Zone Resources Inc.

Zone Resources Inc.

August 02, 2011 18:33 ET

Zone Resources Inc. Completed Labrador Trough Airborne Survey

Zone Commences Consultation with the Inuit of Nunavik

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 2, 2011) - Zone Resources Inc. (Zone) (TSX VENTURE:ZNR)(FRANKFURT:7ZR) reports that it has completed a high-resolution aeromagnetic and horizontal gradiometer survey over its entire Labrador Trough land package. A total of 3,612 line kilometres has been flown with a line spacing of 250 metres. The survey was carried out by Terraquest Ltd. of Markham, Ontario.

The survey has been successful in outlining the areas which have the highest potential for economic zones of iron mineralization. The historical data, including drilling results with assays, is being integrated with the geophysical data to enhance the geological model for expanding the current zones of iron mineralization and discovering new zones.

Logistical planning is underway to commence ground exploration and diamond drilling as soon as possible.

The Company has begun an ongoing consultation process with the Inuit of Nunavik. Work activities will be serviced out of the community of Kuujjuaq, where the company will strive to maximize the use of local businesses and local employment.

Zone Resources has optioned four iron properties, totalling 41,500 hectares, in the Labrador Trough in Nunavik in northern Quebec. Drilling in the 1950's had outlined a number of zones of iron mineralization.

Technical information in this news release has been reviewed by Mike Magrum, PEng, a qualified person as defined in NI 43-101.

About Zone Resources Inc.

Zone Resources Inc. is in the business of evaluating and acquiring mineral, oil, and natural gas properties for exploration and development. The Company's shares trade on the TSX Venture Exchange under the symbol ZNR.

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.

Contact Information