Please find below, for your information, an excerpt from the Metals Morning Note (of Tuesday, July 15, 2008) issued by Salman Partners of Vancouver, B.C.
Regards,
Mantle Resources Inc.
TSX.V: MTS; Frankfurt: A0F7E1
Recently, Mantle announced an initial 43-101 compliant inferred resource estimate for the Cardiac Creek zinc-lead deposit on its 100-per-cent-owned Akie property (British Columbia, Canada). At a zinc cut-off grade of 5 per cent, the deposit contains 3.95 billion pounds of zinc, 780 million pounds of lead and 8.95 million ounces of silver. The deposit remains open in all directions.
Mantle also owns an extensive Regional Property package (100% owned) in the Kechika Trough which will be the focus of a district scale exploration program.
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Commodity News
��Our longer-term outlook for zinc prices is bullish: 2010 should see the beginning of a parade of declines in mines�� grades and of outright mine exhaustions, led by Xstrata PLC��s Brunswick mine in New Brunswick, which is scheduled to shut down in February 2010. We consider that this move, and subsequent shutdowns of other exhausted mines, should push zinc markets into a deficit. With little new mine capacity coming on stream and China continuing to be a net importer of zinc, we do not see any end to the deficit.��
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Canada Zinc Metals Corp
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EXPLORATION STAGE |
CODE : CZX.V |
ISIN : CA5646131071 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Canada Zinc is a zinc exploration company based in Canada. Its main exploration properties are KECHIKA and AKIE (CARDIAC CREEK) in Canada. Canada Zinc is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 49.6 millions as of today (US$ 38.5 millions, € 32.2 millions). Its stock quote reached its highest recent level on January 14, 2011 at CA$ 0.83, and its lowest recent point on April 15, 2016 at CA$ 0.10. Canada Zinc has 159 930 000 shares outstanding. |