TIDMHOC 
 
RNS Number : 1311I 
Hochschild Mining PLC 
05 March 2010 
 

 
 
 
________________________________________________________________________ 
 
 
5 March 2010 
                             Sale of Zincore shares 
 
Hochschild Mining plc ("Hochschild") announces that it has sold its 36.9% 
holding in Zincore Metals Inc ("Zincore") for a total cash consideration of 
C$10.3 million. As a result of the transaction, Hochschild has no further 
interest in Zincore. 
 
The Company acquired ownership of 38,100,000 common shares of Zincore, a listed 
mining exploration company with projects in southern Peru,as a result of its 
purchase of Southwestern Resources Corp in May 2009. Hochschild has disposed of 
its stake as it does not constitute a core asset for the Company. 
 
Executive Chairman, Eduardo Hochschild purchased Hochschild's 36.9% stake in 
Zincore at a price of C$0.27 per share representing a 11.6% premium over the 20 
day average closing price. The shares were purchased through an investment 
vehicle, Inversiones Pacasmayo SA, for investment purposes and Eduardo 
Hochschild may choose to acquire or dispose of Zincore shares in future. Mr 
Hochschild did not previously own Zincore shares. 
 
The disposal was approved on behalf of the Hochschild board by a committee 
comprising solely independent Non-Executive Directors ("the Independent 
Committee").  The Independent Committee has been advised by Canaccord Adams 
Limited that the terms of the disposal are fair and reasonable as far as 
shareholders are concerned. 
 
Enquiries: 
Hochschild Mining plc 
Isabel Lütgendorf 
                                   +44 (0)20 7907 2934 
Head of Investor Relations 
 
Finsbury 
Robin Walker 
                                   +44 (0)20 7251 3801 
Public Relations 
 
About Hochschild Mining plc: 
Hochschild Mining plc is a leading precious metals company listed on the London 
Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, 
mining, processing and sale of silver and gold. Hochschild has over forty years' 
experience in the mining of precious metal epithermal vein deposits and 
currently operates four underground epithermal vein mines, three located in 
southern Peru, one in southern Argentina and one open pit mine in northern 
Mexico. Hochschild also has numerous long-term prospects throughout the 
Americas. 
 
Disclaimer 
Canaccord Adams Limited, which is authorised and regulated by the Financial 
Services Authority  ("FSA") , is acting exclusively for the Independent 
Committee and no-one else in relation to the disposal and will not be 
responsible to any person  (whether or not a recipient of this announcement) 
other than the Independent Committee under the Financial Services and Markets 
Act 2000 , the rules of the FSA or otherwise for providing the protections 
afforded to its clients or for any matter concerning the disposal or for 
providing advice in relation to the disposal or in relation to the contents of 
this announcement or any other transaction, arrangement or matter referred to 
herein. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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