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Zinc One Resources extends high-grade zinc deposit at the Mina Chica Zone

53 drill holes for 2,370.9 metres have been drilled from 18 platforms

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A second drill rig is currently drilling at Mina Grande Sur, which lies some 1.2km southeast of Mina Chica

Zinc One Resources Inc (CVE:Z) has extended the recently discovered high-grade zinc deposit at the Mina Chica zone of the Bongará Zinc project.

Four of the drill holes showed that the high-grade mineralisation continues to the northwest for more than 50 metres with true vertical thicknesses ranging from 7.4 metres to 20.1 metres and zinc grades in excess of 20%.

READ: Zinc Ore Resources Inc says Mina Chica target may not be "so small after all" after confirming high-grade zinc deposit​

Significant intercepts included hole MCH18022 – 12.7 metres of 38.0% zinc from 6.0 metres drill depth – and MCH18026 – 28.5 metres of 20.1% zine from 6.0 metres drill depth.

The drilling at Mina Chica is part of the ongoing programme that is targeting several areas of known high-grade zinc mineralisation at the project. The drill programme at Mina Chica, consisting of 53 drill holes and a total of 2,370.9 metres, has now been completed with final results pending for the remaining drill holes. Drilling at Mina Grande Sur is continuing and results are expected soon.

“The current drill programme at the Mina Chica zone continues to expand the deposit, and will potentially have a positive impact on the resource estimate at the Bongará Zinc Mine Project expected to be released in Q3 2018. Needless to say, the drill results of this discovery have greatly enhanced our understanding of the geology at Mina Chica and continue to impress us at Zinc One. We are obviously eager to see the next round of drill results,” said Jim Walchuck, the president and chief executive officer of Zinc One.  

Quick facts: Zinc One Resources Inc.

Price: 0.01 CAD

TSX-V:Z
Market: TSX-V
Market Cap: $1.94 m
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on 29/5/19

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