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Zinc One Reports Drill Results from Mina Grande Centro, Bongará Zinc Mine Project, Peru
31.8 Metres of 28.2% Zinc and 18.0 Metres of 26.2% Zinc
Vancouver, BC – September 06, 2018 - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 – “Zinc One” or the “Company”) is pleased to announce the results from 29 of the 64 holes drilled in the Mina Grande Centro zone, Bongará Zinc Mine project located in north-central Peru. Noteworthy intercepts include 31.8 metres of 28.2% zinc from MGC18012 and 18.0 metres of 26.2% zinc from MGC18023. These holes tested an area of 125 metres by 50 metres along the northeastern edge of a zone previously mined and subsequently remediated. These holes demonstrated that the near-surface zinc mineralization is open to the northeast, as was indicated by historic drilling and exploration pits.
Jim Walchuck, President and CEO of Zinc One commented, “The Mina Grande Centro drill program successfully confirmed the near-surface zinc mineralization that was left behind by previous mining activity and clearly showed that additional high-grade mineralization has yet to be delineated to the northeast. Along with the zinc-oxide deposits at Mina Chica and Mina Grande Sur, we expect Mina Grande Centro to contribute to the overall resource estimate for the project anticipated to be completed during Q4 2018.”
Mina Grande Centro Drill Results Highlights:
Significant new intercepts include:
MGC18012 – 31.8 metres of 28.2% zinc, from 18.0 metres drill depth
True vertical thickness of 22.5 metres from true vertical depth of 12.7 metres
MGC18008 – 15.0 metres of 28.9% zinc, from surface
True vertical thickness of 15.0 metres
MGC18023 – 18.0 metres of 26.2% zinc, from 13.5 metres drill depth
True vertical thickness of 12.7 metres from true vertical depth of 9.5 metres
Mineralization at Mina Grande Centro includes zinc oxides, carbonates and silicates hosted by soils, highly-weathered carbonates, and fine- to coarse-grained dolomites, most of which are brecciated.
Read more at:
https://www.zincone.com/news/2018/zinc-one-reports-drill-results-from-mina-grande-centro-bongara-zinc-mine-project-peru/
I have bought more this week - The Market Share is way too low, and there is such a shortage of Zinc.
All we have to do is wait!!!
Shermann
Zinc One Reports Remaining Drill Results from Mina Grande Sur, Bongará Zinc Mine Project, Peru
Vancouver, BC – August 21, 2018 - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 – "Zinc One" or the "Company") is pleased to announce the results from the last 27 drill holes of the Mina Grande Sur zone, Bongará Zinc Mine project located in north-central Peru. These drill holes are located in the northern sector of Mina Grande Sur. Holes identified as MGS18081 through 95 were drilled along the northern perimeter of mineralization delineating the northern extent of mineralization in the zone. Noteworthy intercepts include 18.0 metres of 36.0% zinc from MGS18077 and 11.5 metres of 32.0% zinc from MGS18080. Overall, 95 holes for a total of 2,328.4 metres have been drilled at Mina Grande Sur.
Read More at:
https://www.zincone.com/news/2018/zinc-one-reports-remaining-drill-results-from-mina-grande-sur-bongara-zinc-mine-project-peru/
Hmmmm These seem to decent meters and pretty rich intercepts.
i am already a long time holder of " Z " , For moths share price dropped , shorter taking place ( see short data.ca , even with good news we're down . The only " good " thing is that I can bring my average down . Z is my biggest investment in my portfolio and I am -40% . Can't understand why people sell @ these levels , that the zinc price is down isn't a reason to sell for me , they even haven't start to produce. last PP was 0,24 , this was a huge succes with dubbel the money that they actually had in mind . This can be huge but we all have to sweat it out .
Zinc One’s Mina Chica zone resource may be ten times larger than expected
Matthew Bohlsen | August 13, 2018
Zinc One Resources Inc. (TSXV: Z) has a key (past producing) asset situated in the mining-friendly jurisdiction of Peru, the world’s 3rd largest producer of Zinc. Encompassing 8,000 hectares, the Bongará Zinc Mine is counted among the world’s highest grade zinc deposits, having produced zinc grades greater than 20 percent, from at or near surface, with recoveries over 90 percent. The mine was in production in 2007/08, then the GFC (no, not Georgia Fried Chicken) and decreasing zinc prices caused the mine to shut down. The previous operator had mined at an average rate of 358 tonnes per day for a total of approximately 25,000 tonnes (55.1 million pounds) of zinc metal in those years. Jim Walchuck, CEO stated: “We don’t know of any other deposit that is out there right now in the world that is mining with these kinds of grades. The Bongará deposit has extreme high zinc grades sitting right at surface. If “translated” to a gold deposit, they will be open pit mining the equivalent of Au 15 g/t. Those kind of grades are rare for underground mining operations and almost unheard of for open pit.”
Read More at:
https://investorintel.com/sectors/gold-silver-base-metals/gold-precious-metals-intel/zinc-ones-mina-chica-zone-resource-may-be-ten-times-larger-than-expected/?utm_source=InvestorIntel+General+Email+List&utm_campaign=0267a37fef-INVESTOR_INTEL_DAILY_RSS&utm_medium=email&utm_term=0_e78262a875-0267a37fef-46124525
Zinc One Reports Additional Drilling Results from Mina Grande Sur, Bongará Zinc Mine Project, Peru
July 31, 2018
33.7 Metres of 24.2% Zinc and 16.5 Metres of 26.5% Zinc
Vancouver, BC - July 31, 2018 - Zinc One Resources Inc. (TSX-V: Z; OTC Markets: ZZZOF; Frankfurt: RH33 - “Zinc One” or the “Company”) is pleased to announce additional results from its drill program at the Mina Grande Sur zone, part of the Bongará Zinc Mine project located in north-central Peru. Drilling in this area of Mina Grande Sur has been focused on the delineation of near-surface, high-grade mineralization. The drill program at Mina Grande Sur comprised 95 holes for 2,328.4 metres, of which results from 18 holes are reported herein. Noteworthy intercepts include 33.7 metres of 24.2% zinc and 16.5 metres of 26.5% zinc. Results from the additional 27 holes are pending and will be reported upon receipt.
Read more at:
https://www.zincone.com/news/2018/zinc-one-reports-additional-drilling-results-from-mina-grande-sur-bongara-zinc-mine-project-peru/
Good Morning Dittak, Sorry I really don't have a clue whats going on with the company. What ever it is it doesn't look too good. Since I posted the PR back on 1-26-2018 $ZZZOF has lost close to 50% of it value. Dilution? People bailing? your guess is as good as mine.
Wish I could help but I haven't invested nor have been following $ZZZOF Give it another 3 months and you might be able to get in at 0.10 at this rate.
Good Luck
What's going on today? Almost 1m traded? Any news?
Anyone out there? Something must be coming. Trading has been suspended on Etrade. Can't buy this morning
There was news yesterday.
Zinc One Reports Additional High-Grade Zinc Results from its Bongara Mine Project, Peru
http://www.otcmarkets.com/stock/ZZZOF/news
ZZZOF Receives Approval of Permit for 124 Drill Platforms on the Bongará Zinc Mine Project
Zinc One Resources (TSXV: Z) (OTC: ZZZOF) (FSE: RH33) this morning said that a permit for 124 drill platforms has been approved by the Peruvian Ministry of Energy and Mines (“MEM”). The drill platforms are intended to serve the purpose of delineating mineral resources at the company’s Bongará Zinc Mine Project in Peru, with drilling anticipated for January 2018. The permit allows for drilling of up to three holes per platform with an average drill depth of approximately 25 metres. The results from this drill program will be utilized in advancing the Bongara Zinc Mine Project toward a Preliminary Economic Assessment (“PEA”). “This is one of the most important milestones we have reached thus far. This permit will allow the Company to drill the areas of known mineralization in the Mina Grande, Mina Chica, and Bongarita sectors and, in conjunction with the results from the ongoing surface and pit sampling, allow us to complete a resource estimate that a PEA can be based on. We are confident that we will be able to confirm the historic resource — 1Mt of 21.6% Measured and Indicated and 0.21Mt of 21.2% Inferred. This is especially significant since the Mina Chica and Bongarita sectors have never been drilled and we believe that our drill program will be able to really define the zinc-rich zones of mineralization on the Mina Chica, Bongarita and Mina Grande sectors of the project,” Zinc One president and CEO James Walchuck stated in the news release.
To view the full press release, visit http://nnw.fm/x2znE
About Zinc One Resources, Inc.
Zinc One is focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions. Zinc One’s key assets are the Bongará Mine and Charlotte-Bongará Zinc-Oxide Projects in north-central Peru. The Bongará Zinc-Oxide Mine Project was in production from 2007 to 2008, but shut down due to the global financial crisis and concurrent decrease in the zinc price. Past production included 20% zinc grades and recoveries over 90% from surface and near-surface nonsulfide zinc mineralization. High-grade nonsulfide zinc mineralization is known to outcrop between the mined area and the Charlotte-Bongará Zinc-Oxide Project, which is nearly six kilometers to the north-northwest and where past drilling intercepted various near-surface zones with high-grade zinc. Zinc One is managed by a proven team of exploration geologists and engineers who have previously constructed and operated successful mining operations. For more information, visit the company’s website at www.ZincOne.com.
ZZZOF Intends to Exploit Hot Market with Bongará Zinc Mine Project
Vancouver, Canada-based Zinc One Resources Inc. (TSXV: Z) (OTC: ZZZOF) (FSE: RH33) remains focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining friendly jurisdictions. The company plans to revive the past-producing Bongará Zinc Mine project in an effort to exploit the global rise in demand as supplies of the metal have fallen. An article discussing this reads: “While in operation, Bongará showed its value, with high zinc grades above 20 percent and recoveries from surface deposits exceeding 90 percent. A neighboring asset is the icing on Zinc One’s cake. Adjacent to the main Bongará site is the Charlotte Bongará Zinc-Oxide Project, which has several at-surface high-grade drill intercepts providing numerous drill targets (i.e. 29.5% zinc across 15.5 meters, 26.1% zinc across 12.5 meters and 29.7% zinc across 11.5 meters), many with blue-sky potential. This is the first time that these two assets have been controlled by a single operator, giving Zinc One a unique opportunity to delineate a substantial high-grade, zinc-oxide resource along a 6-kilometer-long trend (3.7 miles), from which 55.1 million pounds of zinc (358 tonnes per day) have been produced in the past.”
