Thursday, September 06, 2018 10:03:29 AM
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/
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