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Strategies & Market Trends : Ride the Tiger with CD

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From: robnhood1/21/2008 9:09:58 AM
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ZNC--
<<-- PRESS RELEASE: Zincore Identifies New Zone Of High-Grade Zinc And Lead Mineralization 5 Km East Of Yanque>ZNC.T --
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 21, 2008) - Zincore Metals
Inc. (TSX:ZNC) ("Zincore" or "the Company") has commenced a regional exploration
program on the Accha-Yanque zinc belt, with initial work focused on identifying
areas with the potential to host satellite deposits near Accha and Yanque.
During this program a new zone of high-grade mineralization has been identified
approximately five kilometres east of Yanque. A continuous 16-metre channel
sample across the zone returned grades of 9.7% zinc, 8.4% lead and 41 grams per
tonne silver.

The Yanque East target is an area of sporadic oxidized gossanous outcrop
currently defined over approximately 400 metres by 200 metres. Select sampling
from oxidized zones of outcrop in the north and central parts of the target
returned anomalous values of both zinc and lead. In the southern portion of the
target an old adit was discovered on steeply dipping altered limestones that
strike in a north-south direction close to an intrusive contact. The alteration
of the limestone consists of both hydrothermal and crackle breccias as well as
limonite alteration that is similar to the alteration pattern of the Accha and
Yanque deposits. The manto style mineralization was sampled perpendicular to
strike across the adit entrance and via trenching beyond the adit. The
continuous 16-metre channel sample graded 9.7% zinc, 8.4% lead and 41 grams per
tonne silver. A grab sample from the end of the 50-metre long adit returned
11.7% zinc and 1.3% lead and mineralization was visually identified along the
length of the adit. A second sample from surface in the same area returned 0.46%
zinc and 13.75% lead. The mineralized zone has been traced a total of 80 metres
along strike to the north, where it has been displaced by a fault. Soil and
vegetation cover the zone to the south.

Zincore is immediately following up on these results with work including soil
sampling to identify the size of the broader zone and additional outcrop
sampling, trenching and mapping over the target area. An induced polarization
(IP) geophysical survey is also being completed over the area.

Timo Jauristo, President and CEO commented, "Yanque East is another example of
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