To view the full article, visit http://nnw.fm/Lv6I7
About Zinc One Resources, Inc.
Zinc One is focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions. Zinc One’s key assets are the Bongará Mine and Charlotte-Bongará Zinc-Oxide Projects in north-central Peru. The Bongará Zinc-Oxide Mine Project was in production from 2007 to 2008, but shut down due to the global financial crisis and concurrent decrease in the zinc price. Past production included 20% zinc grades and recoveries over 90% from surface and near-surface nonsulfide zinc mineralization. High-grade nonsulfide zinc mineralization is known to outcrop between the mined area and the Charlotte-Bongará Zinc-Oxide Project, which is nearly six kilometers to the north-northwest and where past drilling intercepted various near-surface zones with high-grade zinc. Zinc One is managed by a proven team of exploration geologists and engineers who have previously constructed and operated successful mining operations. For more information, visit the company’s website at www.ZincOne.com.
ZZZOF Reports Update on Acquisition Agreement with Nubian Resources
Zinc One Resources Inc. (TSXV: Z) (OTC: ZZZOF) (FSE: RH33) announced this morning that Nubian Resources Ltd. (TSXV: NBR) finished its due diligence to purchase the Esquilache silver-lead-zinc project from Zinc One. Under the terms of the letter of intent announced in September, the entry into the definitive purchase agreement was to take place on November 24th, however, due to the additional time needed to complete the due diligence process, the companies have agreed to extend the entry into the definitive purchase agreement to December 22, 2017. Notably, $25,000 has been advanced to Zinc One, which reduces the cash amount owing on closing from $125,000 to $100,000, which will be in addition to common shares and annual advanced Net Smelter Royalty (NSR) payments specified by the letter of intent. Jim Walchuck, President and CEO of Zinc One, stated, “Zinc One is very pleased to complete this agreement that secures some financing for the Company allowing us to focus on our Bongará and Charlotte Bongará Peru projects which are of higher priority for us.”
To view the full press release, visit http://nnw.fm/H1Mng
About Zinc One Resources, Inc.
Zinc One is focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions. Zinc One’s key assets are the Bongará Mine and Charlotte-Bongará Zinc-Oxide Projects in north-central Peru. The Bongará Zinc-Oxide Mine Project was in production from 2007 to 2008, but shut down due to the global financial crisis and concurrent decrease in the zinc price. Past production included 20% zinc grades and recoveries over 90% from surface and near-surface nonsulfide zinc mineralization. High-grade nonsulfide zinc mineralization is known to outcrop between the mined area and the Charlotte-Bongará Zinc-Oxide Project, which is nearly six kilometers to the north-northwest and where past drilling intercepted various near-surface zones with high-grade zinc. Zinc One is managed by a proven team of exploration geologists and engineers who have previously constructed and operated successful mining operations. For more information, visit the company’s website at www.ZincOne.com.
ZZZOF Provides Technical Report on Scotia Property
Zinc One Resources Inc. (TSXV: Z) (OTC: ZZZOF) (FSE: RH33) today announced that its optioned Scotia Property, located in the Skeena Mining Division, British Columbia, is now estimated to contain an inferred resource estimate of 632,000 tonnes grading 7.6% Zinc, 0.74% Lead, 0.11% Cu, 19.75 g/t silver and 0.28 g/t gold (at a NSR US $75 cut/off). Data from holes drilled from 1960 to 1997 were used to complete the estimate. To read the full National Instrument 43-101 Technical Report disclosing the inferred resource estimate, visit www.sedar.com.
To view today’s press release, visit http://nnw.fm/Tq36I
About Zinc One Resources, Inc.
Zinc One is focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions. Zinc One’s key assets are the Bongará Mine and Charlotte-Bongará Zinc-Oxide Projects in north-central Peru. The Bongará Zinc-Oxide Mine Project was in production from 2007 to 2008, but shut down due to the global financial crisis and concurrent decrease in the zinc price. Past production included 20% zinc grades and recoveries over 90% from surface and near-surface nonsulfide zinc mineralization. High-grade nonsulfide zinc mineralization is known to outcrop between the mined area and the Charlotte-Bongará Zinc-Oxide Project, which is nearly six kilometers to the north-northwest and where past drilling intercepted various near-surface zones with high-grade zinc. Zinc One is managed by a proven team of exploration geologists and engineers who have previously constructed and operated successful mining operations. For more information, visit the company’s website at www.ZincOne.com
ZZZOF Intends to Update Historically-Producing Bongará Project
Zinc One Resources Inc.’s (TSX.V: Z) (OTC: ZZZOF) (FSE: RH33) past-producing Bongará Zinc-Oxide Mine Project in Peru spans an area of more than 19,768 acres. The company intends to bring Bongará back into production as world stockpiles of zinc are at multi-year lows. An article discussing this reads: “Zinc One’s objective is to delineate and update the historical resource and then be aggressive in taking the next steps to move the company into a producer generating cash flow. The company is extremely confident that it can match or exceed the historical resource at the Bongará Mine Project. The Company will have years of exploration along a six-kilometer strike length on the Bongará concessions, as well as the prospective Charlotte Bongará concessions. The company anticipates a completed updated resource estimate by Q2 of 2018 with a target of between 1.2 million and 2 million tons of zinc at 20 percent grade followed in short order by a Preliminary Economic Assessment.”
To view the full article, visit http://nnw.fm/ej4Cx
About Zinc One Resources, Inc.
Zinc One is focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions. Zinc One’s key assets are the Bongará Mine and Charlotte-Bongará Zinc-Oxide Projects in north-central Peru. The Bongará Zinc-Oxide Mine Project was in production from 2007 to 2008, but shut down due to the global financial crisis and concurrent decrease in the zinc price. Past production included 20% zinc grades and recoveries over 90% from surface and near-surface nonsulfide zinc mineralization. High-grade nonsulfide zinc mineralization is known to outcrop between the mined area and the Charlotte-Bongará Zinc-Oxide Project, which is nearly six kilometers to the north-northwest and where past drilling intercepted various near-surface zones with high-grade zinc. Zinc One is managed by a proven team of exploration geologists and engineers who have previously constructed and operated successful mining operations. For more information, visit the company’s website at www.ZincOne.com
Backwardation in Zinc Market Signals Strong Demand and Tightening Supplies
NetworkNewsWire Editorial Coverage: Zinc is in a bull market. Over the past two years, global supplies of the metal have fallen by 3-4% while demand has continued to rise. In recent months, the resulting price increases have been accelerating. One-year spot zinc trading at $1,000 per pound in June 2017 is now near $1,500 per pound, according to KITCO data (http://nnw.fm/53yPa). That 50-percent increase has led to a market condition known as backwardation, when spot prices rise above current futures prices. With backwardation signaling strong demand and tightening supplies, proactive miners like Zinc One Resources, Inc. (OTC: ZZZOF) (Z.CA) (Zinc One Profile), Hecla Mining Company (NYSE: HL), Southern Copper Corp. (NYSE: SCCO), Teck Resources (NYSE: TECK) and Vedanta Ltd (NYSE: VEDL) are taking steps to increase output and take advantage of a favorable market.
The recent increases in the spot price of zinc will undoubtedly make shuttered operations look more viable. Respected industry consultants Wood Mackenzie believe the critical issue for the market, in the near to medium term, is the response of the world’s largest producer, Glencore. The world’s No. 1 zinc producer is widely expected to return its major zinc mines to full production, but the timing remains uncertain. For the medium to long term, Wood Mackenzie questions ‘whether the zinc mining industry will be able to develop sufficient new mine capacity to offset scheduled mine closures and the incremental increase in global demand’ (http://nnw.fm/0YUHz). That disquiet is real. Nothing has changed since the International Lead and Zinc Study Group released its Spring 2017 report (http://nnw.fm/yl6VF), which forecast an increase in global demand for refined zinc metal by 2.6% to 14.30 million tons in 2017.
The present supply shortfall hasn’t gone unnoticed by Zinc One Resources (OTC: ZZZOF) (Z.CA), which is focused on the acquisition, exploration and development of prospective and advanced zinc projects. The Vancouver-based company plans to revive the past-producing Bongará Zinc Mine project, which was discovered in 1973 and mined by a previous owner from 2007 to 2008 employing open-pit methods, but it was subsequently shut down due to declining zinc prices.
At that time, the zinc oxide rich mineralized soil was dug up and dried on site and then shipped 540 kilometers (just over 335 miles) westward to the coast where it was processed through a Waelz kiln using a process technology typically applied to recover zinc from flue dust in steel mills. A greater than 60% zinc calcine was captured and subsequently marketed to smelters and refineries in Peru and the United States.
While in operation, Bongará showed its value, with high zinc grades above 20 percent and recoveries from surface deposits exceeding 90 percent. A neighboring asset is the icing on Zinc One’s cake. Adjacent to the main Bongará site is the Charlotte Bongará Zinc-Oxide Project, which has several at-surface high-grade drill intercepts providing numerous drill targets (i.e. 29.5% zinc across 15.5 meters, 26.1% zinc across 12.5 meters and 29.7% zinc across 11.5 meters), many with blue-sky potential. This is the first time that these two assets have been controlled by a single operator, giving Zinc One a unique opportunity to delineate a substantial high-grade, zinc-oxide resource along a 6-kilometer-long trend (3.7 miles), from which 55.1 million pounds of zinc (358 tonnes per day) have been produced in the past. Zinc One also has access to all data and technical work dating back to the 1990s and controls a third zinc prospect located in British Columbia, Canada as part of its portfolio.
