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Zone Resources further update on Labrador trough project
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Friday, 09 Dec 2011
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Zone Resources Inc announced the results of diamond drill hole ZR11-09 and provide an update on drill hole ZR11-08 on the company's iron ore property in the Labrador trough of northern Quebec. Drill hole ZR11-09 intersected iron formation with an average of 35.64% Fe over 137.00 metres.

Drill hole ZR11-09 was drilled at -50 degrees along a 9 kilometer long airborne magnetic anomaly on the Girard claim group. It was collared in magnetite-rich iron formation at the base of casing at 3.00 metres. Iron contents of individual samples ranged up to a maximum 45.06% Fe, with the previously mentioned average of 35.64% Fe over the 137.00 meter intercept.

A second, narrower zone of iron formation averaging 29.01% Fe of 10.45 metres was encountered 86 metres below the 137 meter intersection.

The dip of the main iron zone in proximity to drill hole ZR11-09, is approximately vertical based on core angles. Drill hole ZR11-09 was collared in iron formation, and therefore did not intersect the full width of the main zone.

The Girard Claim Group encompasses 602 claims with a total area of 28,238 hectares (69,747 acres). The Electromagnetic Survey flown earlier this year over the entire claim group has outlined numerous magnetic anomalies: the aggregate length of all the magnetic anomalies, believed to be caused by magnetite iron formation (with an amplitude over 1,000 nT), is approximately 75 kilometres in length and over 2 kilometres in width.

Drill hole ZR11-09 was the first and only hole to date on a 9-kilometre long anomaly, the longest anomaly from the aggregate of magnetic anomalies mentioned above. Drill hole ZR11-08 was drilled on a separate 5-kilometre long magnetic anomaly approximately 39 km west of drill hole ZR11-09. Drill hole ZR11-08 intersected magnetite iron formation over a core length of 243 metres. Analyses of this hole are expected late in December.

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