Zinc One Enters into Surface Access Agreement on the Bongará Zinc-Oxide Project – Results of AGM

Zinc One Enters into Surface Access Agreement with Comunidad Campesina de Yambrasbamba on the Bongará Zinc-Oxide Project and Announces Results of AGM

Zinc One Resources Inc. (“Zinc One or the Company” – Zinc One Resources – http://www.commodity-tv.net/… ) is pleased to announce that it has achieved a major milestone by entering into a five-year surface access agreement (the “Surface Access Agreement”) with the Comunidad Campesina de Yambrasbamba (“CCY”) to permit surface access for exploration and development work on the Bongará Zinc-Oxide Mine and Charlotte Bongara Zinc-Oxide Project.

With the Surface Access Agreement signed, Zinc One will immediately commence the process of updating the environmental baseline study within the framework of the current Environmental Impact Assessment; this study is the key component of the drill-platform permit applications, which are planned to be filed during Q3. Zinc One is now in the process of starting the bid process for various services related to the upcoming drill campaign, which is expected to commence in August 2017.

“Reaching an agreement with the Yambrasbamba community is a major milestone for Zinc One and the Bongará Zinc-Oxide Mine Project. The Yambrasbamba community has previously seen the full gamut of mining – from exploration to construction to operations to remediation – which is extremely rare. They are very knowledgeable and not only understand the economic opportunities it will afford the CCY stakeholders, but have seen the overall minimal impact of mining and the benefits of remediation. We are grateful to have such a supportive community and, if the project moves ahead as we expect, then we see the building of the Bongará Zinc Oxide Mine Project as a win for the community, government and company shareholders,” commented James Walchuck, CEO of Zinc One.

Results of Annual General Meeting

Zinc One is also pleased to announce the results of Zinc One’s Annual General Meeting held on July 13, 2017.
Shareholders voted in favour of all items put forward by the Board of Directors. Shareholders set the number of directors at five and approved the appointment of James Walchuck, Dr. William C. Williams, W. Barry Girling, Greg Crowe and Gunther Roehlig to the Board of Directors.

Shareholders also approved the appointment of Zinc One’s auditors, Charlton & Co LLP, the Company’s rolling 10% stock option plan and the Company’s restricted share unit plan. The restricted share unit plan is subject to the acceptance of the TSX Venture Exchange.

Zinc One also announces that it has granted a total of 1,750,000 restricted share units to James Walchuck, its Chief Executive Officer and director. The grants are subject to the acceptance of the TSX Venture Exchange.

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