Zonte has completed a total of seven drill holes, including five at
The K7 holes are being assayed and will be released once the data has been received and interpreted.
At
Drill holes CH-20-06 and 07 were collared to test under the high-grade interval discovered in CH-19-04 which intersected 0.43m of 14% copper, 15.0 g/t gold and 352 g/t silver within a wider mineralized zone. CH-20-06 intersected a number of mineralized intervals between 76 and 81m showing copper, gold and silver mineralization, with the highest copper recorded between 76.5 and 76.82m (0.32m) returning 0.91% copper, 17.1 g/t silver and 0.73 g/t gold. The interval between 168.73 and 169.32m (0.54m) returned 0.45% copper, 12.7 g/t silver and 0.15 g/t Au. CH-20-07 was collared to test the possible depth extensions of the mineralization in CH-20-06 and possibly any extension of the high-grade in CH-19-04. This hole, however, deviated significantly off the collar and missed the intended target. This hole did intersect several narrow intervals of anomalous copper.
CH-20-08 was drilled to test the core of the gravity anomaly sitting over the
CH-20-09 was set up north of the gravity core and drilled. This hole did not intersect any notable mineralization, however, hydrothermal alteration was significant. This is the north northerly hole and this portion of the anomaly needs further exploration.
CH-20-10 was drilled on the southern side of the magnetic and gravity anomalies, coincident with an Induced Polarization anomaly. The drill hole was successful in intersecting a hydrothermal system characterized by local and widely spaced disseminated and stringer copper mineralization through several intervals including the top 60m and between 118 and 140m. Select samples through these intervals showed anomalous copper, with a 1.75m interval between 119 and 120.75m returning 268.6 g/t silver with trace copper. The high-grade silver appears to be associated with magnetite, which is similar to the high-grade silver intersected in CH-20-03 (0.12m of 2054 g/t silver). This hole shows potential on the southern side of the coincident magnetic and gravity anomalies and the area will be followed up with more exploration.
The Company is pleased to announce it has contracted and completed a high-resolution magnetic airborne survey over three large areas of the mineral concession. The airborne survey has identified numerous areas of interest and the Company has started a systematic ground checking program of the anomalies. Additional information will be released as the targets are examined and determined to warrant further exploration. In addition, the Company has initiated a large soil sampling program which will cover numerous targets to assist in drilling.
The Company acknowledges the
Rock and Protocol and Drill Sampling Protocol
All drill core was logged and prepared for shipment on site and shipped to Eastern Analytical in
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