TZN terramin australia limited.
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Angus Zinc mine re-opening

  1. m0ngy
    10,075 Posts.
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    30/06/14
    08:30
    Post #: 13586886
    Zinc prices have now rebounded to the point where the Angus Zinc mine is profitable again and is under review for re-opening.

    The Angas Zinc Mine has an existing Indicated and Inferred Resource of 1,200,000 at 5.8% Zinc and Lead which is located adjacent to existing mine workings. There is potential for additional near mine resources through exploration on the mining lease Terramin is reviewing options for reopening with the strengthening zinc price and investigating the feasibility of utilising the Angas processing and tailings facilities for the treatment of high-grade gold ore from the Bird-in-Hand Project, approximately 35 km to the north.
    TZN Price at posting: 3.9¢ Sentiment: None Disclosure: Unspecified
    IBG Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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