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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn -- Ignore unavailable to you. Want to Upgrade?


To: chevalier who wrote (71)2/11/1999 3:20:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 3270
 
Ari,

Resources are growing at FOM...approaching 14M tons 6% zinc. Looks really interesting. A lot of following.

One that has been sleeping for years and that has a very good resource and all the infrastructure (plant build in the 80's by the Hunt people I think) in place is San Andreas (SAO).. I am not quite sure why it is idle. Guess there is something wrong with the location of this thing.

CC



To: chevalier who wrote (71)2/11/1999 3:32:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 3270
 
Oh Ari,

Forgot to mention Manhattan Minerals with Tambo Grande....42M tons of 2% copper, 1.5% zinc, 1 opt silver..some gold... with possibilities of much more tonnage. Could be interesting.

But in all this, Ari..if zinc prices soar...methink we should be looking at the producers..No?..or at least very soon to be producers.

CC



To: chevalier who wrote (71)2/12/1999 2:22:00 AM
From: jack hampton  Read Replies (1) | Respond to of 3270
 
Ari...I know a fair bit about Foran's deposit.

I looked at a previous study on it to see if the eyes could be picked out of it (high graded) for fast payback. However, grade is quite uniform across the deposit. It needs zinc much greater than $C0.60 to fly and a deal with HBM and S. Capital could be kept low if they access by decline and perhaps shipper feed to Flin Flon concentrater (70 km or so) but still the numbers don't add up. Current drilling is mostly infill I believe. Very hard to miss that tabular orebody.