04:19:02 EST Wed 05 Nov 2025
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Zonte Metals Inc
Symbol ZON
Shares Issued 80,904,105
Close 2025-04-15 C$ 0.06
Market Cap C$ 4,854,246
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Zonte extends gravity anomaly at Cross Hills project

2025-04-15 16:49 ET - News Release

Mr. Terry Christopher reports

ZONTE METALS EXTENDS ITS BIG K GRAVITY ANOMALY ON ITS CROSS HILLS COPPER PROJECT AND RECEIVES A GRANT FROM THE GOVERNMENT OF NEWFOUNDLAND AND LABRADOR

Zonte Metals Inc. has extended the gravity anomaly at the Big K target on its Cross Hills copper project in Newfoundland and Labrador, marking the seventh large-scale anomaly discovered by the company.

Highlights from Nine Mile target:

  • Discovery of two gravity anomalies within the target, extending the total length to 2.2 kilometres;
  • The largest gravity anomaly measures 1,400 metres by 600 m and 840 m deep;
  • Above the anomaly, a bedrock copper showing returned 2.82 per cent copper and 10 grams per tonne silver;
  • Gravity anomalies are coincident with copper-in-soil anomalies.

Terry Christopher, president and chief executive officer, commented: "The recent gravity survey, which covered the southern extension of the previously discovered Big K target, identified two closely spaced anomalies extending over a 2.2 km strike length. These gravity bodies, located approximately 40 m to 60 m below the surface, coincide with Cu-in-soil anomalies and known bedrock copper mineralization. A previously discovered copper vein, which returned 2.82 per cent Cu and 10 g/t Ag, was found at the surface above the gravity targets. It is postulated that this surface copper mineralization was pushed up through the capping rock from a deeper source. The strong correlation across all exploration techniques highlights the high-priority nature of this target."

The northern portion of the Big K target was previously defined through gravity, magnetics, structural analysis, IOCG (iron-ore-copper-gold) style alteration, and copper in bedrock and Cu-in-soil anomalies. Earlier work identified a drill-ready target approximately 1,500 metres long. However, additional soil sampling in 2024 extended the original soil anomaly farther south (Aug. 7, 2024). The recent gravity survey was conducted over this newly identified southern extension.

Results from the 2025 gravity survey identified two closely spaced gravity anomalies within a 2.2 km strike length. The larger anomaly measures 1,400 m by 650 m and extends to a depth of up to 840 m. The second anomaly, located 140 m to the south, has a generally spherical shape with a diameter of 650 m. Both anomalies lie between 40 m and 60 m below the surface.

Note, the anomalies become one when the 3-D residual gravity is processed at 0.50 gram per cubic centimetre. A previously discovered high-grade bedrock copper showing, which returned 2.82 per cent Cu and 10 g/t Ag, sits above the anomalies. This showing consists of a chalcocite vein cutting through a capping granite and is believed to have resulted from a fluid injection, possibly linked to the gravity anomalies below. The chalcocite vein, ranging from two cm to eight cm in width and 1.5 m in length before merging into granite, was selectively sampled. Thus, the grab sample may not accurately represent the true underlying mineralization.

The company has conducted numerous geophysical and geochemical programs over the target area. Among these, mobile metal ion (MMI) and soil gas hydrocarbon (SGH) soil sampling programs have been completed, both of which identified Cu-in-soil anomalies coinciding with the gravity signatures. The very southern portion of the target area has not been covered with SGH sampling. The company may complete further sampling to bring this target to drill-ready stage.

Zonte would also like to acknowledge and thank the government of Newfoundland and Labrador for a grant totalling $30,703.97. The grant was issued through the mineral incentive program -- junior exploration assistance from the Department of Industry, Energy and Technology. The grant is in recognition of 2024 exploration expenditures on the Cross Hills copper project.

In addition, Southern Sky Resources Corp. has notified the company it has terminated the option agreement for the Wings Point East project.

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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