Requested Update
I sent a request to Adex for information on when the next update might be issued and promptly received the following reply:
Dear Mr. Morgan:
Thank you for your e-mail and interest in Adex Mining Inc. (TSXV: ADE).
Adex issues news as developments warrant. To that end, I have taken the liberty of subscribing you to the company’s e-mail list so that you will receive future press releases directly from the company as they are issued.
As you may already be aware, there are several projects currently underway. In referencing the latest annual report dated December 31, 2011 and filed earlier this week, here are some expected timelines:
·Final confirmation test work is in process regarding the zinc-indium concentrate with SGS Lakefield. Final work in the tin concentrate process is expected in late April, early May 2011.
·In early 2011, Adex engaged Xstrata Process Support (“XPS”) of Sudbury, Ontario to test the pyrometallurgical options for the extraction of tin metal from tin concentrate planned to be produced from the NZ. This test work, which commenced in April 2011 is anticipated to take between 10-15 weeks to complete, is expected to lead to additional work for the production of a final tin metal product as an important option for consideration within a definitive feasibility study (“DFS”), on the NZ.
·An updated NI-43-101 resource estimate will be complete in May 2011.
·All of the test programs will lead directly to a DFS, which will initially run concurrently with continuing pilot plant programs. Positive results from the DFS as well as government regulatory approvals and project financing are expected to lead to a production decision before the end of 2011 or early 2012.
I’ve attached the annual report and accompanying MD&A for your easy reference.
Please do not hesitate to contact our office if we can be of further assistance.
On behalf of Adex Mining,
Amy Aravantinos
Investor Relations
Primoris Group Inc.
Toll Free (North America): 1-866-508-2339
Outside North America: +1 416-489-0092
Fax: +1 416-352-5239
investorrelations@adexmining.com