Announcement • Jun 12
Zonte Metals Inc. announced that it has received CAD 0.4 million in funding On June 10, 2026, Zonte Metals Inc. closed the transaction. The company issued 1,500,000 common share units at a price of CAD 0.10 per Common Share Unit for additional proceeds of CAD 150,000 in second and final tranche. In connection with securities sold pursuant to the Offering, the Company will pay CAD 1,750 in cash and issue 17,500 Finders’ Warrants to Stephen Avenue Securities Inc., an Eligible Finder who is at arm’s length to the Company. Each Finders’ Warrant is exercisable until December 2, 2027, to purchase one common share of the Company at a price of CAD 0.15 per share. Finders’ Fees paid in connection with the Offering are subject to and in accordance with Exchange and regulatory policies. All securities issued pursuant to the first tranche, including any shares that may be issued pursuant to the exercise of the common share purchase warrants, will be subject to a four-month and one day statutory hold period ending October 3, 2026. All securities issued pursuant to the second tranche, including any shares that may be issued pursuant to the exercise of the common share purchase warrants, will be subject to a four-month and one day statutory hold period ending October 11, 2026. Announcement • May 27
Zonte Metals Inc. announced that it expects to receive CAD 0.25 million in funding Zonte Metals Inc. has announced non-brokered private placement offering common share units of 2,500,000 at the price of CAD 0.10 for the gross proceeds of CAD 250,000 on May 26, 2026. Each Unit will consist of one common share and one-half common share purchase warrant entitling the holder to acquire one additional common share for a period of 18 months from the date of issuance. The warrants accompanying the common share units will be exercisable at a price of CAD 0.15. The Company may consider increasing the size of the offering depending on demand. The offering is subject to regulatory approvals, including approval from the Canadian Securities Exchange. The company may pay eligible finders will be entitled to a Finders’ Fees in connection with securities sold pursuant to the Offering of cash in an amount equal to 7% of the aggregate gross subscription proceeds received from the sale of securities and Finders Warrants equal to 7% of the number of securities sold in the Offering, each such Finders Warrant exercisable at any time up to 18 months following its date of issuance to purchase one common share of the Company at an exercise price of CAD 0.15 per share. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day from the date of issuance. The closing of the Offering is expected to take place on or about June 2, 2026. Announcement • May 26
Zonte Metals Inc., Annual General Meeting, Jul 22, 2026 Zonte Metals Inc., Annual General Meeting, Jul 22, 2026. Location: nova scotia, mount uniacke, Canada New Risk • Apr 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$374k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$10.1m market cap, or US$7.31m). New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$675k free cash flow). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.24m market cap, or US$2.35m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). Announcement • May 28
Zonte Metals Inc., Annual General Meeting, Jul 22, 2025 Zonte Metals Inc., Annual General Meeting, Jul 22, 2025. Location: nova scotia, mount uniacke Canada New Risk • May 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$587k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$587k free cash flow). Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$4.05m market cap, or US$2.94m). Announcement • Apr 16
Zonte Metals Inc. Reports the Extension of the Gravity Anomaly At the Big K Target on Its Cross Hills Copper Project in Newfoundland and Labrador Zonte Metals Inc. reported 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. 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 and Soil Gas Hydrocarbon 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. In addition, Southern Sky Resources Corp. has notified the Company it has terminated the option agreement for the Wings Point East Project. Announcement • Jan 01
