Nevada Zinc Corporation reported drill hole assay results for the first 9 drill holes from its Phase 5 drill program at the Company’s Lone Mountain project. The Company has successfully completed its Phase 5 program which included a total of 24 drill holes, completion of additional surface geological mapping and prospecting, completion of some limited geophysical test work and also completion of some additional specific gravity testing of mineralized material. The Company anticipates receipt of assay results for the remaining 15 drill holes over the course of this month. Highlights: Drill hole LM 16-71 intersected significant high grade zinc-lead mineralization over a 22.86 metre interval from 88 metres downhole grading 17.49% zinc and 1.23% lead (18.72% zinc+lead) southwest of the historic mine workings on the Mountain View Mine property; Drill holes LM-16-63, 64, and 65 extend the Discovery zone mineralization down dip in a north to northeasterly direction; Drill hole LM-16-64 intersected a broad zone of zinc mineralization from 184.4 metres downhole that averaged 3.99% zinc and 0.21% lead over 53.34 metres, including a 30.48 metre interval that averaged 5.99% zinc; The Discovery zone zinc mineralization remains untested at depth to the northeast beyond holes LM-16-63, 64 and 65; All zinc and lead mineralization intersected to date on the Project is non-sulphide type mineralization (important in that the mineralization is not a mixture of sulphide and non-sulphide which would complicate the extractive metallurgy process).