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Zone Resources engages Watts Griffis and McOuat for Labrador Trough Iron project
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Friday, 19 Aug 2011
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Zone Resources Inc announced that it has engaged Watts, Griffis and McOuat Limited, Consulting Geologists and Engineers, of Toronto Canada, who are to ensure all field and laboratory work is conducted in compliance with National Instrument 43-101 standards and best practices guidelines. WGM is an established, internationally recognized consulting firm with extensive domestic and international iron ore experience and in the preparation of NI-43-101 compliant Mineral Resource estimates.

Zone has commenced work on its four optioned iron properties, totaling 41,500 hectares, in the Labrador Trough in Nunavik in Northern Quebec. Drilling in the 1950s had outlined a number of zones of iron mineralization. The properties are northwest of Adriana Resources' Lac Otelnuk project (wherein Wuhan Iron and Steel Corp. has paid USD 120 million for a 60% interest) and New Millennium's Kemag and Labmag projects (which have an option agreement with TATA Steel for a USD 4.9 billion development which includes the construction of a 750 kilometre slurry pipeline).

Logistical planning is continuing to begin diamond drilling as soon as possible. Winter drilling during the 1950s, on the current Zone properties, shows that drilling can be carried out year-round. It is anticipated that drilling will commence in late August or early September of 2011.

Zone has begun an aggressive exploration program to evaluate historic iron mineralization on the properties and will explore new targets being generated by geophysical surveys, including a recently completed airborne magnetic survey.

The company has a continuing consultation process with the Inuit of Nunavik. Work activities will be serviced out of the community of Kuujjuaq, where the company will strive to maximize the use of local businesses and local employment.

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