April 23, 2010: Zone Resources Inc. (Zone) (TSX-V: ZNR) reports that it has negotiated to
transfer its working interests in the Dyer Creek and SE Edison properties to Daybreak Oil and Gas Inc..
In exchange, the Company will receive a 5% overriding royalty interest on the working interest in each
property currently held by the Company.
The 5% overriding royalty interest, based on the 50% working interest the Company held in the SE Edison
property, equates to 2.50% of all revenue received from the property, being paid to the Company. The 5%
overriding royalty interest, based on the 25% working interest the Company held in the Dyer Creek
property, equates to 1.25% of all revenue received from the property, being paid to the Company. The
overriding royalty interest payments are free of any operating or production costs, but net of any
county or state production, severance or franchise taxes. As of the date of the assignment, the only tax
payable by the Company is the California Franchise Tax levied against revenue received by Zone.
About Zone Resources Inc.
Zone Resources Inc. is in the business of evaluating and acquiring oil and natural gas properties for
exploration and development. The Company's shares trade on the TSX Venture Exchange under the symbol
ZNR.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are
considered speculative. Any and all other resource or reserve estimates are historical in nature, and
should not be relied upon. By their nature, forward looking statements involve risk and uncertainties
because they relate to events and depend on factors that will or may occur in the future. Actual
results may vary depending upon exploration activities, industry production, commodity demand and
pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to
US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain
terms, such as "reserves" unless such figures are based upon actual production or formation tests and
can be shown to be economically and legally producible under existing economic and operating
conditions.
FOR FURTHER INFORMATION ABOUT THE COMPANY, PLEASE CONTACT:
Zone Resources Inc.
Vancouver Office
Archie Boyce, Director
Email: archie@zone-resources.com
Telephone: (604) 683 5445 ext 227