Moreover, Peru’s Ministry of Energy and Mines has suspended the closure of the Bongará Zinc Mine, which allows Zinc One to take another important step forward in its plans to reopen production at Bongará by utilizing the current Environmental Impact Assessment attached to the project for current and future permitting (http://nnw.fm/O82uE).
The company recently reported promising results from an ongoing surface sampling program at the Bongará Zinc Mine (http://nnw.fm/82oMy). The highest grades have included a surface channel sample (#38) with 47.73% zinc over 8.1 meters from a dolomite, a surface channel sample (#72) that yielded 25.65% zinc over 19.7 meters from a dolomite breccia, and 32.50% zinc over a 3.8-metre depth from a dolomite breccia in an exploration pit (#425).
Meanwhile, Hecla Mining Company (NYSE: HL), which produces gold, silver lead and zinc, has announced ‘substantial increases in production of all four metals’ in the third quarter ending September 30, 2017 (http://nnw.fm/6iqBs). In particular, production of zinc was 14,498 tons for the third quarter. Hecla, although primarily focused on silver and gold, unearths substantial quantities of zinc ore in its exploration activities. Its Greens Creek and Lucky Friday mines have reported large proven and probable zinc reserves. It is mainly known, however, as a leading, low-cost silver producer with operating silver mines in Alaska (Greens Creek), Idaho (Lucky Friday), and Mexico (San Sebastian) and as a gold producer with an operating mine (Casa Berardi) in Quebec, Canada.
Strangely zinc production was down (by 20%) at the Southern Copper (NYSE: SCCO). As its name indicates, this is a company focused mainly on copper, with operations in Southern Peru and Northern Mexico. It is the world’s largest publicly traded copper mining company and the world’s seventh largest copper mining company. In addition, it produces large quantities of zinc. Reporting for the third quarter 2017, the company said it had produced 19,572 tons of zinc (http://nnw.fm/w6Dk8).
However, Teck (NYSE: TECK), the world’s No. 3 zinc producer continues its reliance on the silvery metal. It has reported that 26% of its gross profit in 2016, before depreciation and amortization, came from zinc. In 2016, Hecla produced 662,000 tons of zinc contained in concentrate and expects to increase that in the near future. At its Red Dog operation in Alaska, the largest zinc pit in the world, a vein of hard-to-refine but zinc-rich rock with ore holding about 24 percent zinc (compared to 14 percent in the pit as a whole) has been discovered.
Vedanta (NYSE: VEDL) has already started to increase output. The company announced (http://nnw.fm/e73IT) that ‘mined metal production at its Indian zinc unit rose 42 percent in the first half, boosted by higher ore production across all its mines.’ The company said its open-pit operations at subsidiary Zinc India reached 452,000 tons for the half-year ended September 30, 2017. This marks a 180 degree turn for Vedanta. It was just two years ago that it closed its Lisheen mine in Ireland. At the time, Lisheen was Europe’s second-largest zinc mine with a capacity of around 175,000 tons. Its closure reduced global supplies by around 1.3 percent.
With zinc prices at a 10-year high, investors are awakening to the growth potential of key industry players. Backwardation in the markets has reinforced that positive outlook, with refiners willing to pay a premium (over future prices) in the spot market to secure supplies. As demand continues to rise in a post-recession world, zinc seems more than likely to maintain its luster.
For more information on Zinc One Resources, visit Zinc One Resources (OTC: ZZZOF) (Z.CA)
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Producers Aim to Address Growing Global Zinc Deficit amid Price Surge, Rising Demand
NetworkNewsWire Editorial Coverage: Zinc is used for various applications in many industries, including construction, oil & gas, power generation, automotive and shipbuilding. It is also used to produce zinc oxide, a constituent of many diverse products including nuclear reactors, solar cells, sunscreen, multivitamins and fertilizer. Fully 50 percent of the world’s zinc is used in galvanizing steel to prevent corrosion, which makes it highly prized by countries engaged in infrastructure development. Amid heightened demand, Mining.com (http://nnw.fm/9jaWx) reports that zinc prices have surged by 78 percent since 2016, have increased 286 percent in the last two years, and currently stand at over $3,200. This remarkable surge has created a deficit in the zinc market, with producers like Canadian-based Zinc One Resources, Inc. (OTC: ZZZOF) (Z.CA) (Zinc One Profile) poised to capitalize on the increased demand for the base metal. Other established zinc producers preparing to take up the slack include Hudbay Minerals, Inc. (NYSE: HBM) (TSX: HBM), Ivanhoe Mines Ltd. (OTCQX: IVPAF) (TSX: IVN), Lundin Mining Corp. (OTC: LUNMF) (TSX: LUN) and Trevali Mining Corp. (OTCQX: TREVF) (TSX: TV).
China is foremost in the drive for improved infrastructure, and zinc demand is likely to continue in line with the demand for structural steel for construction projects. Furthermore, the Trump Administration has announced its intention to spend $1 trillion on upgrading infrastructure in America. As such, industry projections are that China and the United States will contribute significantly to an annual growth in zinc demand of 2.4 percent over the next few years. This growth will follow a decade-long lag in demand, which triggered a corresponding drop in the zinc price. As a result, many companies cut back on production, resulting in the current market deficit.
Investing News reports a prediction from analysts at Bloomberg Markets that supply will continue to trail demand over the coming years (http://nnw.fm/7F1wa), enabling companies like Vancouver-based Zinc One Resources (OTC: ZZZOF) (Z.CA) to capture their share of market opportunity. With a strong focus on the acquisition, exploration and development of advanced zinc assets, Zinc One’s primary projects are located in Peru, the country with the third-highest zinc reserves in the world. Peru has a mature and stable mining industry that provides half of the country’s GDP.
In June 2017, Zinc One acquired Forrester Metals, Inc., and through this the Bongara Mine zinc-oxide project and Charlotte-Bongara Projects. On par with broader industry trends, the Bongara Mine was in full production from 2007 through 2008, but was shut down when the zinc price collapsed in the wake of the global financial crisis. Historical resource data shows a measured indicated and inferred resource of over 1.2 million tons of high grade (20%+), near-surface zinc. With a history of mining on the concessions, Zinc One enjoys positive and productive community relations in the area, which is of significant value for any mining company.
The Bongara Mine’s high-grade zinc mineralization is a rare find, and Zinc One intends to leverage the zinc-rich soil to bring Bongara back into production.
Zinc One in August received approval from Peru’s Ministry of Energy and Mines to suspend the mine closure at the Bongara Mine location, which allows the company to utilize the current Environmental Impact Assessment attached to the project for current and future permitting (http://nnw.fm/mZa3r). This approval allows the company to take another vital step toward its plans to reopen production at the Bongara Mine. Notably, at Bongara, open pit mining can be used to extract the zinc, which can reduce the costs associated with underground mining.
On November 1 the company announced another advancement, publishing positive results from an ongoing surface-sampling program at the Bongarita and Mina Chica areas. The company reported highest grades that include a surface channel sample (#38) with 47.73% zinc over 8.1 meters from a dolomite, a surface channel sample (#72) that yielded 25.65% zinc over 19.7 meters from a dolomite breccia, and 32.50% zinc over a 3.8-metre depth from a dolomite breccia in an exploration pit (#425).
“As expected, the high-grade zinc grades from this current sampling program are very encouraging and augments our opinion that the Bongarita and Mina Chica areas hold significant potential. In particular, these areas have not been drilled and that the base (footwall), outlining the depth extent of mineralization, is not well defined. The upcoming drill program should help to better define the footwall of mineralization as well as better determine the magnitude of mineralization left behind by past mining in the Mina Grande area. Overall, we anticipate that the drill program will better delineate and expand the known mineralization at the Bongara Zinc Mine Project,” Zinc One president and CEO Jim Walchuck stated in the press release announcing the results (http://nnw.fm/lY23V).
Zinc One’s neighboring Charlotte-Bongara Zinc-Oxide Project also shows potential, with multiple at-surface, high-grade drill intercepts providing numerous drill targets.
The Bongara Mine Project mineralization lies on surface with simple metallurgy and greater than 90 percent recovery, as demonstrated in past production. The Charlotte-Bongara Project will require exploration to determine the extent of the mineralization; near-surface drill intercepts conducted over a stretch of 8 kilometers (4.9 miles) at this location by Rio Cristal Zinc in 2008 showed extremely high-grades of 29.5 percent zinc at 15.5 meters, 26.1 percent at 12.5 meters, and 29.7 percent zinc at 11.5 meters.
As it stands, Zinc One is one of the few new zinc focused companies with near-term production potential, allowing the company to occupy a position alongside its large-cap, older peers like Hudbay Minerals (NYSE: HBM) (TSX: HBM). With interests principally in mining operations and exploration, Hudbay focuses on reserves of base and precious metals including copper, zinc, gold and silver. The company operates three mines in the Flin Flon Greenstone Belt in Manitoba, another in southern Peru and is busy with a development project in Arizona. The company has just released its third quarter results for 2017, which show operating cash flow of USD$154 million, an increase of 24 percent over the previous quarter. Copper production for the quarter was over 40,000 tons, with zinc production of almost 37,000 tons.
Ivanhoe Mines (OTCQX: IVPAF) (TSX: IVN) is a mining company that has been operating in sub-Saharan Africa for more than 24 years. Its Kipushi mine, located in the Democratic Republic of Congo (DRC), produces silver, germanium, copper and zinc. The company also has the Kamoa-Kakula copper mine located in Congo’s copper belt. A new exploration project in Kakula West returned Ivanhoe operates the Platreef mine in South Africa that produces both base and precious metals, including copper, nickel, gold and platinum group metals.
Another larger and older peer, Trevali Mining (OTCQX: TREVF) (TSX: TV) has mining interests in the Americas and Africa. Its presence in New Brunswick, Canada extends to the 100 percent owned Caribou Mine in the north of the province, while it also owns the Halfmile and Stratmat concessions of base metal deposits that are under review for potential development. The company also has controlling interests in three other mines; the wholly-owned Santander mine in Peru, a 90 percent share in the Perkoa mine in Burkina Faso and 80 percent ownership of the Rosh Pinah mine in Namibia.
