Zinc One (TSX: $Z.V) (OTC: $ZZZOF) Exercises Option
to Acquire and Consolidate the Bongara #Zinc-oxide Project and Charlotte
Bongara Zinc-oxide Project
Vancouver, Canada - June 27, 2017 (Investorideas.com
Newswire) Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (FSE: RH33) ("Zinc One or the Company") is
pleased to announce that it has exercised the option to acquire a 100% interest
in the Bongará Zinc-Oxide Project and Charlotte Bongará Zinc-Oxide Project by
making final cash payments totaling USD $1,150,000 to the optionors, thus
laying the foundation for the redevelopment of the Bongará Zinc-Oxide Project.
Zinc One is focused on the acquisition, exploration
and development of prospective and advanced zinc projects in mining friendly
jurisdictions. Zinc One's key assets are the past producing Bongará Zinc-Oxide
Project and Charlotte Bongará Zinc-Oxide Project in Peru.
The Bongará Zinc-Oxide Project was in production from
2007 to 2008, but shut down due to the global financial crisis and concurrent
decrease in the zinc price. Past production show greater than 20% zinc grades
and recoveries over 90%; all from at or near the surface. The neighboring
Charlotte Bongará Zinc-Oxide Project has multiple near-surface, high-grade
zinc-oxide drill intercepts providing numerous drill targets and exploration
potential. Zinc One's objective is to restart production at the Bongará
Zinc-Oxide Project with exploration of targets along a six-kilometre trend,
which includes the Charlotte Bongará Zinc-Oxide Project. Zinc One is managed by
a proven team of exploration geologists and engineers having previously
constructed and operated successful mining operations.
For a video presentation overview of Zinc One by CEO
James Walchuck please follow this link: Zinc One Corporate Video Presentation
is a Featured mining company on Investorideas.com
Hear the recent Podcast interview with President, CEO
and Director of Zinc One, Jim Walchuk:http://www.investorideas.com/Audio/Podcasts/061517-Interview-JimWalchuk.mp3
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