NetworkNewsBreaks – Zinc One Resources Inc. (TSX
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Zinc One Resources Inc.’s (TSX.V: Z) (OTC: ZZZOF) (FSE: RH33) past-producing Bongará Zinc-Oxide Mine Project in Peru spans an area of more than 19,768 acres. The company intends to bring Bongará back into production as world stockpiles of zinc are at multi-year lows. An article discussing this reads: “Zinc One’s objective is to delineate and update the historical resource and then be aggressive in taking the next steps to move the company into a producer generating cash flow. The company is extremely confident that it can match or exceed the historical resource at the Bongará Mine Project. The Company will have years of exploration along a six-kilometer strike length on the Bongará concessions, as well as the prospective Charlotte Bongará concessions. The company anticipates a completed updated resource estimate by Q2 of 2018 with a target of between 1.2 million and 2 million tons of zinc at 20 percent grade followed in short order by a Preliminary Economic Assessment.”
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