Also enjoying uptrends in zinc is Lundin Mining (OTC: LUNMF) (TSX: LUN), a diversified Canadian-based metals mining company with operations in the United States, Chile, Portugal and Sweden. In addition to its production of zinc, copper and nickel, the company has a 24 percent stake in a cobalt refinery, Freeport Cobalt Coy, located in Kokkola, Finland. For 2019, Lundin provides outlook for zinc production between 152,000-162,000, its same forecast for 2017 (http://nnw.fm/ioaR1).
Zinc is an invaluable base metal and a strategic priority for many industries, and all indications are that the price of zinc will continue to increase over the next few years while producers scale-up their operations in an effort to meet market demands. The sudden surge in the demand for zinc has caught some producers unprepared, but with three c-level managers totaling 100 years of combined mining experience putting projects into production, Zinc One has the resources and expertise to meet demand.
For more information on Zinc One Resources, visit Zinc One Resources (OTC: ZZZOF) (Z.CA)
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The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
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Soaring Zinc Price, Mounting Supply Deficit Create Opportunity for Sector Operators
NetworkNewsWire Editorial Coverage: Zinc supplies are dwindling, and spot prices are soaring. Futures look robust, as well, and, despite a minor pullback toward the end of the week of October 23, there appears to be a stable forward price trajectory for the foreseeable future. As fundamental drivers such as China’s reduced production of mined and refined zinc loom large, the upside for smaller sector participants such as Vancouver-based Zinc One Resources, Inc. (OTC: ZZZOF) (TSX.V: Z) (Zinc One Profile) is now coming sharply into focus, and there is still plenty of upside for other sector players like Vedanta (NYSE: VEDL), Hecla Mining (NYSE: HL), Southern Copper (NYSE: SCCO) and Teck Resources (NYSE: TECK).
According to a recent Technavio report, zinc demand is projected to continue providing upward of 2 to 3 percent CAGR, as it has in preceding years. The report predicts that the global zinc market will bear a hearty 4 percent CAGR through 2021 on the continued strength of vectors such as China’s trillion dollar-plus “One Belt, One Road” infrastructure development initiative, given that more than half of the demand for zinc comes from galvanizing (steel) applications. Zinc on the London Metal Exchange hit a 10-year high of $3,308 per metric ton ($1.50 per pound) in October and hit a nine-and-a-half-year high on the Shanghai Futures Exchange of $4,048 per metric ton. Meanwhile, stockpiles of zinc on both the LME and SHFE are at some of their lowest levels since 2008 and 2009. As of the end of the week of October 23, the cash/three-month LME spread is in significant backwardation, adding further weight to the supply shortage in the spot market. According to the International Lead and Zinc Study Group, the zinc supply shortfall was up 30 percent year-on-year for the first eight months of 2017 alone.
Such factors are what makes a smaller zinc-focused developer like Zinc One Resources (OTC: ZZZOF) (CVE: Z) so interesting, particularly given the company’s direct access to historically proven high-grade zinc-oxide mineralization via its Bongara zinc-oxide mine project in mining-friendly northern Peru’s mineral-rich Amazonas Region, obtained via the acquisition of Forrester Metals in June. In concert with the acquisition, Zinc One Resources closed a fully subscribed $10 million private placement that will fund exploration and development costs at Bongara, and it tapped industry veteran Dr. William “Bill” Williams (PhD, Economic Geology) as its COO.
Williams brings a considerable amount of raw experience to the table, having previously served as president and CEO of gold/copper-focused Orvana (OTC: ORVMF), as well as vice president of the copper/molybdenum-focused private company Phelps Dodge Exploration. And quite the table it is, with a proven management team of exploration geologists and engineers whose top three members have over a century of combined mining experience focused on advancing projects into production. Williams will no doubt be instrumental when it comes to ensuring the short-term and long-term success of the roughly 20,000-acre Bongara mine project and adjacent Charlotte Bongara site, which represents nearly 7,700 additional acres of drill-tested high-grade zinc oxide mineralized land.
Williams is joined by a management team with a track record of raising capital, leveraging an extensive network to identify new projects and negotiate potential acquisitions. Backed by this management team, Zinc One is in a favorable position to execute its business plan to successfully bring its Bongara Mine Project back into production and achieve near-term cash flow. A look at the project’s history emphasizes this potential.
The Bongara Zinc project was discovered in 1974 and was mined in 2007 and 2008 via open-pit operations covering just 37 acres of the massive site. The mine yielded 358 metric tons per day resulting in a 60 to 65 percent zinc end product using a very simple Waelz kiln process before the mine was shuttered in late 2008 due to the slumping market price for zinc. In addition to more recent sampling, this historic record offers a solid indicator that the project’s output can be readily extracted and processed using simple and straightforward techniques. The project has good road access and exceptional community relations with the locals.
Extant sampling and analysis indicates a sizeable zinc-oxide mineralization trend that runs all the way along the Bongara Zinc Mine site for nearly three-quarters of a mile, extending northwest into an additional exploration area (Campo Cielo) where trenching and pit mining have shown similarly high-grade zinc-oxide mineralization. The companion Charlotte Bongara mine site is adjacent to the northwest of Bongara. This is the first time these two projects have been controlled by a single operator, and, post-acquisition, they comprise an exceptional opportunity for Zinc One Resources to delineate a substantial trend of high-grade zinc-oxide that stretches for nearly two-and-a-half miles. The historical resource estimate (PDF) from Forrester on the Bongara project contains additional data and technical work stretching back to the 1990s.
The historical measured and indicated resource for the Bongara project is a hefty 1,007,796 metric tons at a grade of 21.61 percent zinc (plus 209,018 metric tons at 21.18 percent zinc inferred). With over 26,247 feet of drilling having already been completed on the project — including gorgeous intercepts such as 29.5 percent zinc across 50.9 feet, 26.1 percent zinc across 41.0 feet and 29.7 percent zinc across 37.7 feet. It is rare for zinc mineralization grades to be as exceptionally high as they are at Bongara, and the fact that the mineralization is on the surface only enhances the project’s expected economics. Ongoing surface sampling at Bongara recently showed (http://nnw.fm/o3ghQ) even more promising results, including two surface channel samples reading 47.73 percent zinc over 26.6 feet and 25.65 percent zinc over 64.6 feet, as well as an exploration pit sample of 32.50 percent zinc over 12.5 feet.
Such highly prospective and drill-tested geology at a past-producing, low-risk project, based on past production records, makes Zinc One Resources very attractive to investors, particularly because the simple metallurgy and 90-percent-plus prior recovery rates mean that the company could have very little trouble generating cash flow from the project. As one of the only new zinc companies with near-term production potential and a projected mine life estimate at Bongara of a decade or more, the exceptionally high-grade on-surface mineralization at this project will likely be coming online just as the zinc market supply gap peaks. The company expects a three-year production timeline moving forward, with an increased resource estimate by Q2 next year and a PEA by Q3 2018.
Zinc One is one of the few new zinc companies with near-term production potential, placing it among the ranks of mature companies with a deeper history in metals.
Vedanta’s (NYSE: VEDL) share price has been feeling the momentum from rising zinc prices, climbing to just shy of a yearly high at around $21 (October 30 close). Goldman Sachs (NYSE: GS) recently upped its stake in the company by 3.9 percent (to $3.99 million) after JPMorgan Chase (NYSE: JPM) went whole-hog earlier in October, upping its stake by a whopping 5,527.9 percent (to $1.164 million). With around a 72 percent share of the India zinc market under its thumb and occupying the number two slot for global production behind Glencore, Vedanta, which owns a 64.9 percent stake in subsidiary Hindustan Zinc, is well positioned to capitalize on higher zinc prices moving forward.
With four operating mines in North America and a bevy of exploration projects, Hecla Mining (NYSE: HL) is the biggest primary silver producer in the entire region. However, the company’s zinc component is starting to shine as the price rises. The company had around 111,000 tons of zinc in the proven reserves category at the close of 2016, with the lion’s share located at the company’s deep underground Lucky Friday mine in northern Idaho’s Coeur d’Alene Mining District, from which the company ships lead and zinc concentrates up to British Columbia for processing by Teck’s massive smelting and refining complex in Trail.
Teck Resources (NYSE: TECK), a diversified mining, smelting and refining group, is one of the world’s top metallurgical producers of coal and zinc and has been looking more toward zinc as the price of coal continues to sag. The company recently reported record zinc production for the second quarter in a row (102,300 metric tons) at its massive Peruvian copper-zinc mine, Antamina. It also upped the 2017 zinc production guidance for the Red Dog site to as much as 550,000 metric tons, with plans to have shipped one million tons of zinc concentrate as the season ends during the first week of November.
Southern Copper (NYSE: SCCO) has a substantial zinc production footprint in Mexico and continues to see big profits on the strength of rising copper prices, with better-than-expected Q3 earnings and a doubling of net profits compared to the same quarter last year. Zinc sales increased for Southern Copper nearly in proportion to the rise in copper sales for the company during the quarter, with zinc sales 31.4 percent higher than in Q3 2016. That’s an astonishing figure for a company that is better known for copper, and, with a supply deficit in the cards for copper similar to the one in the zinc market, SCCO may just be getting warmed up.
Mounting demand for zinc from markets like China and a supply deficit the likes of which we haven’t seen in a decade spell big things for companies with skin in the zinc game. Zinc One is in an especially unique position as one of the few younger zinc companies with near-term production potential. If successfully placed back into production, the company’s Bongara Mine Project stands to be one of the continent’s highest-grade zinc mines.
For more information on Zinc One Resources please visit: Zinc One Resources Inc. (TSX-V: Z) (OTC: ZZZOF) (FSE: RH33)
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
NetworkNewsWire (NNW)
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DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.
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This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.
