Resumen: Zincore Metals Inc.informa que ha descubierto un alto grado de mineralización de cobre en la superficie de exploración, en un área sin performar del del proyecto Dolores en el sur de Perú. Las últimas muestras de la superficie, a partir de tres áreas separadas, son evidencia de una nueva zona con muestras de hasta 3,35% y 3,11% Cu. Las tres áreas se encuentran entre 1,5 a 2 kilómetros al sur de los agujeros DOL-9 y DOL-10, dos de los agujeros perforados más altamente potenciales en el proyecto a la fecha, y la Fosa de Uno, que ha demostrado 0,76% de Cu equivalente a lo largo 52 metros.
Zincore Samples High Grade Copper Outcrops Including 3.35% Cu at
Dolores Porphyry Project
VANCOUVER, BRITISH COLUMBIA, May 02, 2012 (MARKETWIRE via COMTEX) --
Zincore Metals Inc.
CA:ZNC
+11.76%
(lma:ZNC) ("Zincore" or the
"Company") is pleased to report that it has discovered high grade
copper mineralization during surface exploration work at an undrilled
area of the Company's 100%-owned, Dolores copper porphyry project in
southern Peru. The latest surface samples, from three separate areas,
include evidence of a new skarn area with samples of up to 3.35% and
3.11% Cu. All three areas are located between 1.5 to 2 kilometres
south of holes DOL-9 and DOL-10, two of the most highly prospective
holes drilled at the project to date, and Trench One, which has shown
0.76% Cu equivalent(i) over 52 metres.
The Company also reports that it has discovered higher grade copper
and molybdenum mineralization in the first results from Trench Two,
including 0.61% Cu equivalent(i) over eleven metres. Trench Two is
located approximately 500 metres and 1 km respectively from holes
DOL-9 and DOL-10.
Zincore President and CEO, Jorge Benavides commented, "These results
provide further evidence of two important points. First, as we
explore further south of the currently drilled areas we continue to
see higher grades of copper mineralization. This is strong evidence
that we are vectoring into the heart of the mineralized porphyry.
Second, we have been working to extend the geological mapping and
sampling south of the currently drilled area in order to better
understand the vectors controlling the emplacement of the
copper-molybdenum mineralization. These results confirm that the
altered and mineralized porphyry extends to the south of the drilled
areas for at least 2 km and possibly further. The bottom line is that
Dolores is a big porphyry system."
Table A - Dolores Trench Two - one metre intervals
----------------------------------------------------------------------------
Location
----------------------------------------------------------------------------
Copper
From To Copper Molybdenum Equivalent Gold Silver
(metres) (metres) (%) (%) (%)(i) (g/t) (g/t)
----------------------------------------------------------------------------
0 1 0.12 0.001 0.13 0.02 NSV
----------------------------------------------------------------------------
1 2 0.27 0.027 0.42 0.01 0.8
----------------------------------------------------------------------------
2 3 1.26 0.028 1.41 0.07 4.3
----------------------------------------------------------------------------
3 4 1.35 0.121 2.01 0.14 4.1
----------------------------------------------------------------------------
4 5 0.93 0.191 1.96 0.09 3.3
----------------------------------------------------------------------------
5 6 0.30 0.004 0.32 0.01 0.6
----------------------------------------------------------------------------
6 7 0.09 0.003 0.11 0.01 NSV
----------------------------------------------------------------------------
7 8 0.05 0.001 0.05 0.01 NSV
----------------------------------------------------------------------------
8 9 0.01 0.000 0.01 0.01 NSV
----------------------------------------------------------------------------
9 10 0.20 0.001 0.20 0.01 NSV
----------------------------------------------------------------------------
10 11 0.09 0.001 0.10 0.01 NSV
----------------------------------------------------------------------------
The copper and molybdenum mineralization encountered in Trench Two
consists of primary sulphides and is hosted within the same altered
quartz diorite porphyry encountered in Trench One and the holes
drilled to date. Trench Two was discontinued to the south at 11
metres due to high water levels in a nearby stream and the Company
expects to continue work once local conditions permit.
Table B - Selected Rock Chip Samples - one metre
----------------------------------------------------------------------------
Copper
Copper Molybdenum Equivalent Gold Silver
Sample (%) (%) (%)(i) (g/t) (g/t)
----------------------------------------------------------------------------
21760 1.86 NSV 1.86 NSV NSV
----------------------------------------------------------------------------
21762 3.35 NSV 3.35 0.10 0.8
----------------------------------------------------------------------------
21763 3.12 0.001 3.12 0.15 NSV
----------------------------------------------------------------------------
21764 0.51 0.002 0.52 0.03 0.4
----------------------------------------------------------------------------
The rock chip samples were taken from a recently discovered skarn and
consist of secondary oxides. The Company expects to expand the work
in this area of outcrops in the coming weeks.
The Dolores property is located in the prolific Yauri-Andahuaylas
Copper District in southern Peru near other copper porphyries being
developed such as Xstrata's Las Bambas, HudBay's Constancia and First
Quantum's Haquira. Company geologists have been working to extend the
geological mapping and sampling south of the currently drilled area
in order to better understand the vectors controlling the emplacement
of the copper-molybdenum mineralization. This work has confirmed that
the altered and mineralized porphyry extends to the south for at
least another 2 km and possibly further. Once the mapping is
completed, the Company plans to expand the IP and magnetic
geophysical survey coverage over this very prospective ground to help
define a second phase diamond drill program.
(i) Copper Equivalent Total calculated using TD Newcrest long term
prices of US$2.75/lb. copper and US$15.00/lb. molybdenum and do not
include any potential gold or silver credits. Metallurgical
recoveries and net smelter returns are assumed to be 100%. Please see
our news releases dated April 3rd and March 3rd 2012, and October
4th, 2011 for further details on Dolores trenching and drill results.
Vernon Arseneau, P.Geo., Vice President, Exploration for Zincore has
prepared or supervised the preparation of the information contained
in this news release and is the Qualified Person as defined under
National Instrument 43-101 for this news release.
Quality Control
Zincore has implemented a quality control program to ensure best
practice in lithogeochemical sampling and analysis of rock chips,
trench, tunnel and drill core samples. All channel samples were
delivered in sealed security bags to ACME Labs Laboratory in Lima.
All samples were analyzed by ICP (34 elements) using aqua regia
digestion. Copper values were also determined by aqua regia digestion
at ore grade level and gold was assayed by fire assay.
Fuente: www.marketwatch.com
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