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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (23429)	10/25/2006 1:49:23 PM
From: Mr. Aloha	Read Replies (3) of 78419

RDV's web site shows Measured & Indicated resources of 5.38 million tonnes of 6.73% zinc: redfern.bc.ca Did they increase that to 10 million tonnes and not update the web site, or are there resources elsewhere? Their preliminary feasibility update last year showed the project wasn't economically viable: theminingnews.org "In its current state, the mine cannot be financed, according to Redfern officials. The preliminary results of a feasibility update begun in late winter show high construction and operating costs and a reduced mineral resource estimate." With the zinc price tripling since then, the economics should look much better. We should find out in the next few months if their new feasibility study is successful. Good luck. It will be interesting to see in the next few months if the feasibility study updates from the high-cost zinc projects of Yukon Zinc and Redfern are successful enough to be able to secure financing and move to production.

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