Zincore Metals Inc. reported assay results from Holes DOL-12 and DOL-13, the second and third holes drilled under a joint-venture with First Quantum Minerals formed to explore the company's 100%-owned, Dolores copper-molybdenum porphyry property located in the prolific Yauri-Andahuaylas copper district in southern Peru. Highlights from these results include: 0.17% Cu Eq over 584.7 metres in Hole DOL-12, including 0.26% Cu Eq over 143 metres, 0.35% Cu Eq over 36.4 metres, 0.40% Cu Eq over 10 metres and 0.31% Cu Eq over 45.8 metres. The results from Hole DOL-13 are also significant.

The company has cut anomalous copper values associated to mineralized diorite porphyry dikes at just over 600 metres depth. This is significant as DOL-13 is located at approximately 600 metres higher in elevation and 2.7 kilometres to the north of DOL-12, where the company found similar mineralized porphyry with higher copper grades. The results from DOL-13 indicate that the vast space between Holes DOL-12 and DOL-13 may harbour additional targets under cover.

Extensive geophysical surveys completed at the end of 2010 indicate many anomalies and excellent targets in the central and northern areas of Dolores, especially between Holes 12 and 13. However, drill results for Holes DOL-1, DOL-3, DOL-4 and DOL-5 yielded very little positive news. This latest information from DOL-13 indicates that the company may need to drill deeper and re-orient the angles of the company drills to better explore this very large and obviously prospective area.

Copper Equivalent Total calculated using TD Securities long term prices of USD 2.75/lb. copper and USD 15.00/lb. molybdenum.

Metallurgical recoveries and net smelter returns are assumed to be 100%. Hole DOL-12 intercepted copper and molybdenum mineralization over 584.7 meters. The mineralization is hosted within porphyry quartz diorite, which is cut by another mineralized porphyry quartz monzonite.

DOL-12 is the southern-most drill hole location to date and is located about 300 meters south of the DOL-11, the next nearest hole location to the North which is also mineralized. Mineralization is open to the west and south. Hole DOL-13, intended as a deep exploratory probe, met its goal of intersecting at depth what had been interpreted as mineralized quartz diorite porphyry dikes with quartz chalcopyrite veinlets at the contact between the barren tonalite porphyry and quartzites, although cutting only anomalous copper values.

DOL-13 is located 2.7 kilometres north of DOL-12, where copper and molybdenum mineralization was found in same quartz diorite porphyry but in higher grades. The Company has also now completed drilling holes DOL-14, DOL-15 and DOL-16, as well as surface work in Trench 3, and is awaiting assay results. Drilling has also begun at Hole DOL-17.