Zinc had a lot of attention on this website at one point. but now?

Kootenay Zinc arranges site visit to evaluate Sully property
PR Newswire - Thu Feb 22, 12:00AM CST
VANCOUVER , Feb. 22, 2018 /PRNewswire/ - Kootenay Zinc Corp. (the "Company" or "Kootenay") (CSE: ZNK; OTC: KTNND; FRA: KYH1)


The Company is currently arranging a site visit, in which management will be evaluating the Company's property asset and deciding on future exploration programs on the Sully property. Following the site visit, the company will provide an update on the details on the exploration program on the property.
The company would also like to announce that it has engaged JCN Capital Corp. to develop and execute a comprehensive public relations and investor communications plan to help raise awareness of the company over a 12-month renewable term.



JCN Capital is a premier investor relations consulting firm, specializing in resource and technology companies. It specializes in undervalued emerging growth companies looking to create market awareness through its large audience made up of financial advisers, analysts, fund managers, media contacts and private individual investors throughout North America and Europe .



The consultant is expected to increase exposure to industry stakeholders and investors. JCN will be responsible for providing advice to the company with respect to corporate development, developing a strategic marketing plan to increase investor awareness, producing and distributing effective communication tools, communicating with current and potential investors, and rendering general counsel on corporate communications and marketing.



Under the renewable agreement, the company has agreed to pay JCN a monthly fee of $4,000 for a 12-month term. The agreement is cancellable by either party on 30 days notice after three months. The agreement may be renewed on mutually agreeable terms thereafter.

ZINC
Zinc prices reached a decade high in August 2017 and have continued to trade above the $3,000-per-tonne level since then. There is now tremendous excitement in the zinc market with prices up ???over 21% since January . Supply worries and a strong Chinese demand outlook supported the base metal’s rapid price rally.


Base metals are near multiyear highs amid solid trade data that shows China, the world’s top user, continuing to gobble up commodities while also increasing exports last month signaling healthy demand elsewhere. Prices are also getting support from the dollar’s selloff, which is making metals cheaper for major consumers outside the U.S., such as China.According to the International Lead and Zinc Study Group, global refined zinc metal production is forecast to fall by 1.4 percent this year, to 13.53 million tonnes.?????????


The resulting squeeze in zinc supplies has particularly affected China, which is both the world’s largest zinc consumer and its largest producer, with 4.9 million tons of output in 2015. Chinese manufacturers are now being forced to import zinc for use in cars, household appliances, paints, rubber products and smartphones.
More than 13 million tons of zinc was produced in 2013 worldwide. Sixty percent of this is used for galvanizing to protect steel from corrosion thus prolonging the service life of steel products significantly.


Approximately 15% goes into the production of zinc base alloys, mainly to supply the die casting industry, 14% goes into the production of brass and bronze and 8% into the production of compounds including zinc oxide and zinc sulfate. The remainder is zinc alloys, mainly rolled, utilized in semi-manufactured applications including coinage and architectural applications..


These first-use suppliers then convert zinc into in a broad range of products. By far the largest application area is construction with 45% of all first-use zinc products used in this area. The transportation sector consumes 25% of global zinc consumption and consumer goods – including electrical and electronic appliances – accounts for 23%. The remaining 7% is used for the manufacture of industrial machinery.

KOOTENAY ZINC PROVIDES MARKET ACTIVITY UPDATE
Vancouver, Canada, February 8, 2018 – Kootenay Zinc Corp. (the “Company” or “Kootenay”) (CSE: ZNK; OTC: KTNND; FRA: KYH1) wishes to make the following statements regarding recent market activity in its common stock traded on the OTCQB marketplace.


On February 6, 2018, the Company was notified by the OTC Markets about certain promotional activities in relation to the Company's common shares, including certain promotional newsletter emails. The Company had engaged Awareness Consulting LLC on January 22, 2018 to provide advertising services. Until being informed by OTC Markets of the promotional material, the company was unaware of the promotional activity and is unaware of the full nature of the promotional activity and the extent of the dissemination.


Following the Company’s January 31, and February 2, 2018 news releases the trading volumes on the OTCQB increased, and the Company attributes the majority of any increased trading volumes on the OTCQB to the contents of its January 31, 2018 and February 2, 2018 news releases and the Company’s change in management and ability to finance the Company. The Company’s primary market is the Canadian Securities Exchange and its trading volume on the OTCQB was previously lower volume.


After inquiry, the Company confirms that its officers, directors or its controlling shareholders (i.e., shareholders owning 10% or more of the Company's securities) have not, directly or indirectly, authorized or been involved in any way with the creation or distribution of promotional materials.
After inquiry, the Company believes the promotional material to have been distributed by Awareness Consulting Network LLC, without the consent or knowledge of the company.


The Company engaged Awareness Consulting Network to provide certain advertising and communication services for the company, but such services expressly exclude any promotional activity, including the development and dissemination of promotional newsletters. The Company had no involvement with, or input or control in regards to, the entities they engaged for those pieces and has not engaged any investor relation providers since Jan. 1, 2017.


Neither of the company's executive officers or directors, nor, to the knowledge of the company, any controlling shareholders sold or purchased shares of common stock of the company within the past 90 days with the exception of a certain director sold an aggregate of 500,000 shares and purchased 900,000 shares in the context of the market and made all required securities filings in connection with such trades. Such transactions are available on SEDAR.

KOOTENAY ZINC PROVIDES MARKET ACTIVITY UPDATE
Vancouver, Canada, February 8, 2018 – Kootenay Zinc Corp. (the “Company” or “Kootenay”) (CSE: ZNK; OTC: KTNND; FRA: KYH1) wishes to make the following statements regarding recent market activity in its common stock traded on the OTCQB marketplace.


On February 6, 2018, the Company was notified by the OTC Markets about certain promotional activities in relation to the Company's common shares, including certain promotional newsletter emails. The Company had engaged Awareness Consulting LLC on January 22, 2018 to provide advertising services. Until being informed by OTC Markets of the promotional material, the company was unaware of the promotional activity and is unaware of the full nature of the promotional activity and the extent of the dissemination.


Following the Company’s January 31, and February 2, 2018 news releases the trading volumes on the OTCQB increased, and the Company attributes the majority of any increased trading volumes on the OTCQB to the contents of its January 31, 2018 and February 2, 2018 news releases and the Company’s change in management and ability to finance the Company. The Company’s primary market is the Canadian Securities Exchange and its trading volume on the OTCQB was previously lower volume.


After inquiry, the Company confirms that its officers, directors or its controlling shareholders (i.e., shareholders owning 10% or more of the Company's securities) have not, directly or indirectly, authorized or been involved in any way with the creation or distribution of promotional materials.
After inquiry, the Company believes the promotional material to have been distributed by Awareness Consulting Network LLC, without the consent or knowledge of the company.


The Company engaged Awareness Consulting Network to provide certain advertising and communication services for the company, but such services expressly exclude any promotional activity, including the development and dissemination of promotional newsletters. The Company had no involvement with, or input or control in regards to, the entities they engaged for those pieces and has not engaged any investor relation providers since Jan. 1, 2017.


Neither of the company's executive officers or directors, nor, to the knowledge of the company, any controlling shareholders sold or purchased shares of common stock of the company within the past 90 days with the exception of a certain director sold an aggregate of 500,000 shares and purchased 900,000 shares in the context of the market and made all required securities filings in connection with such trades. Such transactions are available on SEDAR.

When you talk about zinc, some people get a "sleepy look" in there eyes.
Boring ! I don`t agree, when one study the topic closer, there is so much to learn... and so many applications.


I will not get to much in to the subject here and now, I just want to say; it`s worth googling and you might even want to invest in it one day (if you`re not a shareholder now).


If so; consider "Kootenay" as one way to invest in this metal. They have a top notch team on this project. Look in to there former experiences and you will be impressed; these guys have been around and we (shareholders) are with the best in the game.

When you consider what topic (within "Zinc") you want to write about,
you have plenty to choose from; the property, the management, shareholders view, etc. Still, it all boils down to what YOU feel is most important.


What count is, we write beacause we have something to say; "I`m here, listen to me!" In a community like this, we are several thousands
of members. We are from many places; inside the U S A and also outside.


One should always remember - there is 2 sides of everything. To be able to listen on what others are saying/writing; even if you don`t agree. Or, if it`s to difficult... let it be. Write your own opinion (within the rules of the site) that is enough.

Summary of the new Kootenay Zink; three of the world’s top mining experts have strong data indicating the company now found “the missing piece” of one of the largest zinc deposits in the world.


Sufficient capital to complete its exploration work;In the mining industry, reputation is everything. Nobody of any stature is willing to get involved in a project unless he or she is convinced it has real merit and the financing in place to see it threw.


FACT: The market for zinc is $34 billion per year, larger than silver ($18 billion), ($8 billion) and molybdenum ($5 billion) combined. Access to all infrastructure, even a nearby smelter.


But to make huge profits with mining stocks, you have to buy before the company finally confirms a major find. Typically, junior mining stocks experience a surge in interest within days of a discovery.



Zinc is now in what we call the “Aggressive Takeover” stage. The new stock consolidation (4,8m shares !) is another piece that will continue to increase Kootenay Zinc market value now.

To get some more facts, take a look at the head organisation of zinc;

http://www.zinc.org/

The glap between supply and demand get`s bigger this year then last.When you consider the price where close to double up in 2017 - then the market anticipate more then double up again this year.

So little of zinc is stored away, they are talking about a 10 day supply compared to the demand; those 10 days are soon gone and then the deficit will be increasing daily in the global zinc market.

Forecast is at least 3 years of more expensive zinc prices, that means a stock like "Kootenay" can shoot of to the sky any day now. Take todays trade; a volume of only 5100 stocks,closed on 0,080 at CNSX.

Average volume; 230 680. So, the ones who already owns the stock now is holding on hard to it - it will force the sharevalue up, up.

Received two emails stock alerts and one Text stock alert on $KTNND now. Yes we will see how it effect the market today and in the longer run. The volatility has been strong past months. Maybe it`s time to get a new rally; nov 8 - january 12 about 100% run. And even more dec 8 - january 18.


The technical charts indicate oversold - so there is a good chance with a new run coming weeks with both more market attention and oversold indication. High tradingvolume have a good effect on the stock, so I think we have a winner here.


One intresting aspect; if this deposits can give only 10% of the neighbour mine, it would still be a Mega mine with a estimated market value of 4.6 billions... so I think we are on right side of the fence.

Independent report of the Sully Project; must read, sums it up.


Over a billion years ago, a mineral treasure of unimaginable wealth was deposited at the bottom of the ancient sea that then covered western Canada.
Part of this treasure trove was discovered in 1892. Now, three of the world’s top mining experts think they’ve found the rest.


If they’re right, shareholders of Kootenay Zinc Corp. could enjoy a phenomenal payday!
This little-known company is using space-age technology to find the missing piece of one of the world’s largest zinc deposits.

By Lior Gantz,
President, Wealth Research Group

Kootenay Zinc Corp. [OTCQB: KTNNF/ CSE: ZNK] isn’t well known – at least not yet.



But I predict it will soon become one of the most talked about natural resource stocks of our time. This not-yet-famous company has:
One of the most impressive lineups of geologists, executives, and consultants we’ve ever seen in our combined 20+ years of studying natural resource companies;


Sufficient capital to complete its exploration work;
Access to infrastructure (water, roads, electricity… even a nearby smelter);
And most importantly…
Preliminary data suggesting the company might find “the missing piece” of one of the largest zinc deposits the world has ever seen…
A Very Special Kind of Zinc Deposit



Before I tell you about Kootenay Zinc, allow me to provide you with some important background information that will help you understand why I’m so enthusiastic about this stock profile.
Although there are several types of zinc deposits, the most important by far are the so-called SEDEX deposits created over a billion years ago at the bottom of shallow, inland seas that have long since vanished. 2, 9, 15


According to the U.S. Geological Survey, SEDEX deposits account for more than 50% of the world’s zinc and lead reserves, and furnish more than a quarter of worldwide production of those two metals. And as you’ll discover momentarily, both metals are far more important than most people realize.



About one hundred and twenty-nine SEDEX deposits are known to exist around the world, but the vast majority of the world’s zinc and lead is concentrated in just six areas. The Selwyn Basin in western Canada is the second largest of these natural resource treasures. 2, 7, 9, 15


The area near the town of Kimberley, British Columbia (where Teck Resources operated the Sullivan Mine) is home to a SEDEX deposit of epic proportions… and Kootenay Zinc is targeting the Sully project approximately 30 kilometers [18 miles] east of the historic Sullivan mine.



The gravity anomaly being explored on Sully coincides with Aldridge Formation strata interpreted to be equivalent to the Sullivan Horizon as mapped on surface and projected to depth on a near-vertical limb of a major overturned fold structure. The gravity anomaly is interpreted to be caused by a mass of similar size to Sullivan.
In terms of present metal prices, value of production from Sullivan is over $40 billion. Clearly, discovery of a similar deposit at Sully would have significant and long term economic ramifications to the province of British Columbia and shareholders of Kootenay Zinc Corp.



The First Piece of the Treasure is Found
In 1892, using technology that’s crude by today’s standards, four prospectors discovered what many believe is just the first part of one of the world’s most valuable mineral treasures. 8
Present day, searching east of the town of Kimberley, Pat Sullivan and three colleagues found one of the world’s largest, richest zinc deposits. 8, 13


Additional exploration and development work continued for several years, and in 1909 commercial operation of the Sullivan Mine began.
Although the typical zinc mine operates for about 12 years, the Sullivan Mine, because of the size and quality of its ore deposit, operated for almost a century. 8, 14
Until its closing in 2001, the Sullivan Mine produced more than 8 million tons of zinc, 8 million tons of lead, and 300 million ounces of silver having a combined value in excess of $40 billion at today’s prices.



Despite being one of the biggest zinc deposits the world has ever seen, the natural treasure that powered the Sullivan Mine for a century might be just part of a far larger deposit waiting to be discovered…
The Ultimate Treasure Hunt Begins
When it comes to SEDEX deposits, the starting point is locating rocks dating to a very specific time period. That’s because every SEDEX deposit on the planet was created in Paleozoic and Proterozoic basins. 2, 7, 9


Looking for a SEDEX deposit among rocks that are older or younger than that specific time window is destined to fail.
So, if you’re looking for a Sullivan-sized SEDEX deposit, you start by finding nearby rock formations of Sullivan age. And to do that, you need someone who knows more about the Sullivan Mine and its underlying geology than anyone else on earth…
The Rest of the Sullivan Deposit?



Within the mining community, Paul Ransom is widely considered the world’s leading expert on massive, Sullivan-sized SEDEX deposits. For more than 30 years, he worked for Cominco (now Teck Resources Ltd.), which operated the Sullivan Mine.
When Sullivan closed in 2001, Paul became an independent consultant working throughout the region. In the course of his work, he compiled a database about the area’s geology, including the location of other rock formations that were formed at the same time as the Sullivan SEDEX deposit. 3, 12


According to Paul’s research, a large concentration of Sullivan Time rocks is located just over 18 miles (30 kilometers) from the Sullivan Mine at what is known as the Sully Project, operated by Kootenay Zinc Corp. And while 18 miles might seem like a significant distance if you’re out for a Sunday stroll, it’s right next door in geological terms.
Paul’s research was confirmed by Kootenay Zinc’s drill holes that revealed the existence of Sullivan Time strata, along with trace mineralization of zinc and lead.


