DARTMOUTH, NOVA SCOTIA - April 15, 2025 (NEWMEDIAWIRE) - Zonte Metals Inc. (TSXV:ZON)(XOTC:EREPF) is pleased to report the extension of 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 2.2km.
- The largest gravity anomaly measures 1400 x 600m and 840m deep.
- Above the anomaly, a bedrock copper showing returned 2.82% Cu and 10 g/t Ag.
- Gravity anomalies are coincident with copper-in-soil anomalies.
Terry Christopher, President and CEO, 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 to 60 meters below the surface, coincide with Cu-in-soil anomalies and known bedrock copper mineralization. A previously discovered copper vein, which returned 2.82% 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-style alteration, and copper in bedrock and Cu-in-soil anomalies. Earlier work identified a drill-ready target approximately 1,500 meters long. However, additional soil sampling in 2024 extended the original soil anomaly further south (August 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 by 650 meters and extends to a depth of up to 840 meters. The second anomaly, located 140 meters to the south, has a generally spherical shape with a diameter of 650 meters. Both anomalies lie between 40 and 60 meters below the surface. Note, the anomalies become one when the 3D residual gravity is processed at 0.50 g/cc. A previously discovered high-grade bedrock copper showing, which returned 2.82% 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 2 to 8cm in width and 1.5m 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.
Figure 1. Plan view of the Big K 3D inversion gravity anomaly (0.6 0.8 g/cc) with Cu-in-soil anomalies and high-grade bedrock copper showing.
In addition, Southern Sky Resources Corp has notified the Company it has terminated the option agreement for the Wings Point East Project.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
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
Zonte Metals Inc. is a junior explorer focused on gold and copper. The Company owns 100% 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% 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.
Forward-Looking Information
This news release contains forward-looking statements which include statements regarding the Corporation's future plans, as well as statements regarding financial and business prospects and the Corporation's future plans, objectives or economic performance and financial outlooks. The Corporation believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements. In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof, and unless otherwise required by applicable securities laws, the Corporation does not intend, nor does it undertake any obligation to update or revise any forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.
