Zonte Metals provided the following update on the Wings Point Gold Project located in the newly developing Central Gold Belt in Newfoundland and Labrador. Multi-phase exploration including both rock and soil sampling programs was conducted within a historically underexplored 200 claim block staked approximately one year ago. This exploration resulted in the discovery of three areas of interest. These include nickel, chromium and cobalt in black shales, anomalous gold in quartz float samples and identification of the possible source for a large iron oxide zone. Particular results include a sampling program conducted within a rock quarry within the property which discovered nickel, chromium and cobalt mineralization hosted in black shales. A single sample collected from a silica-carbonate altered zone containing pyrrhotite in black shales and siltstones returned 0.23% Ni, 0.21% Cr and 103 ppm Co. Several other samples collected in the vicinity returned anomalous nickel. Follow up sampling within the altered zone was conducted and samples submitted for analysis with results pending. The altered zone appears restricted to one wall of the quarry and strikes into a covered area. The Company will complete further prospecting and, depending on results, geophysics, along the inferred strike of the zone to define the target more precisely. Prospecting along a trail in the centre of the project discovered several float samples with anomalous gold values including 226, 342 and 482 ppb from samples both with quartz with pyrite mineralization and several samples having altered sediment matrix. Additional float of similar character was observed in the area at the time of sampling and the area will be further prospected to vector in on a possible bedrock source. A gossan with a length of over 200m was prospected and sampled on multiple occasions. Examination of the gossan suggested it was a chemical precipitate, not a sulphide derived gossan. The geometry and physical nature of the iron oxide suggested it originates at the base of a small hill. To determine the source of the gossan several small test pits were hand dug from the gossan to the top of the hill. These holes identified a water seep or recharge zone on the lower portion of the hill. It was concluded that the gossan was formed by deposition of iron from recharging groundwater whereby iron leached from the subsurface by groundwater is chemically deposited at the surface due to changing redox conditions. Samples taken from the iron oxide within the gossan returned +10% Iron (overlimits not completed) as well as 0.10% Zn in a single sample. Elevated Zn was noted in several soil samples collected in the immediate vicinity of the iron oxide zone. The extensive nature of the iron oxide suggests a large iron source and possibly a mineralized sulphide target at depth. Additional prospecting and Induced Polarization surveys are being considered to help delineate any such a sulphide target in the subsurface. Note the surface sampling results are from select grab samples and not representative of the property as a whole.