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ZN Zinccorp Resources Inc.

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Share Name Share Symbol Market Type
Zinccorp Resources Inc. TSXV:ZN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Zinccorp Options ET Claims in the Mayo Mining District in Yukon

07/04/2011 2:00pm

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ZINCCORP RESOURCES INC. (TSX VENTURE: ZN) -

Highlights


--  The proven hand auger soil sampling technique has returned highly
    anomalous gold values of 189 ppb Au.

--  Soil anomalies are very comparable to gold-in-soil anomalies of White
    Gold and Coffee projects in the White gold district of Yukon.

--  Five N-S trends anomalous for gold have been identified and open.

--  All eight silt samples taken were anomalous in gold- 5 of 8 sample
    assays ran from 1550ppb Au to 5770 pbb Au. The gold is thought to be of
    local origin.

--  Most of the economic placer gold bar deposits on the Stewart River area
    are found downstream of this location.

--  Claims are Two-wheel accessible through an all season highway.

--  Power line goes through the claims.

is pleased to announce optioning ET claims in the Mayo Mining district of Yukon. The company will earn the 100% by paying the vendor $75,000 cash, $75,000 worth of shares over 4 years and a work commitment of $75,000 by the Year 2 anniversary. The vendor will retain a NSR of 2.5% with an option to purchase 1% for $1,000,000.

The ET claims are located 24km northeast of Stewart Crossing in the Mayo Mining District, N.T.S. 115 P/8, 9, Yukon. The claims can be accessed by a two-wheel drive Silver Trail Highway, an all season road. The Mayo / Dawson City power line goes through the claims. Please refer to the location map.

(To see the location map and the soil lines location map please visit the following link: http://media3.marketwire.com/docs/zni407.pdf)

The claims were staked in 1998 by Yukon prospector J.P. Ross. Since then, seasonal work including traditional hand-auger soil sampling has resulted in five North-South trends anomalous for gold. The total historic work till 2005 includes 346 hand-auger soil samples (Reference: Yukon Geologica Survey, Assessment Report #094435). The results of the traditional hand-auger soil sampling work are tabulated below.


----------------------------------------------------------------------------
Traditional Hand-Auger Soil Sampling Results (2002-2005)
----------------------------------------------------------------------------
Gold in Soil (ppb)                Number of Samples               Percentile
----------------------------------------------------------------------------
100 ppb Au - 184 ppb Au                          10                      97%
----------------------------------------------------------------------------
50 ppb Au - 99 ppb Au                            27                      90%
----------------------------------------------------------------------------
25 ppb Au - 49 ppb Au                            33                      89%
----------------------------------------------------------------------------
10 ppb Au - 24 ppb Au                            38                      70%
----------------------------------------------------------------------------
9 ppb Au or less                                238                      80%
----------------------------------------------------------------------------

Please refer to the soil lines location map.

In 1999, 8 silt samples were taken from 3 streams. All were highly anomalous from 175 ppb Au to2550 ppb Au (-80 mesh). The samples were re-done at -200 mesh and 5 of 8 ran from 1550 ppb Au to 5770 ppb Au (Reference Yukon Geological Survey - MINFILE#: 115P 042).

The company is planning on a follow-up work to expand on the soil survey followed by geophysics, detail geological mapping and trenching to define drill targets. Roger MacDonald (P.Geo) has reviewed this news release.

About Zinccorp Resources:

Zinccorp has a strategic land position in the Destor-Porcupine-Fault zone of West Timmins area. The company has also positioned itself in the Yukon by acquiring other projects and developing its Michelle project where previous drilling has intersected 309 g/t Silver, 16.76% Zn, & 8.8% Pb over 18.29m width.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contacts: Zinccorp Resources Inc. Alan Campbell (604) 685-2222 Zinccorp Resources Inc. Kevin Hull (604) 685-2222 info@zinc-corp.com www.zinccorpresources.com

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