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(TSX: ZNC) ("Zincore" or "the Company") announcesthat additional early stage work in Chile on the Company's Piren propertyhas identified a second zone of gold mineralization. On August 20, 2008,Zincore announced results from work on a 2.4 kilometer gold shear zonethat had been identified on the property. Subsequent work has outlined aseparate broad five square kilometer area of anomalous gold and arsenicin stream sediments. Exposedoutcrop in the area is limited, but rock chip samples returned up to 5.9grams per tonne gold and a number of artisanal alluvial gold workingsoccur in the area.Zincore has also strengthened its liquidity position through the recoveryof approximately $250,000 of value added taxes that had previously beenpaid in Peru. The Company expects to receive a further $130,000 in valueadded tax rebates from the Peruvian tax authorities during 2009.President and CEO, Timo Jauristo, commented, "With market conditionsremaining uncertain, we continue to limit our spending.

We are in thefavorable position of owning 100 of all our properties and, therefore,are not subject to any earn-in property payments or required workcommitments. Government payments on our key property concessions through2009 total approximately $120,000.""Zincore has advanced and built a solid portfolio of assets with bothdefined reserves and resources and excellent exploration potential. Wewill continue to take the steps to preserve and increase the valueembedded in our assets," added Mr. Jauristo.Qualified PersonVernon Arseneau, P.Geo., Vice President, Exploration for Zincore issupervising the exploration program and is the qualified person asdefined under National Instrument 43-101 for this news release.About ZincoreZincore is a Vancouver-based mineral exploration and development companyfocused on zinc and base metal opportunities in Latin America.

TheCompany's strategy is to become a leading, low-cost zinc producer byrapidly advancing its 100-owned Accha-Yanque belt toward a developmentdecision. Zincore holds 62,000 hectares of concessions in southern Peruand additional properties in Chile and Mexico. The Company's shares tradeon the Toronto Stock Exchange under the symbol ZNC.(1) Bulk Leach Extractable Gold, more commonly shortened to BLEG is ageochemical sampling/analysis tool used during exploration for gold. Alarge quantity of sample (between 2 and 5 kg) is digested or leached withcold sodium cyanide (NaCN) solution (generally 0.1 NaCN). Zincoredoes not assume the obligation to update any forward-looking statements.Contacts:Zincore Metals Inc.Greg MartinVice President and CFO(604) 669-6611(604) 669-6616 (FAX)Email: Website: 2009, Market Wire, All rights reserved.-0-. SEATTLE, WA, Jan 15 (MARKET WIRE) LiveChime (), an innovative online and mobile chatservice for buyers and sellers who use Internet classifieds, auctions andmarketplaces, officially launched today.By including a free, personalized LiveChime link in any classified ad,post or listing, individual sellers can now provide real-time chat toonline shoppers so they can answer questions when interest to buy is atits highest.

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