zonte metals

Depth is looking better

October 19, 2023 TSXV: ZON

Zonte Metals Inc (TSXV: ZON) (“Zonte” or the “Company”) is pleased to announce recent additional soil data results from the K6 target on its Cross Hill Copper Project, in Newfoundland and Labrador.

Terry Christopher, President and CEO comments, “The recent soil data has confirmed a copper-in-soil anomaly coincident with numerous other datasets within the K6target area. The K6 target was previously drilled in 2019 when two drill holes tested magnetic and gravity geophysical highs, which sit north of the newly define drill target. Drilling at several targets in the Cross Hills Copper Project, between 2019 and 2020, focused exclusively on geophysical anomalies. While high-grade and long intervals of fracture-controlled copper mineralization was discovered in drill core, the Company made a strategic decision to suspend drilling and focus on gaining a more comprehensive understanding the mineralizing system to better define drill targets. To this end, since 2020, numerous additional exploration programs have been conducted, and drill locations in the upcoming drill program at K6 will be derived from an integrated interpretation of multiple datasets. The new K6 target area represents the first site to be drill-tested since 2020, positioned approximately 200-300 meters to the south of the previous two drill locations. The dataset for the K6 target is presently being modelled to help define drill locations, which will be followed by drilling.”

www.zontemetals.com/press-releases/zonte...-target-for-drilling

Agree alexgreat, bought more under $0.05, it's a great opportunity, might be the last time ever we witness those low share prices.

Could Terry Christopher take the decision to drill this winter instead, the ground will be muddy in a few weeks ?

Just a test post to see if email alert is functioning

I will bet the stocks is 10 cents or more by end of November Buy now buy cheap

A better question might be who bought the 6.5 million shares? There was a bid for 1 million. What did this person know or see?

Cricket, I got some shares too at 3 cents, but no big quantities

Pasta, there has been a lot of volume since September, about 6.5 million shares. The stock has never traded near this volume over such a short period. I would guess a lot of those sellers have already sold. Typical panic selling at a bottom.

I agree ZON needs to make a discovery. Lets see what this coming drill program does?

Here is depth, also the other platforms are bidding for 129k at .04

Bought 22,000 shares at $0.045, do you have the depth GoldnBoy, thanks ?

Maybe the fund is done selling but I am pretty sure there are allot of stock holders wanting out of this stock.
Unless this stock can push back up beyond .25 cents there will be constant sellers.
They will need to discover something substantial to get there otherwise this will languish with constant selling pressure.
If history is any measure this can take many years.

Maybe the fund is done selling !!