News Release
Zone Resources Inc. Plans to Conduct Airborne over its Land Position in the Labrador Trough, Quebec
May 16, 2011: Zone Resources Inc. (Zone) (TSX-V: ZNR) reports that it has contracted Terraquest Ltd. of Markham, Ontario to conduct a high resolution aeromagnetic and horizontal gradiometer survey over its entire Labrador Trough land package. A total of 3,108.6 line km will be flown with line spacings of 250 metres.
Zone is planning an aggressive exploration program this summer to evaluate historic iron ore zones on the properties, and to further explore all notable targets as determined by the analysis of the airborne data.
Links for further information:
Technical information in this news release has been reviewed by Mike Magrum, P.Eng., a Qualified Person as defined in NI 43-101.
About Zone Resources Inc.
Zone Resources Inc. is in the business of evaluating and acquiring oil, natural gas and mineral 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