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AllPennyStocks.com News: Peru Government Lifts Mine Suspension at Zinc One Project

 

Mississauga, ON -- (SBWIRE) -- 08/29/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Peru Government Lifts Mine Suspension at Zinc One Project."

Companies mentioned in this article include Zinc One Resources Inc. (TSX-Venture:Z) (OTCPK:ZZZOF).

Article Excerpt:

Last week, zinc prices hit a 10-year high on the back of global demand continuing to increase, creating concerns about a shortfall in supply in the future. Analysts expect upward pressure to remain on prices going forward.

With that backdrop, Vancouver's Zinc One Resources Inc. (TSX-Venture:Z) (OTCPK:ZZZOF) is taking the steps to be a producer in the future, putting a plan in effect late last year to acquire zinc projects in mining-friendly jurisdictions with the potential to be brought into production in the near-term. The first step in executing the strategy was acquiring Forrester Metals in June, bringing the BongarĂ¡ Zinc-Oxide Project in Peru into its portfolio. The project used to be comprised of two, separate, but adjacent assets, the BongarĂ¡ Zinc-Oxide mine and the Charlotte BongarĂ¡ Zinc-Oxide Project, which Zinc One immediately consolidated into one project by exercising options on each.

The full version of this article can be found at: http://www.allpennystocks.com/aps_ca/special-reports/770/peru-government-lifts-mine-suspension-at-zinc-one-project.htm

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