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Zonte starts follow-up drill program on the K6 target on the Cross Hills Copper Project and Grants Stock Options
(TheNewswire) Halifax, NS, Canada – TheNewswire - July 8, 2024 ( TSX...
About this update from Zonte Metals Inc.
[{"type":"text","content":"Zonte starts follow-up drill program on the K6 target on the Cross Hills Copper Project and Grants Stock Options\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Halifax, NS, Canada –\n \n \n TheNewswire -\n \n \n July 8, 2024\n \n \n (\n \n \n TSXV: ZON\n \n \n ) -\n \n \n Zonte is pleased to announce that drilling at the K6 target\non the Cross Hills Copper\n \n \n project has\ncommenced. Zonte completed a drill program on the K6 target in late\n2023 with the results released on Feb 28, 2024. That drill program was\nthe first on the project since 2020. Since then, the Company has\nconducted additional multi-faceted exploration to aid in better\nunderstanding the mineralizing system. The Fall 2023 K6 drilling\ndemonstrated that the integration of  the new exploration data with\nthe initial datasets has provided a better understanding of the\nmineralizing system. All drill holes from the Fall 2023 program\nintersected copper mineralization with 11.2m averaging 0.42% Cu in the\ndeepest drill hole, suggesting possible increasing grades with depth.\nThe Summer 2024 drilling program aims to test extensions of this\nmineralization along strike and to depth. A plan map of the Fall 2023\ndrill program is provided below.\n \n \n \n \n The Cross Hills Copper Project is an IOCG system with\n12 identified targets across its 25 km extent, K6 being the smallest.\nThese targets are defined by coincident geological, geophysical, and\ngeochemical data. Depending on the results from the current phase of\nK6 drilling, further drilling will continue at K6, and additional\ntargets will be prepared for drilling using the same advanced\nexploration methods that led to the copper discovery at K6. Many\ntargets have undergone advanced exploration and can be quickly\nadvanced to the drill stage.\n \n \n \n \n Additional information on the Cross Hills Copper\nProject can be found at\nhttps://www.zontemetals.com/projects/cross-hills-copper-property\n \n \n \n \n The Company also announces it has granted incentive\nstock options to qualified participants to purchase an aggregate of up\nto 4.5 million common shares pursuant to the Company’s rolling stock\noption plan. The option grant included the issue of 3.1 million\noptions to Officers and Directors of the Company and 1.4 million\noptions to consultants of the Co...