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Zinc One Resources Inc.
Summary
| Project: | Bongara | |
|---|---|---|
| Deposit: | Mina Chica | |
| Location: | Peru | |
| Commodities: | Zinc | |
| Date: | 5/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-5-2018: Zinc One Resources Inc. announces an Exploration/Drilling Update report for its Mina Chica deposit at the Bongara project. Drilling results incl. 39.0m @ 27.4% Zn from 23.8m. Vancouver, British Columbia--(Newsfile Corp. - May 23, 2018) - Zinc O | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bill Williams (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - May 23, 2018) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (FSE: RH33) ("Zinc One" or the "Company") has further extended the recently discovered high-grade zinc deposit to the west and northwest in the Mina Chica zone of the Bongará Zinc Mine project located in north-central Peru. The discovered deposit has been delineated to the northwest and is at least 150 metres long in a NW-SE direction (open to southeast) and, at the northwest end, is at least 80 metres wide (open to west). The current drill program for Mina Chica has now been completed with the final data from sampling still pending. Jim Walchuck, President and CEO of Zinc One commented, "The results from the Mina Chica zone continue to impress and it has become apparent that Mina Chica will be an important part of the overall growth of the Bongará project. We will have enough information from this drilling to estimate a resource even though the discovery deposit is open in several directions." Mina Chica is one of three known zones of high-grade, near-surface zinc-oxide mineralization along a 1.4 kilometre mineralized trend that is being tested by this drill program. At Bongarita, which lies approximately 200 metres west of Mina Chica, all results from the 36 holes (587.2 metres) drilled have been reported. At Mina Grande Sur, which lies approximately 1.2 kilometres southeast of Mina Chica, results from 24 of 95 holes drilled, for a total of 2,328.4 metres, have been reported. This program was recently completed and the drill rig is now drilling at Mina Grande Centro | |
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