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Evaluating and Acquiring Oil, Natural gas, and Mineral Properties for Exploration and Development, including several Iron Ore Properties in the Labrador Trough
Message: Zone Resources Inc. Appoints New Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2012) - Zone Resources Inc. (TSX VENTURE:ZNR)(FRANKFURT:7ZR) (Zone) reports that the company has appointed Dr. Colin Bowdidge and Mr. Francois Labelle to the board of directors.
Dr. Colin Bowdidge has a degree in geology and mineralogy from the University of Cambridge and a Ph.D. in geology from the University of Edinburgh. He has over 35 years of practical experience in mineral exploration, discovery and mine development. Based in Canada, he has also handled projects in Europe, Latin America, Africa and the United States. He has initiated, managed and executed mineral exploration programs for gold, uranium, base metals, ferrous metals and industrial minerals including graphite, wollastonite, calcite, muscovite, tremolite, garnet and kyanite.
Mr. François Labelle completed an honours degree in Law from Carleton University in 2008. Since then, he has been involved in the public and private sector in Vancouver working with several publicly traded companies.
Zone also reports that Mr. Peter Dickie has resigned as a director of the Company. The Company would like to thank Mr. Dickie for all his contributions to date.
About Zone Resources Inc.
Zone Resources Inc. is a Canadian Iron exploration and development company with 4 major projects situated in the Labrador Trough of Quebec, Canada. The properties are near Adriana Resources' Lac Otelnuk Project and New Millennium's Kemag and Labmag Projects. The Company's shares trade on the TSX Venture Exchange under the symbol ZNR and on the Frankfurt Exchange under the symbol 7ZR.
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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