Zinc One Reports High-Grade Zinc Results from 2018 Drill Program at its Bongará Mine Project, Peru

Over 9 Metres of 43.6% Zinc at Mina Grande Sur Over 7 Metres of 25.3% Zinc at Bongarita

ID: 1534320
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Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 ? ?Zinc One? or the ?Company? - https://www.youtube.com/watch?v=4D9jgUm6sGA&t=6s ) has received the first drill results from the previously announced drill program at its Bongar information towards advancement of the project going forward.

Initial Drill Results Highlights:

  • A total of 542.9 metres completed from 33 holes (11 platforms x 3 holes each) and results for 11 drill holes reported herein.
  • Mineralization at Mina Grande Sur includes zinc oxides, carbonates and silicates.
  • [1]Significant intercepts include:
    • MGS18001 ? 5.5 metres of 26.1% zinc, starting at 3.0 metres drill depth
    • MGS18003 ? 4 metres of 32.5% zinc, starting at surface
    • MGS18003 ? 15 metres of 21.5% zinc, starting at 15.0 metres drill depth
    • MGS18004 ? 9.1 metres of 43.6% zinc, starting at surface
    • MGS18006 ? 14.1 metres of 32.8% zinc, starting at surface

Bongarita

  • A total of 587.2 metres completed from 36 holes (12 platforms x 3 three holes each) in an area approximately 100 metres x 150 metres and results from 13 drill holes are reported herein.
  • Mineralization at Bongarita includes zinc silicates hosted exclusively by soils.
  • 1Significant intercepts include:
    • BO18005 - 11.5 metres of 16.0% zinc, starting at surface
    • BO18005 ? 5.7 metres of 29.2% zinc, starting at 5.8 metres drill depth
    • BO18007 ? 7.0 metres of 25.3% zinc, starting at surface

Jim Walchuck, President and CEO of Zinc One commented, ?The results of the drill program at Bongardone at Bongarita and the results we have received thus far have been very encouraging.

The results from the program will also contribute to the upcoming resource estimate and PEA planned for 2018.

Geology and Discussion of Results

The zinc mineralization at Bongar previous press release, are the primary zinc minerals that are hosted primarily by heavily-weathered fractured dolomites and dolomite breccias. At Bongarita specifically, mineralization is exclusively hosted by soils. Overall, the mineralization is focused along the axis of a doubly-plunging anticline as well as within the eastern flank of the anticline.

Significant results, including drill-hole orientation and total depths for Mina Grande Sur and Bongarita can be found below in Tables 1 and 2, respectively.

Figure 1.Bongar

https://zincone.com/projects/bongara-project/drill-program/

Figure 2.Bongar

https://zincone.com/projects/bongara-project/drill-program/

Sampling and Analytical Protocols

Zinc One follows a systematic and rigorous Quality Control/Quality Assurance program overseen by Dr. Bill Williams, COO and Director of Zinc One.

The sample from each core run is placed in a 60 centimetre long, plastic core box that has five columns.<2 metres, are chosen. Each core box is photographed and then sampled with a spatula (soil and heavily-weathered rock) or cut with a core saw, 50% of which is placed in a sample bag and stored on site in a secure location. The Company independently inserts certified control standards, blanks, and duplicates, all of which comprise approximately 30% of the sample batch, to monitor sample preparation and analytical quality.

Qualified Person

The technical content of this news release has been reviewed, verified and approved by Dr. Bill Williams, COO and Director of Zinc One, a qualified person as defined by National Instrument 43-101.

About Zinc One Resources Inc.

Zinc One is focused on the exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions.tion included >20% zinc grades and recoveries over 90% from surface and near-surface zinc-oxide mineralization. High-grade, zinc-oxide mineralization is known to outcrop between the mined area and the Charlotte Bongar

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management?s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Zinc One cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Zinc One?s limited operating history, its proposed exploration and development activities on the Bongar as required under applicable securities legislation, Zinc One does not undertake to publicly update or revise forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

[1] Given that the strike and dip of the mineralization is not known, the intercepts do not necessarily represent true thicknesses; moreover, long intercepts, e.g., MGS18-003, most likely drilled subparallel to the dip of the tabular mineralized body.





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Date: 03/29/2018 - 02:01
Language: English
News-ID 1534320
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