Zincore Interim CFO to Pursue Other Opportunities

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2011) - Zincore Metals Inc. (TSX:ZNC)(LMA:ZNC) ("Zincore" or the "Company") reports that Paul Smith, Interim CFO, will be leaving the Company to pursue other opportunities effective December 31, 2011.

Zincore President and CEO, Jorge Benavides, commented, "In the short time Paul has been with our Company, he has made significant contributions to our progress, including helping us publish a very favourable Preliminary Economic Assessment for our Accha Zinc Oxide District project. We thank Paul for his efforts and wish him all the best in his future endeavours."

Mr. Benavides added, "Although we will miss many of the skills Paul brought to our Company, our team will remain strong. Giovanni Susin, who served as the Company's CFO between July 2009 and September of this year, will re-assume duties as CFO, in addition to his current role as VP, Finance."

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 18, 2011 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.