EDM Resources Inc V.EDM

Alternate Symbol(s): SWNLF

Metals & Mining Industrial Metals & Minerals

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.

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EDM Resources Inc

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Post by Greenstakeon Feb 19, 2009 8:36am

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Post# 15788995

"Good Companies Under a Dime"

Selwyn Resources (SWN-TSXV; C$0.07) holds the massive Selwyn zinc-lead deposit located in the Howard’s Pass district in the Yukon. That deposit ranks among the largest zinc/lead deposits in the world. Exploration drilling has outlined a high-grade zone which could play an important role in boosting the economics of the project. At this time, investors give little value to base metal deposits. While investors were dumping shares, a Chinese mining company has quietly picked up 16.5% of the shares in Selwyn.

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