YAR 0.00% 0.3¢ yari minerals limited

The original mineral endowment at Plomosa (which was mined for...

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    The original mineral endowment at Plomosa (which was mined for decades at avg 22% Zn eq grade) was over 2M tonnes. There is potential if the offset fault theory proves correct that this same system could repeat along strike. The current deposit being mined now is also open at depth and in multiple directions. There is also 7km of prospective strike with multiple exploration prospects with high grade samples and some with historic mining at 22% grades as well.
    As they start to generate cash flow they can invest more in exploration to expand the current resource in the short term as well as prove up and define the other exploration targets/mining areas.
    The current SOX ore has a 70% recovery rate through the plant and is around 15%Zn + 6% Pb - but there are other zones that are pure sulphide which has a recovery rate of 90+% through the plant and some of the zones have much higher grades - 25%Zn and higher grades of Pb along with it. (see slides there is one that talks of a 30k tone zone at 25% and a 40k tonnes zone at 22%)
    The potential is definitely there for them to grow into a significant producer generating very strong cashflow over many many years.
 
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