Zincore Metals Inc.

Zincore Metals Inc.

September 15, 2010 08:15 ET

Zincore In-Fill Drilling Confirms Continuity of High Grade Mineralization Between Sections at Accha Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2010) - Zincore Metals Inc. (TSX:ZNC)(BVLAC:ZNC) ("Zincore" or the "Company") is pleased to announce it has received assay results from the first eight, diamond drill holes of in-fill, definition drilling at its Accha project, on the Company's 100%-owned, Accha Zinc Oxide District in southern Peru. These eight holes represent 1272 metres of a planned 5,000 metre program intended to confirm the continuity of the higher grade mineralization so that it may be selectively mined.

Zincore President and CEO, Jorge Benavides, commented, "We are very pleased with these results. The sharp contact found with high grade mineralization intervals on holes 67, 68 and 69, confirms the continuity of the high grade ore body between sections. Determining the continuity of the high grade mineralization is a key objective of this program. These results are consistent with, and in some instances, better than what we had expected. When combined with the excellent metallurgical pilot plant results we released on August 18th, we are clearly making progress towards a viable mining operation with a single processing facility at the Accha Zinc Oxide District."

The plan for the 5,000 metre drill program was originally recommended in a report by Micon International Limited (See our news release dated April 29, 2010.) With the current pace of drilling slightly ahead of schedule, Zincore hopes to complete the program by the end of October. Upon completion of the program, a new model of the Accha deposit will be constructed and a Mineral Resources Estimate and accompanying NI 43-101 Technical Report will be generated. Similar to the Accha project, geological modeling will be completed for the Yanque Project, also located on the Accha Zinc Oxide District, before in-fill drilling to better define resource geometry and also generate a new 43-101 Technical Report.

Accha Project In-Fill Drill Hole Results        
    Intersection Along Drill Hole            
Hole No.   From (metres)   To (metres)   Drill Hole Intersection (metres)(1)   Zinc (%)   Lead (%)
AC-63   189.35   196.05   6.70   2.13   0.11
AC-64   141.30   148.60   7.30   2.20   0.58
Including   145.30   146.60   1.30   9.33   2.97
    157.50   172.10   14.60   4.69   0.63
Including   157.50   160.50   3.00   7.48   1.47
AC-65   94.40   104.40   10.00   2.00   0.30
    109.40   115.60   6.20   1.04   0.20
    Intersection Along Drill Hole            
Hole No.   From (metres)   To (metres)   Drill Hole Intersection (metres)(1)   Zinc (%)   Lead (%)
AC-66   80.00   83.80   3.80   3.93   0.46
    95.30   97.30   2.00   4.91   1.36
AC-67   131.40   166.90   35.50   13.35   5.39
AC-68   104.60   121.10   16.50   10.98   2.92
Including   104.60   111.60   7.00   12.19   5.66
Including   115.60   119.60   4.00   13.65   0.32
AC-69   72.60   91.70   19.10   11.01   1.52
Including   72.60   78.60   6.00   18.01   1.59
AC-70   28.40   40.40   12.00   6.45   0.30
Including   37.40   40.40   3.00   10.14   0.31
    46.00   56.00   10.00   1.97   1.44
Including   48.00   51.00   3.00   4.00   3.13
(1) True widths not currently known

Micon International Limited has provided consulting services to the international mining industry since 1988, with particular focus upon mineral resource estimations, metallurgical services, mine design and production scheduling, preparation of pre-feasibility and feasibility studies, independent reviews of mining and mineral properties, project monitoring, independent engineer roles, financial analysis and litigation support.

Vernon Arseneau, P.Geo., Vice President, Exploration for Zincore has prepared or supervised the preparation of the information contained in this news release and is the Qualified Person as defined under National Instrument 43-101 for this news release.

Quality Control

Zincore has implemented a quality control program to ensure best practice in litho geochemical sampling and analysis of rock chips, trench, tunnel and drill core samples.

All drill core samples (approximately one metre, half-core composites) are shipped in security sealed bags via a private trucking company directly to the Acme Labs Laboratories facility in Lima. All samples for the resource drill program are analyzed using two techniques: Zinc and lead grades are determined by Atomic Absorption and if the results exceed 10% they are re-assayed by volumetric methods. In addition, all samples are assayed by ICP-ES for 37 elements.

The Company submits its own standards and blanks as a measure of the accuracy of the analysis. All pulps and coarse rejects are being recovered and stored. Prior to a new resource estimate, 10% of all samples used in the resource calculation will be re-assayed at a second laboratory using the same analytical techniques described above. This includes re-assaying of pulps from the coarse rejects.

About Zincore

Zincore is a Vancouver-based mineral exploration company focused mainly on zinc and related base metal opportunities in the Americas, namely Peru, Mexico and Canada. 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 12, 2010 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.

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