Nevada Zinc Releases Phase 3 Drill Results from Discovery Zone

Nevada Zinc Corp. (TSXV:NZN) announced that the first Phase 3 drill results from the Discovery zone at its Lone Mountain project show that zinc mineralization continues both down dip and near surface.

As quoted in the press release:

• Drill hole LM-15-26 (-80 degrees) intersected a zone of zinc and lead mineralization from 155.45 metres to 182.89 metres with the 27.44 metre interval assaying 3.23% zinc and 0.18% lead (3.41% zinc+lead).
• Drill hole LM-15-27 (-70 degrees) intersected a number of zones of high-grade zinc and lead mineralization in the interval from 126.49 metres to 245.36 metres with the entire 118.87 metre interval assaying 9.58% zinc and 0.74% lead (10.32% zinc+lead).
• Highest-grade interval in hole LM-15-27 assayed 27.82% zinc and 1.25% lead (29.07% zinc+lead) over 15.24 metres.
• Drill hole LM-15-28 (-45 degrees) intersected near-surface mineralization from 59.44 metres to 65.53 metres, an interval of 6.09 metres grading 2.98% zinc.
• Drilling results from this first part of the Phase 3 drill program expands the footprint of the  Discovery zone area of mineralization up-dip, down-dip and to the northwest of the discovery first reported in the Company’s press release dated November 19, 2014.
• Drill holes reported to date consistently define an area of mineralization intersected over a 150 metre strike length, over a dip length of nearly 250 metres and averaging approximately 40 metres. Other areas of mineralization have been intersected outside the Discovery Zone including in holes LM-14-16,17,18 and LM-15-28. Mineralization at the Discovery Zone remains largely open in all directions to further expansion, especially along strike and at depth.

Bruce Durham, president and CEO of Nevada Zinc, commented:

Hole 27 is Nevada Zinc’s best hole to date and its 118 metre intersection is truly exceptional, it really demonstrates that this zone has both size potential and excellent grades. Most importantly, the extension of this portion of the mineralized zone remains completely untested.

Click here to read the full Nevada Zinc Corp. (TSXV:NZN) press release.