.........based on 52c/lb long term zinc priceThis is a partial...

.........based on 52c/lb long term zinc price

This is a partial extract from page 15 of zinifex’s presentation released on the ASX today. It ranks the value of known zinc projects in USD. Mehdiabad is number one known project in the world.
It shows that zinifex know exactly where UCL’s project ranks in size and this is not just company hype or ramping from biased shareholders and UCL HC posters.


Dugald – Ranks well among peers

Value Ranking of Global Zinc Resource Projects

Project Location Value ($bn) Value ($/t)
Mehdiabad Iran 23.6 106
Red Dog (District) USA 19.0 198
Kholodnenskoe Russia 18.0 54
Mt Isa Super Pit Australia 17.5 75
Lanping Phase 2 China 15.2 103
Ozernoe Russia 11.5 91
Gamsberg Sth Africa 10.8 74
Howards Pass Canada 8.6 75
San Gregoria Peru 8.5 123
McArthur River Australia 8.0 199
Dugald River Australia 7.7 161
Ambler USA 5.8 160
Neves Corvo Portugal 4.7 94
Cirque Canada 4.5 122

Ranked on resource value in
US$ billions in-situ at long term
Zinc US$1,150/t (52 c/lb)
Lead US$570/t (26 c/lb)
11th largest in-situ value, but..
4 projects in high risk location
and, 3 projects with low $/t
5th highest resource value/t
If Dugald cannot be developed
economically – how will the zinc
concentrate deficit be filled?