But finding the right general area is just the first step…
A Geological Dream Team, Armed with High-Tech Tools
Kootenay Zinc has assembled a three-man “dream team” of geologists to pinpoint the precise location of what’s looking more and more like the rest of the Sullivan mineral treasure.
In addition to Paul Ransom, the company has tapped the expertise of:



Dr. David Broughton, one of the world’s most renowned experts on sediment-hosted mineral deposits. Dr. Broughton, who has a PhD in geology, received the prestigious Thayer Lindsley Award for his discovery of the largest copper ore deposit in the world.
Brian Jones, who was instrumental in finding one of Canada’s most famous mineral discoveries, Voisey’s Bay, is one of the world’s top experts in the use of gravity surveys. 6
This treasure-hunting triumvirate has a combined 100+ years of experience locating some of the most valuable mineral deposits on the planet:


Voisey’s Bay nickel project was sold for $4.3 billion.
Ivanhoe Mines has a market capitalization of over $3 billion and it contains one of the world’s largest copper deposits and a massive platinum deposit and a world class zinc deposit. Dr. Broughton was instrumental in some of these discoveries and received awards as a result.


And what they’ve found at Kootenay Zinc’s Sully Project, a scant 18 miles from the famed Sullivan Mine, has the potential to make history…
Treasure Maps Reveal All
Using technology that would have seemed like magic to Pat Sullivan back in 1892, Kootenay Zinc’s geological dream team has created a series of maps that reveal what might lie below the surface of the Sully Project.


These maps were created using what’s known as gravity mapping, a space age technology that measures the exceedingly small variations in gravity caused by the density of underground rocks. 11
When subterranean rocks are relatively dense (like lead and zinc ore), their extra gravitational attraction increases the downward pull and creates anomalies that show up as color variations on a computer generated map. 7, 11 (see website)
In the map of the Sully Project below, the grey-green areas represent two gravity anomalies indicative of very dense rocks like sphalerite (zinc ore) or galena (lead ore).


As you can see, there appear to be not one, but possibly two, large anomalies. It doesn’t provide details about the type of anomaly or potential for deposits themselves though.
That’s where computer modeling comes into play…
A Closer Look (see website)
The following map, created from data collected by Kootenay Zinc’s geological team, uses sophisticated algorithms to provide a much more detailed look at what lies below the surface.


Move your cursor over this map and you can see a three-dimensional view of what appears to be two massive, side-by-side anomolies. After reviewing the data that was used to create this map, David Broughton was absolutely intrigued regarding the potential to be a once-in-a-generation discovery.


But how likely is it that two huge SEDEX deposits would form side by side? And how likely is it that they would exist 18 miles from the Sullivan Mine?
Highly likely. Here’s why…


Vent Fields are the Norm
Hydrothermal vents responsible for the creation of SEDEX deposits rarely occur in isolation. Typically, they’re found in clusters, what geologists refer to as vent fields. This is to be expected since the geological forces that create hydrothermal vents affect large areas rather than just a single location. 1, 2, 7
A study conducted for the National Oceanic and Atmospheric Administration shows that vent fields can sometimes stretch for miles.


So, it’s highly unlikely that the Sullivan deposit is the only SEDEX deposit in the area. In fact, about 3 miles from Kootenay Zinc’s Sully Project, the Kootenay King Mine is tapping large zinc and lead SEDEX deposits.


Preliminary drilling at Sully may suggest this could be a SEDEX deposit of historic proportions. And the timing couldn’t be better…
Surging Demand, Dwindling Supply 4, 5, 10, 16
Demand for zinc is soaring even as supplies are dwindling, pushing prices relentlessly higher (and making every ton of zinc ore sitting in the ground worth more and more with each passing day).


Consider these facts:
FACT: Zinc is the fourth most-used metal in industry, behind iron, aluminum, and copper.
FACT: The market for zinc is $34 billion per year, larger than silver ($18 billion), platinum ($8 billion) and molybdenum ($5 billion) combined.
FACT: Zinc is indispensable for many important industrial applications. It’s used to galvanize steel or iron to prevent rusting, and to manufacture specialized batteries. It’s also a crucial component of important alloys like brass.


FACT: Major zinc mines have been shutting down. China recently shut down 26 lead and zinc mines for environmental reasons. Ireland’s Lisheen Mine and Australia’s Century Mine have also shut down, reducing annual production by 630,000 tons.
FACT: China’s demand for zinc is growing even as it’s reducing supplies. In 2015, China consumed 47% of the world’s zinc as it continued building mega-cities, bridges, airports, and seaports at a frenetic pace.


FACT: Belgium-based Nyrstar, the world’s #1 zinc producer, has explored shutting down mining operations in an effort to deal with a burdensome debt load. If that were to happen, it would reduce supply even more.
FACT: Zinc stockpiles are plummeting. Warehouse levels are less than half of where they were in 2013.
And all of this has had predictable consequences…


FACT: Zinc prices are skyrocketing. This vitally important industrial metal began 2016 at $0.70 per pound, and ended the year at $1.04 per pound – a 48.5% increase in a single year. As 2017 began, zinc continued to move higher and is consistently above $1.20 per pound.
Soaring demand, combined with tight supply, means higher prices for zinc in the years ahead. But that doesn’t mean you should buy shares of just any zinc miner. In fact, in our combined 20+ years of experience with natural resource stocks, I estimate that only a small percentage of junior mining stocks deliver triple-digit returns for shareholders.



Here’s why…
Our Secret for Finding Winning Resource Stocks
In the mining industry, reputation is everything. Nobody of any stature is willing to get involved in a project unless he or she is convinced it has real merit. And believe me, the big names in the mining business have access to information you and I will never have.


So, when analyzing a mining company (especially the smaller companies), the first thing I look at is personnel. Because having people with a proven track record opens the door to capital.
A company that’s able to attract big names has a good chance of raising the capital needed to complete its projects. A company that doesn’t, will likely run out of money before it’s able to turn a potential discovery into a proven find.
And Kootenay Zinc, in addition to its 3-man dream team of geologists, has managed to secure the backing of three of the biggest names in mining:


Peter Meredith has been a director of Ivanhoe Mines Ltd. (formerly Ivanplats Limited) since 1998. He has also served as the company’s Deputy Chairman and Chief Financial Officer. Prior to joining Ivanhoe, he was a partner at Deloitte LLP, Chartered Accountants. Peter is the right hand man to Robert Friedland where they discovered one of the world’s largest gold and copper projects, the Oyu Tolgoi.



Jonathan Rubenstein is Chairman of Mag Silver Corp. as well as Vice President of Andagan Resource Corp. In 2001 he was co-founder of Canico Resources Corp. Four years later, he was instrumental in the sale of the company for $941 million. He also played a key role in the 1999 sale of Sutton Resources (where he served as a Vice President) to Barrick Gold for $525 million.



Stuart (Tookie) Angus is a widely known and highly respected independent business advisor to the mining industry. Tookie is the current chairman of Nevsun Resources, a billion dollar copper and zinc producer. In addition to serving as Chairman of K92 Mining, he has served as a director of numerous mining companies, including: First Quantum Minerals, Canico Resources, Bema Gold, and Ventana Gold.



Having people of this caliber on board has allowed Kootenay Zinc to close two private placements, raising the capital needed to carry out its exploration and development plans at the Sully project. Interestingly, both financings were oversubscribed – a good omen for any future offerings if the need should arise.
The Final Ingredient for Success
As you’ve seen, Kootenay Zinc Corp. has what appears to be a very good chance of finding a sizable mineral deposit of immense value. It also has world-class management, consultants, advisors, and backers.



The company is also fortunate to be located in an area where the infrastructure needed to operate a commercially successful mining operation already exists.
The Sully project can take advantage of all the roads, bridges, power lines, railroad spurs, and water resources constructed over the years for the Sullivan Mine 18 miles away. There’s even an existing smelter in the nearby town of Trail that’s already set up to process zinc and lead ore.


This infrastructure cost tens of millions of dollars – money that Kootenay Zinc won’t have to spend. And every dollar saved increases profits, which, in turn, impacts share prices.
The Importance of Timing & How to Play the Coming BOOM in Zinc
I’m convinced shares of Kootenay Zinc [OTCQB: KTNNF/ CSE: ZNK] have the potential to hand shareholders returns that could rival many of our previous recommendations.


But to make huge profits with mining stocks, you have to buy before the company confirms a major find. Typically, junior mining stocks experience a surge in interest within days of a discovery. Trading volume skyrockets, and the price mushrooms.
You might find it hard to believe returns like these are possible. But let me assure you that fast, triple-digit returns are actually the norm, not the exception, when a junior mining company announces a major discovery.


Zinc is now in what we call the “Aggressive Takeover” stage. Small-cap companies that own promising deposits are being merged for a thick premium into large-cap mining behemoths.
I have personally examined 109 zinc projects in 2016–2017, and today, I want to make sure you get the full scope of what your biggest winner could be in 2017/2018.


I encourage you to do your own due diligence on Kootenay Zinc Corp., and if your research confirms what I’ve written here (as I am confident it will), consider investment exposure to this red-hot zinc market. If the company is able to confirm finding the rest of the historic Sullivan deposit, those shares could become one of the best investments you’ll ever make.



P.S.
Our recommendations are based on intensive research, including contact with management. Once you’ve completed your due diligence, consider locking in your position!
Instead of giving you a sales pitch, go to our website to understand the wealth of knowledge we publish to arm investors with critical data.


About Lior Gantz
Lior’s business model is driven by teaching the principles of wealth, the habits of asset accumulation, and the art of getting richer, by arming his subscribers with the confidence and capability to build a brighter future.

Tradingvolume increased by 500% to yesterday, a good sign of attention.

And this could just the Beginning !


Ending the day at around .40, could KTNND be poised to retest and potentially BREAKOUT of the 200 Day Moving Average where it topped out in the week.


Well, here's why...


Both Major Indicators: RSI and MACD are now hinting at a Bullish Reversal.

RSI appears to be closing in on the POWER ZONE (above 50, under 70) while MACD is hinting at a Cross of the Line & Signal into BULLISH DIVERGENCE!


Keep in mind, KTNND is trading at just under .30 while it's potential peers in the Zinc Sector like TECK, HBM, and of course, #1 Producer Glencore (GLCNF), have more than DOUBLED in price!



KTNND - THE NEXT BIG ZINC PLAY?
Kootenay Zinc Corp. (KTNND) is a Tri-Listed mineral exploration and development company based in Vancouver, British Columbia that is presently targeting the Sully Property, located 18 miles east of the world-class Sullivan Mine. The Company is focused on discovering large-scale sedimentary-exhalative ("SEDEX" Zinc deposits.

As highlighted previously, Zinc has seen a Price EXPLOSION by more than DOUBLE over the last year to become one of the Hottest Minerals on the Market today! It now trades well above $3,500./ton!

Stockpiles are falling to what analysts call "a critically low level" and expectations are that a rapid escalation in prices to new 10-YEAR HIGHS of $4,000+/ton could follow.


THE SULLY MINE
With only 18 miles or so separating KTNND's Sully Mine from the Legendary Sullivan Mine, the company believes that geological features point to a MASSIVE SEDEX/ZINC DEPOSIT.

The Sullivan Mine was discovered in 1892, and is known to be one of the World’s Largest SEDEX deposits. Over its 100-year lifetime, Sullivan produced a mountain of silver, ore, zinc, and lead that, at today’s prices, would be valued at US $49 BIL!



With so many of the same characteristics as the legendary Sullivan Mine, IF KTNND's Sully Mine can PRODUCE EVEN 10% of what the Sullivan Mine had over it's lifespan in today's dollars...

...that would STILL BE A MASSIVE $4.9 BILLIONS DOLLARS.




THE BOTTOM LINE
Needless to say, KTNND is one stock to keep at the top of your radar in both the Short AND Long Term!

Epic Stock Picks

SUTR, underrated company with dropping eps, however PEG < 1.
company based in China and Nevada and Britain. 90% of sales come out of China and they supply to companies such as Hyundai, Kia, and Samsung.... yea these companies are overseas companies.. but to buy and hold on this stock will play out in the long run.

They dropped in value due to a misfiling, however their clients are still purchasing. and with Oil prices dropping, Metals comp benefits.

Buy and Hold.

Anyone know a way to produce a bigger chart of zinc metal than this? This is a 5 year one apparently... vs. what currency? It says USD I assume that's US Dollars.



Is this one vs. the Pound/Sterling??

My zinc stock buys?

I'm not in any rush to buy zinc miners yet, since I think their stocks will still be dragged down further by what I predict are greater market lows ahead. I would start off with some of the most liquid stocks, like HBM.TO or LMC, because that is where the institutional money will flow, which is needed to support any lift in stock price.. As for juniors (which will offer the greatest potential for stunning gains), I don't have any good suggestions right now. I need to resume some due diligence on the current status of the juniors' production capabilities.

In the longer term, I definitely plan to "think zinc." But for now I'm just patiently waiting for the confluence of market lows and future visibility of economic rebound.

I'm aware of at least one US stock. Thanks for the list

#board-10771

I'm afraid if you're planning to invest zinc explorers, developers, and miners, you will need to find a broker who handles Canadian- and preferably also Australian-listed stocks, either directly or through pink sheets.

I will post my entire watch list of zinc companies, formatted for two Yahoo portfolios, and you shouldn't have too much trouble picking out the US-listed ones. Some of the others may also have dual listings, but as a Canadian I don't have to pay attention to that. V & TO are canadian, AX is Australian, HK is Hong Kong, and L is London.

Two provisos:
1) do not mistake inclusion in the list for endorsement;
2) most of these companies also mine or are looking for other metals as well.

0166.HK ABI.V ABR-P.V ABU.AX ADA.TO ADD.V ADK.V AEM.TO AET.AX AGU.L AHD.TO AIM.AX AMC.TO AOX.V APE.V APG.TO AQA.TO ARE.AX ASX.V ATX.V AULO.OB AVI.AX AXR.TO AYM.L AZS.AX BAJ.TO BBR.V BEL.V BFD.V BLS.TO BMK.V BN.TO BSM.AX BTC.V BWR.TO CAA.V CBH.AX CCM.TO CEM.V CGG.AX CGMX.PK CLZ.V CME.V CON.L CPP.V CRL.AX CS.TO CSE.AX CXB.V CYP.V CZN.TO CZX.V DEG.AX DIB.V DJI.V DMM.AX DON.V DRA.V DRK.AX EGU.TO ELN.V ELO.V EMED.L EML.L EOX.V EPL.V EVR.V EXS.V FAN.TO FMM.V FMNJ.PK FNT.AX FNX.TO FOR.TO FPX.V FV.V FXR.AX GAI.V GBS.TO GCR.V GFM.L GMX.TO GQC.V GXP.TO HBM.TO HER.AX HER.L HLO.V HRG.TO IBC.AX IMN.TO INL.AX IZN.V JML.AX JNY.V KAH.L KAR.V KCR.TO KEX.V KZL.AX

LAT.V LEG.AX LRL.L LTH.V LTR.AX LUN.TO LYD.TO MAM.V MCR.AX MD.V MDV.V MGR.V MIO.L MLS.AX MMB.AX MMG MMI.V MMM.TO MMN.AX MMS.L MNR.TO MOA.V MOX.AX MTB.AX MTX.V MXI.V NL.V NMI.AX NOT.V NST.AX NUS.TO NW.V OVR.AX OZL.AX PDZ.AX PEB.V PEM.AX PGR.V PMM.V PRB.V PUM.V PXR.V RCR.V RCZ.V RDK.V RDV.TO RKY.V ROS.V ROX.V RRO.V RXL.AX SBB.V SBR.AX SDN.V SEM.V SGC.V SLK.V SLR.TO SLT SMM.AX SMZ.V SNU.V SOX.V SPM.TO SRI.AX SRZ.AX SRZ.TO SSC.AX SSE.V SVT.V SWN.V SXL.V SYH.V SYI.V TAM.V TBM.V TCC.V TCK THG.V THMG.OB TM.V TNG.AX TOE.V TREVF.PK TRF.AX TRO.AX TRO.V TRS.V TYE.V TZN.AX UCL.AX URL.AX VED.L VEM.TO WAR.V WEL.V WGR.AX WMT.AX WOO.V WPR.V WTM.TO XAG.V ZAZ.TO ZINC.L ZN.V ZNC.AX ZNC.TO ZOX.L ZZL.L

LC

maybe today was good day to buy on weakness

any stock names you prefer?

the iBox here is all Canadian stocks.

