Zinc One Resources Inc. (TSX-V: Z), Canadian explorer focused in Peru, announced the discovery of zinc mineralization over an area of 5,500m2 at Bongarita, one of the three mineralized areas – the other ones are Mina Chica and Mina Grande Sur -of the Bingara zinc project, located near the project of the same name [renamed recently as Cañon Florida], owned by Cía. Minera Milpo (Nexa), in Amazonas.
It detailed that it has drilled a total 587.2m at Bongarita and found grades of up to 38.1% Zn over 2.4m. Recently, the junior miner reported the discovery of a new mineralized area at Mina Chica, where it has drilled 1,140m in 34 holes.
Zinc One prepares a rst resource estimate for the project, to be published in Q2’18.