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actually ZFX gets royalties from the EAFD and Zeehan slags...

  1. 10 Posts.
    actually ZFX gets royalties from the EAFD and Zeehan slags project which is due to commence end 2007 or beg 2008.

    See announcement 25th OCT:
    The Zeehan Slags comprise the century-old 460,000 tonne lead smelter slag dumps resource, grading approximately 13.6% zinc, 1.5% lead, 55g/t silver, with indium and minor copper also present. This corresponds with over 60,000 tonnes of contained zinc, nearly 7,000 tonnes of lead and 780,000 ounces of silver, with a combined in-situ metals value of over A$364 million at today’s metals prices and US$/A$ exchange rate. Zinifex Ltd holds certain contingent co-exploitation rights in relation to the Zeehan Slags for which it is entitled to receive a production-based royalty.
 
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