Canvas,
I don't shoot anything but very close fitting round shot in the cannon I made this mold for. Cans full of concrete don't fly very straight and if I am going to drop $10 a round in powder, I want to hit what I'm aiming at. I like the idea of using ball mill iron balls, but they are harder to find than you might think, at least in just the right size. And they are not as cheap, individually, as the zinc balls unless you buy them a few tons at a time. (A ton of roughly 3 pound shot amounts to nearly 700 cannon balls...sort of a storage issue. Even with a light load of 1/4 pound of powder, it would take about 175 pound of powder to shoot away 700 round shot.)
I usually paint these zinc balls with fluorescent orange or yellow paint and, depending on the back stop, can usually recover a good number of them. If they are undamaged, they can be fired again. If they are deformed, I re-cast new round shot out of them.