Zone Resources Inc.

Zone Resources Inc.

January 20, 2010 16:58 ET

Zone Resources Inc. Pays off Loan to North American Gem Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 20, 2010) - Zone Resources Inc. (TSX VENTURE:ZNR) (Zone) announces that payment of $233,287.67(CND) has been submitted to North American Gem Inc. (NAG) (TSX-V symbol: NAG) for the loan previously announced. NAG has now received the complete reimbursement of the loan.

About Zone Resource Inc.

Zone Resources Inc. is in the business of evaluating and acquiring oil and natural gas properties for exploration and development. The Company's shares trade on the TSX Venture Exchange under the symbol ZNR.

Cautionary note:

This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information