\Any USA ones?

have zinc prices bottomed?

It's good to see some life again on this zinc board. Obviously, the future is very difficult to predict right now. My WAG is that we have a short term bottom in the $0.50/pound range for the next few months. After that, the market will try to sniff out the probability of a near term global economic rebound. My own guess is that the market's springtime hopes for a second half rebound will be crushed by summer time, sending zinc back down into the $.40's. Then the rebound will occur late in 2009, or early 2010 as the end of the downturn becomes visible.


But anyone who believes in iron-clad predictions at this time is a fool. We have to listen carefully to the market and follow its subtle hints.. Unfortunately, I'm not good at reading the subtleties of markets, and so hopefully others here on this board can provide more enlightened guidance than I can provide.

a very tiny chart, but zinc metal - have prices bottomed?

The power of zinc: Startup CEO talks zinc-based fuel cells

Washington (Platts)--26Jun2008

Robust supply and softer demand has transformed zinc from a hot to a
lukewarm commodity, but new technology that would make zinc the power running
cell phones and laptops -- and a significant distance down the road -- a fuel
source in hybrid cars, could help launch the base metal's comeback.

Power Air Corp., based in Livermore, California, announced this week it
had entered into a technology-sharing deal with Hawthorne, New Jersey-based
eVionyx to make zinc-based battery units called Powerpacks, that will give
extended-run capability to increasingly sophisticated -- and power-hungry --
mobile electronic devices like Blackberrys, MP3 players, and global
positioning systems.

"People don't know that zinc is a potential energy source," Power Air
President and CEO Donald Ceci, told Platts. "Eventually, if the world was
running on zinc, you'd have sustainable fuel." But, he added, "There's a lot
of development work to be done."

The technology is known as the zinc-air fuel cell, which gets its name
from the underlying chemical reaction that occurs when zinc pellets are mixed
with oxygen from the air, causing zinc oxidation. Lithium is the material
currently used in the batteries powering mobile electronic devices, but
deposits of the commodity are more scattered and scarce than zinc, and
increasingly pricey in the face of insatiable demand for the next big thing in
electronics, Ceci said.

"There's not that much lithium; you get it from salt lakes on the tops of
mountains in Chile and China." While those are not the only regions where the
material is found, he said, "There's certainly not enough to run the world's
hybrid electric vehicles." What's more, Ceci added, "Lithium is getting more
and more expensive because all the portable devices are running on lithium. So
zinc is developing into the next-generation alternative to lithium. We're
pioneering that to an extent."

Although the current crop of hybrid vehicles have fuel cells based on
lithium or hydrogen, the zinc-air fuel cell is safer and better for the
environment, he said. "The nice thing about zinc is, it's nonflammable and
nonexplosive and you end up with zinc oxide as a byproduct, which is totally
recyclable. You don't burn anything up into the atmosphere [so] there's no
emissions." Also, "of all the stable elements, zinc has the highest energy
density, so it is a very good power source," Ceci said.

These qualities could raise the base metal's profile as a fuel source and
drive up its price on the order of metallurgic coal -- the coal used to make
steel -- the price of which has soared on rocketing steel demand from China.
"Broadly speaking, I think this is a trend that going to grow not only in
North America and Europe, but around the world," Bart Melek, a commodities
analyst with BMO Capital Markets, told Platts. "Certainly with oil at
$135-138/barrel, we're going have to use other ways [to get power]."

--Laura Gilcrest, laura_gilcrest@platts.com

http://www.platts.com/Metals/News/6915858.xml?sub=Metals&p=Metals/News&?undefined&undefined

London Metal Exchange

http://www.lme.co.uk/zinc.asp

I was looking at the charts in the I-box...what does 'LME' mean?
Thanks.

ZINC MARKETS – THE PERFECT STORM?

Following several decades of underperformance the zinc markets outperformed in 2006 before declining significantly in 2007 due to new supply concerns, and more recently concerns about economic slow down in United States and Europe.

Throughout this period Chinese demand for zinc has remained strong and the outlook for strong consumption in China continues to buoy global demand. The key uncertainty for zinc is mine supply over the short to intermediate term.

Current zinc price negativity by investors reflects anticipation of additional increases in zinc supply due to the restart of several old mines and startup of San Cristobal in Bolivia. This led many to forecast a significant concentrate surplus in 2008 and 2009. Inherent in this thinking is the common economists view that following the recent rapid run up in zinc price new mine supply will just happen. This report will highlight some of the setbacks in timely addition of new mine supply and its implication for the zinc market over the next two years prior to start of shutdown of numerous large mines due to depletion of reserves. The recent decline in zinc prices will likely lead to deferral of investment in new zinc mines and reduced mine output, setting up the perfect storm of little new mine production as major mine shutdowns start in mid 2009.

This overview is intended to provide readers with useful information on the usage, supply, production and consumption of zinc. The overview has been assembled from a large number of information sites that are believed to be reliable; however, the companies make no representations as to the accuracy or completeness of the information herein. The reader should use this information for general purposes only and seek advice from its investment advisors as to the details of zinc markets.

Much, much more at:

http://www.yukonzinc.com/documents/YZC-SWNJan17-08ZMU_001.pdf

Do you guys follow ZINC the stock? Out with great report and outlook.

Billions $$ in YZC proven resources -

Wolverines Measured and Indicated resources:
1,193.9 billion pounds of zinc,
114.1 million pounds of copper,
155.4 million pounds of lead,
49.2 million ounces of silver
234,000 ounces of gold. = Billions of dollars in my books.

I'm going to buy many more 100's of 1000's of shares of this,
mother lode claim with proven resources from people who
are afraid and are selling their bargain priced shares.

May I add at a loss if they hold on they won't lose any money.
This will be a mine for the simple fact that a company
has already made a deal to buy the ore from this claim,
for the first five years of production, of an
estimated ten year production schedule.

This is why financing will not be a problem because most of
the finacing is in place already and the majority of
the development and inforstructure has been completed.

A good profitable business plan always takes time.
There is always a lot of money made from people who get
buck fever, sell to soon and at the wrong time.

As soon as my order is in to buy more of this increadible
cheap valued stock I'm going to go personally up there to
the claim and find out more info.
on the start up time.

Then I'm going to stop at YZC's office in Vancouver for
the first time, I have never been to their office or met
any of these folks before.

I want to thank this team for taking time investing many
millions into core samples and developing this claim
in a good way, for old prospectors like me can still be
part of this industry.

Patience will be very golden on this well developed claim.
As I heard someone say HANG ON
see you in a couple of weeks.
Unless I'm near a computer lol
Posted By: prospector7
Post Time: 2/25/2008 07:10

http://investorshub.advfn.com/boards/board.asp?board_id=11696

http://siliconinvestor.advfn.com/subject.aspx?subjectid=57379

Index rebalancing should boost zinc

The rebalancing of the Dow Jones AIG Commodity Index in January could see renewed buying of zinc, investment bank UBS said. The rebalancing of the index, which occurs on the fifth to the 10th business day of January, "will be a big event for the commodity market once again," UBS said, adding: "Broadly speaking, metals, notably zinc and nickel, will be bought and grains, especially wheat, sold."

The DJAIG rebalances once a year and usually sees large changes to its holdings; the index is designed to sell winners of the previous year and buy the last year's losers, and with most grains and some energy components the clear commodity winners in 2007, these commodities will be sold: underperforming metals will be bought, the bank said.

UBS suggested 100% in zinc holdings associated with the index, though it noted the percentage change was only an estimate as the final prices - and thus the relative performance - will not be known until early January next year. "At first glance, buying zinc futures equivalent to three times the LME stocks should be a clear positive, but it may not work that way," UBS said, noting that in January 2007 the rebalancing resulted in heavy selling of nickel and zinc, but this did not stop nickel from gaining more than 60% over the next few months. "Zinc, however, was hit by this selling and has remained a poor performer through the whole of the year.

Clearly market sentiment and supply/demand fundamentals are important determinants of the impact of the rebalancing," UBS said. "This year, nickel was wanted by the market and zinc shunned. The large, but telegraphed, buying of zinc futures that will occur early next year may not be too much of a boon for the metal if the physical market remains amply stocked and physical premia weak."

Created: Dec 13, 2007

http://www.platts.com/Metals/highlights/2007/mp_mw_121307.xml

Wild price swings seen in zinc, nickel in January

By Pratima Desai

LONDON, Dec 13 (Reuters) - Zinc and nickel are expected to experience wild price swings in January as a commodity index buys the metals, prompting increasing levels of speculation.

Between January 8 and 14, the Dow Jones AIG commodity index will adjust the weighting of many commodities including zinc, nickel, copper and aluminium traded on the London Metal Exchange (LME).

The adjustment is likely to involve the purchase of about 250,000 tonnes of zinc and 10,000 tonnes of nickel. Both metals are used to make steel.

To put those numbers into perspective, stocks in LME warehouses now stand at around 77,000 tonnes for zinc and at 46,000 tonnes for nickel.

"If you look at buying relative to market size, the rebalancing is probably going to have its most significant impact on zinc," said Michael Jansen, analyst at JPMorgan.

"It will also be very friendly to nickel."

Zinc in the DJ AIG Commodity Index will next year account for more than 3 percent of the allocation, up from 1.4 percent as calculated at current prices. Nickel will rise to 2.8 from 1.7 percent.

If prices rise between now and January 8 the amount of nickel and zinc that the index needs to buy will be lower.

"My reading at the moment is that both zinc and nickel will benefit from the reweighting," said Dan Smith, analyst at Standard Chartered. "But it is complicated because it depends on prices at the time."

WILD SWINGS

The index uses the benchmark LME three-month future, so the focus will be on contracts for delivery in March 2008.

Copper and aluminium will also be on the radar as they too have a higher allocation. But the impact is unlikely to create any tensions as both markets are thought to be liquid enough to absorb large amounts of index-related buying.

For zinc and nickel, which usually sees much smaller volumes of trade, the extra demand could create wild price swings.

Hedge funds and other speculators are starting to buy zinc and nickel for delivery in March on price dips. But traders think most of the buying will be done between January 2 and 7.

Much of that will be reversed during the rollover period -- the fifth and ninth working days in January, or January 8-14.

"The reweighting does have an impact on pricing over a period, but it is short-lived," said Adam Rowley, analyst at Macquarie Bank.

How big the move is depends on how much money is invested in products based on the DJ AIG commodity index. Analysts estimate it at between $45 and $50 billion.

The DJ AIG is the second most popular index after the S&P GSCI -- estimated to manage $80-$90 billion out of a total of $160 billion invested in commodity indices.

The S&P GSCI is unlikely to affect the metals markets as it is heavily weighted -- about 70 percent -- towards energy.

"The S&P index isn't going to be relevant for us ... Some funds are already front-running the DJ reweighting," said a senior metals trader at a commodities brokerage.

"Last year some prices fell during the actual rollover period ... A case of buy on the rumour, sell on the fact. Nickel was on the buy list last year."

Analysts say nickel is on the list again because prices, which hit record highs above $50,000 a tonne in May, are now at around $26,000 a tonne and below the levels above $30,000 seen in January 2007.

Zinc prices at around $2,400 a tonne are also below the levels near $4,000 a tonne seen in January 2007.

(Reporting by Pratima Desai; Editing by Chris Johnson)

http://www.guardian.co.uk/feedarticle?id=7149765

Zinc big picture, as posted on the SI zinc thread
(http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24128720 ):

Market players are wary the possible removal of the 5 percent export tax rebate on super-high-grade refined metal and levy of a tax on exports might lead to a surge in Chinese exports to beat their introduction of up to 100,000 tonnes.

Instead of a surge of 100,000 tonnes added to LME zinc inventories, those inventories have dropped for 30 days straight:



while the LME inventories for all the other metals have moved consistently higher for the past 30 days (http://www.kitcometals.com/charts/lmewarehouse.html ).

IMO, this phenomenon indicates that China doesn't have the excess inventory to dump on the international market that analysts thought they had. I think the Chinese zinc supply/demand situation will surprise a lot of analysts, as the Chinese are "sucking up the world’s growing supply of zinc mine output" (http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24010553 ). I think the zinc shorts will be in for a rude awakening when the expected huge surge in zinc oversupply doesn't materialize as expected.

Longer term, the 5-year chart of LME zinc inventories shows much more depletion than any other metal, with a 90% drop since 2004 and no signs of a reversal:



With the fundamentals for zinc arguably much stronger than for any other LME metal (Why Zinc has Underperformed This Year: http://www.greatinvestments.blogspot.com/ ), the zinc price down this year far more than any other metal (which will force a lot of index fund buying in the new year), and overestimation of zinc supply, as evidenced by the continued inventory depletion despite expectations of a huge surge of supply, I think zinc and quality zinc mining stocks are set up for a strong rebound in 2008.

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24128763

China Releases Stats for Zinc Imports and Exports in First 10 Months

By Interfax-China
23 Nov 2007 at 08:57 AM GMT-05:00

SHANGHAI (Interfax-China) -- China imported 1.72 million tonnes of zinc ore in the first 10 months of this year, skyrocketing 185% year-on-year, while refined zinc exports increased 29.5% on an annual basis to 257,196 tonnes over the same period, according to statistics released by the General Administration of Customs yesterday.

The Chinese government is considering cancelling the current 5% value-added tax (VAT) export rebate and imposing a minimum 5% export tax on 0# refined zinc (>=99.995%) in January next year, in order to slow investment growth in zinc smelting projects and curb the country's huge trade surplus, industry insiders previously told Interfax.

The policy will significantly reduce China's zinc exports, which will tighten global supply, and dramatically increase both global zinc prices and zinc concentrate prices. Domestic zinc smelters will have no choice but to accept soaring imported concentrate prices, and will probably be forced to reduce production, according to a senior official at a trading depot affiliated with a zinc smelter.

Zinc futures closed higher on the SHFE today, after a weeklong nosedive. The most traded January contract posted a big gain of 3.98%, or RMB 690 ($93.25), to close at RMB 18,010 ($2,434.05) per tonne, after recovering from the mid-day low of RMB 17,080 ($2,308.36) per tonne.

"Today's gains were in line with the recovery of LME zinc. The price of most trade SHFE contract had increased by the daily trading limit by noon, however, this price is still below the smelting costs of zinc refineries. The growth of zinc prices is still under pressure, due to negative market reports of domestic oversupply and the cancellation of the tax rebate on zinc concentrate," Liu Mingliang, an analyst at Brilliant Futures, said.

SHFE zinc stockpiles reached 26,157 tonnes by today, falling 58 tonnes from last Friday.



Commentary

China is in zinc surplus and it may be desirable to slow down the industry to a level at which overcapacity is bought to manageable levels. This may not mean that global prices will soar.

