TORONTO, ON / ACCESSWIRE / March 6, 2015 / Nevada Zinc Corporation (TSXV: NZN) (the "Corporation") announces the completion of a vertical amalgamation between Goldspike Exploration Inc. and its former wholly-owned subsidiary Nevada Zinc Corporation. The common shares of the Corporation are listed under the stock symbol "NZN" on the TSX Venture Exchange. The CUSIP number assigned to the common shares of Corporation is 64151W102. The corporate website for the Corporation is www.nevadazinc.com.
"Our new brand better reflects the exciting potential of our flagship, 100% owned Lone Mountain zinc project in Nevada, which was recently ranked as one of the world's top-ranked jurisdictions for mining," said Bruce Durham, President and CEO of the Corporation. "Nevada Zinc is one of the very few junior companies that offers investors a pure-play exposure to rising zinc prices. Both the robust outlook for zinc and our early exploration results gives us confidence that Lone Mountain will be a focus discovery project in 2015."
About the Corporation
The Corporation is a junior mineral exploration company focused on defining a zinc resource at its 100% owned Lone Mountain project located near Eureka, Nevada. The Corporation's Lone Mountain claims completely surround a past-producing zinc property. The Corporation also holds interests in mineral claims in Yukon.
For further information contact:
Bruce Durham, P. Geo
President and CEO
Nevada Zinc Corporation.
4 King Street West, Suite 1500
Toronto, Ontario
M5H 1B6
Office: 416-504-8821
bdurham@nevdazinc.com
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 of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Forward-Looking Statements and Information: The forward-looking statements contained in this document are based on certain key expectations and assumptions made by the Corporation. Although the Corporation believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the failure to obtain necessary regulatory approvals or satisfy the conditions to change the name of the Corporation, risks associated with the precious and base metals industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures, the uncertainty of reserve estimates, the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price and exchange rate fluctuations and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Certain of these risks are set out in more detail in the Corporation's most recent Management Discussion and Analysis which have been filed on SEDAR and can be accessed at www.sedar.com. The forward-looking statements contained in this document are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
SOURCE: Nevada Zinc Corporation