Zonte Metals Discovers Copper-Silver Mineralization at Cross Hills Project, Advances Nine Drill Targets

Zonte Metals Inc. has reported the discovery of copper and silver mineralization at the N Dunns target within its Cross Hills Copper Project in Newfoundland and Labrador, while advancing nine large-scale Iron Oxide Copper-Gold targets toward drill testing. The company has invested approximately $5 million over seven years to systematically transform the property from early-stage exploration into a district-scale IOCG system with significant mineral potential.

The Cross Hills Copper Project now features nine drill-ready IOCG targets exhibiting strong geophysical anomalies, particularly in high-resolution gravity data. These anomalies display substantial dimensions of up to 3,300 metres in length, 600 metres wide, and 1,000 metres in depth, with many remaining open along strike and at depth. The gravity anomalies range from 1 to 5 mGals, with volumes suggesting significant tonnage potential for future mineral resource development.

The new discovery at the N Dunns target represents a key development in the project's advancement. Recent fieldwork above a large geophysical anomaly uncovered IOCG-style mineralization at surface, with copper-silver mineralization observed in narrow veins measuring 2-15 cm wide and traceable for up to 150 metres. A grab sample from one vein returned assay results of 0.5% copper, 14.3 grams per tonne silver, trace gold, and more than 10% iron. The company cautions that grab samples are selective by nature and may not represent the broader mineralization, and geophysical surveys remain at an early interpretation stage.

Terry Christopher, CEO of Zonte Metals, stated that the discovery validates the project's IOCG potential and confirms the nine drill targets. "With $5 million invested and years of exploration, we have delineated a large-scale, copper-fertile hydrothermal system at Cross Hills," Christopher said. "The discovery of copper and silver mineralization at N Dunns is a key validation of the project's IOCG potential and confirms nine drill targets."

The project's geological setting and scale make it comparable to globally recognized IOCG systems such as Olympic Dam and Prominent Hill in Australia, both major mining operations. This positioning makes Cross Hills attractive to mining companies seeking advanced exploration-stage projects with district-scale potential. More information on the Cross Hills Copper Project can be found at https://www.zontemetals.com/projects/cross-hills-copper-property.

The advancement of these targets comes at a critical time for global copper supply, with increasing demand for the metal driven by electrification and renewable energy technologies. Successful development of the Cross Hills project could contribute to North American copper production, reducing reliance on imports and supporting the transition to cleaner energy sources. The project's location in Newfoundland and Labrador also represents potential economic development for the region, creating opportunities for local employment and infrastructure development if the exploration program progresses to mining operations.