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Airborne Magnetic Survey for Girard Iron Property


          1st drill hole on Ross Mountain                      View of Ross Mountain Zone Iron Formation

Zone Resources Inc. Business Overview

Zone Resources Inc. has assembled an extensive property portfolio in the Labrador Trough, a world-class iron ore district. The properties, located in Nunavik (Northern Quebec) are in proximity to major iron projects.

  • 106,152 acres of property: The four major properties are Girard, Red Knob Hill, Bob Lake and Moore-Ross.

  • Major players: The properties are adjacent to Adriana Resources' Lac Otelnuk Project and New Millennium's Kémag and Labmag projects. Tata Steel recently signed an option agreement with New Millennium worth $4.9 Billion for development of it's projects in the Labrador Trough.

  • Strong historic results: Highlight of the Historical drilling on Moore-Ross shows a significant hole bearing *42.9% iron over 197 feet. Over 37 drill holes, the primary iron mineral is hematite and iron grades ranged from 17.25% to 44.8%.

  • Québec: One of the most mining friendly provinces in the world. Furthermore, the provincial Quebec government recently announced an $80 Billion infrastructure and investment plan for the northern part of the province (Plan Nord).

With properties not subjected to modern exploration techniques, Zone Resources is aiming to design a program that will corroborate the historical results and determine future drill targets.

*Note: historical data is not 43-101 compliant and cannot be relied upon.


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   5/18/2012 2:24pm EST  Delayed quote data