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Ivernia Inc IVWFF

"LeadFX Inc is a Canada based mining company. It is focused on the development of lead-silver projects. The company owns an interest in Paroo Station mine, a lead carbonate mine in Western Australia. Paroo Station mine is the company's principal asset and production stage mineral property. It produces one product, which is lead carbonate concentrate for sale to primary and secondary smelters located in China, Europe, and North America. In addition, the company through its subsidiaries also owns


OTCPK:IVWFF - Post by User

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Post by 99921on Sep 18, 2009 11:55am
391 Views
Post# 16318584

Shipping NR

Shipping NRMagellan on schedule to commence sealed shipments via Fremantle
Magellan Metals has lodged the A$5 million performance bond with the State Government of Western Australia as required by the Minister for Environment prior to the commencement of sealed shipments via the Port of Fremantle.

Magellan received the final sign-off for its sealed shipment process from the Minister for Environment on 13 August 2009 and remains on schedule to re-commence its exports of lead carbonate concentrate within the previously announced end of September/early October timeframe.

The sealed shipment process involves sealing lead carbonate concentrate in two-tonne bags, which are vacuumed before being placed inside bolt-locked steel containers. The loaded containers are washed and carried by truck from the mine site near Wiluna to the railhead at Leonora and then transported by rail to the Port of Fremantle.

The sealed shipments set a new global safety standard for the handling and transport of lead carbonate concentrate. The plans approved by the Minister for Environment include extensive auditing, inspection and monitoring, along with comprehensive emergency response procedures that have been developed in consultation with all 22 Local Government authorities along the transport route.

The sealed shipment process was successfully tested at the Port of Esperance during the first half of 2009 when it was used to remove an 8,000 tonne dry metric stockpile from the Port.

Magellan is committed to full compliance with the conditions imposed by the Minister for Environment, including the timely and regular public reporting of monitoring results and other compliance activities at www.magellanmetals.com.au.




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