Zonte Metals Inc. announced that it has received CAD 0.2559 million in funding On December 30, 2024 Zonte Metals Inc. closed the transaction and issued 715,000 Common Share Units at a price of CAD 0.06 per Common Share unit for proceeds of CAD 42,900 and 3,276,924 Flow-through Shares at a price of CAD 0.065 per Flow-through Share for proceeds of CAD 213,000.06 for the aggregate gross proceeds of up to CAD 255,900.06. Each full warrant is exercisable until December 20, 2026. In connection with securities sold pursuant to the Offering, the Company will pay CAD 15,680 in cash and issue 243,385 Finders’ Warrants to two Eligible Finders, each of whom is at arm’s length to the Company. Each Finders’ Warrant is exercisable until June 20, 2026, to purchase one common share of the Company at a price of CAD 0.12 per share. Finders’ Fees paid in connection with the Offering are subject to and in accordance with Exchange and regulatory policies. An insider of the Company acquired 150,000 CS Units of the Offering for proceeds to the Company of CAD 9,000. All securities issued pursuant to the Offering will be subject to a four-month and one day statutory hold period ending April 21, 2025. Announcement • Dec 19
Zonte Metals Inc. announced that it expects to receive CAD 0.75 million in funding Zonte Metals Inc. announced a non-brokered private placement that it will issue up to 6,000,000 Common Share Units at a price of CAD 0.06 per Common Share unit and 6,000,000 Flow-through Shares at a price of CAD 0.065 per Flow-through Share for the aggregate gross proceeds of up to CAD 750,000 on December 18, 2024. The transaction is subject to TSX Venture Exchange approval. Each Common Share Unit will consist of one common share and one-half common share purchase warrant with each whole warrant entitling the holder to acquire one additional common share at an exercise price of CAD 0.10 per common share for a period of 18 months from the date of issuance. Eligible finders will be entitled to a Finders’ Fees in connection with securities sold pursuant to the Offering of cash in an amount equal to 7% of the aggregate gross subscription proceeds received from the sale of securities; and Finders’ Warrants equal to 7% of the number of securities sold in the Offering, each such Finders’ Warrant exercisable at any time up to 18 months following its date of issuance to purchase one common share of the Company at an exercise price of CAD 0.12 per share. All Finders’ Fees will be subject to and in accordance with Exchange and regulatory policies. The initial closing of the Offering is expected to take place on or about December 20, 2024 or other dates as may be determined by the Company. The securities issued pursuant to the Offering will be subject to a four-month and one day statutory hold period. Certain insiders of the Company may participate in the Offering. Announcement • Nov 29
Zonte Metals Inc. Outlines a Large Drill Target at the K9 Anomaly, on its Cross Hills Copper Project Zonte Metals Inc. announced the advancement of the K9 target to drill stage. Highlights: Identification of a large gravity anomaly that is spatially associated with a magnetic anomaly, elevated copper-in- soils and rocks and is structurally controlled; The gravity anomaly measures 1250m by 875m and +750m depth. The K9 target area is one of 12 target zones within the Cross Hills Copper Project. Recent drilling success at the K6 target has provided important insights into the copper mineralizing system that led to this discovery. Leveraging the knowledge gained from K6, the Company is advancing several nearby large targets south of K6 including K6S-K7, K8, K9, and K10, to drill-ready status, pending supporting data. The K6 discovery represents an Iron Sulphide Copper (ISC) variant within the Iron Oxide Copper Gold (IOCG) system, which typically are smaller than traditional large tonnage IOCG deposits. The targets south of K6 are large-scale IOCG prospects, each exhibiting significant gravity and/or magnetic anomalies coincident with geochemical and geological datasets. The company has now completed and compiled all the geochemical and geophysical data through the K9 target area. The re-processing of the geophysical data has identified a large gravity anomaly which is spatially coincident with a magnetic anomaly, copper-in-soils and rocks, sitting in a fault structure, with mapped IOCG alteration. This anomaly now deemed a high-priority target, measures 1275 metres in length, 875 metres in width and extends to depths exceeding 750 metres. To the east, the anomaly extends beyond the limits various surveys and may be open in that direction. The K9 gravity anomaly sits about 75-100m below the surface and dips steeply to the east. In and around the anomaly, multiple copper showings and indications have been discovered in bedrock. Grab samples through the area range from anomalous to 1.76% Cu. Silver values in the grab samples range from trace up to 12 g/t with trace gold. Copper mineralization in the target area is composed of bornite, chalcocite and chalcopyrite. Surface alteration above the anomaly is strong, particularly in the area where the gravity anomaly is closest to the surface. Announcement • Oct 12
