BEDFORD, NS, Feb. 8, 2012 /CNW/ - Zonte Metals Inc. (TSXV: ZON) (the
"Corporation" or "Zonte") is pleased to provide an update on the Wings
Point project including trenching in the Pit Target area and
exploration throughout the project.
Zonte has completed its field exploration season at Wings Point which
continued up to the end of the year due to light snow conditions. A
potential analytical issue was identified early last fall, from a
sample submission by a third party property owner, which resulted in
the Corporation delaying sample submission for assay, although
exploration did continue. After recalling all the samples from the lab,
select samples were split and sent to two different labs with internal
duplicates and international rock standards. The rechecked samples from
the two labs confirmed our previous assays and thus no analytical issue
was detected. Sample submission for assay continued after this delay.
Pit Target Area
Last year the Corporation identified through an Induced Polarization and
Magnetic ground survey a number of geophysical targets coincident with
gold mineralization exposed in an operating gravel pit. The main two
targets are called the Eastern and Western Geophysical Targets, while
numerous other anomalies were also identified, but due to cover little
was known. The geophysical signatures for the two main targets are the
strongest below the surface with gold mineralization in various units
above or adjacent to the anomalies. The mineralization at surface is
believed to be controlled through porous or fracture zones and sourced
from below. The trenching program was carried out to determine if
areas above or near the anomalies show alteration characteristic of the
known surface gold zones. Although the trenching program was hampered
by thick gravels, the trenches that were completed did confirm the
alteration characteristics as seen in the known mineralized units. One
trench completed on a target, which is sandwiched between the Eastern
and Western Anomalies, show 17 metres of anomalous gold mineralization
in altered and mineralized sediments. A summary of the trenching
Several trenches were attempted on the Eastern Anomaly with one trench
on L1400 failing to reach bedrock due to the thickness of the gravels,
which were 6 - 7 metres. A trench on L1000 was completed to bedrock
and although the geophysical anomaly sits about 10 - 15 metres below
the surface, samples collected did show sericite alteration with minor
quartz veinlets in sediments. Mineralization in the pit area, to date,
is mainly characterized as altered sediments hosting veinlets and
disseminated pyrite and arsenopyrite mineralization.
As with the Eastern Anomaly, several attempted trenches over the Western
Geophysical Anomaly failed to reach bedrock, however, the ones that did
reach bedrock showed characteristic alteration and veinlets in
sediments sitting above the geophysical anomaly. One trench completed
on L800 exposed about 6 - 7 metres of gravel with a clay unit at the
bottom depth limits of the track hoe. This thickness of gravel at this
location was unexpected and may suggest the Western Anomaly is sitting
in a structural zone. This observation is supported by a nearly 150
metre long wall with slickensides exposed just to the south west of
this location, and believed to represent the north limit of the Western
Anomaly at that location. Previous sampling on L800 where the
Corporation obtained grades up to 6.72 g/t gold appears to occur on the
southern side of the geophysical anomaly and possibly is the southern
expression of the possible structural zone.
As previously noted, soil sampling over the geophysical grid identified
a third anomaly in the Pit Target area based on elevated
arsenic-in-soils. This anomaly sits adjacent to and on the shoulder of
the Eastern Geophysical Anomaly. Several samples in a trench over this
anomaly on L1200 returned slightly anomalous gold and arsenic with gold
about 0.1 g/t and arsenic assaying 477 and 677 ppm arsenic. The rocks
through this trench displayed slightly spotty sericite alteration.
Previous rock sampling within the limits of this anomaly has shown
associated gold mineralization in bedrock. This anomaly runs along the
access road to the Pit Target area and samples taken from rock exposed
in the ditch along this road have assayed up to 0.68 g/t gold.
