TSXV: ZON Zonte Metals is pleased to provide the following update on the Wings Point Gold Project. Highlights: Discovers anomalous gold at Wings Point in drilling including a significant quartz- carbonate-sulphide system. Expands Wings Point claims via staking, acquiring 43 additional claims contiguous and south of Wings Point where historic till sampling recorded 59.2 g/t gold. The Wings Point project is composed of 144 [...]
Zonte Metals is pleased to provide the following update on the ongoing phase 2 drill program at its Cross Hills Iron Oxide Copper Gold Project. The Company also wishes to announce it has completed the phase 1 drill program at its Wings Point Gold Project. At the Cross Hills IOCG project, winter drilling included the completion of four holes with a fifth in progress at the Dunns Mountain target. The winter program was shut [...]
Zonte Metals is pleased to provide the following update on the Phase 2 drill program at its Cross Hills Iron Oxide Copper Gold Project and the commencement of Phase 1 drilling at the Wings Point Gold Project. Phase 2 drilling at the Cross Hills property is focusing on the Dunns Mountain target, where the Company has previously intersected copper, silver and gold in an IOCG system. Drilling was suspended early April due to [...]
Two drill holes were completed on both the K6 and Dunns Mountain targets during November - December of 2019. The initial proposed program was hampered by uncharacteristic heavy rains so drilling locations were altered to logistically accessible areas within the targets. The present drill program, which is in progress on Dunns Mountain, will allow testing of the targets that were not easily accessible during 2019 program [...]
Zonte Metals announces that it has completed its previous announced non-brokered private placement after further increasing the financing to $1.5 million consisting of 4,183,167 flow through shares at a price of $0.30 and 1,157,935 Units at a price of $0.23 for total proceeds of $1,521,275, subject to TSX Venture Exchange approval. Each Unit will consist of one common share and one-half of one share purchase warrant, with [...]
Zonte Metals Inc. announces that, due to increased demand, it has increased the size of its previous announced non-brokered private placement to $1.4 million consisting of 4,183,167 flow through shares at a price of $0.30 and 723,044 Units at a price of $0.23 for total proceeds of $1,421,250, subject to TSX Venture Exchange approval. Each Unit will consist of one common share and one-half of one share purchase warrant [...]
Zonte Metals Inc. has completed a $1.25 million financing consisting of 4,166,667 flow through shares at a price of $0.30 for total proceeds of $1,250,000, subject to TSX Venture Exchange approval. The securities issued pursuant to the Offering will be subject to a four-month and one day statutory hold period. In connection with the private placement, Zonte will pay finders' fees to Eligible Finders of $75,000 in cash [...]
Zonte Metals is pleased to announce the discovery of two large gravity anomalies and the commencement of drilling at the Dunns Mountain target on its Cross Hills IOCG project. Highlights: Discovery of a large gravity high anomaly sitting under Dunns Mountain. 3D Inversion modelling indicates the target measures 750m long, 400m wide and up to 1000m deep Gravity anomaly extends under the magnetic anomaly and drill holes [...]
Zonte Metals is pleased to announce the discovery of a second large gravity anomaly and commences drilling at the K6 target on its Cross Hills IOCG project. The recently completed gravity survey was carried out over two separate areas; a southern block covering the K6 and K8 areas and a northern block covering the high priority Dunns Mountain target - Carols Hat area. As press released on October 8, the Company announced [...]
Zonte Metals is pleased to announce the discovery of a significant gravity anomaly at the K6 target identified during recently completed detailed ground gravity survey at its Cross Hills Iron Oxide Copper Gold project. The gravity survey carried out during July to September was completed over two different blocks. A southern block which covers the area between and including K6 and K8 targets and a northern block which [...]
Zonte Metals is pleased to announce the discovery of a new IOCG target, called K8, and the start of the detailed ground gravity survey at its Cross Hills Iron Oxide Copper Gold. The K8 target, which sits about 2km south of the K6 target, was discovered with high resolution ground magnetics. The target is defined by moderate to strong magnetics and is about 1200m by 600m in area. 3D inversion processing of the magnetic [...]
Zonte Metals is pleased to provide the following update on an amendment to the McConnells Jest, Yukon Territory, option agreement. The Company has amended the terms of the the McConnells Jest property option agreement wherein it has agreed to pay $25,000 and issue 83,333 shares upon TSXV approval in lieu of the scheduled $50,000 property payment due January 20, 2020. The McConnells Jest property is an Intrusion Related [...]