Indeed, at the moment price is falling in part because of the perceived fear that Chinese companies will sell aggressively ahead of any new tax implications. If output is curtailed, there would be less demand on global resources. Of course, that may result in a reduction of smelting operations, but that too may be desirable.

http://www.resourceinvestor.com/pebble.asp?relid=38105

Further high grades follow up Yale Resources’ investment dealer tour at La Verde project
By Brian O’Hara, Resourcex Investor
November 15, 2007

Yale Resources (TSX.V: YLL) has received further indication from its past producing La Verde Grade mine that a high-grade, potentially multi-million tonne resource may remain in and around the historic workings on the company’s 100% owned property. Samples taken as vertical chip channel samples at intervals along the walls in the historic workings returned high-grade assays with a weighted average of 2.57 per cent copper (Cu), 86.8 grams per tonne silver (Ag), 0.97 per cent zinc (Zn) and 0.19 g/t gold (Au) over an average vertical height of 1.89 m.

Full Article: http://www.resourcexinvestor.com/news.php?id=3312

Tribune Uranium Seeking Value in Spin Offs, New Properties
By Anne Fletcher
October 15, 2007

As signs of a split corporate personality start to appear, Tribune Uranium Corp. (TSX.V: TCB) is looking to cure the condition by spinning off its non-core assets, including giving shareholders an unanticipated dividend.

The Vancouver-based exploration company announced October 9 it has two letters of intent (LOI) in hand for gold and copper-zinc properties in Manitoba’s Reed Lake mining district, near the recent VMS Ventures Inc. (TSX.V: VMS) copper discovery.

But Tribune was set up as a uranium company and plans to stay that way, says chief executive Graham Harris.

“We just happened to have a couple of opportunities,” Harris said in an interview. “They came at a good price and they are drill-ready.”

So the Manitoba properties will join Tribune’s Potonico gold property in El Salvador - brought on board initially because vice-president, exploration, Marco Montecinos, knows the region - in a new stand-alone company.

The legal work to create that company may take up to six months, Harris said, and, by that time, as Tribune continues its active search for drill ready properties, he expects to have another non-uranium acquisition to bolster value.

Tribune will have no stake in the new corporation, which will have completely separate management, Harris said. Tribune shareholders can expect shares in the new company in some ratio to their current holdings, for example 1:5, he said.

With plans for a first-quarter 2008 drill program in place once the 90-day period for due diligence is up, work on the newly-acquired Manitoba properties may be well underway before shareholders get a look at that company.

Under the LOIs with W.S. Ferreira Ltd., Tribune can earn a 100% interest in the Quartz Claims, northeast of Snow Lake, Man. and the Green Claims, south of Snow Lake, for $170,000 cash and an aggregate of 500,000 common shares over five years, for each property. The company will also pay a finder’s fee of $50,000 for each property to an arm’s length party, for a total of $100,000, subject to final TSX approval.

Assay results released by VMS Ventures of North Vancouver on Oct. 4 include 10.5 metres of 11.19% copper and 2.50 metres of 15.30% copper from drill hole RD 07-02 on its new Reed Lake project, near Snow Lake.

That project, as well as Tribune’s new properties, lie within the Flin Flon-Snow Lake Volcanogenic Massive Sulphide (VMS) belt that to date has yielded more than 20 VMS deposits of copper-zinc along with gold and silver, producing ore worth more than $29 million.

The belt’s average 5 million tonne VMS deposit has a gross metal value of more than $1.5 billion.

The Quartz Claims was last drilled in the 1980s by Hudbay Minerals Inc., but Harris said those old results look more interesting today as discoveries over the ensuing years have helped in understanding the geology of the area.

The Quartz Claims cover a 4,800-foot-long electromagnetic conductor, interpreted as lying in a fold axis. The old drill results turned up significant gold mineralization, along with the alternation mineralization commonly associated with VMS. Results from the eastern end include 0.64 oz/t (18.14 g/t) Au over 4.2 feet and 0.43 oz/t (12.19 g/t) Au over 4.5 feet.

The untouched western end of the conductor, with two EM conductor bodies, will be the site of the 2008 drill program.

Old drill results from the Green Claims to the south, straddling the east shoreline of Blue Lake, turned up copper and zinc, including 0.75% Cu over 46.9 feet and sulphide exhalite grading 3.12% Cu and 2.25% Zn over 1.3 feet.

For both properties, “we’ve got some pretty good drill targets based on past exploration,” Harris said.

Work on the 149.5-square-kilometre Potonico property in El Salvador rests in limbo right now as local opposition to mining makes even the first step tricky. “We’re negotiating with the local bishop to gain access to the property,” Harris said. “I think we can come to an agreement with him.”

But drilling programs are underway on Tribune’s joint venture properties in northern Saskatchewan’s uranium-rich Athabasca region, currently home to the world’s largest uranium mine, owned by Cameco Corporation (NYSE:CCJ, TSX:CCO) and minority partner Areva Resources Canada Inc. That mine is producing 18.7 million tonnes per year of 20.5% uranium, the highest grade in the world.

Tribune is currently working on its 60%-owned, 100,000-hectare North Shore Property, just north of Lake Athabasca and 10 km west of Cameco’s Maurice Bay uranium deposit, discovered in 1977 and containing an estimated 1.3 million pounds of uranium.

The company also recently announced winter drilling programs for its joint venture properties of Dufferin Lake-East, on the southern edge of the Athabasca Basin and adjacent to Cameco’s Virgin River uranium project with its recent Centennial zone discovery, and for its near-by Botham Lake property.

As well, the shopping spree continues, with Tribune close to making a “significant” uranium acquisition, Harris said.

But a $3.4 million private placement in May, 2007 is enough to keep Tribune going. “We’re fully funded right now,” he said. “I don’t anticipate raising any capital.”

This article is intended for information purposes only, and is not a recommendation to buy or sell the equities of any company mentioned herein. It is based on sources believed to be reliable, but no warranty as to accuracy is expressed or implied. The opinions expressed in the article are those of the author except where statements are attributed to individuals other than the author, in which case the opinions are those of the individual to whom they are attributed.

Article on Kootenay Gold

Quoted from Article: "Kootenay is currently conducting a 3,000-metre drill program on the Promontorio Property; results are expected in the next 30 to 60 days. Highlights from chip samples in the spring included 480 g/t silver over an estimated true width of 19m as well as 2.51 g/t gold, 11,199 ppm lead and 17,284 ppm zinc. Plans are to continue drilling on three other identified mineralized zones, which together comprise a small 200m x 400m area of a total mineralized trend along a strike of 2000m with a width of 500m. With completion of the Phase I drill program, which aims to confirm historic data, the company plans a Phase II program to test additional targets on the trend. Consistent with Kootenay’s strategy to focus on advanced stage projects, Kootenay has secured the right to 100% registered and beneficial interest in the project. "

Full Article: http://www.resourcexinvestor.com/news.php?id=2336

As Yale Encounters Porphyry Deposits in Mexico, a Grand Mystery Unfolds as to its True Nature
By John Hurst
ResourcexInvestor.com
September 26, 2007

A grassroots company no longer, porphyry deposits have encouraged Yale Resources Ltd. (TSX.V:YLL) to expand its La Verde land package in Mexico by 400 hectares. Often a holy grail for explorers, porphyry deposits – all the way from Alaska to Chile – make for great exploration targets. They are typically low grade, promise immense tonnages and create your “As Seen on Google Earth”, open-pit mines.

Yale Resources’ La Verde project, a copper-zinc-silver-gold property located 45 km northwest of Hermosillo, Sonora State, Mexico, has at least six deposits, with workings on them dating back to the early 1900’s.

“We now have known mineralization of potentially economic grades. It’s not a grassroots exploration play. These are deposits and we are going to determine how large they are as quickly as we can,” stated Ian Foreman, the Vancouver company’s geologist-president.

La Verde Grande (The Big Green) is the project’s main deposit. Yale’s first program was done there. Land acquisitions adjoining its northeast corner cover the La Sierrita copper-zinc-molybdenum porphyry that was drilled in early 2000’s by Freeport McMoRan. In its amalgamation with Phelps Dodge, that behemoth chose to leave Mexico and the project was dropped. Another Canadian junior had the project in the 1990s, and dropped it too.

“In each case, the company would drop the property for larger economic reasons, not geological reasons,” Foreman said. “Either the metal prices were too low or the Canadian exchange rate was too high or the world markets were weak…but nobody came to a conclusion with regards to the geological potential of the project, and that was really key for us.

“Freeport-McMoRan drilled eight holes, of which seven are on land that Yale controls. Five of those holes intersected a porphyry. Each of those holes has long intervals of anomalous copper, zinc and molybdenum mineralization. We know that over this four-square-kilometer area, that’s a huge exploration target, and we’ve added a large additional target to the property,” Foreman said.

“So we know that there is a large mineralizing system present. The association between the La Sierrita porphyry and the skarn deposits we are concentrating on at the present, is currently unknown. Is it the source for all the mineralization that has bled into the limestones and created the skarns, or maybe that is indicative of additional porphyry present and maybe the additional porphyry is what is feeding these skarn systems and therefore is a genuine porphyry target on its own.”

The La Verde Grande mine has three principal levels – two of which are about 100 metres in length – and recent field work has identified two additional levels vertically higher, which indicate that there is the potential for additional resources to be defined both up and down dip. The northeast extension of the mine, located 30 metres to the north, has additional workings that continue for another 30 metres along strike. The northeast extension has a second level of workings, located 23 metres below, which have visual mineralization. These were not sampled in previous exploration campaigns but have been sampled by Yale personnel. A three-week rehabilitation program was required before sampling could begin.

A total of 175 samples have been taken and all samples have been submitted to ALS Chemex labs in Hermosillo. Samples were taken every five metres as vertical chip channel samples along the walls of the workings. This sampling program also included initial samples from the historic workings that are all within a radius of 150 metres of the La Verde Grande Mine. In each working, skarn mineralization with visible copper mineralization was encountered.

There has been only very limited drilling done at La Verde. Yale’s exploration strategy for the La Verde Project is that it wants to explore all the targets in the concept that there is a larger mineralizing system present. The technical team and sampling crews will now be moving to the El Picacho prospect, located 900 metres along strike from the La Verde Grande Mine, where work in the early 1900's exposed a breccia with strong copper oxide staining over a 15 metre width.

Trails leading up to the La Tescalama prospect, some 250 metres up the hillside, are being cleared so that the crews will have access. The La Tescalama prospect saw significant historical development as the principal working extends in at least 40 metres and exposed strongly copper mineralized skarn throughout.

“It’s our impression that all previous exploration has tackled these small, high-grade deposits individually,” he stated.

“How are they connected? Are they connected, and if so, what is the key that ties them together? Right now, we are trying to get a feeling for how much mineralization there is. In the La Verde Grande area, there is a mine with three levels of workings; there is an extension off to the northeast with two levels of workings that show the strike length is a deposit in the neighborhood of 150 metres. To us, that already is twice as long as what we understood the deposit to be when we first optioned the property. Now, in just simple exploration, we’ve identified six other small pits or workings that the old-timers had found mineralization, back in the day when they found just something interesting.

“That, to us, indicates that there is genuine exploration potential not just in the 150-metre radius surrounding the mine, but in the surrounding land.”

Much of the site is covered by calcrete, a calcium alteration product up to several metres in thickness and more difficult to explore. All will have to be reckoned with before Yale decides where to drill.

This article is intended for information purposes only, and is not a recommendation to buy or sell the equities of any company mentioned herein. It is based on sources believed to be reliable, but no warranty as to accuracy is expressed or implied. The opinions expressed in the article are those of the author except where statements are attributed to individuals other than the author, in which case the opinions are those of the individual to whom they are attributed.

The author and ResourcexInvestor.com are not shareholders in the companies herein mentioned, and the author, as an employee of Resourcex Publishing Corp is expressly prohibited for owning any securities about which they may write for a period of 30 days prior to and 30 days after initial publication of the article in which the securities of any company are mentioned.

Firestone's Torlon check test returns 25 m of 26.77% Zn

2007-10-04 15:01 ET - News Release

Mr. Lori Walton reports

FIRESTONE VENTURES REPORTS ON CHECK ASSAY PROGRAM, CONFIRMS 25.0 METRES OF 26.77% ZINC AT TORLON HILL

Independent consultants Watts, Griffis and McOuat Ltd. (WGM) have completed extensive check assaying as part of Firestone Ventures Inc.'s rigorous quality assurance/quality control (QA/QC) program. The results have been integrated into Firestone's existing database of drill assay results for the Torlon Hill zinc-lead-silver project, located 18 road kilometres northwest of the city of Huehuetenango, Guatemala.

The check assaying component of Firestone's QA/QC program helps determine the effectiveness and accuracy of current laboratory, and assaying techniques, and is of particular importance due to the high-grade nature of the non-sulphide zinc mineralization (smithsonite) at Torlon Hill.

Using a 3-per-cent zinc cut-off grade, WGM's new assay intervals confirm the high-grade nature of Firestone's original intersections announced in previous news releases.

 
                       HIGHLIGHTS OF THE RECALCULATED INTERVALS  
                          (using a 3-per-cent zinc cut-off)  
  
 Drill hole TH06-01:  28.8 metres of 10.91% zinc, 1.89% lead and  6.72 g/t silver(i) 
 Drill hole TH06-02:  25.0 metres of 26.77% zinc, 1.42% lead and  5.98 g/t silver(i) 
                and    4.0 metres of 11.24% zinc, 2.14% lead and 20.65 g/t silver 
 Drill hole TH06-05:   6.5 metres of 11.32% zinc, 5.93% lead and 38.60 g/t silver 
                and   21.0 metres of  8.16% zinc, 2.54% lead and 22.15 g/t silver 
 Drill hole TH06-13:  53.3 metres of  9.66% zinc, 1.86% lead and 12.21 g/t silver(i) 
 Drill hole TH06-14:  13.7 metres of  9.79% zinc, 1.32% lead and 12.50 g/t silver 
                and   31.3 metres of 14.28% zinc, 0.20% lead and  1.27 g/t silver 
 Drill hole TH06-23:  21.3 metres of 19.07% zinc, 3.74% lead and 48.84 g/t silver 
 Drill hole TH06-31:  10.6 metres of 10.96% zinc, 7.75% lead and 41.25 g/t silver 
 Drill hole TH07-53:  42.5 metres of  9.50% zinc, 5.17% lead and 34.39 g/t silver 
  
 (i) Intersection begins on surface (0.0 metre) 
 

Constantine Cuts 46 Feet (14.0 Metres) of Copper-Zinc Rich Massive Sulphide
Wednesday September 26, 12:38 pm ET

3.79% Cu, 7.24% Zn, 0.37 g/t Au, 47 g/t Ag

WHITE ROCK, BRITISH COLUMBIA--(MARKET WIRE)--Sep 26, 2007 -- Constantine Metal Resources Ltd. (CDNX:CEM.V - News) (the "Company") is pleased to announce partial analytical results for 1 drill hole at the ongoing 2007 drilling program on its polymetallic massive sulphide Palmer project near Haines, Alaska. The 2007 Palmer drilling program started in late July and to date more than 6000 ft (greater than 1800m) of drilling has been completed in 6 holes. Partial assay results have been received for hole CMR07-07; all other assay results are pending.

