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zincore metals inc (ZNC) Snapshot

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zincore metals inc (ZNC) Details

Zincore Metals Inc., an exploration company, is engaged in the identification, acquisition, exploration, evaluation, and development of zinc and related base metals projects in the Americas. The company also explores for lead and copper deposits. Its flagship property includes its 100% owned Accha Zinc Oxide District project comprising 66 mining concessions covering an area of approximately 50,000 hectares located in Southern Peru. The company was formerly known as Southern Zinc Corporation and changed its name to Zincore Metals Inc. in June 2006. Zincore Metals Inc. was incorporated in 2005 and is headquartered in Vancouver, Canada.

Founded in 2005

zincore metals inc (ZNC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$26.1K
Compensation as of Fiscal Year 2013.

zincore metals inc (ZNC) Key Developments

Zincore Metals Inc. Reports Latest Dolores Porphyry Drill Results

Zincore Metals Inc. reported assay results from the latest holes drilled at the Dolores copper-molybdenum porphyry project. Dolores is located in the prolific Yauri-Andahuaylas copper district of southern Peru and is being explored under a joint-venture with First Quantum Minerals. First Quantum has concluded the second of five earn-in stages for the Dolores joint-venture and currently owns 50.1% of the project, with Zincore owning the other 49.9%. The recent drilling program comprised 1,599.8m in 4 diamond drill holes. The recent drilling targeted the southeastern flank of the previously-drilled porphyry copper-molybdenum system over a north-south distance of approximately 550m. DOL-18, the most northerly hole, cut quartzite through its entire length and intersected anomalous copper and molybdenum associated with sulphide veinlets between 342.15m and 362.70m depth. DOL-19, drilled entirely in diorite at 100° azimuth, was collared at the same location as DOL-02 and DOL-09 from previous drilling campaigns. It intersected intermittent zones of anomalous copper and molybdenum associated with concentrations of sulphide veinlets between 70.70m and 246.85m depth. DOL-20 and DOL-21 were drilled from the same location at 50° and 110° azimuth, respectively, between DOL-18 and DOL-19. DOL-20 intersected feldspar porphyry, diorite porphyry and breccia in the upper portion of the hole and quartzite with thin andesite units below 203.5m. Two intervals of weak copper-molybdenum mineralization were intersected, one in each lithology type. DOL-21 cut feldspar porphyry and intrusive breccia over its entire length and intersected no significant mineralization.

Zincore Metals Inc. Auditor Raises 'Going Concern' Doubt

Zincore Metals Inc. filed its Annual on Mar 31, 2015 for the period ending Dec 31, 2014. In this report its auditor, Deloitte & Touche LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Zincore Metals Inc. To Move From TSX To NEX

Zincore Metals Inc. reported that its application to voluntarily delist its shares from trading on the TSX and transition to the NEX, as reported March 20, 2015, has been approved. Accordingly, the company's shares will commence trading on the NEX at market open on March 31, 2015. The company's existing share certificates will continue to represent the shares of the corporation. Zincore shares also currently trade on the Lima Stock Exchange (BVL) and the company understands that one of the conditions of this listing is to maintain a TSX or TSX-V listing. Accordingly, the company expects that its shares will cease to trade on the BVL approximately 20 working days after delisting from the TSX.

 

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