Vancouver, British Columbia--(Newsfile Corp. - November 20, 2017) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZOF) (FSE: RH33) ("Zinc One") is pleased to report that an inferred resource estimate of 632,000 tonnes grading 7.6% Zinc, 0.74% Lead, 0.11% Cu, 19.75 g/t silver and 0.28 g/t gold (at a NSR US $75 cut/off) at its optioned Scotia Property, located in the Skeena Mining Division, British Columbia. The National Instrument 43-101 Technical Report (the "Technical Report") disclosing the inferred resource estimate has been filed on www.sedar.com.
The inferred resource estimate is located in the Albere Zone of the Scotia Property. The data used for the inferred resource estimate was from thirty-nine drill holes totaling 4,144 meters conducted on the Scotia Property, of which seven holes drilled in 1960, seven holes drilled in 1980, four holes drilled in 1981, eleven holes drilled in 1984 and ten holes drilled in 1997. NSR cut-off values were calculated using metal prices of USD $1.00/lb Zinc, USD $2.75/lb Cu, USD $1,200/oz Au and USD $18/oz Ag. The NSR calculation assumes underground mining and includes estimated concentrate transportation, smelter treatment and refining charges. The grades for zinc, lead, copper, silver and gold were interpolated into each block by ordinary kriging.
Ed Harrington, P. Geo, and Gary Giroux, P. Geo, both Qualified Persons, have reviewed and approved the technical information contained in this news release.