Zonte Metals Provides an Update on the K6 Drilling Program At Its Cross Hills Copper Project in Newfoundland and Labrador Zonte Metals provided an update on the K6 drilling program at its Cross Hills Copper Project in Newfoundland and Labrador. A total of five drill holes, totaling 1,491 meters, were completed in the summer 2024 drill program and are hereafter designated by the CH24-0X number series. The program was designed to test extensions along strike and at depth from the previous drilling conducted in late 2023, as well as to explore several untested data signatures. Mineralization remains open along strike to the northeast and at depth. To the northeast, drill hole CH23-01, drilled in late 2023, may have been collared too far south of the potential copper extension identified in CH24-01, possibly missing the target zone. It is currently unclear whether mineralization extends to the west, however, noted drill core alteration in holes CH24-04 and CH24-05 suggest further testing is needed, either stepping out to the north or at greater depth. Compared to results from the 2023 drill program, three significant changes in mineralization have been observed in the summer 2024 drill results: The copper mineralization is now predominantly very finely disseminated throughout the mineralized zones, as opposed to a mix of fracture-controlled and disseminated mineralization. The copper mineralization consists of a mix of chalcocite and bornite, whereas most of the 2023 drill holes contained mainly chalcocite. Mineralization is now observed in two adjacent units, as opposed to a single unit. Mineralization in CH24-01, intermittent in nature, was observed over 50m, between 193 to 243m. The single best mineralization interval, noted in the assay table shows 0.22% Cu over 11.5m, including 0.44% Cu over 3.5m. Mineralization in this drill hole exhibits similar characteristics noted for CH24-02 including increasing bornite with depth, increasing disseminated versus fracture-controlled mineralization and present in two units. The cross section also illustrates a possible increasing grade with depth, which will be tested in the upcoming drill program. New Risk • Sep 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$878k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$878k free cash flow). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$4.61m market cap, or US$3.40m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). New Risk • Jun 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.54m market cap, or US$4.75m). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Announcement • May 15
Zonte Metals Inc. announced that it has received CAD 0.3548 million in funding On May 14, 2024, Zonte Metals Inc closed the transaction. The company issued 1,080,000common shares units at an issue price of CAD 0.08 per share for the gross proceeds of CAD 86,400 and 2,982,220 flow-through units at an issue price of CAD 0.09 per unit for the gross proceeds of CAD 268,399.8; aggregate gross proceeds of CAD 354,799.8. Each Unit consists of one common share and one common share purchase warrant expiring May 3, 2026. In connection with securities sold pursuant to the Offering, the Company will pay CAD 24,672 in cash and issue 280,578 Finders’ Warrants to three Eligible Finders, all of whom are at arm’s length to the Company. An insider of the Company acquired 200,000 FT Units and 100,000 CS Units of the Offering for proceeds to the Company of CAD 26,000. Announcement • May 02
Zonte Metals Inc. announced that it expects to receive CAD 0.35 million in funding Zonte Metals Inc. announced a non-brokered private placement to issue 1,000,000 common shares units at an issue price of CAD 0.08 per share for the gross proceeds of CAD 80,000 and 9,000,000 flow-through units at an issue price of CAD 0.09 per unit for the gross proceeds of CAD 270,000; aggregate gross proceeds of CAD 350,000 on May 1, 2024. Each Unit will consist of one common share and one common share purchase warrant entitling the holder to acquire one additional common share for a period of 24 months from the date of issuance. The warrants accompanying the common share units will be exercisable at a price of CAD 0.11 and the warrants accompanying the flow-through units will be exercisable at a price of CAD 0.15. Eligible finders will be entitled to a Finders' Fees