11:52 AM EST - Zincore Metals Inc : reported that it has entered into a strategic partnership with First Quantum Minerals Ltd. Under the terms of a binding Memorandum of Understanding ("MOU"), First Quantum's wholly-owned subsidiary, FQM (Peru) Ltd will make a strategic investment in Zincore via private placement for 19,113,874 common shares at $0.20 per share and fund the advancement of Zincore's Dolores copper porphyry project through exploration and, if warranted, development and production. The Dolores project is located in the prolific Yauri-Andahuaylas Copper District of southern Peru, approximately 40 kilometres from the Haquira deposit, which First Quantum is currently developing. Zincore Metals Inc
shares T.ZNC are trading down $0.005 at $0.20.
