Accha Deposit: Project stage – Pre-feasibility
- The Accha deposit is located in the southern part of the Pucara sedimentary basin at an elevation of approximately 4,300 m.a.s.l.
- The mineralization, which is contained within folded limestones, outcrops over widths of 5 to 50 m. Faults displace the mineralization and possibly truncate it in places.
- The deposit has been traced for 750 m along strike and has been drilled from surface to a depth of approximately 450 m at the western end of the resource.
- In December 2007 Zincore announced an updated resource estimate at Accha.
Reserves, As reported on December 6, 2007 Tonnes (000s) Average zinc grade Average lead grade Contained zinc (million lbs) Contained lead (million lbs) Probable 4,186 7.86% 0.81% 725 75 Resources (including reserves), As reported on May 1, 2008 Tonnes (000s) Average zinc grade Average lead grade Contained zinc (million lbs) Contained lead (million lbs) Indicated 5,068 8.15% 0.87% 911 97 Inferred 1,429 5.92% 0.66% 186 21 - In April 2008 Zincore completed a pre-feasibility study for the Accha Concentrator project that concluded that the project is technically and economically viable.
- However the discovery of Yanque deposit and other zinc and lead oxide projects in the same property belt, justifies testing alternative, proven metallurgical technologies that will maximize project economics and serve as a central processing plant for all deposits in the belt.
2010 Program:
- Optimize the geological modeling: Review and re-model the Accha and Yanque 43-101 resources in order to provide the optimum head grade for an alternative mine plan and metallurgical process and eventual feasibility study.
- Alternative Metallurgical Process: Test alternative, proven technology, metallurgical processes to determine which provides the best economic return with the flexibility to serve as a central treatment facility to process all other zinc and lead oxide ores in the belt; Generate enough data to up-date the current feasibility report at Accha and bring Yanque eventually to the same stage.
- Mine Plan: Select design and cost study of a more efficient sequential mine plan with the objective of optimizing equipment utilization and minimizing initial CAPEX deployment.
- Field work: For the work mentioned above, no field work activities are neccessary except for maintenance of the camp and access road.
- Community relations: We will continue to support community support and develop our community activities as part of the company’s corporate social responsibility commitment.
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Investor Relations
Adam Ho
Manager, Investor Relations
investorrelations@zincoremetals.com
+1 (604) 669 6611
