Nevada Zinc Corporation

12:35 PM EST - Nevada Zinc Corporation : Announced that majority-owned Generic Gold Corporation has provided the Company with an update on exploration activities completed at the Goodman and Seattle projects, approximately 40 kilometres northwest of Mayo and immediately southwest of Victoria Gold's Eagle Gold project, Yukon Territory. The Company owns 25 million shares (approximately 75% of the issued and outstanding shares) of Generic Gold. Nevada Zinc Corporation shares (V.NZN) are trading unchanged at $0.21.