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Zonte identifies nickel, cobalt and gold mineralization at its Wings Point project and provides an update on the Gramalote legal case
Zonte identifies nickel, cobalt and gold mineralization at its Wings Point project and pr...
About this update from Zonte Metals Inc.
[{"type":"text","content":"\n \n \n \n Zonte identifies nickel, cobalt and gold mineralization at its Wings Point project and provides an update on the Gramalote legal case\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSXV: ZON\n \n \n \n \n HALIFAX, NS\n \n ,\n \n Nov. 18, 2021\n \n /CNW/ - Zonte Metals is pleased to provide the following update on the Wings Point Gold Project located in the newly developing Central Gold Belt in\n \n Newfoundland\n \n and\n \n Labrador\n \n .\n \n \n Multi-phase exploration including both rock and soil sampling programs was conducted within a historically underexplored 200 claim block staked approximately one year ago. This exploration resulted in the discovery of three areas of interest. These include nickel, chromium and cobalt in black shales, anomalous gold in quartz float samples and identification of the possible source for a large iron oxide zone.\n \n \n Particular results include a sampling program conducted within a rock quarry within the property which discovered nickel, chromium and cobalt mineralization hosted in black shales. A single sample collected from a silica-carbonate altered zone containing pyrrhotite in black shales and siltstones returned 0.23% Ni, 0.21% Cr and 103 ppm Co. Several other samples collected in the vicinity returned anomalous nickel. Follow up sampling within the altered zone was conducted and samples submitted for analysis with results pending. The altered zone appears restricted to one wall of the quarry and strikes into a covered area. The Company will complete further prospecting and, depending on results, geophysics, along the inferred strike of the zone to define the target more precisely.\n \n \n Prospecting along a trail in the centre of the project discovered several float samples with anomalous gold values including 226, 342 and 482 ppb from samples both with quartz with pyrite mineralization and several samples having altered sediment matrix. Additional float of similar character was observed in the area at the time of sampling and the a...