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Portex Minerals Inc STACF

Metals & Mining Industrial Metals & Minerals
Strategic Resources is a Canada based development company focused on vanadium, high purity iron & titanium, metals necessary for decarbonizing the global economy. The company¿s key projects are the construction ready BlackRock project in Quebec & the past producing Mustavaara mine in Finland. Strategic is working to secure a financing package to commence construction on the BlackRock project. Orion Mine Finance and Investissement Québec, both 41% shareholders of Strategic will form a key part of the planned financing package.


GREY:STACF - Post by User

Portex Minerals Inc
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Post by kroghon Sep 22, 2006 5:41am
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Post# 11402170

A trillion dollars?

A trillion dollars?If this district scales deposit is 40 km long, 2 km wide and 30 meters deep, we are talking about aprox. 7 billion tons of rock. With an average grade of 2% zinc, the in ground metal value would be around 500 billion dollars. However, I don't think anyone has seen an end to this mineralization. It might be expandable in all directions. With an increasing zinc price, we could end up with metal for more than a trillion dollars. The deposit will be high grade interspersed with low grade, which is even better from a mining perspective. I know this sounds crazy, but have we seen the end of the mineralization? Will the zinc price stay here for years?
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