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EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

EDM Resources Inc. is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. Through its wholly owned subsidiary, it also holds several prospective exploration licenses near its Scotia Mine and in the surrounding regions of Nova Scotia. The properties are comprised of exploration licenses and a mineral property lease that provides for zinc and lead exploration and development. The Scotia Mine is located approximately 62 kilometers (km) northeast of Halifax, Nova Scotia, in the Halifax Regional Municipality. The Project consists of about 648 hectares (ha) of mineral rights in the form of three contiguous mineral leases. It also holds five exploration licenses covering 41 claims in the immediate vicinity of the Scotia Mine Deposit. Its Eastville Prospect is an undeveloped zinc-lead exploration prospect. Its Carrolls Farm and Carrolls Corner Prospects are hosted within the Gays River Formation.


TSXV:EDM - Post by User

Bullboard Posts
Post by TheRedon Mar 11, 2008 8:55pm
124 Views
Post# 14643429

Selwyn project brochure

Selwyn project brochurePardon if this is old news but there is a new, informative brochure on the company web-site dated February 2008: https://www.selwynresources.com/investors_brochures.cfm Seems like DMS processing is still being considered as a viable option. The table of resource estimates from Feb. 2006 through to Jan. 2008 is impressive. Steady metal content growth. On the same web-page you'll find an analysis of the zinc market thanks to Desjardins Securities. Desjardins is right on top of the resource sector and well worth reading but sometimes I get the impression that the lads and lassies are drinking their own bath water and downplaying broad secular risk. Desjardins missed a number of Q407 forecasts. Appears Desjardins underestimated Canadian dollar appreciation as well as substantial increases in labour and material costs.
Bullboard Posts