomaly outlined within the project. A portion of the new anomaly is positioned at a flexure in the Cross Hills fault and intersected by multiple fault sets. This structural zone may have acted as a conduit for fluid movement and a potential trap for mineralization. At the surface, above the anomaly, copper has been identified in rocks while copper-in-soil anomalies have been identified where the soil sampling has been completed. When strongest portions of the anomaly are examined, two separate target areas are highlighted: a northern one sitting within a structural zone within the strongest magnetic signature at Nine Mile and a southern one which is close to the K6 copper-bearing drill holes. The K6 discovery points to a fertile copper system, and the spatially relationship to several recently outline gravity anomalies highlights the potential for discovery. The newly defined target area will be the focus for the additional exploration to take it to drill stage as soon as the snow melts."

The company recently completed a ground gravity survey over the Nine Mile target, a priority target identified through a 2020 helicopter magnetic survey (see releases dated Nov. 24, 2020, and Jan. 22, 2021). That magnetic survey discovered the largest magnetic anomaly on the project, and subsequent exploration discovered a copper-in-soil anomaly, copper in rocks and classic IOCG alteration, all sitting within an interpreted flexure in the Cross Hills fault system.

The gravity survey covered an area measuring up to 4.8 by 4.5 kilometres, with data collected at 200-metre centres where terrain allowed. The survey discovered a strong five-milligal anomaly that extends from the Nine Mile area, southward toward the K6 target, and remains open to the south. Three-dimension inversion processing of the residual gravity data defined a very large anomaly measuring 3,700 metres in length, up to 3,100 metres in width, and extending to a depth of 900 metres. Of note, the very southwest portion of this anomaly sits just east and vertically deeper of the drill holes that intersected copper mineralization at the K6 target (see releases dated Feb. 29, 2024, and Oct. 11, 2024).

The gravity data were reprocessed to identify the strongest signature within the larger anomaly. This additional 3-D inversion processing highlighted two areas. The first, on the northern end, measures 2,100 metres in length, 560 metres in width and 1,000 metres in depth. This anomaly sits within an east-west structural zone and is partially enveloped by a strong magnetic anomaly. The second, at the southern end, measures up to 1,900 metres in length, 2,000 metres in width and 700-plus metres in depth, and is open along strike to the south and to depth.

The company is in the process of planning additional sampling and mapping throughout the newly defined target area. This work will commence shortly.

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 the Yukon territory, 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 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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