Zinc One Drilling Further Extends High-Grade Zinc Deposit Discovery at Mina Chica Zone, Bongará Zinc Mine Project, Peru
Intersects 39 Metres of 27.4% Zinc
(PresseBox) - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 ? ?Zinc One? or the ?Company?) has further extended the recently discovered high-grade zinc deposit to the west and northwest in the Mina Chica zone of the Bongar
Jim Walchuck, President and CEO of Zinc One commented, ?The results from the Mina Chica zone continue to impress and it has become apparent that Mina Chica will be an important part of the overall growth of the Bongar
Mina Chica Drill Results Highlights:
53 drill holes for 2,370.9 metres have been drilled from 18 platforms (see map in Figure 1.)
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Results from 26 holes were reported previously (see news releases from April 9, April 26, and May 1, 2018)
Significant new intercepts include:
MCH18027 ? 14.8 metres of 28.4% zinc, from surface
MCH18035 ? 39.0 metres of 27.4% zinc, from 23.8 metres drill depth
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True vertical thickness of 27.6 metres from a true vertical depth of 16.8 metres
Intercept is open to the west
MCH18031 and MCH18032 delimit the deposit in the northwest, near which MCH18030 delimits the deposit to the northeast (see map in Figure 1.)
Mineralization at Mina Chica includes zinc oxides, carbonates and silicates hosted by soils, highly-weathered carbonates, and fine- to coarse-grained dolomites.
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Mina Chica is one of three known zones of high-grade, near-surface zinc-oxide mineralization along a 1.4 kilometre mineralized trend that is being tested by this drill program. have been reported. This program was recently completed and the drill rig is now drilling at Mina Grande Centro.
Geology and Discussion of Results
The zinc mineralization at Bongarosted primarily by soils, heavily-weathered fractured and vuggy dolomites, and fine- to coarse-grained dolomites.
Significant results, including drill-hole orientation and total depths for Mina Chica, can be found below in Table 1.
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 at least 20% of the sample batch, to monitor sample preparation and analytical quality.ses.
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 Bongareers who have previously constructed and operated successful mining operations.
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.
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Datum: 23.05.2018 - 04:29 Uhr
Sprache: Deutsch
News-ID 1536294
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