A number of trenches were completed on several other geophysical
anomalies and most showed they were related to bedrock changes versus
any mineralization and alteration. One exception was a trench completed
between the Eastern and Western Geophysical anomalies on L1200, which
tested a chargeability high about 50 metres wide. The trench exposed 17
metres of bedrock and thirteen chip samples were taken from the length
of the exposed bedrock which averaged 0.33 g/t gold. The rock was
mainly altered slightly graphitic black shale with minor quartz
veinlets carrying disseminated arsenopyrite and pyrite. A quartz vein
was sampled in this trench and it assayed the lowest with a value of
0.01 g/t gold, which is included in the averaged grade across the
trench. The single highest assay was from the southern end of the
trench which assayed 0.87 g/t gold. The alteration and mineralization
is open at both ends of the trench. Just 90 metres to the north-north
east two rock samples previously collected by the Corporation assayed
0.42 and 0.81 g/t gold. It is unclear at this time if these previously
sampled rocks are part of this new anomaly or associated with the
Western Geophysical Anomaly.
On L1600, at the northwestern end of the line a trench was completed to
test chargeability high. Bedrock sampling from this trench did not show
any mineralization and did not return any gold, however, a boulder
sitting at the bedrock - till interface did return 1.31 g/t gold with
4808 ppm arsenic. A grab sample taken at a previously sampled outcrop
not far from this trench assayed 2.26 g/t gold with 12,910 ppm arsenic.
It is unclear the relationship of the bedrock mineralization to the
geophysical data at this time.
About a kilometre southeast of the pit a trench was completed on the
"Third Geophysical Anomaly". This anomaly was characterized by a high
chargeability. The anomaly was explained by the disseminated pyrite and
pyrrhotite in altered sediments; however, no gold values of any
significance were recorded.
Terry Christopher comments that "Based on the trenching results and the
difficulty reaching bedrock or due to the fact the anomalies are
sub-surface it is unclear if any additional surface work would further
assist defining the drill targets. The single trench lying between the
Eastern and Western Geophysical Targets shows anomalous gold associated
with it, and being close in proximity to both the Western and Eastern
Targets it is an additional target that will need to be drilled. A
number of geophysical anomalies outside the pit area still need
additional work to determine if they are bedrock or alteration and
mineralization related, however, additional surface characterization
will most likely be carried out after the main targets have been
drilled and the relationship between the geophysical data and
mineralization has been better established."
Exploration throughout the Wings Point Project
Data from in excess of fifty historic assessment reports was compiled
and used to guide exploration throughout the project this past season.
The Corporation has been targeting different areas based on historic
data, which has been successful as it led to the discovery of the 4.5
NW Target, for example. A number of areas identified from the historic
data have been followed up with a cursory pass while other target areas
remain unexplored and will be examined this coming field season.
At the 4.5 NW Target additional soil lines have been completed and the
data will be released once it has been issued from the lab and
compiled. Prospecting in this area has been difficult due to the
vegetation cover and thus exploration will focus on soil sampling.
The Pit Target area lies just east of a fault structure which has a
length of about 10 km. Approximately, six kilometres southwest of the
Pit Target, and adjacent to this fault structure, the Corporation has
identified an area with wide spread alteration and spotty
mineralization sitting in a gabbro body. Soil and rock sampling in this
area shows elevated arsenic values with inconsistent anomalous gold.
Additional work is needed in this area and along the fault structure to
the Pit area.
At the southwest corner of the Project, and exposed along a newly
constructed forest access road a series of siliceous, altered and
sulphide containing units were discovered and sampled. Sampling to date
has not provided any gold values of any significance; however, the
Corporation is still waiting on an additional batch of assay data.
Assaying and QA/QC
All samples are submitted to Accurassay Laboratories in Thunder Bay,
Ontario and analyzed for Au via 30 g fire assay and a 33 element suite
via an aqua regia digestion with an ICP-OES finish. Quality control
checks include random insertion of international rock standards and
Zonte Metals Inc. is a junior explorer focused on gold. Our model is to
find projects with large scale potential and to that end the
Corporation is actively reviewing and completing field due diligence on
projects in the USA, Africa and South America.
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
There can be no assurance that the exploration program will identify any
priority targets. The actual results and future events could differ
materially from those anticipated in this news release. The time frames
identified to work programs and other activities may vary significantly
from actual completion of the proposed work programs.
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.
This news release has been reviewed and approved by Dean Fraser, P.Geol,
and a "qualified person" under National Instrument 43-101.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy of accuracy of this release.
SOURCE ZONTE METALS INC.
For further information:
CEO and President
408 - 1550 Bedford Highway,
Tel: (902) 405-3520