in connection with securities sold pursuant to the Offering of cash in an amount equal to 8% of the aggregate gross subscription proceeds received from the sale of securities; and Finders' Warrants equal to 8% of the number of securities sold in the Offering, each such Finders' Warrant exercisable at any time up to 18 months following its date of issuance to purchase one common share of the Company at an exercise price of CAD 0.18 per share. All Finders' Fees will be subject to and in accordance with Exchange and regulatory policies. The closing of the Offering is expected to take place on or about May 3, 2024 or such other date as may be determined by the Company. The securities issued pursuant to the Offering will be subject to a four-month and one day statutory hold period. Certain insiders of the Company may acquire Units in the Offering valued at up to CAD 26,000. The transaction is subject to TSX Venture Exchange approval. Announcement • Dec 22
Zonte Metals Inc. announced that it expects to receive CAD 0.30005 million in funding Zonte Metals Inc. announced a non-brokered private placement of 770,000 common shares at a price of CAD 0.065 and 3,125,000 flow through units at a price of CAD 0.08 per unit for the gross proceeds of CAD 300,050 on December 21, 2023. Each unit will consist of one common share and one share purchase warrant entitling the holder to acquire one additional common share at a price of CAD 0.14 for a period of 24 months from the date of issuance. The company may consider increasing the size of the offering depending on demand. Eligible finders will be entitled to a Finders’ Fees in connection with securities sold pursuant to the offering of (i) cash in an amount equal to 7% of the aggregate gross subscription proceeds received from the sale of securities; and (ii) Finders’ warrants equal to 7% of the number of securities sold in the offering, each such Finders’ Warrant exercisable at any time up to 18 months following its date of issuance to purchase one common share of the company at an exercise price of CAD 0.20 per share. The transaction is expected to close on or about December 27, 2023. Certain insiders of the company may acquire units in the Offering valued at up to CAD 20,000. New Risk • Dec 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$642k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$642k free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.57m market cap, or US$4.16m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Nov 18
Zonte Metals Inc. Commences Drilling at the K6 Target on its Cross Hills Copper Project, in Newfoundland and Labrador Zonte Metals Inc. announced it has commenced drilling at the K6 target on its Cross Hill Copper Project, in Newfoundland and Labrador. Zonte acquired the Cross Hills Copper Project in late 2017 based on the strong hydrothermal system present within the project. Known copper mineralization at the time was limited to several copper showings. The Company's initial two years of exploration was focused on exploring and drilling geophysical highs. Copper was discovered throughout the drilling programs with some of the better drill intersected mineralization sitting peripheral to the geophysical anomalies. As an example, CH-19-04, intersected a number of isolated copper zones, including a narrow high-grade interval of 14% Cu over 0.43m, while other drill holes returned low grades of mixed disseminated sulphides containing copper and spaced fractured-controlled copper mineralization over long intervals. With the success of the initial drilling, which was based on limited exploration, the Company recognized a fertile copper system that required additional examination. The last three years of surface exploration have provided a comprehensive dataset that will be used to assist in testing the 11 known targets. The drilling will be targeting locations where multiple overlapping datasets indicate possible sites where copper mineralization might occur, with the K6 being the first target to be tested. Announcement • Oct 20
Zonte Metals Inc. Announces Recent Additional Soil Data Results from the K6 Target on Its Cross Hill Copper Project, in Newfoundland and Labrador Zonte Metals Inc. announced recent additional soil data results from the K6 target on its Cross Hill Copper Project, in Newfoundland and Labrador. Project wide, the Company has discovered 11 large targets. Exploration in 2023 has significantly advanced several targets, with only limited additional work needed to define drill locations for these targets. A multifaceted exploration program continues throughout the project, and additional results will be released once the data is in hand and interpreted within the broader context of comprehensive dataset. New Risk • Jun 24
