ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ZN Zinccorp Resources Inc.

0.00
0.00 (0.00%)
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 Resources Inc. Samples 1170 g/t Gallium, 60.3 g/t Germanium and 24.1 g/t Indium at Michelle Project

02/02/2010 1:04pm

Marketwired Canada


Zinccorp Resources Inc. (TSX VENTURE:ZN) (the 'Company') is pleased to announce
that high grade zinc, lead and silver mineralization has been found to be
enriched in Gallium, Germanium and Indium, specialty metals which are valued for
their use in various high tech and green manufactured products. Zinccorp is
planning a 2010 diamond drill program at the Michelle Project in north-central
Yukon Territory to test for these base, precious and specialty metals. Fifteen
mineralized zones have been discovered within an area roughly 12 kilometres by 7
kilometres.


To view a map of the Company's Michelle property click on the following link, or
cut and paste the link into your browser:


http://www.brmstatpack.com/lt/1001/1030/michelle-map 

"The Michelle property has numerous high grade targets that are enriched in
specialty metals in addition to the more common zinc, lead and silver, and which
add substantial value to this project. The gross metal value of the Michelle
project is extremely high, and warrants a considerable effort to evaluate,"
comments Company President, Richard Hughes. "2010 promises to be an exciting
year for exploration at Michelle, in addition to starting early stage
exploration on a number of recently acquired properties in the West Timmins gold
district." 


Exploration at the Michelle Property has revealed zinc, lead, silver and gallium
mineralization in dominantly carbonate and oxide form (with minor lead sulphide)
over an area measuring roughly 12 kilometres by 7 kilometres. Limited sampling
for Germanium and Indium has revealed highly elevated values in these metals as
well. Gallium, Germanium and Indium are essential components of certain types of
semiconductors including solar photovoltaic cells and thin film solar cells, as
well as in LCD displays and certain types of transistors. 


15 samples collected in 2009 from seven different zones and re-analyzed for
Germanium and Indium averaged 221.7 g/t Gallium (maximum value 1170 g/t), 7.4
g/t Indium (maximum value 24.1 g/t) and 6.4 g/t Germanium (maximum value 60.3
g/t) in addition to 190 g/t Silver, 13.6% Lead and 13.3% Zinc. Only one of seven
zones tested in 2009 had low values of all of these metals. Exploration in 2007
returned high values in these metals from the Peak, Gully and Dynasty zones,
however the 2008 program did not analyze for them. Elevated levels of these rare
metals add substantially to the gross metal value of the mineralization, and
potential value of the project. 


Mineralization at Michelle is hosted by upper Cambrian to lower Devonian
carbonate rocks of the Bouvette formation. 


The 2010 exploration program at Michelle (see Zinccorp press release dated
January 26, 2010) will look for patterns of enrichment in Gallium, Germanium and
Indium in addition to Zinc, Lead and Silver. 


Zinccorp Resources owns 100% of the Michelle Property.

The Qualified Person for the purpose of National Instrument 43-101 is William
Mann, P.Geo. who has read and agreed with the technical information in this news
release.


The Company's website is currently being redesigned and will have further
information on each of the properties available in the near future.


About Zinccorp Resources Inc.

Zinccorp Resources Inc., a member of the Hughes Exploration Group of companies,
is a recently formed, tightly held junior mineral exploration company. The
Company had a zinc/lead/silver discovery on the Michelle Property, one of its
four highly prospective properties in Yukon, Canada in 2007. Zinccorp Resources
Inc. has now expanded its exploration venture into the prolific Timmins / Larder
Lake mining camp adding a new gold dimension to its exploration portfolio.


Please visit Zinccorp's web-site www.zinc-corp.com to learn more about the
Michelle and other exciting Zinccorp projects and sign up to receive upcoming
Zinccorp news.


The statements made in this news release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Company's expectations and projections.


1 Year Zinccorp Resources Inc. Chart

1 Year Zinccorp Resources Inc. Chart

1 Month Zinccorp Resources Inc. Chart

1 Month Zinccorp Resources Inc. Chart

Your Recent History

Delayed Upgrade Clock