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The two residual gravity anomalies discovered at the K10 target are coincident with the previously discovered copper-in-bedrock and copper-in-soil anomalies. The K10 target area has only been partially covered with ground magnetic surveys, however, where completed the K10N is coincident with magnetic highs while the K10S target is coincident with a change in the magnetic signature, where the signature changes from strong to moderate. This magnetic signature change may be related to magnetic destruction caused by hydrothermal alteration that could signify sulphide precipitation. Images of the K10 residual gravity anomalies can be found below and at the Company’s webpage where a more detailed project presentation is posted https://www.zontemetals.com/projects/cross-hills-copper-property
The K10 anomalies are located within a larger 4 by 6 km area that hosts numerous targets including K6, K6S, K7, K8 and K9 targets. The Company is continuing to advance these targets as it works to better define the newly discovered K6S target for drilling. Results dependent, both K6 and K6S will be drilled in the same upcoming drill program. The K6 drill permit is in hand. Sampling over the new K6S target is completed and the Company is awaiting results.
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Figure 1. The newly discovered gravity anomalies with copper in rocks and soils and the magnetic anomaly at the K10 target.
Figure 2. Plot of the 3D residual gravity anomalies at K10 target area.
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This news release contains forward-looking statements which include statements regarding the Corporation’s future plans, as well as statements regarding financial and business prospects and the Corporation’s future plans, objectives or economic performance and financial outlooks. The Corporation believes that the expectations reflected in this news release are reasonable but actual results may be affected by a variety of variables and may be materially different from the results or events predicted in the forward-looking statements. Readers are therefore cautioned not to place undue reliance on these forward-looking statements. In evaluating forward-looking statements readers should consider the risk factors which could cause actual results or events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are made as of the date hereof, and unless otherwise required by applicable securities laws, the Corporation does not intend nor does it undertake any obligation to update or revise any forward-looking statements. Neither the
For further information contact:
CEO and President
902-405-3520
info@zontemetals.com
www.zontemetals.com
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