New major risk - Revenue and earnings growth Earnings have declined by 5.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.9% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$5.57m market cap, or US$4.22m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Announcement • Jan 25
Zonte Metals Inc. announced that it has received CAD 1.0818 million in funding On January 24, 2023, Zonte Metals Inc. closed the transaction. The company issued 3,093,000 common share units at a price of CAD 0.10 and 6,1800,000 flow through units at a price of CAD 0.125 for the gross proceeds of CAD 1,081,800. In connection with securities sold pursuant to the transaction, the company will paid finders’ fees of $47,400 in cash and will issue 384,000 Finders’ Warrants to Eligible Finders. Each Finders’ Warrant is exercisable until December 20, 2027, to purchase one common share at a price of CAD 0.20 per share, subject to Exchange Approval. All Finders’ Fees are subject to and in accordance with Exchange and regulatory policies and the securities issued pursuant to the transaction will be subject to a four-month and one day statutory hold period. Certain insiders of the Company acquired 1,638,000 Common Share Units at an issue price of CAD 0.10 for proceeds to the Company of CAD 163,800. Post completion of the transaction, the Company has 68,557,961 shares issued and outstanding. Announcement • Dec 16
Zonte Metals Inc. announced that it expects to receive CAD 1.04 million in funding Zonte Metals Inc. announced a non-brokered private placement of up to 2,500,000 common share units at a price of CAD 0.10 for gross proceeds of CAD 250,000 and up to 6,320,000 flow-through units at a price of CAD 0.125 for gross proceeds of CAD 790,000 for aggregate gross proceeds of up to CAD 1,040,000 on December 15, 2022. The transaction may include certain insiders of the company for units in the offering valued at up to CAD 200,000. Each unit will consist of one common share and one share purchase warrant entitling the holder to acquire one additional common share at a price of $0.18 for a period of 36 months from the date of issuance. The company may consider increasing the size of the offering depending on demand. Eligible finders will be entitled to a finders' fees in connection with securities sold pursuant to the offering of cash in an amount equal to 6% of the aggregate gross subscription proceeds received from the sale of securities and finders' warrants equal to 6% of the number of securities sold in the offering, each such finders' warrant exercisable at any time up to 60 months following its date of issuance to purchase one common share of the company at an exercise price of CAD 0.20 per share. All finders' fees will be subject to and in accordance with exchange and regulatory policies. The securities issued pursuant to the offering will be subject to a four-month and one day statutory hold period. The closing of the offering is expected to take place on or about December 21, 2022 or such other date(s) as may be determined by the Company. Board Change • Nov 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Director Norm Eyolfson was the last director to join the board, commencing their role in 2009. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 17
Zonte Metals Inc., Annual General Meeting, Jul 14, 2022 Zonte Metals Inc., Annual General Meeting, Jul 14, 2022. Location: Dartmouth NS Dartmouth Canada Board Change • Apr 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Director Norm Eyolfson was the last director to join the board, commencing their role in 2009. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 27
Zonte Metals Identifies Three New Areas of Surface Copper Mineralization At the Cross Hills Property Zonte Metals Inc. provided the following update on the Cross Hills Iron Oxide Copper-Gold Project, located in Newfoundland and Labrador, Canada. The Company has discovered three zones of surface copper mineralization sitting within a 1,600 by 1,100m area, collectively designated as the K10 target. The mineralized areas measure 800 x 400m, 500 x 300m and a third zone with a 250m strike length. Mineralization is open in a number of directions on each target. This new area sits just several hundred metres to the northwest of the K9 target and west of the K8 target. Mineralization in the new K10 target is characterized as mainly copper indications and showings throughout each of the