Yanque Deposit: Project stage – Definition
- The Yanque area is approximately 30 km southwest of the Accha mineral deposit. Yanque hosts a NI 43-101 inferred mineral resource estimated at 1.2 billion pounds of contained zinc and an additional 1.2 billion pounds of contained lead based on 21 holes drilled by Zincore in 2007, 13 historical holes drilled by a previous operator, and trenches completed on the property.
- Resources:
As reported on March 3, 2008 Cut-off grade Tonnes (000s) Average zinc grade Average lead grade Contained zinc
(million lbs)Contained lead
(million lbs)Inferred 4.5% 10,258 5.3% 5.3% 1,195 1,208 - An additional 24 holes were drilled by Zincore following the resource estimate quoted above; several of which intersected significant additional mineralization.
- Accordingly, and based on the concept of an optimized Accha-Yanque central processing facility, we have established the following 2010 work program.
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; Test the process using the Yanque ore.
- Infill Drilling: Contingent on positive results from the above optimization study, we will execute a drill program to upgrade inferred to indicated resources at Yanque.
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Investor Relations
Adam Ho
Manager, Investor Relations
investorrelations@zincoremetals.com
+1 (604) 669 6611
