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Zonte Metals ( (TSE:ZON) ) has issued an announcement.
Zonte Metals Inc. has announced a significant advancement in its Cross Hills Copper Project with the discovery of a fifth large gravity anomaly at the Nine Mile target. This anomaly, characterized by its substantial size and potential for mineralization, enhances Zonte’s exploration prospects and underscores the project’s potential for a fertile copper system. The discovery is strategically positioned within a complex structural zone, which may have facilitated mineralizing fluid pathways, and will be the focus of further exploration efforts as the company aims to advance it to the drill stage.
More about Zonte Metals
Zonte Metals Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is primarily engaged in copper exploration projects, with a significant market focus on its Cross Hills Copper Project in Newfoundland and Labrador.
Average Trading Volume: 51,087
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.53M
Find detailed analytics on ZON stock on TipRanks’ Stock Analysis page.