three mineralized zones. Chalcopyrite is the main copper mineral with lesser amounts of native copper. The mineralized zones are characterized by a central core containing chalcopyrite and pyrite with a pyrite halo on the periphery. Samples for which assays has been received to date show values from anomalous up to 1,289 ppm Cu. The Company has also completed several reconnaissance soil lines through the target area with laboratory results pending. The K10 target area has only been partially covered with previously completed magnetic surveys. The Company is preparing to extend coverage over K10 with additional magnetic and gravity surveys. With the new discovery at K10 the Company now has nine targets throughout the Cross Hills Project with targets ranging from drill ready to newly discovered. Qualified Person: Donald Blake, P.Geo. is the qualified person as defined by NI 43-101 and has reviewed and approved the contents and technical disclosures in this press release. Announcement • Sep 24
Zonte Metals Inc. Discovers A Large Copper-In Soil-Anomaly At the K9 Target and Prepares Four Targets for Drilling Zonte Metals announced the discovery of a large soil geochemical anomaly coincident with the K9 target on its Cross Hills IOCG project. The K9 target sits 1.5km south of the K8 target and was discovered by ground checking anomalies identified from a high-resolution airborne magnetic survey. Ground checking discovered classic iron oxide alteration with surface copper mineralization. Bedrock copper mineralization has been discovered throughout the target area with the best sample returning 1.76% Cu, 12.4 g/t Ag and trace gold. Mineralization is characterized by bornite, chalcopyrite and chalcocite associated with pyrite, hematite and magnetite. A soil sampling program was carried out over the K9 area to further define the target limits. The soil data illustrates a large strong copper-in-soil anomaly coincident with the airborne magnetic anomaly, bedrock alteration and mineralization. To date, a total of 966 soil samples have been collected throughout the Cross Hills Property with the K9 target recording 25% of the strongest copper-in-soil values. The target, including the magnetic signature and soil anomaly, sits in a structural zone that was identified from a satellite imagery structural analysis of the Cross Hill Property. To further define the target for drilling the company will complete an Induced Polarization survey over the area. To date, Zonte has identified eight targets along the Cross Hills structural zone. Presently, the Company is working towards identifying drill sites at the Big K, Nine Mile, K6 and K9 targets. This will be accomplished with completing additional Induced Polarization (IP) surveys over each. The remaining targets will be further explored to define additional drillable areas, if warranted. These include: 1. Dunns Mountain where drilling has intersected both high-grade copper, gold and silver values over narrow intervals and anomalous copper values over long intervals. Further work will be carried to the north and south of the previously drilled area; 2. K7 target where untested copper in soils sit above coincident gravity and magnetic anomalies; 3. K8 target where additional work is required to ascertain if drilling is warranted, and 4. North Dunns, where a wide spaced soil program identified anomalous copper that requires infill sampling. Announcement • Jul 15
Zonte Metals Provides the Following Update on the Cross Hills Iron Oxide Copper - Gold Project Zonte Metals provided the following update on the Cross Hills Iron Oxide Copper - Gold Project. A new zone of surface copper mineralization has been discovered at the K6 target during routine follow up of a soil geochemical anomaly. A number of bedrock and float samples over a 35m wide zone returned copper values between 0.18% and 0.89% Cu with trace silver. Mineralization in the new zone is characterized by chalcopyrite with pyrite and minor bornite. The extent of the copper zone is unknown as it strikes into vegetation covered areas. The Company intends on completing an IP geophysical survey over the area to better define this target prior to drilling. A recently commissioned satellite imagery structural analysis of the Cross Hills property shows this new discovery sits along a fault structure. The K6 target, located about 12km south of Dunns Mountain, was discovered in 2019 after completion of overlapping high-resolution ground magnetic and gravity surveys. 3D modelling of this data identified a large coincident anomaly that was drilled with two holes in 2019. The two drill holes tested the strongest portions of the near surface gravity and magnetic anomalies and returned anomalous copper values over narrow intervals. The 2019 drill holes sit greater than 200m to the north of the new copper zone which is located on the southern periphery of the geophysical anomalies. At the Cross Hills property, the Company is continuing to follow up on soil anomalies at a number of areas to further define areas for IP surveys in anticipation of developing priority drill targets. Currently, exploration efforts are focused on the K6, K9, Big K and Nine Mile anomalies. Announcement • May 28
