Zinccorp Resources Inc. Samples 1170 g/t Gallium, 60.3 g/t Germanium and 24.1 g/t Indium at Michelle Project
February 02 2010 - 9:00AM
Marketwired
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.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this news release.
Contacts: Zinccorp Resources Inc. Kevin Hull or Alan Campbell
Investor Relations (604) 685-2222 (604) 685-3764 (FAX)
info@zinc-corp.com www.zinc-corp.com
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