ZZZOF Positioned to Exploit Strong Demand for Zinc
Vancouver, Canada-based Zinc One Resources Inc. (TSX.V: Z) (OTC: ZZZOF) (FSE: RH33) is focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining friendly jurisdictions. The company boasts a proven team of exploration geologists and engineers to operate its two key assets, the Bongará Zinc Mine and Charlotte-Bongará Zinc-Oxide Project in north-central Peru. An article discussing this reads: “World stockpiles of zinc are at multiyear lows while demand continues to be strong. In 2016, zinc demand became greater than the available supply for the first time in a decade. Zinc is essential for rustproofing steel and is used in a variety of infrastructures. It’s also used to produce batteries, fertilizers, paints, plastics, cosmetics and multivitamins. The International Zinc Association estimates that zinc could save the world over $300 billion annually in direct corrosion costs and another $300 billion annually in indirect costs. Zinc is an invaluable base metal and a strategic priority for many industries.”
To view the full article, visit http://nnw.fm/p4Cu6
About Zinc One Resources, Inc.
Zinc One is focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions. Zinc One’s key assets are the Bongará Mine and Charlotte-Bongará Zinc-Oxide Projects in north-central Peru. The Bongará Zinc-Oxide Mine Project was in production from 2007 to 2008, but shut down due to the global financial crisis and concurrent decrease in the zinc price. Past production included 20% zinc grades and recoveries over 90% from surface and near-surface nonsulfide zinc mineralization. High-grade nonsulfide zinc mineralization is known to outcrop between the mined area and the Charlotte-Bongará Zinc-Oxide Project, which is nearly six kilometers to the north-northwest and where past drilling intercepted various near-surface zones with high-grade zinc. Zinc One is managed by a proven team of exploration geologists and engineers who have previously constructed and operated successful mining operations. For more information, visit the company’s website at www.ZincOne.com.
ZZZOF is “One to Watch”
- Zinc demand predicted to grow steadily in coming years
- Global stockpiles of zinc are at multiyear lows
- Zinc prices doubled since January 2016, soaring to above $3,000 per tonne
Zinc One Resources Inc. (TSX.V: Z) (OTC: ZZZOF) (FSE: RH33) is a Vancouver, Canada-based company focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining friendly jurisdictions. Zinc One’s key assets are the Bongará Zinc Mine and Charlotte-Bongará Zinc-Oxide Project in north-central Peru. Historical production of the Bongará Mine, which was mined from 2007-2008 until a fall in zinc prices shut it down, revealed greater than 20 percent zinc grades and recoveries over 90 percent, all from surface mining. Bongará’s high grade zinc mineralization is considered a rare situation and one that Zinc One management is poised to explore further. The neighboring Charlotte-Bongará Zinc-Oxide Project has multiple at-surface, high-grade drill intercepts providing numerous drill targets.
Zinc One controls both zinc-oxide mine projects, making it the first time a single operator has been in control of the two locations, giving the company a unique opportunity to delineate a substantial high-grade, zinc-oxide resource along a 4 kilometres-long trend. A previous operator produced 55.1 million pounds of zinc, running at 358 tonnes a day. Zinc One has access to all data and technical work dating back to the 1990s and controls a third zinc prospect located in central Peru as part of its portfolio.
The company has also received approval from Peru’s Ministry of Energy and Mines to suspend the mine closure at the Bongará location, which allows Zinc One to utilize the current Environmental Impact Assessment attached to the project for current and future permitting. This critical approval allows the company to take another important step forward in its plans to reopen production at the Bongará zinc-oxide project. Zinc One’s project locations involve open pit/surface mining, requiring less infrastructure and a much better cost ratio than traditional underground mines.
Zinc One is managed by a proven team of exploration geologists and engineers with extensive experience in constructing and operating successful mining operations. The company’s business strategy includes restarting production at the Bongará Zinc-Oxide Mine with exploration of targets along a 6-kilometer strike as well as exploring the Charlotte Bongará Zinc-Oxide Project.
World stockpiles of zinc are at multiyear lows while demand continues to be strong. In 2016, zinc demand became greater than the available supply for the first time in a decade. Zinc is essential for rustproofing steel and is used in a variety of infrastructures. It’s also used to produce batteries, fertilizers, paints, plastics, cosmetics and multivitamins. The International Zinc Association estimates that zinc could save the world over $300 billion annually in direct corrosion costs and another $300 billion annually in indirect costs. Zinc is an invaluable base metal and a strategic priority for many industries.
For more information, visit the company’s website at www.ZincOne.com
Zinc Producers in Spotlight as Demand Powers Past Supply
NetworkNewsWire Editorial Coverage: The recent shining on lithium has put other battery technologies – such as zinc – in the shadows, even though they have been around for generations. When it comes to disposable batteries, carbon zinc has undoubtedly proven its value, though the technology for a time was less successful when applied to rechargeable batteries. Recharging causes the formation of sharp-edged zinc dendrites that pierce the separation between anode and cathode and cause the battery to short-circuit. However, a team at the Naval Research Laboratory in Washington, D.C., has found a way to avoid dendrite buildup by making the anodes with a sponge-like structure, and zinc carbon is set to enjoy a renaissance. According to the International Lead & Zinc Study Group, the 10 largest zinc companies account for roughly 45% of world total, leaving plenty of room for smaller producers like Zinc One Resources, Inc. (OTC: ZZZOF) (Z.CA) (Zinc One Profile) that are paced alongside large-cap producers: Hudbay Minerals, Inc. (NYSE: HBM) (TSX: HBM), Ivanhoe Mines Ltd. (OTCQX: IVPAF) (TSX: IVN), Lundin Mining Corp. (OTC: LUNMF) (TSX: LUN) and Trevali Mining Corp. (OTCQX: TREVF) (TSX: TV).
In April 2017 the premiere journal of the American Association for the Advancement of Science published a paper written by the U.S. Naval Research Laboratory’s Chemistry Division (http://nnw.fm/J4yZn). An abstract of that research paper is titled “Rechargeable nickel–3D zinc batteries: An energy-dense, safer alternative to lithium-ion” and confidently proclaims that “zinc can compete with lithium.” Furthermore, the journal of the Institute of Electrical and Electronics Engineers (IEEE) muses that, “Zinc Battery Breakthrough Could Mean Safer, Lighter Cars and Smartphones” (http://nnw.fm/hZ5iS).
In 2016, Peru’s zinc production was second only to China’s output. At 25 million tons, the country’s zinc reserves are the world’s third highest, according to the U.S. Geological Survey’s Mineral Commodities Summary for January 2017 (http://nnw.fm/Uq2Kl). Peru is also where Zinc One Resources (OTC: ZZZOF) (Z.CA) is also focused on the exploration and development of prospective and advanced zinc projects. The company has its key assets: the past-producing Bongará Zinc-Oxide Mine Project (Bongará) and the adjoining Charlotte Bongará Zinc Oxide concessions (Charlotte Bongará). The Bongará was in production from 2007 to 2008 but had to close due to declining zinc prices associated with the 2008 financial crisis. The Charlotte Bongará concessions is very prospective and has several at-surface high-grade drill intercepts providing numerous drill targets and great blue-sky exploration potential.
Historical data on the Bongará Zinc-Oxide project – which spans a concession area of more than 19,768 acres – shows, zinc grades above 20 percent and past metallurgical recoveries exceeding 90 percent, placing it in the highest percentile bracket of known zinc deposits.
In August 2017, Zinc One received approval to suspend the mine closure at the former Bongará Zinc-Oxide mine. This was undertaken by Zinc One in order to advance its exploration activity with plans bring the project back into production (http://nnw.fm/8aEw4). The approval of the suspension by the Peru Ministry of Energy and Mines allowed Zinc One to utilize the current Environmental Impact Assessment (EIA) attached to the project to shorten the timeline to obtain current and future permits for exploration.
Zinc One objective is to delineate and update the historical resource and then be aggressive in taking the next steps to move the company into a producer generating cash flow. The company is extremely confident that it can match or exceed the historical resource at the Bongará Mine Project. The Company will have years of exploration along a six-kilometer strike length on the Bongará concessions as well as the prospective Charlotte Bongará concessions. The company anticipates a completed updated resource estimate by Q2 of 2018 with a target of between 1.2 million-2 million tons of zinc at 20 percent grade followed in short order by a Preliminary Economic Assessment.
Zinc One is bringing Bongará back into production at a prime time, as world stockpiles of zinc hover at multi-year lows, outpaced by demand for the first time in a decade. Additionally, zinc prices are currently at their highest levels in 10 years, trading at $3,200.75 as of October 27, 2017.
As Zinc One digs into the rich potential in Peru and the overall appetite for zinc, the company leverages the expertise of a team of well-qualified and experienced exploration geologists and engineers. CEO Walchuck is a mining professional with over 38 years of national and international experience in the minerals industry, including work in North America, Slovakia, the UK, Ghana and Tanzania. From 1999 to 2002, Walchuck was the mining manager for Barrick at the Bulyanhulu Gold Mine in Tanzania where he oversaw the building of a multi-million-ounce, high-grade underground mine.
The other directors have a mix of geological, exploration and finance experience. COO Dr. Bill Williams is an economic geologist with extensive experience in South America and a PhD, Economic Geology from the University of Arizona. He is the former chief executive officer and president of Orvana Minerals Corp. and since leaving that company in 2013, has been a consultant to the mining industry. Prior to joining Orvana Minerals, he was a vice president for Phelps Dodge Exploration. Also on the team is Greg Crowe, who is a professional geologist with more than 35 years of exploration, business and entrepreneurial experience that spans North America, Latin America, Africa and Southeast Asia. Since August 2016, Crowe has served as CEO and president of Silver One Resources Inc., a mineral exploration company with silver projects in the United States and Mexico. Another member, Barry Girling has been active in various aspects of mineral exploration since 1977. He couples his geological understanding with a B.Com. finance degree to provide consulting services to a number of TSX Venture Exchange companies.
Currently valued at USD$36 million, Zinc One is worth keeping an eye on as it participates in an industry led by larger cap producers.
