Overview

Zone Resources Inc. (CVE:ZNR) is a junior oil, natural gas, and mineral exploration company based in Vancouver. In March 2011, Zone acquired a 100% interest in the Girard Iron Property, consisting of approximately 7,200 hectares, located in Nunavik, northern Quebec. Zone has other property interests near Bakersfield, California and entered into a agreement with Consolidated Oil and Gas Corp. in December 2009 to explore and develop past producing oil and shale natural gas projects in Overton Country, Tennessee. The Company completed a $425,000 private placement on March 11, 2011.

Chief Property

Girard Iron Property – Nunavik, Northern Quebec

Zone Resources Inc. acquired the Girard Iron Property on March 23, 2011. The iron zones located on the Girard Iron Ore Property are located in the Labrador Trough, a world famous iron ore belt,  northwest of the Lac Otelnuk Project and the Kémag and Labmag projects. The Girard Iron Ore Property has not been subjected to modern exploration methods and only minimal drilling has been carried out in the past. Importantly, the historical results disclosed do not conform to NI 43-101 standards and should only be relied upon for general information purposes.

The Girard Iron Property contains a minimum of 6 zones of iron mineralization that were identified in historic work, completed between 1947 and 1960. The zones of iron mineralization are located over a length of 19 kilometers and a width of up to 5 kilometers. Outcrop is limited and overburden is up to 25 feet (7.6 meters) deep.

The 6 zones of iron mineralization on the property, from south to north, are: the MacDonald, Gagnon, Big Dome, Ball No.1, Ball No. 2 and Girard Lake.

The MacDonald zone was exposed by hand trenching, pitting and small x-ray sized core drilling with holes to a maximum of 100 feet. Trenching, pitting and drilling on the North Zone, where the overburden was the thinnest, extended the iron zone by at least 2,600 feet. Assays from trenches and pits assessed in 1950 ranged from one sample assaying a low of 28.37% iron to a high sample assaying 65.24% iron, with the full range of assays from 4 separate trenches and 13 separate pits.

Ball No. 1 iron zone is approximately 8 km north of the MacDonald zone, in an area of overburden at least 7.6 meters thick. A 1949 analysis of nine samples showed iron content ranging from 28% to 43%. The work done to date consists of 15 test pits covering a length of 800 feet and a width in one place of 600 feet. Between the MacDonald and Ball No. 1 zones are the Big Dome and Gagnon zones. Ball No. 2 zone lies 6 km to the north of Ball No. 1 zone and has eight test pits and trenches over an area of half a mile by half a mile, and reported 35.67% to 45.52% iron in a 1950 analysis.

The Girard Lake zone is 5 km northwest of Ball No. 2 zone and consists of iron formations and magnetite. A 1952 analysis reported preliminary estimates of iron content varied between 60% and 68%. The zone is outlined by pits and trenches in excess of 400 feet, with widths varying from 12 to 40 feet.

Management

Charles Desjardins – President & CEO, Director
Mr. Desjardins brings more than 20 years of public company experience in the areas of finance and public company management. He is the President and CEO of Tandem Capital Group Inc., which was active in the investor relations field during the mid 1990′s. Mr. Desjardins was also the past President of Victory Ventures Inc., which began as a mineral exploration company, and subsequently became Global Investment.Com Financial Inc.. As President and Director of North American Gem Inc. and Solitaire Minerals Corp. Mr. Desjardins has raised over 12 million dollars over the last 3 years.

Michael England – Director
Mr. England has been involved in the public markets since 1983, beginning with CM Oliver & Co., and Richardson Greenshields, later working for RBC Dominion Securities. Since 1995 Mr. England has been involved directly with public companies (including a 3 year stint with Dynamic Oil and Gas, Inc) serving various roles including investor relations, CFO, Directorships and Presidencies. Currently Mr. England is President and CEO of Alix Resources Corp. and Geo Minerals Ltd.

Archie Boyce – Director
Mr. Boyce brings more than 20 years experience in the Mining and Construction Business, from actual hands on Mining and Construction experience to running successful private businesses for over 15 years. Mr. Boyce has been active in the Corporate Management of North American Gem Inc. and Solitaire Minerals Corp. since 2006.

Peter Dickie – Director
Mr. Dickie brings over 20 years of business experience with both public and private companies holding numerous senior management positions.

Gary Purdon – Director
Mr. Purdon has 23 years experience in the Venture Capital Stock markets, working as an investment advisor and in corporate finance with Yorkton Securities from 1985-1995, and at Global Securities from 1995-1998. He has also worked with public and private companies as a consultant, and also in investor relations securing financing.

Doug McFaul – CFO
Mr. McFaul has 17 years experience with companies involved in the public markets. He has acted as a director and held senior management positions with various public companies. Mr. McFaul completed the Canadian Securities Course in 1994. He also obtained a degree in finance from the University of Alaska in 1989.