Zone Resources Inc.
TSX VENTURE : ZNR

Zone Resources Inc.

May 31, 2011 09:00 ET

Zone Resources Inc. Creates Advisory Board with Key Founding Members of Adriana Resources Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 31, 2011) - Zone Resources Inc. (TSX VENTURE:ZNR) (Zone) is pleased to announce the appointment of Mr. Richard Barclay and Mr. Michael Beley to the Advisory Board. Mr. Beley was the founding CEO and Mr. Barclay was the founding CFO and Director of Adriana Resources Inc., a TSX-V listed company with a multi Billion tonne iron deposit in Quebec in development through a joint venture with WISCO of China. Adriana is also developing a Brazilian iron ore port facility.

Mr. Barclay was the founding President, CEO and Director of Eldorado Gold Corporation (from 1992 to 1999) a TSX and NYSE listed intermediate gold producer. He is also a co-founder of Bema Gold Corporation, a TSX and NYSE listed intermediate gold producer, where he served as CFO and Director from 1975 to 1992. Bema was acquired by Kinross Gold Corp. in April 2007. Mr. Barclay is currently the Executive Vice President and Director of China Minerals Mining Corporation, a TSX-V listed company.

Mr. Beley is currently a Director of China Minerals Mining Corporation and Advisor to the Chairman (since 2006). He held the position of Chairman and President of Adriana Resources Inc. from 2004 to 2009. As a co-founder of Eldorado Gold Corporation, Mr. Beley served as Vice President and Director from 1992 to 1999. From 1979 to 1992 Mr. Beley was the Vice President and Director of Bema Gold Corporation which was acquired by Kinross Gold Corp. in 2007. Mr. Beley holds a B.Sc. from the University of British Columbia is a fellow of the Geological Association of Canada and is past President of the British Columbia and Yukon Chamber of Mines.

"We are very pleased that Mr. Barclay and Mr. Beley have joined our team as advisors," stated Charles Desjardins, President and CEO of Zone Resources. "Their knowledge and expertise of iron development in the Labrador Trough will add tremendous depth to our exploration team."

About Zone Resources Inc.

Zone Resources Inc. is in the business of evaluating and acquiring mining, and 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