Hole CMR07-07 intersected 45.90 ft (14.0m) of 3.79% copper, 7.24% zinc, 0.37 g/t gold, 47 g/t silver. The intersection can be divided into an upper zinc zone; 14.30 ft (4.4m) - 13.60% zinc, 0.65% copper, 0.15 g/t gold, 18 g/t silver and a contiguous underlying copper zone; 31.60 ft (9.6m) 5.22% copper, 4.36% zinc, 0.47 g/t gold, 60 g/t silver. The estimated true width of the intersection is approximately 85-90% of the core length. The intersection is on the Glacier Creek prospect and is located in the footwall to the RW Zone at base of the RW rhyolite. It represents a third stacked high grade mineralized horizon (RW2) that can be tested with surface drilling.

The CMR07-07 high grade intersection is located 230 ft (70m) west of the 2006 intersection in CMR06-01 (16.8 ft (5.12m) of 10.86% zinc, 0.13% Pb, 0.23% copper, 0.13 g/t gold and 44.4 g/t silver) and about 230 ft (70m) east of a 36 ft (11m) interval of rhyolite hosted massive pyrite stringers at the base of the RW horizon (0.81% zinc and 0.15% copper) in CMR06-03. Two drill holes were completed from the CMR07-07 drill site in 2007. The second hole (CMR07-08) intersected the same mineralized horizon as CMR07-07, in an 83 ft (25.3m) wide zone of leached barite and oxidized sulphides. This intercept is approximately 165 ft (50 m) updip from the CMR07-07 intercept towards the oxidized surface exposure of the zone. Assays for the CMR-07-08 intercept are pending.

The RW and the RW2 zones are separated by the RW rhyolite that varies from 0 to a maximum indicated thickness of 180 ft (55m). In the absence of the RW rhyolite, the RW and RW2 zones become a single sulphide horizon which appears to be the case with the 2006 intersection in CMR06-01. The RW and RW2 zones remain open to the east and west and down dip to the northwest and northeast.

At the Cap prospect target, two holes (aggregate of 2204 ft) were drilled to test for strike extensions and metal zonation relative to historic (pre-Constantine) drill intercepts of 76.1 ft (23.2m) in Cap-01 of 134 ppm silver (3.91 oz/t), 0.24% zinc, 0.16% Pb and 297.2 ft (90.6m) in RMC98-01 of 31 ppm silver (0.90 oz/t), that includes 35.8 ft (10.9m) of 62 ppm silver (1.81 oz/t), 0.19 ppm gold, 0.21% zinc. The Constantine holes (CMR07-04 and CMR07-05) indicate continuity of mineralization and alteration.

The remaining four, 2007 holes completed to date (including CMR07-07 and CMR07-08 discussed above) are located at the Glacier Creek prospect, testing the RW (and RW2), Main and South Wall targets. The drill is currently operating at a lower elevation drill site, 1640 ft (500m) east of the CMR07-07 drill pad where it is testing the RW-RW2, Main zone and South Wall horizons. One hole has been completed at this site (CMR07-09) and a second hole (CMR07-10) is in progress. CMR07-10 is expected to be the final hole of the 2007 drill program.

Garfield MacVeigh, President and CEO, commented, "The mineralized zones encountered to date continue to demonstrate the exciting potential of the project. The latest holes have indicated the presence of a thick zone of mineralization with good grade and continue to build and confirm the geological interpretation. There are many obvious step-out holes to drill. We are very excited about the future prospects for this project."

The Company is preparing a map that shows the drill hole locations that will be posted on its website www.CONSTANTINEMETALS.COM. New assay results will be reported as they are received.

About Constantine

The Company is currently exploring its 100% controlled Palmer project, a world class base metal exploration opportunity in a very accessible part of southeast Alaska and has recently signed the definitive agreement to acquire a 100% interest, subject to a 2% NSR production royalty, in the high grade Croesus Gold Mine property located in the prolific gold producing southern Abitibi greenstone belt in Northern Ontario. The closing of the Croesus property acquisition to transfer 100% interest to Constantine is pending.

J. Garfield MacVeigh, President

Notes:

Samples of drill core were cut by a diamond blade rock saw, with half of the cut core placed in individual sealed polyurethane bags and half placed back in the original core box for permanent storage. Samples were either shipped by truck from Whitehorse to an independent ALS Chemex prep lab in Terrace where pulped samples are then shipped by air to ALS Chemex in North Vancouver or alternately, samples are shipped directly by air freight from Whitehorse in sealed woven plastic bags to ALS-Chemex laboratories in North Vancouver. ALS Chemex laboratories operate according to the guidelines set out in ISO/IEC Guide 25. Gold was determined by fire-assay fusion of a 30 g sub-sample with atomic absorption spectroscopy (AAS). Various metals including silver, gold, copper, lead and zinc were analyzed by inductively-coupled plasma (ICP) atomic emission spectroscopy, following multi-acid digestion. The elements copper, lead and zinc were determined by ore grade assay for samples that returned values greater than 10,000 ppm by ICP analysis.

The 2007 exploration program for the Palmer project is managed by J. Garfield MacVeigh, President and CEO of Constantine Metal Resources Ltd. and a qualified person as defined by Canadian National Instrument 43-101. Mr. MacVeigh has reviewed the information contained in this news release.

Forward looking statements:

The news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization, exploration results and future plans and objectives of Constantine are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Constantine's expectations include exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. This news release provides partial assay results for one hole only. There is no assurance that assay results for remaining holes will provide similar results.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Mountain Lake Arranges Convertible Note Financing With Sprott Asset Management
Monday September 10, 8:30 am ET

Private Placement of 2-Year Convertible Notes With a Face Value of $2,000,000

HALIFAX, NS--(MARKET WIRE)--Sep 10, 2007 -- Mountain Lake Resources Inc. (CDNX:MOA.V - News) ("Mountain Lake" or the "Company") is pleased to report it has arranged a private placement debt financing through Sprott Asset Management Inc. ("Sprott") of 2-year limited recourse convertible notes with an aggregate face value of $2,000,000 (the "Notes") that will be placed with a group of the Sprott managed investment funds.

The Notes will bear an annual interest coupon rate of 7% per annum, payable annually. The Notes, including any accrued interest, are convertible at the election of the Company at any time after the first year into common shares of Etruscan Diamonds Ltd. ("Etruscan Diamonds"), a corporation incorporated under the Federal laws of Canada and partially owned by the Company, at a conversion price of $2.00 per share of Etruscan Diamonds.

The Company will deposit into escrow a total of 1,000,000 common shares of Etruscan Diamonds as security for repayment to the noteholders (the "Collateral Security"). In the event of default in repayment or the failure of the Company to convert the principal and accrued interest into common shares of Etruscan Diamonds, then the noteholders' sole recourse against the Company will be limited to the Collateral Security, and the noteholders will not have any further recourse against the Company or its other assets for any deficiency. The Company owns an additional 4,250,000 shares of Etruscan Diamonds, all of which are unencumbered.

The funds will be used to finance the Company's 2007 and 2008 exploration and development programs, and general working capital purposes. The Notes are subject to the acceptance of the TSX Venture Exchange.

About Mountain Lake Resources Inc.

Mountain Lake Resources Inc. (CDNX:MOA.V - News) is a diversified junior mining and exploration company whose corporate strategy is to build shareholder value through the exploration and development of economically viable mineral properties. Current projects include: a 100% interest in the Bobby's Pond Base Metal Project; the Valentine Lake Gold Project, in which Richmont Mines Inc. is earning a 70% interest; and a 17.2% stake in Etruscan Diamonds Limited, a producing diamond miner in South Africa. For more information visit: www.mountain-lake.com

ON BEHALF OF THE BOARD OF DIRECTORS

s/"Gary Woods"

President & CEO

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Distributed by Filing Services Canada and retransmitted by Marketwire

Zincore Drills 13 Metres of 12.7% Zinc at Yanque and 14 Metres of 19% Zinc at Accha
Wednesday September 5, 7:15 am ET

http://ca.us.biz.yahoo.com/iw/070905/0298139.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Sep 5, 2007 -- Zincore Metals Inc. (Toronto:ZNC.TO - News) has completed its first two diamond drill holes in the Yanque deposit and nine additional diamond drill holes in the Accha deposit. These results at the Company's 100%-owned Accha-Yanque project in southern Peru continue the intensive exploration and definition drilling campaigns that have been ongoing through 2007.

Exploration at Yanque is targeting infill drilling within the inferred mineral resource area and step-out drilling to expand resources. The two holes for which assays have been received are 150 metres apart within the inferred mineral resource area and mineralization started at surface in both holes. Highlights of this drilling include:

- Hole YA-2 which intersected 13 metres at 12.7% zinc and 1.1% lead and 10.5 metres at 1.2% zinc and 8.1% lead, and

- Hole YA-1 which intersected 16 metres at 4.8% zinc and 1.3% lead.

Three additional holes have been drilled at Yanque and samples are being transported for assaying. Two twin holes have been drilled and the entire core from these holes is being shipped to South Africa for use in the ongoing metallurgical test work program. Upon completion of the metallurgical holes, exploration and infill drilling at Yanque will continue as part of a planned 10,000-metre exploration program.

Drilling at Accha continued to target the main southern limb of mineralization at depth and along strike to the west. Additionally, five holes were drilled targeting a northern limb to the main southern dipping fold structure. Highlights of the Accha drilling include:

- Hole AC-55 which intersected 37 metres at 5.0% zinc (which included an interval of 8 metres at 9.4% zinc and 2.8% lead) and 8 metres at 17.1% zinc and 2.5% lead, and

- Hole AC-60 which intersected 14 metres at 19.1% zinc.

All results are core interval length. Full results, including estimated true widths for drill holes within the Accha deposit, are presented in the attached tables. Drill hole location maps for each deposit and news releases relating to previous exploration results are available on Zincore's website at www.zincoremetals.com.

At Accha, where 62 exploration holes have been drilled since the program started, geotechnical and investigative drilling is ongoing associated with waste dump, tailing and pit designs as part of the engineering program. A mineral resource estimate at Accha incorporating all recent and historical drill results is being completed. As planned, upon completion of the geotechnical drilling, the focus of exploration work will shift to the Yanque deposit to advance the deposit and enable engineering and technical work to be started.

President and CEO Timo Jauristo commented, "It is encouraging to see successful initial results from the drilling on the Yanque deposit coupled with continued positive exploration at the Accha deposit. Our surface work at Yanque shows mineralization outside of the inferred mineral resource area so we will be pushing hard through the second half of the year on our exploration program to better understand Yanque's size potential."



Yanque Deposit Exploration Results

 
 ---------------------------------------------------------------- 
               Intersection 
             along drill hole 
           ------------------         Core 
 Hole         From         To     Interval        Zinc       Lead 
 No.       (metres)   (metres)     (metres)(1)      (%)        (%) 
 ---------------------------------------------------------------- 
 YA-1         0.10       16.1         16.0        4.75       1.34 
 ---------------------------------------------------------------- 
  
 ---------------------------------------------------------------- 
 YA-2          0.0       13.0         13.0       12.73(2)    1.13 
 ---------------------------------------------------------------- 
  
 ---------------------------------------------------------------- 
              17.0       32.0         15.0        3.93       0.86 
 ---------------------------------------------------------------- 
  
 ---------------------------------------------------------------- 
             47.85      58.35         10.5        1.18       8.05(2) 
 ---------------------------------------------------------------- 
 

 
 Drill Holes Targeting Southern Limb 
 ------------------------------------------------------------------------ 
                   Intersection 
                along drill hole             Estimated 
              ------------------      Core        True 
 Hole            From         To  Interval       Width      Zinc     Lead 
 No.          (metres)   (metres)  (metres)    (metres)       (%)      (%) 
 ------------------------------------------------------------------------ 
 AC-54                            No significant values 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 AC-55          364.5      401.3      36.8(2)     20.4(2)   5.01(2)  0.98(2) 
 ------------------------------------------------------------------------ 
 Including      376.5      384.5       8.0         4.4      9.39     2.79 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
                408.7      416.8       8.1         4.4     17.14     2.48 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
                425.7      434.7       9.0         5.0      3.34     0.12 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 AC-56                            No significant values 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 AC-61          474.0      481.0       7.0         5.2      1.97     0.36 
 ------------------------------------------------------------------------ 
 (3) Interval includes 1.45 metres of lost core at zero grade. 
  
  
 Drill Holes Targeting Northern Limb 
 ------------------------------------------------------------------------ 
                    Intersection 
                along drill hole             Estimated 
              ------------------      Core        True 
 Hole            From         To  Interval       Width      Zinc     Lead 
 No.          (metres)   (metres)  (metres)    (metres)       (%)      (%) 
 ------------------------------------------------------------------------ 
 AC-57           84.1       89.1       5.0         3.9      5.15     1.27 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 AC-58            1.0        8.0       7.0         7.0      5.55     0.02 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 AC-59                            No significant values 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 AC-60           22.1       36.1      14.0        14.0     19.11     0.42 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 AC-62            2.0       11.0       9.0         9.0      3.38     0.18 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
                 45.0       57.6      12.6        12.6      5.27     0.11 
 ------------------------------------------------------------------------ 
 

Silvermet Updates Waelz Kiln Zinc Project in Turkey
Tue Aug 28, 12:34 PM

http://ca.news.finance.yahoo.com/s/28082007/28/link-finance-news-silvermet-updates-waelz-kiln-zinc-p...

TORONTO, ONTARIO--(Marketwire - Aug. 28, 2007) - Silvermet Inc., ("Silvermet") (TSX VENTURE: SYI.V) is pleased to update shareholders on progress being made on its Waltz Kiln Project in Turkey in advance of a production decision anticipated in the first quarter 2008.

- Capital and operating cost report from SNC Lavalin to be completed early 2008.

- Turkish subsidiary Cevmetco to be incorporated September 2007.

- B.U.S., Germany, Waelz kiln tests on electric arc furnace dust (EAFD) and carbonite ore mixes completed.

- SGS Lakefield beneficiation on Tufanbeyli ores completed. Kayseri ore tests in progress.

- Favourable Waelz kiln plant site located near city of Kayseri.

- Tufanbeyli drilling program continues with phase 3 drill program.

- Ore feedstock contracts signed with mine owners in Kayseri area.

- Discussions with EAFD producers progressing.

- Planned production of 175 million pounds of zinc in concentrates per year employing twin-Waelz kilns.

Details of the plans are as follows:

Silvermet has scheduled the completion of SNC Lavalin's capital and operating report to bankable standards, by the first quarter of 2008. Key to the project's timing is the manufacturing schedule for the proposed twin Waelz kilns.

Silvermet's establishment of its Turkish subsidiary Cevresel Metal Donusum Madencilik Senayi ve Ticaret A.S (CEVMETCO) will be finalized in September, 2007.

B.U.S. Steel Services GmbH (Germany) has completed tests on representative ores from Tufanbeyli and on electric arc furnace dust (EAFD). Given that there are three feedstock sources for the kilns, Tufanbeyli ore, Kayseri ore and EAFD, the mix of feedstocks can vary from month to month without affecting overall annual zinc output. Tests have been conducted on 100% ore, 100% EAFD, and 50:50 ore and EAFD.

Silvermet completed tests by SGS Lakefield, Peterborough, on beneficiating Tufanbeyli ores. The Kayseri area hosts numerous high-grade deposits, many of which have been mined by local producers since the 1950s. Two fifty kilogram samples have now been prepared from Kayseri sites for shipment to Lakefield to confirm the beneficiation characteristics of Kayseri ores as compared to ores from Tufanbeyli.

High grade lead ores were also mined for many years by the Romans. A 50 kilogram sample of lead-silver ore from the Kayseri area is also being sent to Lakefield for flotation tests with a view to establishing the parameters for the separate mining and processing of high-grade lead bearing material. At Kayseri, it is common to find a lead-rich band of ore grade material existing separately within the zinc-rich horizon.

