lynssa, flynn - you are insignificant news.
Maybe the stock goes up or down tomorrow, if down I am buying.
What is important is K6 sounds like a better target than Dunns and it is now confirmed by magnetics and gravity. The company has not yet released gravity from Dunns, not mentioned in the news release, so more info to come???
And sounds like they got financial assistance from NFLD, there is nobody better than Christopher to stretch $$$$$
**********************
Zonte Metals Inc. has discovered a significant gravity anomaly at the K6 target, identified during a 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 covers the area between and including K6 and K8 targets, and a northern block covers the Dunns Mountain area and south to near Carols Hat. In the search for IOCG deposits, the gravity method is a useful geophysical tool used to help identify drill targets. In magnetite-hematite systems, which appears to be the common association for known copper mineralization at the Cross Hills property, the ideal geophysical signature for the IOCG model would be associated gravity and magnetic anomalies.
The K6 target area, which sits about 12 kilometres south of the Dunns Mountain target, was discovered by high-resolution ground magnetics in 2018. The recently completed gravity survey was conducted to ascertain whether the K6 area would be drill tested. The collected Bouguer gravity data from the K6 area were processed to identify the residual gravity signature, which was further processed with 3-D inversion modelling. The data suggest a large gravity anomaly sitting 100 to 150 metres below surface, measuring approximately 600 metres in length and 150 metres in width with a 250-metre-depth extent. The gravity anomaly sits adjacent to and partially overlaps the magnetic high anomaly.
Exploration carried out by the company in 2018 in the K6 area dis