Zincore Metals Inc. reported that as a result of the integration of extensive airborne geophysical surveys, satellite image and structural interpretations as well as ground geochemical and geological work it has highlighted new, high profile copper exploration targets on the company's 100%-owned, Accha Zinc Oxide District property, located in the prolific Yauri-Andahuaylas copper district in southern Peru. This exploration work was carried out as part of a copper reconnaissance program that commenced pursuant to a strategic partnership private placement made into the company by First Quantum Minerals on May 10, 2012. Zincore and First Quantum have also formed a joint-venture(i) to explore Zincore's Dolores copper-molybdenum porphyry which is located in the same area.

The geophysical surveys carried out by New Sense Geophysics Ltd., covered all concessions on Zincore's entire AZOD property package of more than 50,000 hectares and consisted of aerial geophysical studies comprising approximately 4,800 line kilometers at 200 metre spacing. In addition the full scope of reconnaissance activities included an airborne magnetometric and spectrometric survey of the 60,000 hectares of the AZOD block of claims plus Dolores area, ASTER multispectral satellite image interpretation, DEM structural interpretation, district geological reconnaissance, partial district stream sediment geochemical survey and partial district soil geochemistry survey. Fathom Geophysics, helped analyze and interpret the airborne geophysical and ground data, as well as the ASTER images and structural model.

The sum total of this work indicates the exploration focus should be at two priority targets: the Laca-Laca Porphyry target and the Larisa Porphyry target. Both of these targets exhibit overlapping magnetic, radiometric, geochemical and geological anomalies that make them first class detail exploration opportunities. Laca-Laca is located approximately 5 kilometres north of Dolores and exhibits magnetic and radiometric anomalies over 5 kilometres.

Copper and molybdenum anomalies have been observed in sediment samples and ASTER images indicate potassium alteration anomalies. A first soil sampling campaign has been completed which covers part of the geophysical anomaly where interesting values of copper and molybdenum were discovered. The geology in this area is similar to that found in the Dolores Project, making Laca-Laca a priority exploration target.