Redzone Resources Ltd.
TSX : REZ

Redzone Resources Ltd.

February 27, 2012 10:38 ET

CFS: Redzone Resources (REZ) Announces Lara Drill Results and Intersects 0.33% CuEq Over 235 m Inclined Width (203.5 m True Width) and Extends Mineralization Footprint 800 m to the East

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2012) - The following corrects and replaces the release issued earlier today on behalf of Redzone Resources Limited (TSX:REZ). The headline of the release was incorrect and has been updated.

Redzone Resources Limited (TSX:REZ) today announced the completion and results of the successful 2011/2012 diamond drilling campaign on the Lara Copper joint venture property in southern Peru, Ayacucho department.

REZ successfully drilled ten diamond drill holes totaling 4,700 m before the onset of the Peruvian rainy season.

The objective of the 2011 drill program was to test the IP and magnetic geophysical survey results for the potential of large and deep hypogene mineralization, as suggested by the ground geophysical results. In addition, the drilling program was designed to test the extent of the near-surface oxide-enrichment.

Highlights of late 2011 diamond drilling include some wide mineralized intersections:

DDH From
m
To
m
Inclined
width
Vertical
width
%Cu % Mo %CuEq*
LA-39 170 220 50 43.3 0.1879 0.0269 0.34
275 430 155 134.23 0.214 0.0102 0.27
LA-40 85 235 150 129.9 0.1879 0.0175 0.28
LA-42 170 245 75 64.95 0.188 0.0034 0.21
295 375 80 69.28 0.2149 0.00617 0.25
LA-46 140 375 235 203.51 0.2894 0.00769 0.33

Copper equivalents calculated represents the total value for each metal, multiplied by the conversion factor, summed and expressed in equivalent copper grades. These results are exploration results only and no allowance is made for metallurgical recoveries. The conversion factors used were: CuEq in percent was calculated using US$2.80 per pound of copper and US$16 per pound of molybdenum using the following formula:

CuEq= copper % + (Mo% X 5.71428571) + (Ag (g/t) X 0.01041667)

Diamond drilling results from ddh-LA-45 indicate that the mineralization footprint can be extended from the original resource area by 800 m to the east (Socos) and that the hypogene type mineralization extends to up to 300 metres vertical depth at 0.3% and 0.5 % CuEq grade. The mineralized footprint appears to be strongly controlled by east west structures. All drill holes of this program where drilled at 270° with an inclination of 60°.

The mineralized footprint as determined by new drilling indicates that the zone extends from 2 km to 2.5 km east west and up to 1 km north south, and remains open to the south west.

Diamond drilling results have been reviewed for QAQC by Lions Gate Geological Contractors, Vancouver, Canada.

Follow up analysis and compilation of results is currently in progress and is expected to be complete by the end of March 2012. An in-fill drilling program be designed with the objective to determine the resource potential of the deposit.

"Redzone is pleased with the outcome of our Q3 2011 to early 2012 exploration program. We have very successfully permitted, mapped, sampled, surveyed and drilled 4,700 m of the Lara copper porphyry system significantly extending the mineralization footprint from the original resource to a very significant mineralization system," stated Mr. Murphy.

Quality Control and Qualified Person

Lara Exploration, the joint venture partner and operator by of the Redzone exploration program in Peru, follows industry standard quality assurance and quality control procedures for all of its samples, under the supervision of Noel Diaz, General Manager, Peru and Andre Gauthier, P.Eng., President of Lara Exploration, who is the qualified person and responsible for the content of this news release according to the NI 43-101.

About Redzone Resources Ltd.

Redzone is a mineral exploration company focused on the acquisition and exploration of properties with prospects for hosting gold and base metal deposits in Peru. Redzone is listed on the Toronto Stock Exchange (REZ) and more information can be found at www.redzoneresources.ca.

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, expectations, plans and objectives of Redzone Resources Ltd. are forward-looking statements that involve various risks. The following are important factors that could cause Redzone Resources' actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future exploration activities and cash flows, and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Redzone Resources undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.

To view the Map associated with this release, visit: http://media3.marketwire.com/docs/rez227_Map.pdf.

The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.

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