KNOB HILL IRON PROPERTY

Zone Resources Inc. announces that it has acquired an option to earn a 100% interest in the Knob Hill Iron property, consisting of approximately 2,971 acres, located in Nunavik, northern Quebec. This new acquisition is approximately 12 kilometers north of the recently announced Moore-Ross Iron property.

The Knob Hill Iron property covers an area of extensive iron formation outcropping and is described in several historic reports as a discovery of iron formation on a dolomite footwall with overlying sediments, called the Knob Hill made in the late 1940's. A 1950 report, GM01085, describes a large favorable structure identified in the Knob Hill area, "a sharp syncline ...here the iron formation...is compressed in a tight synclinal fold 1500 ft across..." and within the same report, maps indicate that intermittent outcrops of iron formation were mapped from Knob Hill to the Melezes River for a distance of over 5km, a 1948 report, GM00408, describes the outcropping iron formation width as "...their width varies from a few hundred to around one thousand feet...there are scattered piles of broken oxidized material along this iron formation which should be investigated by digging pits..." .