Zinc One Reports Drill Results from Mina Grande Centro and Mina Grande Norte, Bongará Zinc Mine Project, Peru
37.0 Metres of 31.6% Zinc and 19.5 Metres of 28.0% Zinc
(PresseBox) - - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 ? ?Zinc One? or the ?Company?- http://www.commodity-tv.net/c/search_adv/?v=298394) is pleased to announce the drill results from 16 of the remaining 35 holes in the Mina Grande Centro zone as well as 8 of the 16 holes drilled in the Mina Grande Norte zone, Bongar
At Mina Grande Norte, drilling was focused on the eastern edge of previous mining and west of the high-grade zinc-oxide mineralization established by the earlier pit sampling and historical drilling to the north and east.
Jim Walchuck, President and CEO of Zinc One commented, ?The Mina Grande Norte results are beyond our expectations and we fully expect that this area will make an important contribution to the total project?s resource estimate, which we anticipate will be completed during Q4 2018.
Discussion of Results
Mina Grande Centro and Norte are a part of one of the three zones of high-grade, near-surface zinc-oxide mineralization along a 1.4 kilometre mineralized trend that was tested by this drill program, which consisted of 264 holes for 7,930 metres. Assay results from the remaining drill holes at Mina Grande Centro and Norte will be released in the coming weeks.
The zinc grades from Mina Grande Norte drill holes reported herein are a testament to the untested potential in and around known mineralization. Earlier pit sampling did not establish the base of mineralization and these drill holes demonstrated extraordinary grades over extraordinary thicknesses of up to 30 vertical metres.
Mina Grande Centro drill holes reported to date have delineated the high-grade, near-surface, zinc-oxide mineralization to the south and southwest.ted to the north and northwest.
Currently, an application to delineate the mineralization encountered by this overall drill program as well as explore the untested area is being reviewed by the Ministry of Mines.
The results from drill holes MGC18031 through 046 at Mina Grande Centro can be found below in Table 1.www.zincone.com.
The results from drill holes MGN18001 through 008 at Mina Grande Norte can be found below in Table 2.www.zincone.com.
Project Geology
The zinc mineralization at the Bongar
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, if soil or 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.
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 NI 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. 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 Bongarly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except 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: 10.10.2018 - 06:42 Uhr
Sprache: Deutsch
News-ID 1542396
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