Zinc One Resources Inc focuses on mining and activities with particular focus on lustrous bluish-greyish metal.
The firm, formerly Rockridge Capital Corp, is listed on TSX Venture Exchange under ‘Z’ ticker.
The zinc mining firm’s core activities include extraction, acquisition, development, and exploration of the metal.
The company’s portfolio comprises of two zinc properties in north-central Peru: Bongará Zinc Mine Project and Charlotte-Bongará Zinc Project.
Bongará Zinc Mine Project was in operations at production stage during the period of 2007-2008 but was closed down due to fallen zinc prices and financial crisis of 2008, the zinc miner claims.
It further adds that the historic mine earlier produced more than 20 per cent surface and near-surface zinc oxide minerals with 90 per cent recovery.
The high-grade zinc oxide mineralization is domiciled between Charlotte-Bongará Zinc Project and the mining area that is north northwest and where several previous drilling targets were intercepted, the firm claims.
The project resources include:
• an indicated mineral resource of approximately 822,000 tons of zinc at 18.8 per cent grade
• Nearly 1.33 million tons of inferred mineral resource.
Zinc One Resources Inc has exploration and mining operations in Peru, Africa, and Canada. The company aims to acquire more projects in future to expand its exploration and development operations.
In a press release dated October 13, 2021, Zinc One Resources Inc entered into an agreement with InCoR Holdings Limited to set off the outstanding loan in consideration for Zinc One‘s stake in Forrester Metals Inc.
Forrester Metals Inc indirectly owns the exploration and development company’s principal assets through its Peruvian subsidiaries. These two projects are Charlotte-Bongará zinc project and namely Bongará zinc mine project.
The Vancouver-based zinc exploration and mining company is listed on Over-The-Counter (OTC) Pink Market, where its common stocks trade under ‘ZZZOF’ ticker. In addition, on the Frankfurt Stock Exchange its trading symbol is ‘RH33’.