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Zinc One Resources Inc.
Summary
| Project: | Bongara | |
|---|---|---|
| Deposit: | Mina Chica | |
| Location: | Peru | |
| Commodities: | Zinc | |
| Date: | 4/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-4-2018: Zinc One Resources Inc. announces an Exploration/Drilling Update report for its Mina Chica deposit at the Bongara project. Drilling results incl. 49.5m @ 38.7% Zn from 7.3m. Vancouver, British Columbia- (Newsfile Corp. - April 26, 2018) - Zinc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bill Williams (Internal) | |
| ABSTRACT: | Vancouver, British Columbia- (Newsfile Corp. - April 26, 2018) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (FSE: RH33) ("Zinc One" or the "Company") confirms the discovery of high-grade zinc deposit located in the Mina Chica zone at the Bongara Mine Zinc project located in north-central Peru. The drilling at Mina Chica is part of the ongoing program that is targeting several areas of known high-grade zinc mineralization. This important discovery is based on additional high-grade results with substantial vertical thicknesses at Mina Chica. It is an exciting new area to be potentially included in the upcoming resource estimate and underlines the potential upward scalability of the Bongará Zinc Mine project. To date, assays for only 18 of 50 holes totaling 2,070 metres drilled at Mina Chica have been reported. The data for the remaining 32 holes will be announced once assays results have been received, checked, and compiled. Bill Williams, COO of Zinc One commented, "The confirmation of the discovery of a new high-grade zinc deposit at Mina Chica marks an exciting turn of events for the Bongará Zinc Mine project. Our drilling results have clearly demonstrated that the highgrade zinc mineralization forms a contiguous body, whose vertical thickness is beyond our previous expectations. Furthermore, zinc mineralization has been encountered in nearly every hole drilled to date and we look forward to reporting the assays from these holes so that the magnitude of the zinc in this deposit can be properly quantified. Overall, some of our drilling has only partially delineated this zinc deposit and thus it remains open in certain directions. We look forward to the prospect of building a potentially more significant project than originally contemplated. It appears that Mina Chica may not be so small after all." | |
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