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Asiabasemetals Inc V.ABZ

AsiaBaseMetals Inc. is a growth company focused on the exploration and development of metals, including precious metals such as gold and silver, base metals such as zinc and copper, and alkali metals such as cobalt and lithium. The Company has a 100% owned project in northeastern British Columbia, Canada - the 1,996-hectare Gnome zinc/cobalt project in the prolific geological district known as the Kechika Trough, a district hosting several zinc deposits. The Gnome project lies 70 km SE from the Cirque Zn-PbAg deposit and 46 km SE along the trend of the Akie Zn-Pb-Ag deposit, all of which are in the Kechika trough, a geological belt northeast of Williston Lake containing these and other the sediment hosted Zn-Pb-Ag prospects along trend. The Company has an option agreement to acquire properties, such as Paisano Gold, Cedar River, Robbins Lake and Moosetrack Lake. It is also reviewing additional advanced projects for acquisition.


TSXV:ABZ - Post by User

Bullboard Posts
Post by diamondminderon Dec 05, 2006 2:40pm
198 Views
Post# 11808923

Diavik faces new environmental hurdles

Diavik faces new environmental hurdlesDiavik faces hurdles in water licence renewal Last Updated: Tuesday, December 5, 2006 | 1:03 PM CT CBC News Diavik Diamond Mines will have to make some changes if it wants its water licence renewed, the board dealing with the application says. In a decision released Monday, the Wek'eezhii Land and Water Board said it will only renew the diamond mine's licence if the company improves its environmental practices. The mine is located on a 20-square-kilometre island in the middle of Lac de Gras, about 300 kilometres northeast of Yellowknife. The board wants the company to reduce the amount of ammonia discharged as a result of blasting. A panel of experts will be brought together to determine what the lowest practical level can be. The board also ordered the company to do a better job of monitoring the effects of its operations on plants and animals in Lac de Gras. During public hearings into the licence renewal application held in November, the Tlicho and federal governments told the board the monitoring program was ineffective. Diavik is reviewing the board's decision.
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