Zincore Announces Closing of Private Placement Financing


VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 17, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Zincore Metals Inc. (TSX:ZNC)(LMA:ZNC) ("Zincore", the "Company") reports that further to its news release dated September 27th, which detailed the closing of a first tranche of a brokered private placement financing for gross proceeds of US$750,000, the Company has now closed the brokered private placement originally announced September 16th. The Company will not be proceeding with a second tranche of the private placement.

This press release is not an offer of securities for sale in the United States. The securities described have not been and will not be registered under the United States Securities Act of 1933 and accordingly are not being offered for sale and may not be offered, sold or delivered, directly or indirectly within the United States, its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except pursuant to an exemption from the registration requirements of that Act.

About Zincore

Zincore is a Vancouver-based mineral exploration company focused mainly on zinc and related base metal opportunities in Peru. The Company's common shares trade on both the Toronto and Lima Stock Exchanges under the symbol ZNC. For more information, please see our website at www.zincoremetals.com.

Forward-looking Statements: Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Annual Information Form of Zincore dated March 22, 2013 which is filed with Canadian securities regulatory authorities and available on SEDAR (www.sedar.com). Such information contained herein represents management's best judgment as of the date hereof based on information currently available.

Contact Information:

Zincore Metals Inc.
Adam Ho, Manager, Investor Relations
(604) 669-6611 ext. 3
604.669.6616 (FAX)
aho@zincoremetals.com
www.zincoremetals.com