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Zonte Metals ( (TSE:ZON) ) just unveiled an update.
Zonte Metals Inc. has discovered a large gravity anomaly at the N Dunns target and expanded the Dunns Mountain gravity anomaly at its Cross Hills Copper Project in Newfoundland and Labrador. The N Dunns gravity target, which coincides with copper-in-soils, measures 3300m in length, up to 650m wide, and up to 1000m deep, while the Dunns Mountain anomaly has been extended north by 600m. These findings suggest potential for further exploration and drilling, which could impact the company’s operations and industry positioning, although the results are still at an early stage of interpretation.
More about Zonte Metals
Zonte Metals Inc. is a junior explorer focused on gold and copper, owning 100% of the MJ project in the Yukon Territory and the Cross Hills Copper project in Newfoundland and Labrador. The company also has a 25% interest in Project X in Colombia, where it is involved in legal action to protect its rights over a contested title.
Average Trading Volume: 38,583
Technical Sentiment Signal: Sell
Current Market Cap: C$3.64M
See more data about ZON stock on TipRanks’ Stock Analysis page.