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Zincore and First Quantum Team Up in Strategic Partnership

Charlotte McLeod
May. 08, 2012 10:21AM PST
Base Metals Investing

Zincore Metals Inc. (TSX:ZNC) announced that it has entered into a strategic partnership with First Quantum Minerals Ltd. (TSX:FM) so that it can advance its Peruvian Dolores copper porphyry project.

Zincore Metals Inc. (TSX:ZNC) announced that it has entered into a strategic partnership with First Quantum Minerals Ltd. (TSX:FM) so that it can advance its Peruvian Dolores copper porphyry project.

Jorge Benavides, President and CEO of Zincore, commented:

The benefits of this partnership to our shareholders are significant and extend beyond the Dolores project. The funds that First Quantum will invest in Zincore will allow us to more actively pursue the Pre-Feasibility Study for our flagship project, the Accha Zinc Oxide District. At the same time, funds will be available to explore the Dolores area much more aggressively than we could on our own. This will put us in a good position to deliver significant results for both our copper and zinc projects to the market sooner than we could without the help of our new strategic partner.

Click here to read the full Zincore Metals Inc. (TSX:ZNC) press release.

zinc-oxide copper-porphyry tsx-fm tsx-znc
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