Zone Resources Inc.
TSX VENTURE : ZNR
FRANKFURT : 7ZR

Zone Resources Inc.

October 25, 2011 13:27 ET

Zone Resources Inc.: 35.98% Iron Intersection Over 24 Metres on the Moore Iron Property, Northern Quebec

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2011) - Zone Resources Inc. (Zone) (TSX VENTURE:ZNR)(FRANKFURT:7ZR) is pleased to announce that the company has received analyses of core from the top of drill hole ZR11-05 on the Moore Iron Property in the Labrador Trough of Northern Quebec. The drill hole intersected 85.2 metres of magnetite iron formation. Analyses have been received from the initial 24.00 metres, which averaged 35.98% Fe. The manganese content of individual samples also ranged up to 3.98%, and averaged 2.30%.

Diamond drill hole ZR11-05 was drilled on a coincident magnetic and gravity anomaly on a target area called the North Slope. It intersected iron formation from the collar at 3.00 metres to 88.20 metres. The remaining 61.2 metres is visually identical to the first 24 metres with assays pending. The hole was drilled vertically with core angles indicating that the iron formation is dipping at between 20 and 30 degrees.

The diamond drill program is continuing. Two additional exploratory holes have been completed on the North Slope target area. Hole, ZR11-07, which tested a combined magnetic and gravity anomaly, intersected magnetite iron formation from the casing at 13.90 metres, to 169.30 metres, with minor interbedded sandstone sections.

The drill is now being moved to the Girard property, where several strong and extensive magnetic anomalies were defined by the airborne magnetic survey carried out earlier this year. Ground reconnaissance has confirmed the presence of wide zones of magnetite. Management intends to test a number of these very large targets before the winter freeze-up.

Analyses reported in this news release were performed by ActLabs of Ancaster, Ontario using X-Ray fluorescence analysis. Technical material in this news release has been reviewed by Mike Magrum, P.Eng., a Qualified Person as defined in NI 43-101.

About Zone Resources Inc.

Zone Resources Inc. is a Canadian Iron exploration and development company with 4 major projects situated in the Labrador Trough of Quebec, Canada. The properties are near Adriana Resources' Lac Otelnuk Project and New Millennium's Kemag and Labmag Projects. Historical drilling on the Moore-Ross property includes a significant hole grading 42.9% iron over 197 feet. Over 37 drill holes, the primary iron mineral is hematite and iron grades ranged from 17.25% to 44.8%. The Company's shares trade on the TSX Venture Exchange under the symbol ZNR and on the Frankfurt Exchange under the symbol 7ZR.

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.

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