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Zinco Mining Corp.: Potential Bulk Tonnage Silver Rich VMS Mineralization Intersected in two drill Holes at the San Juan Deposit in Mexico

Zinco Mining Corporation (“Zinco”) is pleased to report that it has received and interpreted the assay results for drill holes ZIM 3 and ZIM 4, the first two holes drilled on the San Juan mineralized zone during the recently completed reverse circulation drilling program at the Company’s 100% owned Cuale VMS camp near Puerto Vallarta, Mexico.

These initial results appear to confirm the bulk tonnage potential of silver rich VMS style mineralization of the San Juan prospect. As has been previously reported in press release 2008.05, a total of 1590 meters in nine drill holes were completed in the main deposit area and 476 meters in 3 holes were drilled to test soil geochemical anomalies within one kilometer of the main San Juan mineralized area. The San Juan prospect was historically mined for silver on a small scale and the old workings consist of an adit and several open cuts.

Drill hole ZIM 3 was drilled westerly at - 65 degrees and intersected silver mineralization over a width of 149 meters starting at 18.36 meters downhole and continuing to the end of the hole at 167.28 meters. The deposit appears to be zoned from silver rich, low sulphide mineralization at the top of the hole, to sphalerite and galena dominant mineralization further downhole. Specifically, a 28.5 meter interval from 23.46 meters to 52.02 meters downhole assayed 85.87 g silver/t, 0.24% lead, 0.05% zinc, 0.02% copper and 0.69% barium. This intersection excludes a 3.06 meter interval between 20.4 meters to 23.46 meters which was previously mined out.

This silver rich cap overlies a 79.56 meter interval from 52.02 meters to 131.58 meters that assayed 47.36 g silver/t, 0.90% lead, 1.8% zinc, 0.02% copper and 0.06 g gold/t. From 131.58 meters to the end of the hole at 167.28 meters the mineralized rock consists of lower grade material with average values of 3.5 g silver/t, 0.07% lead, 0.24 % zinc, 0.01% copper and 0.06 g gold/t.

Drill hole ZIM 4 was drilled easterly at an angle of – 50 degrees from the same platform as ZIM 3. From 51.0 meters to 57.12 meters a 6.12 meter interval of silver and base metal mineralization assayed 68.8 g silver/t, 2.68% zinc, 0.56% lead, 0.16% barium and 7.5 ppm copper. Further downhole from 73.44 meters to 127.5 meters a 54.06 meter interval of disseminated sphalerite, galena and pyrite mineralization was intercepted which returned average assay values of 7.2 g silver/t, 1.38% zinc, 0.02 % copper, and 0.34% lead.

Geological modeling implies hole ZIM 3 intersected the main mineralized zone over a true width of 112 meters and hole ZIM 4 intersected it over a true width of 48 meters. Together these two intersections indicate this significant thickness of near surface zone mineralization has an approximate strike length of 200 meters and is open.

Mineralization in these holes consists mainly of sphalerite, galena and minor pyrite. Copper and silver occur in dark grey sulfosalts, but chalcopyrite is notably absent. The best silver grades occur at the contact of a flow-banded rhyolite dome with an easterly dipping rhyolite quartz-crystal tuff ignimbrite horizon. Geochemical mass transfer calculations and petrographic studies imply that base-metal dominant mineralization in the dome is characterized by about 12% sericite and 10% talc alteration, and silver rich mineralization in the overlying tuffs is associated with about 25% sericite alteration with 1 to 3% talc. Chlorite alteration (intercepted other holes) occurs peripheral to and below ore-grade mineralization. The alteration vectors modeled at San Juan imply that the alteration and mineralization strengthens to the west. Further drilling is planned in that direction.

Results Table for RC holes ZIM 3 and 4

Please find the results under the following link: http://www.irw-press.com/dokumente/Zinco_table_270808.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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