Like Zinc One, Hudbay Minerals (NYSE: HBM) (TSX: HBM) is taking advantage of zinc’s performance and lagging supply. With market valuation of USD$1.9 billion, this Canadian integrated mining company has operations, development properties and exploration activities across the Americas, principally focused on the discovery, production and marketing of base and precious metals. The company produced 110,582 tons of zinc in 2016 and is expecting output of between 125,000 and 150,000 tons in 2017. It has zinc properties in the Flin Flon Greenstone Belt of Manitoba, Canada and copper, gold and silver properties in Canada, Peru and the United States.
Meanwhile, Ivanhoe Mines (OTCQX: IVPAF) (TSX: IVN) has confirmed the new Kakula West discovery in the Democratic Republic of Congo (DRC). Reported assays returned 8.86 meters grading 5.83% copper that included a higher-grade intercept of 6.17 meters grading 6.84% copper. The discovery extended the Kakula along a confirmed strike length of 6.8 kilometers. The company, operating for 24 years in Southern Africa, has three major projects. The Kamoa-Kakula copper mine is located in the Congo’s Central African Copper Belt. The Platreef mine in South Africa’s Bushveld Complex produces platinum group elements, as well as copper, gold and nickel. And in the DRC, the Kipushi mines yields copper, germanium, silver and zinc. Ivanhoe has a market cap over USD$2.5 billion.
Another serious player is USD$5.5 billion Lundin Mining (OTC: LUNMF) (TSX: LUN), which has operations in Chile, Finland, Portugal, Sweden and the USA. A subsidiary, Somincor, mines for copper and zinc at Neves-Corvo in Portugal. And the company has another copper and zinc mine in Stockholm, Sweden.
Also in the game is Trevali Mining (OTCQX: TREVF) (TSX: TV), which is actively producing zinc concentrates from four major properties. The first is its wholly-owned Santander mine in Peru, the second is the wholly-owned Caribou mine in the Bathurst Mining Camp of northern New Brunswick, the third, its 80% owned Rosh Pinah mine in Namibia and the fourth, its 90% owned Perkoa mine in Burkina Faso. Trevali also owns the Halfmile and Stratmat base metal deposits located in New Brunswick, which are currently undergoing a Preliminary Economic Assessment reviewing their potential development. Trevali is valued at $882+ million.
Zinc prices have doubled since January 2016, and while global supplies are at multiyear lows, demand is predicted to grow steadily in upcoming years. With the outlook on zinc in favorable territory, exploration companies and active producers are poised to capture their share of market growth.
For more information on Zinc One Resources, visit Zinc One Resources (OTC: ZZZOF) (Z.CA)
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it's for me a question why there is no movement in the stock . When you look @ the curve , there has to come a break true soon
Any activity on this board? Just took a small position in this. Zinc has a very bring future with dwindling supplies
Hi, I don`t Think pennystocks will go away soon, but who knows in the long run ? We had a nice move upwards on the stock... and it`s early Days.
Good investing all !
There has been talk for years of doing away with the penny. Being that there are over a trillion in circulation and they are 97.5% zinc, wouldn't that destroy the zinc market? I know this is a "what if" scenario and not reality at this time but do you think this is something that should be considered?
TSX-V or OTC ?
Hi, found out some intresting thoughts about the differences, about what WHERE to trade a certain stock.
The instituional Investors and other "big Money" don`t like OTC for various reasons, so they go to the Toronto stockexchange, if they can.
Something to consider, since it`s the major shareholders who have the stronger voice.
Good investing !
Yes, we want results... ! Still, time will tell - is it "to much" promotion, or what ? There is certain facts and there are more speculative predictions - we will see more at august/september, after the drilling program. I reckon they increase the established resource a good deal, then there probably raise more significant intrest in the Company. Have you seen the researchrapport on; www.wealthresearchgroup.com ?
By the end of the year comes a PEA and that is a milestone.
About the promotion part; I Think a resource as zinc is "boring" for many Investors - it`s more exciting to bet on the cannabismarket etc, that is one of the reasons the stock have got Little appreciation, despite all its upsides. Are the investorrelations doing a good job... well, I Think it could be better .
At the end of the day - I for one belive the odds are very good for Zinc One, to have a mine within 2 - 3 years (and that is fast !). Then the stock will be much, much higher... and a possible strong buyout candidate.
Meanwhile, let`s hope it get some more wind in the sails as the technichal charts tells the stock is oversold and reversal will come (see barchart.com) now.
Hi, some additional facts; finding relevant and independent info can be difficult sometimes. My misstake in last comment; it was 167% rise on a 12-month period, not 350%, sorry. The global zinc demand is Rising and supply shortage started last year; this is now about a 4,8% gap in supply/demand chain. And it increases drastically year by year, since there is not coming along enough good zinc deposits in the World.
Meanwhile the additional zinc applications increase; 2 "new" is coming along strong (-er); zinc in fertilizers for agriculture and zinc in battery - US defence don`t want the Ion-cobolt no more, since they are easily overheating and causing fires and explosions. The cobolt is also in bad standing; more then 50% comes from Congo childlabour.
Thx for private messages, happy for public feed-back also. I am long Zinc One, I Think this a strong stock for many reasons, what is your opinion ? Share your thoughts, we learn togheter.
Fellow Investors, this is a no-brainer. Do your own due dilligence - I think you will get excited ! All info I found on this Company is very promising. The zinc prices are going up more and more, 350 % in last year . I´m investing big time and so are the big boys; Keith Neumayer and Associates including some serious value Investors.
We are talking about a top grade mine, maybe the highest zinc-grade in the World... run by great management team and strong finances.
Like many other stocks this year, it has got Little appreciation. However, if you look at fundamentals and top notch deposit, I don`t think either one of us Investors will be disappointed. Especially when you look at the "big Money" who is backing up this fast-forward-to-production team. Strong insider holding is the best sign. Risk/reward ratio very good - actually, I found no weaknesses in this Company.
A real producing gold n silver mine starting zinc production by Dec 2017. 7 cents a share. Check out my latest post on ABMBF.
Just got a promo piece this morning. Will be watching the open!!!
Compare ZZZOf to ABMBF. I billion zinc deposits,mill & 2mines in full production,.07 a share.
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Our New Pick is: ZZZOF
Alert Price: $0.3976
Market Cap: $12.05M
====================
Members,
Today's pick was yet another solid winner for us.
The company gapped up and opened the session at $1.41, then quickly pulled back to $1.36, before finally making its way to the intraday high price of $1.51 for up to +11.03% in realistic profit on extremely heavy trading volume.
When all was said and done, the company closed the session just 4-cents under the high-of-the-day price; leaving us with the inclination that the momentum will carry into tomorrow.
So with that said, we are a perfect 1-for-1 with winners so far this week.
We were also a perfect 1-for-1 with winners last week.
The week prior, we were a perfect 2-for-2 with winners!
...and the week before that, we went a perfect 2-for-2 with winners!
In the last 6¾ months, 52 out of our 61 picks have been winners, producing as much as +2,269.02% in realistic profit!
With an +85.24% success rate over the course of that 6¾-month period, it's no wonder why we are one of the most trusted newsletters in our industry.
Our New Trade Idea:
New innovations in battery technology has both the science world and Wall Street buzzing about the possibilities of what a shift from lithium to zinc could mean.
This is good thing for those who act fast, especially in a market that's already experiencing a dwindled supply...
And because demand for zinc is already through the roof – this added pressure could send this entire industry into a full on shortage!
Those with the foresight to see where this market is heading are looking for the best profit opportunities available in order to take advantage of this coming zinc boom...
But while the mainstream investing world is leafing through the some of the big names with interests in this sector – contrarians are looking for those undiscovered gems that have the real potential to make us huge profits.
We fully believe that we've discovered one of these gems...
About the Company:
Our latest trade idea has so much going for it, so many of the right pieces in play, that baffles the mind as to why they've gone under the radar of most investors.
Immediately turn your attention to ZZZOF (Zinc One Resources, Inc.).
ZZZOF is a Vancouver based company focused on the acquisition, exploration and development of prospective and advanced world class zinc projects in mining friendly jurisdictions.
The company is managed by a proven team of exploration geologists, and engineers having previously constructed and operated successful mining operations.
ZZZOF’s key assets are the past producing Bongará Mine Project and Charlotte Bongará Project in Peru.
The Bongará Mine Project was in production from 2007 to 2008 but shut down due to the global financial crisis and concurrent decrease in the zinc price. Historic resource estimates and past production show greater than 20% zinc grades and recoveries over 90% all from surface.
The neighboring Charlotte Bongará project has multiple at surface high grade drill intercepts providing numerous drill targets and blue sky potential. ZZZOF’s business plan is to generate near term cash flow from restarting production at the Bongará Mine Project with exploration of targets along a four kilometer strike as well as the Charlotte Bongará project.
ZZZOF also has a project nestled in the wilderness of Canada that could not only hold old tons of zinc...
But could also line investors up for gains from one of Bill Gates's and Warren Buffet's favorite resources – silver!
Recent Development(s):
Zinc One Provides Update On Bongará Zinc Project
On May 24, 2017, Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (Frankfurt: RH33) ("Zinc One") provided an update on its exploration program of the former producing Bongará Zinc Mine Project upon the formal closing of its acquisition of Forrester Metals Inc. (see news release dated May 16, 2017).
Planned Drill Program on Bongará Zinc Mine Project
Zinc One intends to commence a resource drill program of up to 300 shallow drill holes, subject to obtaining permits under application with the Ministry. The program plans to implement a tighter drill spacing in the zones of known mineralization as well as test zones on the periphery of the known mineralization. A trenching and pit sampling program will accompany the drill holes to provide further data for a resource estimate. Zinc One intends to have the program completed by year end and, if successful, issue a resource estimate and accompanying National Instrument 43-101 technical report.
Zinc One is fortunate to be able to incorporate previous exploration and engineering data into the aforementioned program. Zinc One will also initiate preliminary key studies to determine the best options for the environmental, mining and metallurgical aspects for the project.
