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20.01.2009
Zinco Mining Corp.: FINAL RESULTS FOR THE 2008 DRILL PROGRAM, CUALE VMS CAMP, JALISCO, MEXICO


Zinco Mining Corp.: FINAL RESULTS FOR THE 2008 DRILL PROGRAM, CUALE VMS CAMP, JALISCO, MEXICO

Zinco Mining Corporation (“Zinco”) reports that it has received and interpreted the remaining analytical results for all 33 reverse circulation drill holes on the Company’s 100% owned mining licenses in the Cuale VMS camp near Puerto Vallarta, Jalisco Mexico. Results for Holes ZIM1 to ZIM10 from the San Juan prospect were released in September of 2008 (NR 2008.08). The remaining holes are from Jesus Maria-Patrocinio and Naricero. A complete list of significant intercepts is tabulated at the end of this News Release.

Overall highlights from the 2008 drilling campaign are 202.98 meters of 92 g/t silver, 0.93% lead and 0.43% zinc from Hole ZIM9 in the San Juan prospect and 16.32 meters of 9.58% zinc, 2.59% lead, 0.39% copper, 21.5 g/t silver and 0.11 g/t gold from Hole ZIM30 in the newly discovered Caracol Horizon, located under the previously mined Jesus Maria-Patrocinio VMS horizon.

Other results from the Caracol Horizon include 4.39% zinc, 1.67% lead, 0.12% copper and 4.7 g/t silver across 16.32 meters from Hole ZIM19 and 5.03% zinc, 0.06% lead, 0.19% copper and 5.6 g/t silver across 16.32 meters from Hole ZIM16. A three point solution solved on the top of these intercepts yields a calculated orientation of 054º/28º SE, which is within the range of bedding orientations calculated on the top of an argillite marker bed. The implication is that the Caracol Horizon is stratiform, and has dimensions of at least 200 meters along strike, 50 meters down-dip and 16 meters wide between these three drill holes. At the camp scale, the Caracol Horizon correlates to the Naricero Horizon which was mined in the mid-1980's, and occurs 1.4 kilometers southwest of the Jesus Maria pit on the west side of the Corazon canyon.

One important conclusion of the analysis is that geochemical work completed by ACME, done using a hot 4-acid digestion, yielded reasonably quantitative measurements of K, Na, Ca, Mg, Ti, Zr and Fe that were used to map mass changes related to hydrothermal alteration using the single-precursor method of MacLean and Barrett (1993). Calculated results were cross-checked by microscopic examination of the mineralogy of the drill cuttings. In the Zinco drill holes, major elements added to the hydrothermal system are Mg, K and Fe as well as Si, whereas Na and Ca have been largely removed. Mg is added to the system as chlorite or talc, feldspar is sericitized by exchanging Na for K, and Fe is added in sulfide and possibly in chlorite.

The strongest alteration occurs in San Juan and Jesus Maria deposits. Specifically, the sericite-talc core of San Juan has mass changes of up to 9.1 g per100 g for potassium and 4.8 g/100 g for magnesium across 123.4 meters (ZIM9). The Caracol horizon is strongly sericitized with values of up to 8.3 g/100 grams for potassium across 16.32 meters. At Naricero, the strongest result was 1.5 g per100 g for potassium and 3.8 g/100 g for magnesium across 1.02 meters. In all three areas, (mostly) uneconomic chlorite-sericite alteration occurs in the footwall below or peripheral to the massive sulfides.

At Naricero, Zinco did not intercept the ore horizons as expected in Hole ZIM28 as they were mined out iin the area drilled. However, from 73 historic intercepts, the average grade of the Naricero ore was 298.4 g/t Ag, 0.58 g/t Au, 4.1% Zn, 1.6% Pb and 0.11% Cu across an average width of 3.5 meters.

Recommended follow-up work in the Cuale District includes 8675 meters of additional drilling in 40 diamond core holes to explore and upgrade the Caracol and San Juan discoveries to NI43-101 compliant resource estimates in 2009, as well as to explore the gold and base metal potential of the newly defined Grandeza Horizon (New Release NR 2008.8).

Potentially economic RC drill hole intercepts from the 2008 Cuale drilling campaign. Zones marked with * are mined out. Intercepts from Hole ZIM1 to ZIM10 were published in News Release 2008.08

Please find the results under the following link: http://www.irw-press.com/dokumente/ZIM_Table_150109.pdf

Qualified Person/Analytical Procedures

Information contained in this announcement has been reviewed by Michelle Robinson (MASc., P.Eng), Director of Zinco Mining Corporation. Ms. Robinson has 16 years experience in base metals exploration and geochemistry and is the Qualified Person in charge of Zinco’s exploration programs.

Reverse circulation drill cuttings were collected at 1.02 meter intervals, and a 1 to 2 kilogram split was prepared using either dry or wet splitting methods at the drill site. Blind standard and blank sample pulps were inserted into the sample stream for analytical control. The splits for assay were securely packaged and sent via Transportes Castores to ACME Analytical Laboratories Mexico S.A. de C.V. in Guadalajara, Jalisco, Mexico for sample preparation. Back-up samples were X-rayed using a handheld Niton XRF analyzer then stored on-site. At ACME’s preparation lab, the samples were crushed and pulverized to 200 mesh, and prepared pulps were couriered via DHL Express to ACME Analytical Laboratories Ltd. at 1020 Cordova St. East, Vancouver, B.C. V6A 4A3, Canada. Thirty gram splits were assayed for gold using fire assay fusion Au by ICP-ES. Base metals, silver and other trace and major elements were analyzed using 0.5 grams of pulp in a 4 acid digestion and combined ICP-ES and ICP-MS methods.

Further detailed information about the Jalisco VMS project and the Cuale camp can be reviewed on Zinco's website www.zincomining.com

ON BEHALF OF THE BOARD,

Christopher Graf P.Eng.,
PRESIDENT & CEO

Certain information regarding the company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



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