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

Zonte Metals Inc. has announced significant exploration progress at its Cross Hills Copper Project in Newfoundland and Labrador, including the discovery of copper and silver mineralization at the N Dunns target and the advancement of nine large-scale Iron Oxide Copper-Gold targets toward drill testing. The company has systematically advanced the project over seven years, transforming it from an early-stage property with limited copper showings into a district-scale IOCG system featuring multiple drill-ready targets.

Recent geophysical surveys, particularly high-resolution gravity data, have identified strong, deep-seated anomalies interpreted as potentially representing mineralized systems. These anomalies display substantial dimensions of up to 3,300 metres in length, 600 metres wide, and 1,000 metres in depth, with several remaining open along strike and at depth. The targets exhibit gravity anomalies ranging from 1 to 5 mGals, with volumes suggestive of significant tonnage potential. Approximately $5 million has been invested to date in systematic exploration, including geophysics, geochemistry, and geological mapping.

The N Dunns target represents a major development, with copper-silver mineralization discovered at surface above a large geophysical anomaly. The target measures up to 3,300 metres in length, 400-600 metres wide, and up to 1,000 metres in thickness, sitting approximately 100 metres below surface. Fieldwork above the anomaly uncovered IOCG-style mineralization in a series of narrow veins ranging from 2-15 cm wide, traceable for up to 150 metres before disappearing under cover. A grab sample from one vein returned assay results of 0.5% copper, 14.3 g/t silver, trace gold with greater than 10% iron content.

This discovery validates the project's IOCG potential and confirms the presence of a fertile, copper-bearing hydrothermal system. The company notes that grab samples are selective by nature and may not be representative of mineralization across the target area, and geophysical survey results remain at an early interpretation stage with no guarantee of mineral discovery. With the new surface copper mineralization spatially located above the target anomaly, N Dunns will now advance to the drill stage, with additional exploration including infill and extensions to both soil and gravity grids.

The Cross Hills Project's progress positions it as a compelling advanced exploration-stage project with scale and geological setting comparable to globally recognized IOCG systems such as Olympic Dam and Prominent Hill in Australia. More information on the Cross Hills Copper Project can be found at https://www.zontemetals.com/projects/cross-hills-copper-property. The discovery comes at a time when global copper demand continues to rise, driven by electrification and renewable energy technologies, making new discoveries increasingly valuable to the mining industry and global supply chains.

Terry Christopher, CEO of Zonte Metals, emphasized that years of exploration and $5 million in investment have delineated a large-scale, copper-fertile hydrothermal system at Cross Hills. The transition to drilling phase represents a critical milestone in testing these targets and potentially unlocking value in this underexplored district. The company's systematic approach to exploration demonstrates the importance of sustained investment and methodical geological work in advancing mineral projects from early-stage prospects to drill-ready targets.