Zonte Metals Outlines a Large, Strong Gravity Anomaly on its Cross Hills Copper Project.
(TheNewswire)
March 12, 2025 – TheNewswire - Dartmouth, Nova Scotia - Zonte Metals Inc. (TSXV:ZON)(XOTC:EREPF) (“Zonte” orthe “Company”) is pleased to announce theadvancement of the Nine Mile target with the discovery of its fifthlarge gravity anomaly, on its Cross Hill Copper Project inNewfoundland and Labrador.
Highlights from Nine Mile target:
The discovery of a strong 5 mGal gravityanomaly.
The gravity anomaly has significant size, withdimensions up to 3700 metres by 3100 metres and +900 metres deep, andopen to the south.
The gravity anomaly sits in a complex structural zonethat could have provided mineralizing fluid pathways, enhancing itspotential.
Terry Christopher, President and CEO, comments: “Thediscovery of this large, strong gravity anomaly at Nine Mile is asignificant discovery for Zonte, being its fifth large-scale gravityanomaly outlined within the project. A portion of the new anomaly ispo sitioned at a flexure in the Cross Hillsfault and intersected by multiple fault sets. This structural zone may have acted as a conduit for fluidmovement and a potential trap for mineralization . At the surface,above the anomaly, copper has been identified in rocks, whilecopper-in-soil anomalies have been identified where the soil samplinghas been completed. When strongest portions of the anomaly areexamined, two separate target areas are highlighted; a northern onesitting within a structural zone within the strongest magneticsignature at Nine Mile and a southern one which is close to the K6copper bearing drill holes. The K6 discovery points to a fertilecopper system and the spatially relationship to several recentlyoutline gravity anomalies highlights the potential for discovery. Thenewly defined target area will be the focus for the additionalexploration to take it to drill stage, as soon as the snowmelts.”
The Company recently completed a ground gravity surveyover the Nine Mile target, a priority target identified through a 2020helicopter magnetic survey (see releases dated November 24, 2020 andJanuary 22, 2021). That magnetic survey discovered the largestmagnetic anomaly on the project and subsequentexploration discovered a copper-in-soil anomaly, copper-in-rocks,classic IOCG alteration all sitting within an interpreted flexure inthe Cross Hills fault system.
The gravity survey covered an area measuring up to 4.8by 4.5 km, with data collected at 200-metre centres where terrainallowed. The survey discovered a strong 5 mGal anomaly that extendsfrom the Nine Mile area, southward toward the K6 target and remainsopen to the south. 3D inversion processing of the residual gravitydata defined a very large anomaly measuring 3,700 metres in length, up to 3,100 metres in width, andextending to a depth of 900 metres, within the 0.6–1.0 gm/cc range. Of note, the very southwest portion of thisanomaly sits just east and vertically deeper of the drill holes thatintersected copper mineralization at the K6 target (see releases datedFebruary 29, 2024 and October 11, 2024).
The gravity data wasre-reprocessed in the 1.0 – 1.2 gm/cc range to identify thestrongest signature within the larger anomaly. This additional 3Dinversion processing highlighted two areas. The first, on the northernend measures 2100 metres in length, 560 metres in width and 1000metres in depth. This anomaly sits within an east-west structural zoneand is partially enveloped by a strong magnetic anomaly. The second,at the southern end, measures up to 1900 metres in length, 2000 metresin width and +700 metres in depth, and is open along strike to thesouth and to depth.
The Company is in the process of planning additionalsampling and mapping throughout the newly defined target area. Thiswork will commence shortly.
Imagery for the new gravity discovery is exhibitedbelow. Additional information on the project canbe found at the following link https://www.zontemetals.com/projects/cross-hills-copper-property
Figure 1. Plan view of the Nine Mile 3D inversiongravity anomaly (0.6 – 1.0 gm/cc). .
Figure 2. Cross-section of the Nine Mile 3D inversion gravity anomalylooking E (0.6 – 1.0 gm/cc).
Figure 3. Plan view of the Nine Mile 3D inversion gravity anomaly (1.0 – 1.2 gm/cc). .
Figure 4. Cross-section of the Nine Mile 3D inversion gravity anomalylooking E (1.0 – 1.2 gm/cc).
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy of accuracyof this release.
Donald Blake, PGeo, is the qualified person as definedby National Instrument 43-101 and has reviewed and approved thecontents and technical disclosures in this press release. Mr. Blake isa non-independent consultant to Zonte Metals.
About Zonte
Zonte Metals Inc. is a junior explorer focused on goldand copper. The Company owns 100% of the MJ project, in the TintinaGold Belt, located in the Yukon Territory, the Wings Point project inthe new Central Newfoundland Gold Belt, and the Cross Hills Copperproject located in Newfoundland and Labrador. In Colombia, the companyhas a 25% carried interest in Project X where historic drillingintersected significant gold mineralization and the Company andpartner have an application over open areas sitting on top of the openpit outline of the Gramalote Deposit in Colombia, which is held byAngloGold Ashanti (NYSE:AU) and B2Gold (TSX:BTO, NYSE:BTG). The titleissuance is being contested by the state governing the application andthe Company has started legal action to protect its rights.
Forward-Looking Information
This news release contains forward-looking statementswhich include statements regarding the Corporation’s future plans,as well as statements regarding financial and business prospects andthe Corporation’s future plans, objectives or economic performanceand financial outlooks. The Corporation believes that the expectationsreflected in this news release are reasonable but actual results maybe affected by a variety of variables and may be materially differentfrom the results or events predicted in the forward-lookingstatements. Readers are therefore cautioned not to place unduereliance on these forward-looking statements. In evaluatingforward-looking statements readers should consider the risk factorswhich could cause actual results or events to differ materially fromthose indicated by such forward-looking statements. Theseforward-looking statements are made as of the date hereof, and unlessotherwise required by applicable securities laws, the Corporation doesnot intend, nor does it undertake any obligation to update or reviseany forward-looking statements. Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy of accuracy of this release.
For further information contact:
Terry Christopher
CEO and President
902-405-3520
info@zontemetals.com
Copyright (c) 2025 TheNewswire - All rights reserved.
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