Silvermet has commenced discussions with Kayseri Industrial Park officials for large acreage to accommodate its proposed Waelz Kiln installation and related infrastructure. Acreage requested by Silvermet will include areas for material storage and handling, and residue disposal. The residue product from the kilns is expected to be environmentally benign.

At Tufanbeyli, the ongoing one million dollar drill program is focused on sites that will add other potential new zinc resources to Silvermet. By year-end 2007 Silvermet will have spent three million dollars of the five million dollars to earn 70% of the Tufanbeyli project.

At Kayseri, two large volume purchase contracts have been negotiated between Silvermet and local mine owners, which will represent a long-term ore source from this area.

Because of extensive mining in the Kayseri area over the year large tonnages of potential ore ranging from low-grade material to over 30 percent zinc content have been exposed. Currently, plus-25 percent material is mined for direct shipment to China. Through a process of crushing, screening and sorting Silvermet plans to truck material grading between 12 and 15 percent from these areas for processing in Silvermet's beneficiation plant.

Two beneficiation plants are intended for installation; one at the Kayseri mining area, and the other near Tufanbeyli. The beneficiation plants will be designed to produce 20 to 30 percent zinc feedstock for the Waelz kilns. The by-product limestone based residue from the beneficiation plants is expected to have a number of commercial uses.

In addition, discussions have begun with electric arc furnace dust (EAFD) suppliers with a view to securing a component of EAFD for feedstock to the kilns.

Assuming good progress over the fourth quarter of 2007 and the first quarter of 2008 Silvermet will be technically positioned to commence detailed project design, place equipment orders and prepare for construction beginning by mid- 2008.

The critical path for the project is governed by the delivery time for the two Waelz kilns. As a result of testwork done to date, the kiln sizing and basic design parameters have been established. The selection of the manufacturer will be made with advice from an expert engineering firm with experience in the design and operation of such equipment. Delivery time will determine the overall timeframe for commencing production. Twelve months is expected for manufacture with an addition three to six months required for construction and achieving initial commercial production. Once the kilns are ordered, associated equipment and infrastructure can proceed in parallel.

The Waelz kiln ore/EAFD metal processing facility will be designed to have a total output of 120,000 tonnes per year of zinc grading plus 65 percent zinc in calcine. At this capacity the project is planned to deliver 175 million pounds of zinc per year to refiners. The two Waelz kilns will be designed to process and blend carbonate zinc ores from Tufanbeyli and Kayseri and EAFD. Having three sources of feedstock, the project will be independent of any interruptions in supply.

The Waelz kiln process for the extraction of usable metals has been largely developed in Europe. B.U.S. in Germany has two zinc plants and two nickel recovery plants in operation, employing advanced Waelz kiln technology.

The proposed location for the plant in Kayseri will have ready access by rail or road to the sea port of Mersin on the Mediterranean coast. Raw materials to the plant can also be delivered by rail or truck. The industrial site has in place nearby roads, rail access, power, water and sewage which can be easily extended to the proposed Silvermet site. Located close to Kayseri, the site will benefit from the readily available skilled workforce.

Silvermet Inc. is an exploration and development company presently focused on developing a number of zinc projects in Turkey and exploring its nickel-copper-platinum group metals project located in Nunavut, Canada.

Caution concerning forward-looking statements: The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, political instability, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raised additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events except as may be required under applicable securities laws. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

The TSX Venture Exchange has in no way passed upon the merits of the transaction and has neither approved nor disapproved the contents of this press release.

Contacts

Clifford H. Frame
Silvermet Inc.
Chairman
(416) 203-8336
(416) 203-9483 (FAX)

Stephen G. Roman
Silvermet Inc.
President and CEO
(416) 368-3949
Website: www.silvermet.ca

Full Metal Intersects 8.1 Meters of 12.3% Zinc Oxide at Fish Prospect, 40 Mile Property
Tuesday August 28, 9:00 am ET

http://ca.us.biz.yahoo.com/iw/070828/0295675.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 28, 2007 -- Full Metal Minerals (CDNX:FMM.V - News) is pleased to announce that assay results have been received from three step-out drill holes completed at the Fish zinc-silver oxide, carbonate replacement prospect on the 40 Mile Property in east-central Alaska.

The three drill holes totaling 590 meters, tested the strike extensions to the high-grade zinc and silver values encountered during the 2006 drilling program (see FMM 2006-NR #29 Nov 02, 2006). Assay results are as follows:

 
 Hole-ID         From         To     length     Zn %     Ag (g/t) 
 Fish07-08      101.2     105.77       4.57      2.2        46.7 
  
 Fish07-09     250.64      258.7       8.06     12.3         6.9 
 And           279.19      313.5      34.31      2.9         4.9 
 including     306.08      310.5       4.42      5.6         1.7 
  
 Fish07-10       52.6      58.22       5.62      4.2        19.4 
                68.15      70.22       2.07      0.3         205 
 

Manicouagan Reports Additional Encouraging Results From Brabant Lake Including 5.34% Zinc, 1.08% Copper, 54.88 Grams/Tonne Silver and 0.28 Grams/Tonne
Tue Aug 28, 8:00 AM

http://ca.news.finance.yahoo.com/s/28082007/28/link-finance-news-manicouagan-reports-additional-enco...

TORONTO, ONTARIO--(Marketwire - Aug. 28, 2007) - Manicouagan Minerals Inc. (TSX VENTURE: MAM.V) announced today additional encouraging assay results from four more holes from the Phase II drilling program currently underway on the Brabant Lake zinc deposit. Assays have been received for drill holes BR-07-25, BR-07-26 and BR-07-27 and BR-07-28 and are summarized in the table below.

 
 ------------------------------------------------------------------------ 
            Zone                   Length    Zn    Cu   Pb     Ag     Au 
 Hole ID    ID(i)  From     To    (ii) (m)   (%)   (%)  (%)  (g/t)  (g/t) 
 ------------------------------------------------------------------------ 
 BR-07-25     UZ 144.71 150.75       6.04  4.86  0.56 0.04  13.37      - 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 BR-07-26     UZ 179.38 185.69       6.31  4.91  0.56 0.20   17.5   0.21 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 BR-07-27     UZ 188.38 192.71       4.33  4.23  0.44 0.06    8.7   0.01 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 BR-07-28    HWZ 303.49 304.33       0.84  4.19  0.24 0.08    6.4   0.03 
 ------------------------------------------------------------------------ 
              UZ 318.35 321.90       3.55  8.61  1.43 0.10  37.83   0.02 
 ------------------------------------------------------------------------ 
              LZ 355.55 364.99       9.44  5.34  1.08 0.33  54.88   0.28 
 ------------------------------------------------------------------------ 
  
 ------------------------------------------------------------------------ 
 (i) Hanging Wall Zone (HWZ) Upper Zone (UZ), Lower Zone (LZ) 
 (ii)down-hole length approximately 85% true width 
 

Zinifex reports 24% profit growth on zinc high prices
27/08/2007 By: Zachary Corones

http://www.egoli.com.au/egoli/egoliStoryPage.asp?PageID=%7BA04C01BB-5E99-4D4E-96FD-E24EC2808293%7D&a...

Zinifex reports profit growth of 24% on zinc high pricesZinifex Limited (ZFX) has reported a net profit after tax of $1.33 billion, up more than 24% on the net profit for the 2006 financial year. The mining business was the major contributor to the result. providing $827.5 million, while the smelting business added $507.3 million.

Profitability of all operations increased with Rosebery, Hobart and Budel nearly double or better, their contributions compared to the year before, the company said.

For the first time, Zinifex’s income statement focused on the performance of the mining business, recognising that in future Zinifex’s smelting operations will be part of Nyrstar, an entity formed to merge Zinifex’s zinc smelting and alloying businesses with those of Umicore, a Belgium listed materials company.

Profit before financing costs and income tax was also a record at $1.74 billion, 82% higher than the year before.

Zinifex said a substantial income tax expense was booked for the period compared with an income tax benefit in the previous financial year, reflecting that substantially all of Zinifex’s tax losses have now been recognised.

This change in tax position was the primary reason why net profit after tax increased by a smaller 23% when compared with the 82% increase in profit before tax.

Cash inflows from operating activities were reported at $1.59 billion, an increase of 83% compared to the previous financial year.

Total production was approximately 5% below last year. The mining heavyweight said this was due largely to longer than normal planned shutdowns at Century and Port Pirie as well as lower lead grades in Century ore.

“In contrast Hobart delivered record zinc production and Budel increased output following the commissioning of an expansion,” the company added.

The miner said a ongoing strong performance of the resources sector had continued to apply upward pressure on costs.

Underlying operating costs excluding exchange rate impacts were up by some 11%, however specific period expenditures associated with the extended Port Pirie shutdowns, final payout to the departing CEO and revised environmental provisions at Port Pirie increased the headline rate to 15%, the company said.

“Operating cost increases were experienced in all areas of the mining business with employees, services, consumables, freight and energy all costing more,” it said.

Looking forward, the zinc and lead producer said movements in zinc prices and the A$/US$ exchange rate would have the greatest impact on its profitability.

“After the very strong metal prices witnessed in the 2007 financial year, both zinc and lead prices have come under pressure in August as uncertainty in global financial markets extends into the metal markets,” the company said.

“Offsetting these falls to an extent has been the fall in the Australian dollar relative to the United States dollar.”

Despite this volatility, Zinifex said underlying metal market fundamentals remained intact and continued to be favourable.

“Demand for both zinc and lead continues to be strong driven by growth in the Chinese economy,” it said.

“Overall we expect that zinc and lead prices, supported by strong fundamentals, will remain at levels that are well above historic long term averages.”

Zinifex announced a dividend of 70c per share, fully franked, bringing total dividends announced to $1.40 per share for the year, a rise of 75% over last year.

By 1107 AEST, shares in Zinifex had gained 60c to $17.35.

nice find. it's been added to header. thanks for keeping board alive. zinc stocks continuing to hit new lows is reassuring and providing a source of confidence to accumulate during this correction.

SRA Production on Schedule to Commence In Q4 2007
Friday August 17, 11:51 am ET

http://ca.us.biz.yahoo.com/iw/070817/0292116.html

Start-up fully funded from Initial Public Offering

TORONTO, ONTARIO--(MARKET WIRE)--Aug 17, 2007 -- Strategic Resource Acquisition Corporation (Toronto:SRZ.TO - News)(Toronto:SRZ-NT.TO - News) ("SRA" or the "Company) is pleased to report that progress at its zinc mining complex in Tennessee (MTM) is on track to meet its production start-up target in the fourth quarter of this year. The Company expects that completion of the mill refurbishment will occur by early November to allow for production to commence.

In May 2007, SRA completed its initial public offering raising gross proceeds of C$112 million in shares and units to fully fund the start-up of operations. With the proceeds from the IPO, the Company purchased US $60 million at a rate of $1.06 thereby reducing its 2007 budgeted US denominated capital costs by $4.5 million, securing the required funds for the 2007 start up.

Ian MacNeily, SRA's Executive Vice President and Chief Financial Officer added, "With $83 million currently in cash at a major Canadian bank earning interest at treasury bill rates, we have followed a prudent financial strategy that ensures that the start-up capital for the MTM project is available, with negligible credit risk."

About SRA

SRA Corporation is focused on the development of the MTM zinc project in the State of Tennessee. The MTM project will produce one of the highest quality zinc concentrates in the world and efforts are underway to establish recovery methods for the valuable germanium and gallium contained in the concentrate. The Company's goal is to become a producer of zinc commencing in late 2007 through the re-opening of the MTM zinc mines comprised of five historic producing underground zinc mines (Elmwood, Gordonsville, Carthage, Stonewall and Cumberland) as well as the undeveloped East Carthage zinc deposit. The MTM mining and milling complex is located approximately 80 kms east of Nashville. The district is situated amid excellent infrastructure including roads, water, power, major airport with access to a well-trained workforce. Demand for zinc used largely in galvanizing steel has doubled in recent years becoming increasingly in short. The Company also plans to explore and develop additional properties and redeploy cash flow to pursue a strategy of accretive acquisitions. Once in full production, the Gordonsville Complex at MTM is expected to be the largest zinc producer and domestic source of germanium and gallium in the continental USA.

A technical report dated May 10, 2007 prepared by Watts, Griffis and McOuat Limited in accordance with the standards adopted by the CIM and compliant with National Instrument 43-101 is available on the Company's filings on www.sedar.com.

The Company's common shares are listed on the TSX under the symbol SRZ and the Company's Notes are listed on the TSX under the symbol SRZ.NT.

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects, the future price of zinc or other metal prices, the estimation of mineral resources and realization of mineral resource estimates, the timing and amount of estimated future production, costs of production, capital, operating and exploration expenditures, costs and timing of the development of new deposits and future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of regulatory matters, and that reflects management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect management's current beliefs and are based on information currently available to management. Forward-looking statements involve significant risks, uncertainties and assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including those listed in the ''Risk Factors'' section of the Company's prospectus on file with Canadian provincial securities regulatory authorities. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

For further information, please email info@sra-corporation.com.


Contact:

Contacts:
Strategic Resource Acquisition Corporation
Victor P. Wyprysky
President and Chief Executive Officer
(416) 861-0430 ext. 1833
Email: victor.wyprysky@sra-corporation.com

Strategic Resource Acquisition Corporation
Ian M. MacNeily
Executive VP and Chief Financial Officer
(416) 861-0430 ext. 1422
Email: ian.macneily@sra-corporation.com
Website: http://www.sra-corporation.com


Source: Strategic Resource Acquisition Corporation

Murgor Drilling discovers a new zinc zone at the Fon deposit and extends the Blue, Brown and Red zones.
Thu Aug 16, 7:02 AM

http://ca.news.finance.yahoo.com/s/16082007/30/link-finance-news-murgor-drilling-discovers-new-zinc-...

MONTREAL, Aug. 16 /CNW Telbec/ - Murgor Resources Inc. (MUG: TSX-V) is pleased to announce the results from its latest drilling program at the Fon deposit in north-eastern Saskatchewan. The drilling program was carried out from February to April of 2007, and consisted of twelve (12) drill holes for a total of 3,805 meters. Publication of the results was delayed due to QA-QC verification procedures by Murgor and delays at the geochemical laboratory.

Of the twelve drill hole program, six (6) consisted of infill and twin holes designed to confirm Murgor's NI 43-101 resource estimate at Fon and six (6) consisted of exploration holes designed to increase the existing resource by extending the current limits of the ore lenses (all the drill hole results of this program are reported at the end of this press release).

Every drill hole of the drilling program has intersected multiple sulphide lenses including a new mineralized horizon sitting in the hanging wall of the Blue Lens. This new mineralized horizon (the Pink Zone) was intersected by five drill holes with results of up to 5.46% Zn, 1.05 g/t Au and 51.73 g/t Ag over 1.36 metres. Furthermore, exploration drill holes have extended known lenses as follows:


- The Blue Lens was extended by up to 80 metres by three exploration
holes (FZS-07-002, 003 and 007),
- The Brown Lens was extended by 70 metres up-dip, with drill hole FZS-
07-007, and
- The Red Upper Lens was extended by 200 metres up-dip, with drill hole
FZS-07-010.

