VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2011) - ZINCCORP RESOURCES INC. (News - Market indicators) -
Highlights
- The proven hand auger soil sampling technique has returned highly anomalous gold values of 189 ppb Au.
- Soil anomalies are very comparable to gold-in-soil anomalies of White Gold and Coffee projects in the White gold district of Yukon.
- Five N-S trends anomalous for gold have been identified and open.
- All eight silt samples taken were anomalous in gold- 5 of 8 sample assays ran from 1550ppb Au to 5770 pbb Au. The gold is thought to be of local origin.
- Most of the economic placer gold bar deposits on the Stewart River area are found downstream of this location.
- Claims are Two-wheel accessible through an all season highway.
- Power line goes through the claims.
is pleased to announce optioning ET claims in the Mayo Mining district of Yukon. The company will earn the 100% by paying the vendor $75,000 cash, $75,000 worth of shares over 4 years and a work commitment of $75,000 by the Year 2 anniversary. The vendor will retain a NSR of 2.5% with an option to purchase 1% for $1,000,000.
The ET claims are located 24km northeast of Stewart Crossing in the Mayo Mining District, N.T.S. 115 P/8, 9, Yukon. The claims can be accessed by a two-wheel drive Silver Trail Highway, an all season road. The Mayo / Dawson City power line goes through the claims. Please refer to the location map.
(To see the location map and the soil lines location map please visit the following link: http://media3.marketwire.com/docs/zni407.pdf)
The claims were staked in 1998 by Yukon prospector J.P. Ross. Since then, seasonal work including traditional hand-auger soil sampling has resulted in five North-South trends anomalous for gold. The total historic work till 2005 includes 346 hand-auger soil samples (Reference: Yukon Geologica Survey, Assessment Report #094435). The results of the traditional hand-auger soil sampling work are tabulated below.
| Traditional Hand-Auger Soil Sampling Results (2002-2005) |
| Gold in Soil (ppb) |
Number of Samples |
Percentile |
| 100 ppb Au - 184 ppb Au |
10 |
97% |
| 50 ppb Au - 99 ppb Au |
27 |
90% |
| 25 ppb Au – 49 ppb Au |
33 |
89% |
| 10 ppb Au – 24 ppb Au |
38 |
70% |
| 9 ppb Au or less |
238 |
80% |
Please refer to the soil lines location map.
In 1999, 8 silt samples were taken from 3 streams. All were highly anomalous from 175 ppb Au to2550 ppb Au (-80 mesh). The samples were re-done at -200 mesh and 5 of 8 ran from 1550 ppb Au to 5770 ppb Au (Reference Yukon Geological Survey - MINFILE#: 115P 042).
The company is planning on a follow-up work to expand on the soil survey followed by geophysics, detail geological mapping and trenching to define drill targets. Roger MacDonald (P.Geo) has reviewed this news release.
About Zinccorp Resources:
Zinccorp has a strategic land position in the Destor-Porcupine-Fault zone of West Timmins area. The company has also positioned itself in the Yukon by acquiring other projects and developing its Michelle project where previous drilling has intersected 309 g/t Silver, 16.76% Zn, & 8.8% Pb over 18.29m width.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. 
