Click to access 050917-Plomosas-Approaches-One-Million-Tonnes-as-Zn-Hits-10-Year-High.pdf
A CONFIRMED 70 per cent increase in zinc resource means Consolidated Zinc has moved significantly closer to achieving a million tonnes at the Plomosas Project in northern Mexico.
The revised high-grade JORC Resource of 968,000 tonnes at 15.9 per cent Zn+Pb for 154,000 tonnes of contained metal (see ASX release) remains open in almost all target zones.
“The increase in resource will underpin our plans to fast-track initial production for short-term cash flow,” Consolidated Zinc Managing Director Will Dix said.
“Combined with the outstanding metallurgical results from Tres Amigos, these results suggest there may be sufficient tonnage to support initial mining at Plomosas – and will form the basis of the Scoping Study.”