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About Zincore
History
Zincore was founded in September 2005 as a wholly owned subsidiary of Southwestern Resources Corp., the Vancouver-based diversified mineral exploration company, to hold its zinc property interests. Zincore went public in November 2006 with an initial public offering and trades on the Toronto Stock Exchange under the symbol ZNC.
Strategy
Zincore’s strategy is to become a leading low-cost zinc metal producer. Our initial objective is to advance the Accha-Yanque exploration property to a pre-feasibility study through a disciplined process of exploration, resource definition and drilling, and technical studies. The Accha deposit on this property has a historical resource estimate that is not compliant with National Instrument 43-101, the Yanque deposit has an inferred resource estimate that is compliant with National Instrument 43-101, and both deposits remain prospective for expansion through exploration and drilling. A number of other zinc mineral occurrences have been identified on the Accha-Yanque property and, along with the Minasccasa and Sayani properties, provide immediate exploration opportunities.
The amount of historical work completed on the Accha-Yanque property enables an accelerated exploration program. Zincore, Southwestern Resources and previous partners have spent approximately $8.5 million on exploration, drilling, scoping studies and metallurgical test work. Reviews of historical metallurgical test work indicate that the Accha-Yanque ore may be amenable to processing by solvent extraction and electrowinning. Our exploration, technical and management teams have the skills and experience in Peru to advance the project toward a development decision if development is warranted.
A two-phase exploration program with a budget of $CAD13 million is planned at Accha-Yanque. The first phase will involve 46,000 metres of drilling. A second phase, which is subject to the result of the first phase, will include pre-feasibility engineering and test work.
Zincore is in a strong position to acquire additional zinc exploration opportunities due to its strong management team and established office in Peru.
Vision and Values
At Zincore, we work in a responsible manner to develop the earth's natural resources. We recognize our accountability to employees, communities, shareholders and other stakeholders to continuously look for ways to improve the business. We are committed to communicating with our stakeholder groups in a transparent manner.