• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Base Metals Market
Base Metals News
Base Metals Stocks
  • Base Metals Market
  • Base Metals News
  • Base Metals Stocks
iron investing

Zonte Metals Identifies Large Target at Cross Hills IOCG Project

Scott Tibballs
Jun. 12, 2018 09:16AM PST
Base Metals Investing

According to the release the company has been engaging in a survey program at a previously identified high-priority target.

Zonte Metals (TSXV:ZON) has released an update on its ongoing exploration program at the Cross Hills iron oxide copper-gold project in Newfoundland.

According to the release the company has been engaging in a survey program at a previously identified high-priority target.

As quoted in the press release:

The newly discovered target, named K6, is characterized by a large strong magnetic anomaly with a surface projection measuring up to 1200m x 700m. The top of the strongest portion of the anomaly sits 100 to 150m below the surface and extends over 800m deep. Prospecting in the area has identified numerous copper showings and indications, all coincident with the anomaly at surface. One newly discovered mineral showing was assayed and returned 0.28 percent copper, 3.1 grams per tonne (g/t) silver and trace amounts of gold.

President and chief executive officer of Zonte, Terry Christopher said:

“The newly discovered K6 target is very large with considerable thickness and sits at the junction of two major faults. Despite the target sitting below surface, numerous locations with copper mineralization have been discovered above the anomaly at surface. This in combination with the alteration that has been identified suggests this is a high-priority IOCG drill target. Exploration along the Cross Hills trend, of which Zonte controls 25 kilometres of strike length, continues to provide targets. A significant advantage of the property is the high percentage of bedrock exposure which allows targets to be fully explored to decide whether or not they warrant further work; bringing them well beyond just a geophysical anomaly”.

Click here to view the full Zonte Minerals (TSXV:ZON) press release.

tsxv:zon cross hills iron investing
The Conversation (0)

Go Deeper

AI Powered
Questcorp Mining (CSE:QQQ)

Questcorp Mining

C3 Metals Intersects Broad Zones of Gold Mineralization in First Drill Holes at Super Block Project, Jamaica

C3 Metals Intersects Broad Zones of Gold Mineralization in First Drill Holes at Super Block Project, Jamaica

Latest News

Update on Economics of Raleigh Lake Project in Ontario

Prismo Metals to Increase Hot Breccia Interest to 95%, Secures Option for Full Control

Steadright Binds Deal for Historic Copper-Lead-Silver Project in Morocco

Surface Sampling at Smart Creek Project Yields High-Grade Mineralization with up to 102 g/t Au, up to 23% Cu and up to 3810 g/t Ag

Company Name Change to ILC Critical Minerals Ltd.

More News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Base Metals Investing Stocks

Cyclone Metals

Cyclone Metals (CLE:AU)
CLE:AU
More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES