Zincore Discovers More Copper Mineralization in Undrilled

Zincore Discovers More Copper Mineralization in Undrilled Area of
Dolores Copper Porphyry 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/15/13 -- Zincore
Metals Inc. (TSX:ZNC)(LMA:ZNC) ("Zincore" or the "Company") is
pleased to report that it has discovered copper mineralization in
Trench Three, which is located in an undrilled area of the Company's
100%-owned, Dolores copper-molybdenum porphyry property. The
mineralization was discovered as part of work being conducted under a
joint-venture with First Quantum Minerals formed to explore Dolores,
which is located in the prolific Yauri-Andahuaylas copper district in
southern Peru. 
Highlights for Trench Three include: 0.18% Cu Eq(i) over 57 metres,
including 0.44% Cu Eq(i) over 17 metres and 0.77% Cu Eq(i) over 9
metres.  
Trench Three is located 250 metres south of Hole DOL-12, 450 metres
south of DOL-11 and 925 metres southwest of DOL-2, three of the most
prospective holes drilled to date at Dolores. To view results for
Trench Three, please see Table A below. You may also view a map of
exploration work at Dolores by clicking here. 
Zincore CEO and President, Jorge Benavides commented, "The copper and
molybdenum mineralization we encountered at surface in Trench Three
is very interesting as it is hosted in porphyry quartz monzonite, cut
by hydrothermal breccias. This is similar to what we encountered in
Holes DOL-2, DOL-11 and DOL-12, which all cut long intersections -
297.6 metres, 261.3 metres and 584.7 metres respectively - of good
copper-molybdenum mineralization and are all located some distance to
the north and northeast." 
Mr. Benavides concluded, "Combined with recent and soon to be
received drill results from Holes DOL-14, DOL-15, DOL-16 and DOL-17,
as well as information from extensive geophysical, geochemical and
geological surveys, we are assembling an important body of
information. We will assess and interpret all of the data and
indicators to develop a new drill campaign after the conclusion of
the rainy season." 
For more information about drill results for Holes DOL-2, DOL-11 and
Dol-12, please see our news releases dated May 3, 2011, November 23,
2012 and January 8, 2013. 
(i) Copper Equivalent Total calculated using TD Securities long term
prices of US$2.75/lb. copper and US$15.00/lb. molybdenum.
Metallurgical recoveries and net smelter returns are assumed to be
100%. 


 
Table A - Dolores Trench Three                                              
----------------------------------------------------------------------------
      Location                                                              
----------------------------------------------------------------------------
                                                        Copper              
      From        To  Interval  Copper  Molybdenum  Equivalent   Gold Silver
  (metres)  (metres)  (metres)     (%)         (%)      (%)(i)  (g/t)  (g/t)
----------------------------------------------------------------------------
         0         1         1    1.08       0.009        1.14   0.11    2.8
----------------------------------------------------------------------------
         1         2         1    0.56       0.003        0.58   0.04    1.5
----------------------------------------------------------------------------
         2         3         1    0.78       0.005        0.80   0.06    2.7
----------------------------------------------------------------------------
         3         4         1    0.59       0.003        0.61   0.02    1.3
----------------------------------------------------------------------------
         4         5         1    0.72       0.001        0.73   0.03    1.7
----------------------------------------------------------------------------
         5         6         1    0.52       0.001        0.53   0.05    2.4
----------------------------------------------------------------------------
         6         7         1    1.85       0.012        1.92   0.11    8.9
----------------------------------------------------------------------------
         7         8         1    0.53       0.002        0.54   0.08    3.1
----------------------------------------------------------------------------
         8         9         1    0.14       0.001        0.14   0.01    0.3
----------------------------------------------------------------------------
         9        11         2    0.05         NSV        0.05   0.01    0.2
----------------------------------------------------------------------------
        11        13         2    0.04         NSV        0.04   0.01    0.1
----------------------------------------------------------------------------
        13        15         2    0.08         NSV        0.08   0.01    0.4
----------------------------------------------------------------------------
        15        17         2    0.09         NSV        0.09   0.01    0.6
----------------------------------------------------------------------------
        17        19         2    0.02         NSV        0.02   0.01    0.1
----------------------------------------------------------------------------
        19        21         2    0.02         NSV        0.02   0.01    0.1
----------------------------------------------------------------------------
        21        23         2    0.02         NSV        0.02   0.01    0.1
----------------------------------------------------------------------------
        23        25         2    0.03       0.001        0.03   0.01    0.1
----------------------------------------------------------------------------
        25        27         2    0.07       0.001        0.08   0.01    0.3
----------------------------------------------------------------------------
        27        29         2    0.04         NSV        0.04   0.01    0.1
----------------------------------------------------------------------------
        29        31         2    0.07         NSV        0.07   0.01    0.2
----------------------------------------------------------------------------
        31        33         2    0.08       0.001        0.09   0.01    0.3
----------------------------------------------------------------------------
        33        35         2    0.09         NSV        0.09   0.01    0.2
----------------------------------------------------------------------------
        35        37         2    0.05         NSV        0.05   0.01    0.3
----------------------------------------------------------------------------
        37        39         2    0.08       0.001        0.08   0.01    0.2
----------------------------------------------------------------------------
        39        41         2    0.05       0.001        0.05   0.01    0.1
----------------------------------------------------------------------------
        41        43         2    0.04         NSV        0.04   0.01    0.1
----------------------------------------------------------------------------
        43        45         2    0.06         NSV        0.06   0.01    0.1
----------------------------------------------------------------------------
        45        47         2    0.47       0.003        0.48   0.03    0.8
----------------------------------------------------------------------------
        47        49         2    0.03         NSV        0.03   0.01    0.1
----------------------------------------------------------------------------
        49        51         2    0.05         NSV        0.05   0.01    0.2
----------------------------------------------------------------------------
        51        53         2    0.04         NSV        0.04   0.01    0.1
----------------------------------------------------------------------------
        53        55         2    0.23         NSV        0.23   0.01    0.4
----------------------------------------------------------------------------
        55        57         2    0.11         NSV        0.11   0.01    0.4
----------------------------------------------------------------------------
        57        59         2    0.02         NSV        0.02   0.01    0.2
----------------------------------------------------------------------------
        59        61         2    0.02         NSV        0.02   0.01    0.1
----------------------------------------------------------------------------
        61        63         2    0.02         NSV        0.02   0.01    0.1
----------------------------------------------------------------------------
        63        65         2    0.02       0.001        0.02   0.01    0.1
----------------------------------------------------------------------------
(i) Copper Equivalent Total calculated using TD Securities 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%.                                             

 
The Dolores Copper Porphyry Project 
Zincore's 100%-owned Dolores Project is located on the Company's
Accha Zinc Oxide District in the Yauri-Andahuaylas Copper belt in
southern Peru. It is near significant copper mines and developments
such as Xstrata's Las Bambas and Tintaya, HudBay's Constancia and
First Quantum's Haquira. To date, Zincore has published results from
13 drill holes, three trenches and a number of surface samples at
Dolores. The Company has also now completed drilling holes DOL-14,
DOL-15 and DOL-16 and is awaiting assay results. Drilling is also
underway at Hole DOL-17.The Company has also received and is
reviewing results from an extensive ground magnetic and induced
polarization survey of the Dolores area, as well as a regional
aeromagnetic and radiometric study. It is expected that this new data
will contribute to a better understanding of the deposit and help
focus future exploration work. 
To view the Dolores joint-venture details, please click here. 
Vernon Arseneau, P.Geo., is an independent geologist registered in
Quebec, Canada. He 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. 
About Zincore 
Zincore is a Vancouver-based mineral exploration company focused
mainly on zinc and related base metal opportunities in Peru. The
Company's common shares trade on both the Toronto and Lima Stock
Exchanges under the symbol ZNC. For more information, please see our
website at www.zincoremetals.com. 
Forward-looking Statements: Statements in this release that are
forward-looking, in particular with regards to the potential of the
Dolores project are subject to various risks and uncertainties
concerning the specific factors disclosed under the heading "Risk
Factors" and elsewhere in the Annual Information Form of Zincore
dated March 19, 2012 which is filed with Canadian securities
regulatory authorities and available on SEDAR (www.sedar.com). Such
information contained herein represents management's best judgment as
of the date hereof based on information currently available. 
Contacts:
Zincore Metals Inc.
Adam Ho
Manager, Investor Relations
(604) 669-6611 ext. 3
(604) 669-6616 (FAX)
aho@zincoremetals.com
www.zincoremetals.com
 
 
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