Highlights of the program include intersections of 10.66% Zn and 44.62 g/t
Ag over 2.89 metres, 9.50% Zn and 38.47 g/t Ag over 1.64 metres, 8.26% Zn and
46.44 g/t Ag over 4.11 metres, 8.67 % Zn and 39.00 g/t Ag over 0.99 metres,
7.23% Zn and 49.91 g/t Ag over 1.34 metres, 6.32% Zn and 17.93 g/t Ag over
6.33 metres, and, 5.04% Zn and 19.96 g/t Ag over 6.81 metres (all calculated
true widths are reported in table below).
"We are very excited about these results and are looking forward to our
next phase of drilling at Fon," says Andre C. Tessier, President and CEO of
Murgor Resources. "Especially once we combine our new findings with the
results of our geophysical surveys on the property. The new Pink Zone opens up
a whole new sector of the deposit that we are anxious to explore in further
detail. Discoveries of new zones often happen in these multiple-lens deposits
and Murgor is counting on the extensions of known zones as well as the
discovery of new zones to expand the high grade zinc resource at Fon."
Murgor is earning a 100% interest in the Fon Deposit, optioned from HudBay
Minerals Inc. (HBM: TSX) in September of 2006, along with the Hudvam, Wim,
Abbott Lake and Tyr deposits. The Fon, Hudvam and Wim deposits have a combined
NI 43-101 compliant Inferred resource of: 6,798,000 metric tonnes of ore,
containing 143,150,000 pounds of copper, 430,251,000 pounds of zinc,
221,000 ounces of gold and 2,526,000 ounces of silver (see the complete table
of resources at the end of this press release). Murgor is also earning a 50%
interest from HudBay, in two large-scale grassroots projects covering
186,104 hectares of extremely prospective ground. All properties are located
in the Flin-Flon greenstone belt of Manitoba and Saskatchewan.
The current NI 43-101 compliant resource at the Fon deposit is as follows
(see Murgor press release February 20, 2007):

 
     CUT-OFF        TONNAGE         GRADE                   CONTAINED METAL 
     GRADE           (Tons) 
     ------------------------------- 
     1% Zinc      5,007,888     3.73% Zn, 0.25% Cu,        373,588,445 lbs Zn, 
                                    0.35 oz/ton Ag          25,039,440 lbs Cu, 
                                                              1,752,761 oz Ag 
     3.5% Zinc    1,677,377     6.79% Zn, 0.27% Cu,        227,787,797 lbs Zn, 
                                    0.54 oz/ton Ag           9,057,836 lbs Cu, 
                                                                905,784 oz Ag 
     -------------------------- 
 

 
                            TABLES OF BEST RESULTS 
  
     FON DEPOSIT INFILL HOLES (February to April, 2007) 
     -------------------------------------------------- 
     ------------------------------------------------------------------------- 
     Hole Number  From  To       Core   True   Cu   Zn    Au     Ag    Horizon 
                               Length  Width 
                  ------------------------------------------------------------ 
                   (m)  (m)       (m)    (m)   (%)  (%)  (g/t)  (g/t) 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-001   42.53   44.11   1.58   1.35  0.05  5.46  1.05  51.73     PINK 
     ------------------------------------------------------------------------- 
                131.76  138.09   6.33   5.61  0.11  6.32  0.10  17.93  BLUE HW 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-005  167.76  168.06   0.30   0.28  0.27  7.67  NSV   17.00     New 
                                                                         Zone 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-006                                 NSR 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-009  435.36  438.25   2.89   2.63  0.15 10.66   NSV  44.62     BLUE 
                                                                       HW WEST 
     ------------------------------------------------------------------------- 
                473.94  478.05   4.11   3.77  0.21  8.26  0.16  46.44    AMBER 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
  
  
     FON DEPOSIT TWIN HOLES (February to April, 2007) 
     ------------------------------------------------ 
     ------------------------------------------------------------------------- 
     Hole Number  From  To       Core   True   Cu   Zn    Au     Ag    Horizon 
                               Length  Width 
                  ------------------------------------------------------------ 
                   (m)  (m)       (m)    (m)   (%)  (%)  (g/t)  (g/t) 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-004   93.64  94.66    1.02   0.89  1.11  4.08  0.62 118.40  BLUE HW 
     ------------------------------------------------------------------------- 
                100.40 101.89    1.49   1.31  0.50  0.40  7.19 248.35     BLUE 
                                                                         FW AU 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-008  220.63 221.97    1.34   1.06   NSV  7.23   NSV  49.91      RED 
                                                                         UPPER 
     ------------------------------------------------------------------------- 
                262.43 264.58    2.15   1.71  0.19  4.86   NSV  26.29      New 
                                                                          Zone 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
  
  
     FON EXPLORATION DRILL HOLES (February to April 2007) 
     ---------------------------------------------------- 
     ------------------------------------------------------------------------- 
     Hole Number  From  To       Core   True   Cu   Zn    Au     Ag    Horizon 
                               Length  Width 
                  ------------------------------------------------------------ 
                   (m)  (m)       (m)    (m)   (%)  (%)  (g/t)  (g/t) 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-002   59.24  59.40    0.16   0.11  NSV  23.30   NSV  76.00     PINK 
     ------------------------------------------------------------------------- 
                177.77 178.40    0.63   0.47  0.15 10.66   NSV  11.00  BLUE HW 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-003  179.70 180.69    0.99   0.91  0.20  8.67   NSV  39.00    BROWN 
                                                                            FW 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-007  136.02 142.83    6.81   5.72  0.10  5.04  0.16  19.96  BLUE HW 
     ------------------------------------------------------------------------- 
          Incl  149.52 151.16    1.64   1.38  0.11  9.50  0.92  38.47  BLUE HW 
     ------------------------------------------------------------------------- 
                190.51 191.04    0.53   0.45  0.03  9.98  0.10  43.00      New 
                                                                          Zone 
     ------------------------------------------------------------------------- 
                294.45 297.24    2.79   2.47  0.39  4.76  0.12   8.11    BROWN 
                                                                            FW 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-010   60.87  61.60    0.73   0.54  0.30  6.96   NSV  34.00      RED 
                                                                         UPPER 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-011                                 NSR 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     FZS07-012  227.00 227.15    0.15   0.13  0.32 30.20   NSV  56.00     PINK 
     ------------------------------------------------------------------------- 
  
  
              TABLES OF MURGOR'S NI 43-101 RESOURCE TO DATE OF THE FON, 
                              HUDVAM AND WIM DEPOSITS 
     DEPOSIT        TONNAGE                         GRADE 
                    (Tonnes)        Cu           Zn        Au             Ag 
     ------------------------------------------------------------------------- 
     WIM*       1,062,000        1.92%        0.26%   1.65 g/t     5.58 g/t 
     HUDVAM*    1,193,000        1.17%        1.71%   2.94 g/t    10.49 g/t 
     FON(xx)      4,543,126        0.25%        3.73%        -      10.88 g/t 
     ------------------------------------------------------------------------- 
     TOTAL(xxx)   6,798,000 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
  
     DEPOSIT                       CONTAINED METAL 
                                Cu (lbs)    Zn (lbs)     Au (oz)       Ag (oz) 
     ------------------------------------------------------------------------- 
     WIM*                   87,333,000   11,943,000    110,000      370,000 
     HUDVAM*                30,778,000   44,720,000    111,000      403,000 
     FON(xx)                  25,039,440  373,588,445          -    1,752,761 
     ------------------------------------------------------------------------- 
     TOTAL(xxx)              143,150,000  430,251,000    221,000    2,526,000 
     ------------------------------------------------------------------------- 
     ------------------------------------------------------------------------- 
     *  Based on 2% Copper equivalent cut-off grade. Base case Inferred 
          Resource estimate based on assumed underground mining methods. 
     (xx) Based on 1% Zinc cut-off grade. Converted to metric tonnes. 
     (xxx)Figures rounded to nearest 1,000. 
 

Cash-rich HudBay Minerals ponders acquisitions, dividends
Wed Aug 15, 5:41 PM
Laura Bobak

http://ca.news.finance.yahoo.com/s/15082007/2/biz-finance-cash-rich-hudbay-minerals-ponders-acquisit...

By Laura Bobak

TORONTO (CP) - Zinc producer HudBay Minerals (TSX: HBM.TO) says the current slump in the price of mining company stocks may be the big break it's looking for as it seeks growth through acquisitions.

"Obviously, we've seen some very high valuations for acquisitions over the last several months and it's fair to say we certainly, from an acquisitions perspective, welcome this adjustment that we see in the marketplace right now as a potential buying opportunity," CEO Peter Jones told analysts in a conference call on Wednesday to discuss the company's latest quarterly results.

Jones made the comments after the company reported net income for the second quarter ended June 30 fell to $69.1 million, compared with $152.8 million a year ago.

The Manitoba-based company said the lower profit is partially due to a non-cash income tax charge of $41.9 million, as well as higher operating costs and the strong Canadian dollar.

But despite these interim profit issues, HudBay is flush with $564 million in cash on hand, money company execs say they want to use to get bigger and better.

Its spending options include developing current assets like its Laylor Lake exploration property, which recently turned up 10 promising drill holes showing zinc mineralization.

It's also shopping for a new acquisition, while at the same time coming under pressure from investors who would like to see some of the cash returned through dividends.

HudBay, which also copper, gold and silver from its four operating mines, is looking for targets in these categories, and would also consider a nickel acquisition, Jones said.

Meanwhile, HudBay itself is considered to be a takeover target by some observers of the metals industry, which has seen a flurry of consolidation in recent months.

Many companies in the booming sector are facing increased costs, as mining consultants are scarce, and materials such as oil, steel, and hydrocarbon have increased in price, HudBay said.

Jones said increased operating costs in the second quarter were $45.17 per tonne, about 23 per cent higher than during the same period last year.

He said the increases reflect greater tonnage from high-cost sources, mainly from its Balmat zinc mine in New York state. The costs were also the result of greater volumes of extraction lower-grade ore at Trout Lake. Both cost hikes were expected.

Jones also said the company has an aggressive 2007 exploration program, mostly in the area of Flin Flon, Man.

HudBay's main production platform is in northern Manitoba and includes the 777 mine, the Trout Lake mine, a concentrator, copper smelter and zinc plant at Flin Flon.

The new Laylor Lake drill holes are located near Snow Lake, Man., where the company operates the Chisel North mine and a concentrator.

"We're pretty excited about it," Jones said in an interview.

"It's close to our facilities. It's a great opportunity," Jones said, noting it's also near a haul road.

Meanwhile, he said the company's board will continue to consider if and how it might return some cash to shareholders.

"We expect all this to come together in the fourth quarter," he said.

The Manitoba operations have benefited from $435 million in capital expenditures completed in early 2005 to bring the 777 and Chisel North mines into operation and expand and modernize the metallurgical plants.

In addition, HudBay produces zinc oxide at its Zochem facility in Brampton, Ont., and produces copper cathode at its White Pine refinery in Michigan.

Shares in HudBay closed down 97 cents, or four per cent, at $22.90 on the Toronto Stock Exchange Wednesday.

The shares have a 52-week high of $29.63 and a low of $12.19.

HudBay Options Exploration Property to VMS Ventures
Tue Aug 7, 5:00 PM

http://ca.news.finance.yahoo.com/s/07082007/28/link-finance-news-hudbay-options-exploration-property...

WINNIPEG, MANITOBA--(CCNMatthews - Aug. 7, 2007) - HudBay Minerals Inc. (TSX: HBM.TO) (HudBay) today announced it has entered into an option agreement with VMS Ventures Inc. (VMS) that provides VMS with the potential to earn a 100% interest in a HudBay property in the Reed Lake area of the Flin Flon Greenstone Belt, near Snow Lake, Manitoba.

The property comprises Claim Block CB 5503 (377 hectares) and Claim Block FRE 5030 (196 hectares).

"This agreement provides HudBay further leverage to our exploration spending beyond the $45 million we have earmarked for 2007," said Peter Jones, President and Chief Executive Officer. "If VMS makes a significant discovery, HudBay can earn a majority interest in the property through back-in rights."

Under the agreement, VMS, a Vancouver-based mineral exploration company, is required to make cash payments of $55,000 to HudBay and incur exploration expenditures of $300,000 over a three-year term. Upon exercise of the option by VMS to fully acquire the property, HudBay retains a 2% net smelter return royalty. As an alternative to the royalty, HudBay may elect to exercise successive back-in rights. If all these rights are exercised over time, it enables the company to retain up to a 70% interest in the property by making certain exploration expenditures, a one-time cash payment of $1.5 million and bringing the property to commercial production.

With the VMS agreement, HudBay now has option agreements in place with four mineral exploration companies in the Flin Flon Greenstone Belt where the company holds approximately 400,000 hectares of exploration lands and has three underground mines, two ore concentrators as well as metallurgical plants. Historically, the company has discovered 25 mines and produced in excess of 150 million ore tonnes from this area.

About HudBay Minerals Inc.

HudBay is an integrated mining company operating mines, concentrators and a metal production facility in northern Manitoba and Saskatchewan. HudBay also owns a zinc oxide production facility in Ontario, the White Pine copper refinery in Michigan and the Balmat zinc mine operations in New York state. HudBay is a member of the S&P/TSX Composite Index and a member of the S&P/TSX Global Mining Index.

(HBM-G)

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to the option agreement entered into with VMS Ventures Inc. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of HudBay, to be materially different from those expressed or implied by such forward-looking information, including risks associated with the mining industry such as future commodity prices, economic factors as they effect exploration and development, government regulation, environmental risks, success of exploration activities, permitting time lines, capital expenditures, risks associated with option agreements, changes in project parameters as plans continue to be refined as well as those factors discussed in the section entitled "Risk Factors" in HudBay's Annual Information Form for the year ended December 31, 2006, available on www.sedar.com. Although HudBay has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. HudBay does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Contacts

Brad Woods
HudBay Minerals Inc.
Director, Investor Relations
(204) 949-4272
Email: brad.woods@hbms.ca
Website: www.hudbayminerals.com

Marifil Prepares "Phase 2" Drilling at San Roque
Tue Aug 7, 8:41 AM

http://ca.news.finance.yahoo.com/s/07082007/28/link-finance-news-marifil-prepares-phase-2-drilling-s...

SPOKANE, WASHINGTON--(CCNMatthews - Aug. 07, 2007) - MARIFIL MINES LTD. (TSX VENTURE: MFM.V) ("Marifil" or "the Company") announces preparations are underway for the launch of a new round of drilling at the Company's San Roque project, Rio Negro Province, Argentina (see Marifil News Release dated June 18, 2007.) Plans for this Phase 2 drill program include 2,500 metres (m) of diamond core plus 2,500 m of rotary drilling. The drill program is expected to begin as soon as mid-September, which is early spring in the southern hemisphere.

Phase 2 Drill Program

The two immediate objectives are to:

1. Expand the testing of extensive and open zones of high-grade levels of indium (In), gold (Au) and/or base metals, particularly zinc (Zn) and lead (Pb) previously identified by drilling by either the Company or MIM Exploraciones S.A. (a wholly-owned subsidiary of mining giant XSTRATA.)

2. Complete initial drilling on number of newly identified areas that surface geochemical sampling and mapping show to be prospective for similar base metal/indium mineralization.

"In our last round of drilling earlier this year, we generated some of the highest indium assays ever seen. Moreover, it is nicely enclosed within a huge zone of zinc mineralization. We are naturally very eager to expand the drilling and find out just how big and strong this thing is," said Marifil President and CEO, John Hite. "We are convinced that San Roque will turn out to be a very exciting find and we need to complete more drilling to provide the proof."

