Zincore Metals Inc. (TSX:ZNC, LMA:ZNC) announced that they have identified new, high profile copper exploration targets at their Accha Zinc Oxide project in Peru.
As quoted in the press release:
This exploration work was carried out as part of a copper reconnaissance program that commenced pursuant to a strategic partnership private placement made into the Company by First Quantum Minerals (“First Quantum”) on May 10, 2012. Zincore and First Quantum have also formed a joint-venture* to explore Zincore’s Dolores copper-molybdenum porphyry which is located in the same area.
Zincore CEO and President, Jorge Benavides, said:
These are very interesting reconnaissance results as the various indicators – magnetic, radiometric, geochemical and geological anomalies – all overlap and point to two first-class copper porphyry exploration targets at Laca-Laca and Larisa, and secondary targets at Gema, Bellavista, Atenas One, Atenas Two and Gorrion. Given the correlation of indicators, we believe that exploring these highly prospective targets further in 2013 could help bring new value to our shareholders.