Zonte Metals Identifies Large Target at Cross Hills IOCG Project

- June 12th, 2018

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.

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