Vancouver, British Columbia--(Newsfile Corp. - November 13, 2018) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZZOF) (FSE: RH33) ("Zinc One" or the "Company") announces that it has appointed Dr. Bill Williams, COO and a director of Zinc One, as the interim CEO effective November 13, 2018. James Walchuck has been the CEO and a director of Zinc One and remains a consultant to the Company.
Dr. Williams is an economic geologist with over 35 years of experience in mining and the oil & gas industries, including extensive experience in South America. Previously, he was the CEO, President and a Director of Orvana Minerals and a Vice-President at Phelps Dodge Exploration.
"Dr. Williams' experience in the development of base-metal projects will be instrumental in moving Zinc One forward at a key time in its evolution," comments Greg Crowe, a director of Zinc One. "With the release of Zinc One's maiden resource estimate on the Bongará Zinc Mine Project anticipated within the next few weeks, Zinc One is well-positioned to pursue project funding under Dr. Williams' guidance."
About Zinc One Resources Inc.
Zinc One's key assets are the Bongará Zinc Mine Project and the Charlotte-Bongará Zinc Project in north-central Peru. The Bongará Zinc Mine Project was in production from 2007 to 2008 but was closed due to the global financial crisis and concurrent decrease in the zinc price. Past production included >20% zinc grades and recoveries over 90% from surface and near-surface zinc-oxide mineralization. High-grade, zinc-oxide mineralization is known to outcrop between the mined area and the Charlotte-Bongará Project, which is over six kilometres to the north north-west and where past drilling intercepted various near-surface zones with high-grade zinc as well.
VP, Investor Relations
Zinc One Resources Inc.
Phone: (604) 683-0911
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Zinc One cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Zinc One's limited operating history, its proposed exploration and development activities on the Bongará Zinc Oxide Project and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Zinc One does not undertake to publicly update or revise forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.