Zinco Announces Signing of Drill Contract With Major Drilling for Continuation of Exploration Work on Its San Juan and Jesus Mar
May 10 2011 - 4:32PM
Marketwired
Zinco Mining Corporation (TSX VENTURE: ZIM) (FRANKFURT: 61Z) is
pleased to announce that it has signed a 1500 meter drill contract
with Major Drilling de Mexico S.A. de C.V. to commence diamond core
drilling on its mineral prospects in the Cuale volcanogenic massive
sulfide (VMS) camp. The main objective of the program is to expand
on significant reverse circulation drilling intercepts from two
prospects, San Juan and Jesus Maria. From San Juan, Zinco's
previous intercepts include:
I. ZIM9 with 85.7 meters of 185 g/t Ag, 1.5% Zn and 0.8% Pb,
II. ZIM3, collared 41 m east-northeast of ZIM9, with 108.1 meters of 58 g/t
Ag, 1.4% Zn and 0.7% Pb.
III. ZIM1, collared 135 m north-northeast of ZIM9, with 14.3 meters of 127
g/t Ag, 2.9% Zn and 0.9% Pb.
IV. ZIM5, collared 215 m north-northeast of ZIM9, with 25.5 meters of 72
g/t Ag, 0.4% Zn and 0.2% Pb.
From Jesus Maria, the 2008 campaign returned results of:
I. ZIM30 with 41.82 meters of 5% Zn, 1.4% Pb, 0.2% Cu and 14 g/t Ag,
II. ZIM19, collared 170 meters southwest of ZIM30, with 17.34 meters of
4.2% Zn, 1.6% Pb, 0.1% Cu and 5 g/t Ag,
III. ZIM16, collared 40 meters southwest of ZIM30, with 17.34 meters of 4.9%
Zn, 0.1% Pb, 0.2% Cu and 5 g/t Ag.
Plan maps and cross-sections of these results are on Zinco's
website at http://www.zincomining.com/s/Mineralization.asp.
The two areas of interest are characterized by multiple
intersections of VMS-style mineralization and have grades of
economic interest, with zinc and silver dominating the polymetallic
assemblage. Diamond drilling is being initiated at both sites to
test for physical continuity of the mineralization identified by
the earlier reverse circulation drilling program. The company has
been active in camp preparation and drill pad preparation in
anticipation of diamond drilling commencing in the near future.
Qualified Person
This press release was reviewed by Michelle Robinson, M.A.Sc.,
P.Eng., a Director of Zinco Mining Corporation, who acts as Zinco's
qualified person as defined by NI 43-101. Details regarding
sampling and assaying are appended to Zinco's News Release dated 21
February 2011.
Further information about the Jalisco VMS Project can be
reviewed on Zinco's website www.zincomining.com.
ON BEHALF OF THE BOARD,
David Elgee, PRESIDENT
Certain information regarding the Company including management's
assessment of future plans and operations, may constitute
forward-looking statements under applicable securities laws and
necessarily involve risks associated with mining exploration and
development, volatility of prices, currency fluctuations,
imprecision of resource estimates, environmental and permitting
risks, access to labour and services, competition from other
companies and ability to access sufficient capital. As a
consequence, actual results may differ materially from those
anticipated in the forward-looking statements.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS NEWS RELEASE.
Contacts: Zinco Mining Corporation David Elgee President (604)
507-2181 (604) 507-2187 (FAX) www.zincomining.com
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