Toronto, Ontario (FSCwire) - Minfocus Exploration Corp. (TSX-V: MFX) (“Minfocus”) is pleased to announce that analyses of samples collected from the Peregrine Zinc Property during the most recent fieldwork in October 2017 has returned more high-grade samples containing up to 10.7% Zinc+Lead combined.
Results of October 2017 Program at Peregrine Zinc Project
The analytical results from recent additional samples collected in October at the Peregrine Zinc Property have identified zinc mineralization in an area more than 1,400 metres, west-southwest along strike from the area that was reported previously to have samples with values of up to 35.9% Zinc as announced in Minfocus’ press release of September 12th, 2017. Following the successful field program in July 2017 that yielded the high-grade zinc values, a second field program was undertaken in October 2017 at this Mississippi Valley Type (“MVT”) prospect during which a second historical adit and a collapsed shaft area were located. Samples collected from the rock dump adjacent to the collapsed shaft collar yielded up to 8.97% Zinc and 1.72% Lead in brecciated dolostone with abundant dark, iron-rich sphalerite forming much of the matrix between the fragments of dolomite. Abundant pyrite is also present in the breccia matrix as evidenced by assays of 1.17 to 46.2% Iron in samples collected. Results of all seven grab samples collected are shown below:
| Sample | Zinc % | Lead % | Silver ppm |
| A21572 | 1.57 | 0.013 | <3 |
| A21573 | 0.433 | 0.504 | 27 |
| A21574 | 8.97 | 1.72 | 22 |
| A21575 | 5.14 | 0.218 | 7 |
| A21576 | 0.023 | <0.003 | <3 |
| A21577 | 0.020 | 0.105 | 4 |
| A21578 | 2.38 | 1.08 | 32 |
Analyses were all undertaken by Activation Laboratories Ltd.
A zone of very gossanous, weathered dolostone rock extends from the lowest adit up the hill past the second adit and the collapsed shaft for a distance of 100 metres.
The field program in October had two objectives: to prospect for additional mineralized occurrences and to extend the soil geochemical sampling program that had identified a strong soil anomaly for the full length of the 600 metres of strike sampled from the earlier sampled showing. The first objective has been achieved and results of the new soil geochemical survey results are pending. For more information on the Peregrine property, pictures of the adits, collapsed shaft and mineralization, visit the Company website at www.minfocus.com
Minfocus 2017 Annual General Meeting (“AGM”)
The Company reports that all matters set out in the Management Information Circular dated October 12, 2017 for the 2017 Shareholders AGM, held on November 29th, 2017, were approved by shareholders.
The following four nominees were elected as directors of the Company. The detailed results of the vote for the election of directors are set out below:
| Director Nominee | Votes For | % For | Votes Against/Withheld | % Withheld |
| Gerald Harper | 27,427,613 | 93.38 | 1,945,940 | 6.62 |
| Kenneth B. de Graaf | 29,363,553 | 99.97 | 10,000 | 0.33 |
| Phillip D Mello | 29,363,553 | 99.97 | 10,000 | 0.33 |
| Graham C. Wilson | 29.363,553 | 99.97 | 10,000 | 0.33 |
Appointment of Fifth Director to the Board
At the AGM, shareholders approved the number of directors to be set at five. Minfocus announces that the Board of Directors has approved the appointment of Brian Howlett, CPA, CMA as a director of the Company. Mr. Howlett is a seasoned professional with over 25 years of senior financial management experience. Mr. Howlett is currently the President, Chief Executive Officer and Director of Dundee Sustainable Technologies Inc and CR Capital Corp. He also formerly served as the President and Chief Financial Officer of Superior Copper Corporation. Prior to that, Mr. Howlett spent 12 years with ELI Eco Logic Inc., including 6 years as Chief Financial Officer. Mr. Howlett graduated in 1982 with a B. Comm. in finance from Concordia University and received his CMA designation in 1989. Mr. Howlett also serves on the Boards for several junior mining companies.
About Minfocus Exploration Corp.
Minfocus Exploration Corp. is a Canadian company currently advancing a portfolio of base metal projects including zinc and nickel projects in British Columbia and a Platinum Group Element (“PGE”) rich nickel project in N.W. Ontario. Minfocus has a successful management group with a record of multiple discoveries of deposits worldwide, including gold and uranium deposits in Mongolia and PGE-rich resources in Ontario, including the discovery of the first Platinum-rich Pt-Pd-Cu-Ni deposit in the Midcontinent Rift, the Current Lake deposit (+700,000 oz. Pt-Eq).