About Bongará Zinc Mine and Charlotte Bongará Zinc Project
This is the first time that both projects have been controlled by a single operator and this offers a unique opportunity to delineate a substantial high-grade, zinc-oxide mineralized zone along a 4 km long trend. The Bongará Zinc Mine zinc-oxide mineralization was discovered in 1974 and since then various companies have completed exploration programs across the area. The mineralization is concentrated along and proximal to a NW-trending anticlinal axis over approximately 2.5 kilometres. From the southeast edge of the project, the Mina Grande, Mina Chica and Bongarita mine areas were subject to sampling from pits and trenches as well as shallow drilling over a distance of approximately 1.2 kilometres. This zinc-oxide mineralization appears to continue to the northwest into an additional exploration area known as Campo Cielo, where additional high grade, zinc-oxide mineralization in historical pits and trenches was encountered.
The adjacent Charlotte Bongará Zinc Project lies approximately 2 kilometres from the Bongará Zinc Mine and was initially explored by Solitario Resources in 1994. Cominco Ltd. later completed five drill holes for 592 metres within the property, two of which encountered near-surface, high-grade, zinc-oxide mineralization. Between 2007 and 2011, Rio Cristal Zinc optioned the project and eventually drilled 95 drill holes for a total of 7,722 metres on the Cristal and Charlita prospects. Some of the Rio Cristal drill results included 29.5% Zn across 15.5 metres, 26.1% Zinc across 12.5 metres, 29.7% Zinc across 11.5 metres (the cited intervals are drill-intercept widths and true widths are unknown). These results warranted further exploration of the Campo Cielo area, the Charlotte Bongará zone and the 4 kilometer strike length between them.
Zinc One Completes Forrester Acquisition and Appoints Chief Operating Officer
On June 2, 2017, Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (Frankfurt: RH33) ("Zinc One or the Company") and Forrester Metals Inc. (TSXV: VEM.H) ("Forrester") announced, further to their news releases on February 1, 2017, March 7, 2017, and May 18, 2017, that Zinc One has received all necessary documents and approvals and completed its acquisition of all the issued and outstanding common shares of Forrester (the "Transaction"). Together with the acquisition, Zinc One recently closed its private placement financing of $10,000,000 (the "Private Placement Financing"). Zinc One is now fully funded to move forward with the exploration and development of the high-grade, zinc-oxide Bongara Mine Project.
Further, Zinc One is pleased to welcome Dr. William "Bill" Williams as its new Chief Operating Officer. Dr. Williams is the former CEO of Forrester and has been a director of Zinc One since May 24th, 2017.
Dr. Williams is an economic geologist with extensive experience in South America. He is the former Chief Executive Officer and President of Orvana Minerals Corp. and since leaving that company in 2013, has been a consultant to the mining industry. Prior to joining Orvana Minerals, he was a Vice President for Phelps Dodge Exploration. He holds a PhD, Economic Geology from the University of Arizona.
Dr. Williams commented, "I am very pleased to join Zinc One and continue the work Forrester has initiated to advance the Bongara Zinc-Oxide Mine Project. It is a great opportunity to be part of the team developing the Bongara Zinc-Oxide Mine Project as I believe its many positive attributes, including the exceptional high-grade zinc at or near the surface, the favorable metallurgy as demonstrated by the previous operation, and a mining-friendly jurisdiction, give this project an edge over many other lower-grade zinc deposits. Over many years, Forrester has developed a solid network in Peru that will continue being instrumental in getting the Bongara Zinc-Oxide Mine Project back in production in the fastest possible manner. Zinc One is now well funded and managed by a group with a wealth of experience in mine design, permitting, construction and operations. In addition, the Company is backed by a succesfull and well-connected group of financial market participants."
James Walchuck, CEO of Zinc One added, "We consider ourselves fortunate to welcome Bill Williams to our team. Over the last few months we have worked closely with Bill and developed a great appreciation for his skill and professionalism. It is a rare occurrence to be able to acquire what I believe is an exceptional project along with a seasoned team already well versed in the project. I look forward to continuing what has been a seamless transition and furthering the high quality work underway in Peru."
Read More...
Market Outlook:
Zinc Prices To Rocket As China And India Scramble For Supplies
If you’re looking for the tightest supply picture on the commodities scene, look no further than one base metal that is set for the biggest bull run of the decade. It’s essential to everything we build on this planet, yet we don’t have enough and the demand surge will be massive.
It’s not one of the metals that have just exited their super-cycle—like lithium or cobalt—behind the single-minded electric vehicle (EV) boom; this is the rock of ages. This is zinc.
It’s used in everything from oil and gas and power-generation, to military equipment, automotive and shipbuilding—and a million other things that we take for granted every day.
China is going through record amounts of zinc, and America plans to spend billions on infrastructure and military defense build-ups mean that zinc—more than at any time in history—is the number one go-to metal.
Zinc will decide the fate of progress. It will define the economic future, and it will even shape the military capabilities of the world’s superpowers.
Already in 2016, zinc smelting demand outpaced mine production, and end use demand outpaced smelting production and mine production combined.
Read More...
Technical Analysis:
ZZZOF closed today's session +0.4% at $0.3976 per share.
According to Yahoo Finance, the company has a market cap of only 30.33M; which means that the entire float available to public for trading is the equivalent of $12.05M (or less).
ZZZOF is currently trading for a 50.91% discount from its 52-week high price of $0.81.
Given the highly optimistic outlook on zinc as of late, we suspect that ZZZOF will return to and through its previous 52-week high for a realistic gain of 100%+ in the near-term.
And remember one last thing...
Zinc-based batteries are outperforming their Lithium-Ion conterparts by a mile!
The portable electronics and electric car industries are humming - by acting now you could be ahead of the curve and on your way to massive profits!
As such, we are urging all of our subscribers to add ZZZOF to their watchlist right now, and be ready to trade tomorrow morning when the clock strikes 9:30am EST.
(*Remember to use a Limit Order to place your trade, followed by a Stop-Loss Order to protect your gains, as well as limit possible losses.)
To learn more about ZZZOF, please visit there website: www.ZincOne.com
Best Regards,
The PennyStock101 Team
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The New Immaculate Trade Announcement:
Zinc One Resources Inc. (ZZZOF)
Current Valuation: $0.3976
This Beastly Trade Alert Could Be Oozing With The Potential To Make Your Day Profitable With Massive Gains Because Of Several Important Indicators!
This Pick Is Trading @ $0.3976, With The Possibility Of Drastic Upward Expansion!
On April 10th Of 2017, (ZZZOF) Hit A 52-Week Low of $0.011! It Is Currently Sitting At $0.3976. With a 52-Week High Of $0.81, There Is Possible Room For Growth! I'm Not Telling You It's Going To Go Back Up To That 52-WH Price, But The Upside Potential From Its Current Valuation Is Considerable! (I am simply showing you history of ZZZOF's past valuation.)
With BULLISH 14-Day and 9-Day RSI's Below 40%, There Are Indicators Abound That This Pick Is Oversold And Looking To Possibly Make Some Moves!
(ZZZOF) Has A Market-Cap of 30.2M!
START YOUR OWN RESEARCH & DUE DILIGENCE ON MY NEW SUPER DUPER PICK (ZZZOF)!
Greetings Friendo!
Right now I'm asking you to turn your full & undivided attention to what I'm bringing to the winners table for Thursday's 6/15 trading session!
Today I'm bringing to the table a BEASTLY ALERT that has several strong indicators that I'll be showing later in this report!
Do Not Waste Another Second & Start Your Research & Due Diligence on (ZZZOF) Urgently!
-------------------
Don't know much about (ZZZOF)? That's fine. Let us help!
Have you ever heard of the element Zinc? I'm sure you have. Its atomic number is 30 on the periodic table. Its symbol is "Zn."
Well, Zinc One Resources Inc, is a zinc mining company with several projects throughout the world. One of the projects, located in Peru, has five separate properties in one of the most richly populated zinc deposits in the known world.
Why is that important? Good question.
Throughout the 90's and early 2000's, zinc battery research took a back seat while lithium-ion batteries took the forefront. Now we are in 2017, and people are looking for alternatives to the heavy, and sometimes explosive lithium-ion based batteries we constantly use today.
"Zinc-based batteries do not pose the same fire risk linked with lithium-ion batteries, and can in principle match or surpass them in terms of specific energy (energy per unit mass), as well as energy density (energy per unit volume). Moreover, zinc is cheap and widely available."
I'm sure everybody has heard of phone batteries combusting by now. With zinc batteries, we are working to fix this problem, and make phones even lighter.
Cars can be made lighter when a zinc battery replaces a lithium-ion based battery. This will help improve gas mileage and fight negative effects from pollution against the environment.
We are probably only scratching the surface of applications a zinc battery can perform, or improve upon already existing batteries.
----------------
Special Report On (ZZZOF)
"Zinc is on a meteoric rise.
More than anything, zinc’s appreciation is due to the fact that so many industries are in need of it – that soon – demand may begin to outpace the supply…
And with the newest administration in the White House – this supply issue could be a lot bigger and come on a lot faster than expected – as there is a renewed push to bring industry back to the United States.
This puts early shareholders in ZZZOF in the perfect position to profit.
Because keep in mind, not only could zinc soon become the “go to” fuel for batteries…
But it’s could also help increase size and yield of crops around the world! Crops that are desperately needed to help feed the almost 1 Billion people who go hungry every day."
Click the button below for the full report on (ZZZOF).
ZZZOF Full REPORT ›
(ZZZOF) Could Seriously Rocket In The Short-Term From Its Current INSANELY UNDERVALUED Price Per Share. This Is Based On Several Different Indicators That Are Now Presenting Monstrous Potential Short-Term Upside!
(Please note the valuation of the stocks mentioned in this report could be or could end up being drastically lower from my initial alerts.)
