ZINCO ANNOUNCES COMPLETION OF DRILL CONTRACT WITH MAJOR DRILLING ON ITS SAN JUAN AND JESUS MARIA PROSPECTS IN THE CUALE DISTRICT, JALISCO VMS PROJECT, MEXICO
(Thomson Reuters ONE) -
ZINCO MINING CORPORATION (TSXV - ZIM)
205 - 16055 Fraser Highway
Surrey, B.C. V4N 0G2
Telephone (604) 507-2181
Fax: (604) 507-2187
Web: www.Zincomining.com
TSXV: ZIM; Franfurt: 6IZ; WKN: A0MKFN
23 August 2011
Zinco Mining Corporation (TSX-V: ZIM, FRA: 61Z) has completed 1534.8 meters of
HQ diamond drilling in 14 holes at its San Juan and Jesus Maria prospects in the
Cuale VMS camp, Jalisco, Mexico. The drilling was completed by Major Drilling
de Mexico S.A. de C.V. between 5 June 2011 and 20 July 2011. The main objective
of the program was to expand Zinco's geological knowledge of significant reverse
circulation drilling intercepts from both prospects. Specific results that were
followed up with additional drilling include: (i) silver-rich hole ZIM9 from San
Juan with 85.7 meters of 185 g/t Ag, 1.5% Zn and 0.8% Pb (followed up with an
additional 955.3 meters in Holes ZIM 34 to ZIM42), and (ii) zinc-rich hole ZIM30
from Jesus Maria with 41.82 meters of 5% Zn, 1.4% Pb, 0.2% Cu and 14 g/t Ag
(followed up with an additional 579.5 metres of drilling in holes ZIM43 to
ZIM47).
Prior to sampling, diamond drill core was logged for geology and structure,
examined with a microscope, photographed using an electronic camera, then
analysed semiquantitatively using a Niton GOLDD XRF analyser to delimit the
mineralized intercepts. Prior to the onset of the rains, some core samples from
San Juan were scanned with a short-wave infrared (SWIR) spectrometer. Once the
rains started, humidity levels were too high to properly dry the core for SWIR
spectroscopy.
Core was split in half using a gas powered core saw or conventional core-
splitter. Sample intervals were generally 1 metre long, except where modified
for geological reasons. One half of the split core was kept in the box on site
as a reference, and the other half was sealed in a double-bagged plastic bag for
assay. Standard pulps and coarse blank samples were inserted into the sample
stream at regular intervals.
The samples were packed into rice bags, then shipped to Acme Laboratories de
Mexico in Guadalajara via Transportes Castores for sample preparation. In the
lab, the samples were dried, crushed and pulverized. The prepared pulps were
shipped via DHL from the lab in Mexico to Acme's analytical laboratory in
Vancouver, British Columbia, Canada. Gold determinations are to be completed
using fire-assay ICP-ES methods on a 30 gram charge. Silver and base metals are
to be analyzed using combined ICP-MS - ICP-ES methods on a 0.5 gram charge with
a 4 acid digestion. Silver over limits for this method are to be re-analyzed
using gravimetric methods.
The assaying is in-progress.
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.
Further information about the Jalisco VMS Project can be reviewed on Zinco's
websitewww.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.
This announcement is distributed by Thomson Reuters on behalf of
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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Zinco Mining Corporation via Thomson Reuters ONE
[HUG#1540329]
Unternehmensinformation / Kurzprofil:
Datum: 23.08.2011 - 10:00 Uhr
Sprache: Deutsch
News-ID 58092
Anzahl Zeichen: 5203
contact information:
Town:
Surrey, BC
Kategorie:
Business News
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