International Zeolite Corp. V.CNZ

Land properties

[Smithwicks]

Zeolite producing operation located in the Similkameen Mining District.

The Company’s Bromley Creek Zeolite Mine is a road accessible property which lies 9 kilometers southwest of Princeton, BC.
The property claim area covers 1145 hectares. The mine has a 30 year lease and a 50,000 tonne per year quarry permit in place. The 30.8 hectare lease contains an NI 43-101 2003 drill measured resource of 332,218 tonnes and drill indicated resource of 214,310 tonnes within a tested area of 200 metres of strike length and 90 metres of width within the larger 1,145 hectare property.
The mine is under an Operations Agreement with Absorbent Products Ltd. to operate, transport, process and package bulk and processed zeolite for our customers both nationally and internationally. The Bromley Creek zeolite has been tested, proven and qualified for a number of specific markets.

Sun Group Zeolite Project.

The Sun Group Zeolite Project consists of 949 hectares and has been maintained by the Company since 2004. The Sun Group Zeolite Project lies close to highway and infrastructure and has had sufficient work to identify a large zeolite resource.
In 2012, the Company conducted a “Field Exploration Work Technical Report” which included a twin drill program conducted on a number of previously drilled holes to compare the log results as reported in the 1994 “Exploration Programme Reserve Estimate and Mine Feasibility Review and Recommendations” and a subsequent “Exploration Program and Resource Evaluation” in 2001. The historic non-compliant resource was reported at 46,600,000 metric tonnes at a high cut off CEC value at 100+.
The Sun Group is an ongoing project for future development.
 
Cnz have the properties and cnz has around 800k to a mill. Cash now and another 500k ish if warrants all come in.  Cash flow is already coming in with some small contracts and several potential larger deals are in the works.  Pretty good assumption that crushing another 30k tons in October is being done because of anticipation of customers.  Hard to talk about dividends this early but give Ray 6 months and when cash is building up im pretty sure since we are structured as a royalty type stock he will want to pay himself as well as investors.  Im sure he doesn’t want to sell shares so why not pay a dividend.  A .02 quarterly dividend with say 25 mil fully diluted shares would be about 2 mill per year.   Im pretty confident that royalties and commissions on 50k tons per year will cover that leave lots of money left over for salespeople, future studies for more uses of zeolite and exploration of current properties.  Other options are give shareholders the cash and do another pp in a year for the future exploration on their properties.  There is no immediate rush to drop drills on both properties at the same time.  Firstly, feed license and composting deals hopefully coming.  So many potential catalysts in the works and I believe Ray and his director team will secure contracts.  If you can find me a 7 mill marketcap company that will do 5 mill “profit” not revenue in 2017 please tell us all