Plomosas, Chihuahua_Initial JORC Resource Confirms High Grades for Zinc, Lead

http://www.consolidatedzinc.com.au/wp-content/uploads/2016/12/201116-Initial-JORC-Resource-Confirms-High-Grades.pdf

The release of Consolidated Zinc’s maiden Mineral Resource last week has confirmed the company is on course towards future production plans. The resource estimate reported an indicated and inferred resource of 568,000 tonnes at 16.9 per cent combined zinc and lead. The high grades and relative ease of access from within the existing mine infrastructure indicate a relatively short timeline to production once sufficient additional tonnes are identified. The estimate, independently completed by Runge Pincock Minarco Limited (RPM) in accordance with the JORC (2012) reporting guidelines, also reported 28.4g/t silver, with 96,000t of contained Zn + Pb metal in both Indicated and Inferred categories. The Mineral Resource comes from the extensions both down dip and down plunge from the existing mine development and also includes the 2015 discovery of mineralisation at Tres Amigos.

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