NetworkNewsBreaks – Zinc One Resources Inc. (TSXV: Z) (OTC: ZZZOF) (FSE: RH33) Intends to Exploit Hot Market with Bongará Zinc Mine Project

Company: Zinc One Resources Inc. (ZZZOF)
Category: Stock Spotlights

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.”

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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.

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