Zinccorp Resources Expands Michelle Property and Adds Second Drill
August 14 2008 - 9:59AM
Marketwired
Zinccorp Resources Inc. (TSX VENTURE: ZN) is pleased to announce
that drilling is progressing well at its wholly owned Michelle
property in central Yukon and that the property has again been
enlarged in response to new discoveries made by its crews.
Initial drill results are very encouraging and a second drill
has just been moved to the property. The first drill is focusing on
the Peak Showing while the second drill will resume exploration at
the Gully Showing, which has already produced significant
intersections including 7.94 m that averaged 22.72% zinc, 17.38%
lead and 510.7 g/t silver.
The Peak Showing is hosted in an easterly trending fault and the
Gully Showing in a northerly trending structure. Drill intersects
exceeding 15 m in length have been returned from both zones. The
surface mineralization and soil geochemical anomalies associated
with each of these zones have been traced for about 600 m along
strike and are still open to extension.
Geological mapping has shown that mineralization at the Michelle
property can be categorized as Mississippi Valley Type (MVT).
Deposits of this type have been important producers of zinc and
lead in Canada (Pine Point, Nanisivik and Polaris Mines).
Typically, this mineralization occurs in a number of nearby zones
that collectively comprise the MVT district. Prospecting at the
Michelle property has now identified 11 separate zones spread over
a 12 km long belt. Additional prospecting and silt and soil
geochemical surveys, which are currently in progress, are expected
to identify more zones in the next few weeks. The property has been
significantly expanded to cover known areas of anomalous
geochemical response and newly discovered showings. It now totals
427 contiguous claims encompassing an area of 80 sq/km (see map of
Michelle Property below).
MVT deposits usually exhibit a combination of structural and
stratigraphic controls. At the Michelle property, easterly trending
fracture/breccia zones are developed along faults that appear to
have seen significant displacement. Secondary faults are found
adjacent to these main structures. They have northerly strikes and
are extensional in nature. Both fault sets acted as channelways for
mineralizing fluids. Where the faults cross permeable and/or
chemically reactive horizons, fluids moved locally into the
surrounding wallrocks to form stratabound mineralization.
The 2008 drill program is designed to determine the orientation,
continuity and grades of the Peak and Gully Showings and to
identify stratigraphic horizons where particularly rich
mineralization is likely to occur within them. Information gained
from this program will then be used to delineate these zones and
evaluate other zones elsewhere in this highly prospective MVT
district.
Exploration at the Michelle property is being conducted by
Archer, Cathro & Associates (1981) Limited, under the
supervision of W. A. Wengzynowski, P.Eng. Mr. Wengzynowski is the
qualified person for this project. He has read this release and has
approved its contents.
About Zinccorp Resources Inc.
Zinccorp Resources Inc., a member of the Hughes Exploration
Group of companies, is a newly formed, tightly held junior mineral
exploration company. The company is focused on the discovery of
large zinc-rich deposits in Yukon Territory, Canada. It recently
acquired 100% interest in four highly prospective properties from
Strategic Metals Ltd. and is currently drilling the Michelle,
located approximately 15 km east of the Dempster Highway.
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.
To view the map titled "Zinccorp Resources Inc. Michelle
Property", please visit the following link:
http://media3.marketwire.com/docs/znmap814.pdf
The statements made in this Press 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.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
Contacts: Hughes Exploration Group Alan Campbell or Kevin Hull
Investor Relations (604) 685-2222 (604) 685-3764 (FAX) Website:
www.zinc-corp.com
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