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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Stephen O who wrote (1213)1/17/2002 7:14:52 PM
From: tyc:>  Read Replies (1) of 39344
 
Hi Stephen !

You're interested in zinc mines I believe. Are you aware of recent developments concerning Inmet's Izok Lake deposit in Nunavut?

In the recent Kinross webcast about its exploration ventures, in the section about Goose Lake, they mentioned that the C$6 million technical feasibility study of a road and port system to open up Izok Lake, is expected to be completed by April of this year. They don't spend that kind of money without serious intent !

As I recall, Izok has 16.5 M tonnes of 2.2% copper, 11.4% zinc and 60 grams Ag. mineable by open pit. A pre-feasibility study was completed before the project was shelved because of lack of infrastructure.
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