Mr. Terry Christopher reports

ZONTE METALS DISCOVERS A LARGE GRAVITY ANOMALY AT THE N DUNNS TARGET AND EXPANDS THE DUNNS MOUNTAIN GRAVITY ANOMALY ON ITS CROSS HILLS COPPER PROJECT

Zonte Metals Inc. has discovered a large gravity anomaly at the N Dunns target and has extended the Dunns Mountain gravity anomaly on its Cross Hills copper project in Newfoundland and Labrador.

Highlights from gravity data results at N Dunns and Dunns Mountain target:

• The N Dunns gravity target measures 3,300 metres, up to 650 metres wide and up to 1,000 m deep;
• N Dunns gravity target is coincident with copper in soils;
• Dunns Mountain gravity anomaly has been extended north by 600 m.

Terry Christopher, president and chief executive officer, commented: "The N Dunns gravity survey was completed over the previously identified magnetic anomaly at N Dunns. The newly discovered gravity anomaly measures 3,300 m along strike, up to 650 m wide, up to 1,000 m thick and is open along strike to the NW. The anomaly is spatially coincident with previously completed copper in soils over the area, and sits parallel to and crosscuts an interpreted large fault. The new survey data also has allowed additional processing of the previously collected Dunns Mountain target gravity data. Most of the early drilling by the company was completed at Dunns Mountain, where values in drill core up to 14 per cent Cu, 15.8 g/tr Au and 352 g/t Ag over 0.43 m were recorded. Interpretation of the new processing of the Dunns Mountain gravity data suggests that the anomaly extends much farther north than previously known. Additional exploration, including additional gravity is required at both N Dunns and Dunns Mountain targets."

The N Dunns target was discovered during a helicopter magnetic airborne survey (see press release dated Jan. 19, 2021). The anomaly has seen limited exploration since that time, except for a first-pass soil program and minimal prospecting. The 3-D residual gravity processing, in the 0.3 to 0.6 g/cc range, identified a large anomaly sitting approximately 100 below surface, measuring 3,300 m along strike, up to 650 m wide, and is open in one direction along strike. The anomaly ranges from 650 m to plus 1,000 m in thickness. While the target has been subject to minimal exploration, a two-centimetre-wide quartz stringer vein, sitting at surface above the anomaly, contained trace chalcopyrite, malachite and azurite. Additional exploration programs, including prospecting, mapping, additional gravity and soils, are required to fully evaluate this target.

With the additional gravity survey coverage from the 2025 program, which extended close to the Dunns Mountain target, the company was able to reprocess the gravity data from this target. The additional processing has expanded the previously known gravity anomaly to the north by 600 m. Additional gravity data are required to close off the anomaly, hence the exact size is not yet established. Dunns Mountain was the subject to most of the early drilling programs, where the company intersected values in drill core up to 14.0 per cent Cu (copper), 15.8 g/t Au (gold) and 352 g/t Ag (silver) over 0.43 m (see press release dated June 3, 2019). Additional exploration is now required on the newly identified target extension.

Note that geophysical surveys are not definitive, and the results are still at an early stage of interpretation, with no guarantee of a mineral discovery.

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 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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