Zonte Metals Inc. Provides an Update on the Wings Point Gold Project Within the Central Newfoundland Gold Belt Zonte Metals Inc. announced a work program consisting of prospecting, as well as rock and soil sampling, has started on the Wings Point Gold Project. During the calendar year 2020 the company expanded its claim holding from 101 claims to 344 claims. The project sits in the developing Newfoundland Central Gold Belt where New Found Gold (NFG-TSXV) continues to expand its high-grade gold discovery and other companies such as Labrador Gold (LAB-TSXV) have engaged in a large drill program. The Company's initial prospecting program will focus on the newly acquired claims where, within one claim block, historic till sampling by Noranda returned samples of 59.2 g/t and 5.3 g/t gold and is not 43-101 compliant, historic in nature and cannot be relied upon). A search of historic records shows these results may not have been followed up. In addition, a second larger 200 claim block has seen little exploration based on historic assessment report information and represents virgin exploration ground to be covered in the work program. Announcement • Jan 28
Zonte Metals Inc.(TSXV:ZON) dropped from S&P/TSX Venture Composite Index Zonte Metals Inc.(TSXV:ZON) dropped from S&P/TSX Venture Composite Index Announcement • Jan 23
Zonte Metals Inc. Identifies the Largest Magnetic Anomaly to Date on the Cross Hills IOCG Property Zonte Metals provided the following an update on discovery of a large magnetic airborne anomaly. During the fall of 2020 the company contracted a high-resolution magnetic airborne survey over three areas on its Cross Hills Property. The areas covered in the survey were generally where no exploration has been conducted, and included a northern, central and southern block, spanning nearly 25km along strike. The survey was flown on a 100 meter line spacing. The survey over the central block, which lies between the Big K and K6 targets, discovered a 4 by 2.5km magnetic anomaly, named Nine Mile. The anomaly sits at the juncture of the deep seated Cross Hills Fault and a second truncating fault. Field checking of the anomaly discovered disseminated chalcopyrite in a number of locations, most notably along anomaly periphery. The central portion of the anomaly is composed of intermingled albitites and iron oxide altered units, while the periphery is mainly iron oxide altered units. Announcement • Jan 20
Zonte Reports Results from Initial K7 Drilling and Discovers Large Magnetic Anomaly North of Dunns Mountain Zonte Metals provided the following an update on the initial two drill holes at the K7 target and the discovery of a large magnetic anomaly north of Dunns Mountain. The K7 target is a coincident gravity/magnetic anomaly sitting approximately 13km south of Dunns Mountain and between the K6 and K8 targets. The K7 target was discovered during a gravity survey which identified a large target sitting 130-150m below the surface. Geologically, the target is hosted by an altered porphyritic unit displaying potassic, sodic and calcic alteration. Two drill holes were completed from the same drill pad (668425E, 5290828N) on the eastern end of the target. Both holes interested anomalous copper and silver as well as anomalous rare earth mineralization. CH-20-11 was drilled towards the gravity anomaly, testing the portion of the target closest to surface. This drill hole intersected a 1.05m zone of 0.27% Cu with trace silver as well as two intervals (7.8 and 7.25m) with elevated Zr, Y, Ce and Nd. CH-20-12 intersected a 24m wide pyrite rich zone with anomalous Cu and Ag with the single highest Cu grade at 0.43% Cu and 14.1 g/t Ag over 0.3m. This hole also intersected a 4.8m interval with elevated Zr, Y, Ce and Nd. Both drill holes showed elevated IOCG geochemical signatures, such as Bi as well as abundant fluorite throughout the drill core. Subsequent to the drilling at K7, the company completed a MMI soil sampling survey in the area which identified