Corporate Update

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/25/12 -- Zincore Metals Inc. (TSX:ZNC)(LMA:ZNC) ("Zincore" or the "Company") reports it has accepted the resignation of Mr. Vernon Arseneau, Vice President, Exploration. Mr. Arseneau has left the Company to pursue other business interests.

Zincore President and CEO, Jorge Benavides commented, "Vern made significant contributions toward advancing our project portfolio since he joined the Company in 2006 and we wish him the best of luck in his new ventures. While we search for a new candidate to lead our exploration activities, our team on the ground in Peru will continue to advance our planned work programs."

About Zincore

Zincore is a Vancouver-based mineral exploration company focused mainly on zinc and related base metal opportunities in the Americas, namely Peru, Mexico and Canada. The Company's common shares trade on both the Toronto and Lima Stock Exchanges under the symbol ZNC. For more information, please see our website at www.zincoremetals.com

Forward-looking Statements: Statements in this release that are forward-looking are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Annual Information Form of Zincore dated March 19, 2012 which is filed with Canadian securities regulatory authorities and available on SEDAR (www.sedar.com). Such information contained herein represents management's best judgment as of the date hereof based on information currently available.