Here's The Whole Breakdown (READ NOW):
(ZZZOF) Technical Indicators
Currently, (ZZZOF) Has A 14-Day RSI (Relative Strength Index) of 39.76. As It Nears 30.00, (ZZZOF) Is Heading Into OVERSOLD Territory. This Means There Is A Possibility For A Trend Correction As (ZZZOF) Is Seen As Undervalued And Could See A Price Reversal On The Upside! (Barchart.com)
When Using The Fibonnaci Ratio Of 38.2%, We Can See In The Intermediate (31.27%) And Long Term (31.27%) Time Frame Figures, There Is Potential For The Stock To Continue Trading Upwards Toward The Trend Of $0.542. (Stockta.com)
According To Barchart.com, The Raw Stochastic For The Past 3 Date Ranges Recorded Are As Follows:
9-Day: 32.53%
14-Day: 19.71%
20-Day: 17.39%
This Raw Stochastic Trend Tells Us That The Stock Is Bullish And Picking Up Momentum As It Heads Away From Oversold Territory.
(ZZZOF) Hit A Daily High of $0.5510 On May 23rd. A Return To Those Same Recent Levels From The Stock's Current Price Could Bring A Significant Potential Gain To You And Yours (Somewhere In The Ballpark Of +40%)! I'm Not Saying It Will Return To That Level, But Want to Alert You Of ZZZOF's Past Evaluation.
The Current Price Per Share Is Now OVER 100% LOWER Than Its 52-Week High Of $0.810 From Early This Year!
(ZZZOF) Is Also Below Both It's 20 And 50-Day Moving Averages! Its 20-Day MA Is Currently $.4560 While Its 50-Day MA Is $.4712!
Don't Forget To Check Out The Chart Above! Do You See What I See? That's A Serious Influx Of Trading Volume We've Seen On This Bad Boy Over The Past 3 Weeks! (ZZZOF) Is Very, Very Liquid Since Mid-May And Hasn't Missed A Beat Into June!
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This Beastly Trade Alert Could Be Oozing With The Potential To Make Your Day Profitable With Massive Gains Because Of Several Important Indicators!
This Pick Is Trading @ $0.3976, With The Possibility Of Drastic Upward Expansion!
On April 10th Of 2017, (ZZZOF) Hit A 52-Week Low of $0.011! It Is Currently Sitting At $0.3976. With a 52-Week High Of $0.81, There Is Possible Room For Growth! I'm Not Telling You It's Going To Go Back Up To That 52-WH Price, But The Upside Potential From Its Current Valuation Is Considerable! (I am simply showing you history of ZZZOF's past valuation.)
With BULLISH 14-Day and 9-Day RSI's Below 40%, There Are Indicators Abound That This Pick Is Oversold And Looking To Possibly Make Some Moves!
(ZZZOF) Has A Market-Cap of 30.2M!
START YOUR OWN RESEARCH & DUE DILIGENCE ON MY NEW SUPER DUPER PICK (ZZZOF)!
(Please note the valuation of the stocks mentioned in this report could be or could end up being drastically lower from my initial alerts.)
About (ZZZOF)
Zinc One is a Vancouver based company focused on the acquisition, exploration and development of prospective and advanced world class zinc projects. The company believes in the current and future fundamentals of the zinc supply and demand scenario and the continued growing demand for zinc in global industrial uses. We are currently reviewing multiple high quality zinc projects at various stages of development and will continue to seek out and evaluate properties that show promise for development.
(ZZZOF) Projects
Forrester Metals Acquisition: Zinc One Resources Inc. (“Zinc One”) has entered into a binding agreement (the “Agreement”) whereby Zinc One has agreed to acquire all of the issued and outstanding common shares of Forrester Metals Inc. (“Forrester”) and through this will acquire the Bongará zinc-oxide deposit (“Bongará Zinc Mine”) and the adjacent Charlotte Bongará zinc-oxide project (“Charlotte Bongará Project”), subject to a 2% net smelter return royalty. This is the first time that these two projects have been controlled by a single operator and thus offers a unique opportunity to delineate a substantial high-grade, zinc-oxide resource along a 4km-long trend.
Scotia Zinc-Silver Project: The Scotia Zn-Ag Project covers an area of ~1080 hectares in the Skeena Mining Division, ~40km southeast of Prince Rupert in west central British Columbia, Canada.
The Scotia Project hosts a metamorphosed massive sulfide deposit located within the Ecstall Belt of metavolcanic rocks that extends through west-central British Columbia. Resource modeling of the Albere Zone in 2009 established a vertical range of sub-economic to economic grades of mineralization of 95 meters, and a horizontal range of 205 meters.
The high grade “core” area widened to about 30 meters about 190 meters north of the outcropping main showing. The thickest drill intercept in the Albere Zone was 26.7 meters grading 9.0% zinc, 1.2% lead, 21.5 g/t silver and 0.3 g/t gold.
Company Websites:
https://www.zincone.com/
https://twitter.com/zinconeinc
https://facebook.com/zinconeinc
https://www.instagram.com/zinconeinc/
(ZZZOF) Recent "BREAKING" Corporate Development
Zinc One Retains Investor Relations
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2017) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (FSE: RH33) ("Zinc One or the Company") is pleased to announce that it has entered into an investor relations agreement with Neil MacRae whereby Mr. MacRae will provide investor relations services to Zinc One. Mr. MacRae's services will include communicating with members of the financial community, including potential investors and newsletter writers as well as current shareholders to keep them informed and up-to-date on Zinc One's activities.
Mr. MacRae is a mining investor relations professional with over 20 years of experience in investor relations, commodities trading, and corporate development within the global mining industry. Most recently, he has been the Director of Investor Relations for Santacruz Silver Mining Ltd., a silver producer with assets based in Mexico. Prior to Santacruz, Mr. MacRae spent over ten years in a variety of investor relations roles in the mining industry including Farallon Mining, which was a zinc based Mexican mining company that was purchased by Nyrstar. Additionally, he has worked with First Majestic Silver Corp. and NovaGold Resources. Prior to his roles in investor relations, Neil spent approximately ten years with Mitsui & Co. (Canada) Ltd., which is active in the non-ferrous minerals concentrates business globally. He is a graduate of the University of Calgary.
For The Full Article, Click Here.
Zinc One Completes Forrester Acquisition and Appoints Chief Operating Officer
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2017) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (Frankfurt: RH33) ("Zinc One or the Company") and Forrester Metals Inc. (TSXV: VEM.H) ("Forrester") are pleased to announce, further to their news releases on February 1, 2017, March 7, 2017, and May 18, 2017, that Zinc One has received all necessary documents and approvals and completed its acquisition of all the issued and outstanding common shares of Forrester (the "Transaction"). Together with the acquisition, Zinc One recently closed its private placement financing of $10,000,000 (the "Private Placement Financing"). Zinc One is now fully funded to move forward with the exploration and development of the high-grade, zinc-oxide Bongara Mine Project.
Further, Zinc One is pleased to welcome Dr. William "Bill" Williams as its new Chief Operating Officer. Dr. Williams is the former CEO of Forrester and has been a director of Zinc One since May 24th, 2017.
Dr. Williams is an economic geologist with extensive experience in South America. He is the former Chief Executive Officer and President of Orvana Minerals Corp. and since leaving that company in 2013, has been a consultant to the mining industry. Prior to joining Orvana Minerals, he was a Vice President for Phelps Dodge Exploration. He holds a PhD, Economic Geology from the University of Arizona.
Dr. Williams commented, "I am very pleased to join Zinc One and continue the work Forrester has initiated to advance the Bongara Zinc-Oxide Mine Project. It is a great opportunity to be part of the team developing the Bongara Zinc-Oxide Mine Project as I believe its many positive attributes, including the exceptional high-grade zinc at or near the surface, the favorable metallurgy as demonstrated by the previous operation, and a mining-friendly jurisdiction, give this project an edge over many other lower-grade zinc deposits. Over many years, Forrester has developed a solid network in Peru that will continue being instrumental in getting the Bongara Zinc-Oxide Mine Project back in production in the fastest possible manner. Zinc One is now well funded and managed by a group with a wealth of experience in mine design, permitting, construction and operations. In addition, the Company is backed by a succesfull and well-connected group of financial market participants."
James Walchuck, CEO of Zinc One added, "We consider ourselves fortunate to welcome Bill Williams to our team. Over the last few months we have worked closely with Bill and developed a great appreciation for his skill and professionalism. It is a rare occurrence to be able to acquire what I believe is an exceptional project along with a seasoned team already well versed in the project. I look forward to continuing what has been a seamless transition and furthering the high quality work underway in Peru.
For The Full Article, Click Here.
More Sources of Research For (ZZZOF):
https://www.barchart.com/stocks/quotes/ZZZOF/overview
https://www.otcmarkets.com/stock/ZZZOF/quote
https://finance.yahoo.com/quote/ZZZOF?p=ZZZOF
https://arstechnica.com/science/2017/05/a-zinc-battery-that-could-compete-with-your-favorite-rechargeables/
http://spectrum.ieee.org/energywise/transportation/advanced-cars/zincbased-batteries-can-provide-more-energy-safety-than-liion
http://cen.acs.org/articles/95/i18/Zinc-sponge-protects-rechargeable-battery.html
http://www.sciencemag.org/news/2017/04/new-battery-could-save-your-cellphone-going-smoke
https://www.engadget.com/2017/04/27/the-navy-built-rechargeable-batteries-that-wont-explode-on-you/
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Another alert came out. Here we go again!!!!
It sure was!!!
First it was lithium then graphite and now zinc?
Is it really the best material for the latest
battery technology?
Possibly just a pump for this commodity.
Looks like a scam pump n dump to me.
This promo looking like liquidation. They never let them breathe because of the greed!!!
I'm in this morning...
127k shares so far. It's off and running!!!!
That's correct , you can read more @ Futuremoneytrends.com or Geckoresearch.com
I did not know keith Neumeyer was a large share holder,this makes me sleep better! Zink one talked about near the end of vid.
the way it goes now , hope we ever gone be rate in dollar . the people who bought in the first private placement @ 0,20 are selling @ what people bid . As you see they just get around with the private placement @ 0,60 . Where @ 0,61 now . The trust in Z is gone . I just hope the trust come back soon . This is not the way i expected .
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