two Cu anomalies; the first located on the south flank of the gravity anomaly and the second on the western side of the anomaly. Both are of significant size with the larger one up to 750m in length. Of note, soil sampling was hampered by limited quality sampling sites in the area and the anomalies remain open along strike where sampling could not be conducted. In addition, the Company announced the discovery of a large magnetic anomaly, sitting 2km north of Dunns Mountain. Last fall the company complete a large airborne magnetic survey over portions of the property. Field checking through the fall was carried out on a number of anomalies for IOCG signatures. A large 3km by 2.5km magnetic anomaly was discovered about 2km north of the Dunns Mountain target. Time constraints resulted in a very limited prospecting program at the new anomaly, however, on the northern flank of the anomaly two copper showings were discovered. It was also noted that much of the anomaly is under cover and a program of additional prospecting, soil geochem and possible additional geophysics will be conducted. Announcement • Nov 25
Zonte Reports Additional Drill Result from Dunns Mountain, Completes Airborne Survey and A Large Soil Sampling Program Zonte has completed a total of seven drill holes, including five at Dunns Mountain and two at the K7 target. The K7 holes are being assayed and will be released once the data has been received and interpreted. At Dunns Mountain the holes were designed to test various aspects from the geophysical and geochemical dataset. In summary, drilling intersected a significant hydrothermal system, with copper mineralization being intersected in most holes and a 1.75m interval with 268.8 g/t silver. Drill holes CH-20-06 and 07 were collared to test under the high-grade interval discovered in CH-19-04 which intersected 0.43m of 14% copper, 15.0 g/t gold and 352 g/t silver within a wider mineralized zone. CH-20-06 intersected a number of mineralized intervals between 76 and 81m showing copper, gold and silver mineralization, with the highest copper recorded between 76.5 and 76.82m (0.32m) returning 0.91% copper, 17.1 g/t silver and 0.73 g/t gold. The interval between 168.73 and 169.32m (0.54m) returned 0.45% copper, 12.7 g/t silver and 0.15 g/t Au. CH-20-07 was collared to test the possible depth extensions of the mineralization in CH-20-06 and possibly any extension of the high-grade in CH-19-04. This hole, however, deviated significantly off the collar and missed the intended target. This hole did intersect several narrow intervals of anomalous copper. Neither drill hole appears to have conclusively intersected a zone of mineralization similar to the high-grade interval in CH-19-04, hence the orientation of any possible high-grade shoot remains unexplained. CH-20-08 was drilled to test the core of the gravity anomaly sitting over the Dunns Mountain target, which sits under the magnetic anomaly on the eastern side of Dunns. The drill hole intersected several mineralized intervals above the core of the gravity anomaly including between 78.0-80.4m (2.40m) of 0.30% copper and 1.4 g/t silver and trace gold and between 96.35-97.50m (1.50m) of 0.49% copper, 2.5 g/t silver and trace gold. The core of the gravity anomaly was identified as a less fractured more competent rock containing classic IOCG alteration. CH-20-09 was set up north of the gravity core and drilled. This hole did not intersect any notable mineralization, however, hydrothermal alteration was significant. This is the north northerly hole and this portion of the anomaly needs further exploration. CH-20-10 was drilled on the southern side of the magnetic and gravity anomalies, coincident with an Induced Polarization anomaly. The drill hole was successful in intersecting a hydrothermal system characterized by local and widely spaced disseminated and stringer copper mineralization through several intervals including the top 60m and between 118 and 140m. Select samples through these intervals showed anomalous copper, with a 1.75m interval between 119 and 120.75m returning 268.6 g/t silver with trace copper. The high-grade silver appears to be associated with magnetite, which is similar to the high-grade silver intersected in CH-20-03 (0.12m of 2054 g/t silver). This hole shows potential on the southern side of the coincident magnetic and gravity anomalies and the area will be followed up with more exploration. Is New 90 Day High Low • Nov 12
New 90-day high: CA$0.28 The company is up 8.0% from its price of CA$0.26 on 13 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period. 