Additional Indium Assays

Marifil now has possession of drill core generated by an 8-hole diamond drill coring program conducted on San Roque by MIM in 2001/02, MIM had not previously assayed for In and Marifil is now quartering the mineralized sections of these drill cores and submitting these samples for In assaying. This previous MIM drilling revealed extensive high-grade Zn approximately 1,100 m southeast of the Del Indio structure. In particular, the Company will send for assay quartered core samples from MIM's diamond drill hole number eight (DDH-8), which cut 54 m (depth: 130-184 m) of 1.1% Zn and 0.5% Pb, including 14 m (138 - 152 m) of 3.2% Zn and 1.5% Pb, and 8 m (40-48 m) of 4.8% Zn and 2.0% Pb.

Marifil is looking to test the interesting coincidence that it has noted in this geological environment between high levels of Zn and strong In mineralization. Results from these new assays, which will be processed at the Alex Stewart Laboratory in Mendoza, Argentina, are expected to take four to six weeks.

San Roque Property: The Company has the right to earn a 100% interest (see Marifil news release dated June 18, 2007) in the 12,700 hectare San Roque project, where strong mineralization has been found within a structural corridor at least 10 kms wide and 20 kms long. Marifil's exploration work includes a Phase 1 28-diamond drill hole (DDH) program that intercepted high-grade Indium (In), Zinc (Zn), Silver (Ag) and Gold (Au), along with other base metals, particularly Lead (Pb). These intercepts include 5.1 meters of 2.61 g/t Au; 24 g/t Ag; and, 30.4 g/t In in DDH 11 and 0.75 meters of 2.05 g/t Au; 0.22 % Pb; 0.32% Zn; and, 448 g/t In. in DDH 7, and 117 m of 0.95% Zn in DDH 4 including 4.5 meters of 0.37 g/t Au; 499 g/t In and 6.64% Zn. Marifil's management recognizes that the property has bulk tonnage base metal potential.

This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. under whose direction the exploration program is being carried out. Mr. Hite is a Qualified Person as defined by National Instrument 43-101.

The statements made in this press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http:// www.sedar.com) or at Marifil's Website (Http:// www.marifilmines.com.)

Contacts

John Hite
Marifil Mines Ltd.
President
(509) 467-5200

Greg Taylor
Marifil Mines Ltd.
Investor Relations
Toronto area (905) 337-8475
Email: gtaylor@marifilmines.com
Website: www.marifilmines.com

Zinc Deficit Set to Continue in 2007

By Biju Thomas
03 Aug 2007 at 10:32 AM

MUMBAI (CommodityOnline.com) -- Compared to the previous year, zinc prices shot up about 140% in 2006 due to the increased usage of the metal. Economic growth in Asia, especially in China, is the main factor for the recent hike in the metal consumption.

According to the International Lead and Zinc Study Group (ILZSG), the world zinc market would record a significant supply deficit this year. Global demand for zinc would rise by 4% to 11.45 million tonnes, while refined production would increase by 6.9% to 11.40 million tonnes.

The consumption of zinc has been increasing along with the industrial and economic developments in the world.

The industrial usage of zinc consists mainly in manufacturing galvanized sheets, electroplating, metal spraying, electrical fuses, batteries etc. It is also widely used in electric services, petroleum refining and crude petroleum and natural gas extraction.

Zinc follows steel, aluminium and copper among the widely used metals in the world. Due to its high degree of resistance to non-acidic atmospheric corrosion, zinc is instrumental in extending the life of buildings, vehicles, ships and steel goods and structures of every kind.



Factors Influencing Zinc Market

* Inventory level at LME warehouses
* Economic growth rate of major consuming countries
* Global growth and demand in major consuming industries
* Prices of the alternative metal



Zinc Outlook 2007

Global zinc mine out put is expected to increase by 9.4% to 11.35 million tonnes, due to increase in production from a number of countries including Australia, Canada, Peru, the Russian Federation and the United States.

Global demand for refined zinc metal is forecast to increase by 4% to 11.45 million tonnes; Chinese demand is predicted to rise by a further 8.4% due to expansion in the galvanized sheet sector. Increase in consumption is also expected from India, Japan, Taiwan and Thailand.

Scrutinizing the factors, it looks the global refined zinc market should remain in deficit in 2007, with usage exceeding supply by more than 40,000 tonnes.

Based on LME price movement $4000-4200 acts as a major supply zone followed by $4500-4600 where as $2800-3000 is the demand zone.

By arrangement with www.commodityonline.com. Biju Thomas is Head, Commodity Online Research.

http://www.resourceinvestor.com/pebble.asp?relid=34517

Donner Metals Ltd.: 6 New Massive Sulphide Intersections, Including 19.75 Metres of 22.95% Zinc, 21.40 Metres of 12.47% Zinc at Bracemac and 11.42 Metres of 8.91% Zinc at McLeod
Thursday August 2, 12:11 pm ET

http://ca.us.biz.yahoo.com/iw/070802/0285765.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Aug 2, 2007 -- Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (CDNX:DON.V - News) reports significant results from delineation drilling at both Bracemac and McLeod. At Bracemac, high-grade massive sulphides have been intersected in three drill holes that tested the Key Tuffite Horizon, the horizon that hosts the major deposits of the Matagami mining camp. At McLeod, high-grade massive sulphides have been intersected in three drill holes, also at the Key Tuffite stratigraphic level. McLeod is located approximately 1 kilometre southeast of Bracemac which is located 4 kilometres southeast of Xstrata's Matagami mill.

 
  
 Bracemac 
 ------------------------------------------------------------ 
                 Core length 
 DDH                 (metres)   % Zn   % Cu   g/t Ag   g/t Au 
 ------------------------------------------------------------ 
 BRC-07-42              2.00    9.09   0.19    18.22     0.18 
 ------------------------------------------------------------ 
 BRC-07-46             19.75   22.95   0.22    54.40     0.41 
 ------------------------------------------------------------ 
 BRC-07-47             21.40   12.47   2.02    94.85     0.50 
 ------------------------------------------------------------ 
  
 McLeod 
 ------------------------------------------------------------ 
                 Core length 
 DDH                 (metres)   % Zn   % Cu   g/t Ag   g/t Au 
 ------------------------------------------------------------ 
 MC-07-25               0.96   35.60   1.82    54.90     2.98 
 ------------------------------------------------------------ 
 MC-05-18W3             9.40    6.48   0.39    21.77     0.44 
 ------------------------------------------------------------ 
 MC-05-18W4            11.42    8.91   1.88    56.40     1.35 
 ------------------------------------------------------------ 
 

  
  
 TABLE 1 - New Results 1) BRACEMAC 
  
 Key Tuffite Horizon, 
 --------------------------------------------------------------------------- 
                             Hor- 
                            izon 
               UTM   Angle/ name- 
          Location   direc- Mine-                 Core 
 DDH        NAD 83    tion   ral                length     %    %   g/t  g/t 
 (Depth)   Zone 18 (True N) Type   From     To (metres)   Zn   Cu    Ag   Au 
 --------------------------------------------------------------------------- 
 BRC-07-42 307509E,    -62 KT-SM  298.3  300.3     2.0  9.09 0.19  18.2 0.18 
 (427m)   5506197N degrees/ 
                       027 
                   degrees 
 --------------------------------------------------------------------------- 
 BRC-07-46 307483E,    -63 KT-MS  320.1  327.1     7.0  33.9 0.10  93.1 0.51 
 (438.7m) 5506162N degrees/ 
                       027 
                   degrees 
 --------------------------------------------------------------------------- 
                                  327.1  332.7     5.6  1.98 0.35  26.5 0.36 
 --------------------------------------------------------------------------- 
                           KT-MS  332.7 339.85    7.15 28.66 0.25  38.3 0.36 
 --------------------------------------------------------------------------- 
                     Total        320.1 339.85   19.75 22.95 0.22  54.4 0.41 
  
                 Composite 
                  Interval 
 --------------------------------------------------------------------------- 
 BRC-07-47 307514E,    -63 KT-MS  305.6 327.00    21.4 12.47 2.02 94.85 0.50 
 (511m)   5506130N degrees/ 
                       027 
                   degrees 
 --------------------------------------------------------------------------- 
  
  
 Bracemac and Upper Bracemac zones 
  
 --------------------------------------------------------------------------- 
                             Hor- 
                            izon 
               UTM   Angle/ name- 
          Location   direc- Mine-                 Core 
 DDH        NAD 83    tion   ral                length     %    %   g/t  g/t 
 (Depth)   Zone 18 (True N) Type   From     To (metres)   Zn   Cu    Ag   Au 
 --------------------------------------------------------------------------- 
 BRC-07-41 307367E,    -45    UB                      No Significant Results 
 (196m)   5505887N degrees/ 
                       018 
                   degrees 
 --------------------------------------------------------------------------- 
 BRC-07-43 307227E,    -54   B-S                      100m of strongly 
 (445m)   5505805N degrees/                           altered basalts with 
                      0.17                            sulphide stringers, no 
                   degrees                            significant assay 
                                                      results 
 --------------------------------------------------------------------------- 
 BRC-07-44 307227E,    -67   B-S 387.15  394.6        No significant 
 (574m)   5505805N degrees/                           results - 99.4 metres 
                      0.17                            of strongly altered 
                   degrees                            basalts 
 --------------------------------------------------------------------------- 
  
  
 Stratigraphic holes drilled elsewhere on Bracemac property 
  
 --------------------------------------------------------------------------- 
                             Hor- 
                            izon 
               UTM   Angle/ name- 
          Location   direc- Mine-                 Core 
 DDH        NAD 83    tion   ral                length     %    %   g/t  g/t 
 (Depth)   Zone 18 (True N) Type   From     To (metres)   Zn   Cu    Ag   Au 
 --------------------------------------------------------------------------- 
 BRC-07-40 307879E,    -58    KT                      No Significant Results 
 (636m)   5505678N degrees/ 
                       026 
                   degrees 
 --------------------------------------------------------------------------- 
 BRC-07-45 307587E,    -45    KT                      No Significant Results 
 (541m)   5505756N degrees/ 
                       029 
                   degrees 
 --------------------------------------------------------------------------- 
 BRC-07-48 306126E,    -70    KT                      No Significant Results 
 (598m)   5506729N degrees/ 
                       027 
                   degrees 
 --------------------------------------------------------------------------- 
  
 Horizon:      KT equals Key Tuffite, B equals Bracemac Horizon and UB 
               equals Upper Bracemac Horizon. 
 Mineral Type: MS equals massive sulphides, SM equals semi-massive 
               sulphides, S equals stringer sulphides 
 True lengths (true widths) are anticipated to be 80% to 90% of the core 
 lengths. 
  
  
 2) NEW MCLEOD ZONE 
  
 --------------------------------------------------------------------------- 
                             Hor- 
                            izon 
               UTM   Angle/ name- 
          Location   direc- Mine-                 Core 
 DDH        NAD 83    tion   ral                length     %    %   g/t  g/t 
 (Depth)   Zone 18 (True N) Type   From     To (metres)   Zn   Cu    Ag   Au 
 --------------------------------------------------------------------------- 
 MC-07-25  308266E,     68 KT-MS 700.56 701.52    0.96  35.6 1.82  54.9 2.98 
 (799m)   5504910N degrees/ 
                       028 
                   degrees 
 --------------------------------------------------------------------------- 
 MC-05-    308266E,    -80 KT-SM 836.30 845.70    9.40  6.48 0.39  21.8 0.44 
  18W3    5504910N degrees/ 
 (950m)                037 
                   degrees 
 --------------------------------------------------------------------------- 
 MC-05-    308266E,    -80 KT-MS 796.78 808.20   11.42  8.91 1.88  56.4 1.35 
  18W4    5504910N degrees/ 
 (937m)                037 
                   degrees 
 --------------------------------------------------------------------------- 
  
 Horizon:      KT equals Key Tuffite. 
 Mineral Type: MS equals massive sulphides, SM equals semi-massive sulphides 
 True lengths (true widths) are anticipated to be 80% of the core lengths. 
  
 Note: Holes MC-05-18W2, 3 and 4 are wedge cuts from a single pilot hole, designed to produce a 50 metre separation at the Key Tuffite. DDH MC-05-18W1 has not been reported as it failed to reach the Key Tuffite due to mechanical problems and subsequently abandoned. The collar information is the same for each wedge cut. 
  
   
  
 TABLE 2 
 Summary of Significant Drill Results 
 Bracemac 
 --------------------------------------------------------------------------- 
                                           Core 
 DDH          Mineral                     length       %      %    g/t   g/t 
 (Depth)         Type     From       To  (metres)     Zn     Cu     Ag    Au 
 --------------------------------------------------------------------------- 
 Bracemac - Key Tuffite Zone 
 --------------------------------------------------------------------------- 
 BRC-07-38(i)      MS    392.4   393.70      1.3   11.41   0.26   27.1  0.02 
 --------------------------------------------------------------------------- 
 BRC-07-42         MS   298.30   300.30     2.00    9.09   0.18   18.2  0.18 
 --------------------------------------------------------------------------- 
 BRC-07-46         MS   320.10   339.85    19.75   22.95   0.22   54.4  0.41 
 --------------------------------------------------------------------------- 
 BRC-07-47         MS    305.6   327.00     21.4   12.47   2.02  94.85  0.50 
 --------------------------------------------------------------------------- 
 Bracemac - Bracemac Zone 
 --------------------------------------------------------------------------- 
 BRC-06-26(i)      MS   314.00   330.00    16.00    9.12   1.21   21.6  0.24 
 --------------------------------------------------------------------------- 
 BRC-06-27(i)      MS   355.00   363.80     8.80   13.98   3.69   38.9  0.48 
 --------------------------------------------------------------------------- 
 BRC-07-28(i)      MS   335.80   342.70     6.90    9.83   0.90   13.3  0.18 
 --------------------------------------------------------------------------- 
 BRC-07-30(i)      MS   279.00   288.90     9.90    8.95   1.17   31.5  0.18 
 --------------------------------------------------------------------------- 
 BRC-07-32(i)      SM   320.70   341.95    21.25    2.99   1.98   22.6  0.51 
 --------------------------------------------------------------------------- 
 Bracemac-Upper Bracemac Zone 
 --------------------------------------------------------------------------- 
 BRC-07-30(i)     SMS   192.90   195.20     2.30   10.08   0.49   22.8  0.10 
 --------------------------------------------------------------------------- 
 BRC-07-31(i)      MS   105.60   114.90     9.30   12.13   0.70   33.4  0.19 
 --------------------------------------------------------------------------- 
 BRC-07-35(i)      MS    87.70    90.50     2.80   10.70   0.41   37.6  0.28 
 --------------------------------------------------------------------------- 
 BRC-07-39(i)      MS   119.60   123.10     3.50    9.02   0.56   26.7  0.21 
 --------------------------------------------------------------------------- 
  
  
 New McLeod 
  
 --------------------------------------------------------------------------- 
                                           Core 
 DDH          Mineral                     length       %      %    g/t   g/t 
 (Depth)         Type     From       To  (metres)     Zn     Cu     Ag    Au 
 --------------------------------------------------------------------------- 
 MC-07-22(i)       MS   754.53   759.57     5.04   19.30   1.32   28.5  0.75 
 --------------------------------------------------------------------------- 
 MC-07-25          MS   700.56   701.52     0.96    35.6   1.82   54.9  2.98 
 --------------------------------------------------------------------------- 
 MC-05-18W2(i)     MS   828.05   856.00    27.95    9.24   0.99   26.1  0.56 
 --------------------------------------------------------------------------- 
 MC-05-18W3        MS   836.30   845.70     9.40    6.48   0.39   21.8  0.44 
 --------------------------------------------------------------------------- 
 MC-05-18W4        MS   796.78   808.20    11.42    8.91   1.88   56.4  1.35 
 --------------------------------------------------------------------------- 
 (i) denotes results previously released in 2007