zinc...marshall lakehttps://www.miningweekly.com/article/zinc-may-breach-the-150lb-mark-within-five-years-2012-06-07
[A] as noted in the above link, "Zinc may breach the $1.50/lb mark within five years "
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some exerpts from the article [by Henry Lazenby] dated June 7, 2012
Zinc may be headed for the $1.50/lb-mark by 2016, buoyed by an approaching supply bubble, mining analysts at Hallgarten & Company said in a research note
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"Mega-mines that lasted for decades, are, in modern times, being replaced by much smaller mines with more limited mine lives," the analyst said.
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to view the complete article, refer "miningweekly" link above.
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https://www.stockhouse.com/media/companies/t-tv/misc/NorthernMiner-Trevali-poised-to-benefit-from-zincs-revival-Dec-9-2013.pdf#spnl
from Stockhouse :
Trevali poised to benefit from
zinc’s revival
Trevali's article [based on the Northern Miner december 9-15-2013....and authored by Gwen Preston ] makes for not only an interesting read but also a MUST read IMO!!
to view the complete FOUR page article, refer to the "stockhouse/trevali/northern miner" link above.
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An exerpt.."In a recent report Wood Mackenzie predicted that zinc, which is priced at US$1,955 a tonne,
will reach US$3,500 a tonne in 2016"
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As noted, Trevali's Bathurst minining camp in New Brunswick....includes the following 3 projects:
[1] Caribou milling & mining complex:
hosts 7.2 million measured & indicated tonnes including 6.99% Zn..... plus 3.7 million inferred tonnes of similar grade.
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[2] the Halfmile mine hosts 6.3 million indicated tonnes grading 8.13% Zn.....plus 6.1 million inferred tonnes
averaging 6.69% Zn.
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[3] the Stratmat project hosts 5.5 million inferred tonnes grading 6.11% Zn.
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note that in the above projects, Trevali's zinc graded 6.99%, 8.13%, 6.69%, 6.11%
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[C] Some historical drill hole/trench results from the Marshall Lake property indicate that Cu is predominant in the western section, while Zn is predominant in the eastern section of the property.
[ref post dated Oct 12, 2013...RE:Marshall Lake Mining Results]
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some of the historical results [zinc]: 4.8%, 5.0%, 9.80%, 4.17%, 9.68%,
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plus 10.30 % zinc from Imperial Oil's hole 154.
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in the east end of the property, the north zone, north diabase, main zone, south zone are spaced about 3/4 km, 3/4 km, 1 km apart respectively [north to south]....with the open pit zone located about 1 km southwest of the south zone. The open pit zone being located about 2 1/2 km east of the RM [Cu] activity.
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it is unfortunate that we do not have NI 43-101 data available for the east zinc area as this would provide tonnage potential as well as updated hole grades.
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[D] News Release No. 13-15
Rainy Mountain Closes Private Placement
West Vancouver, British Columbia – November 6, 2013 - Rainy Mountain Royalty Corp. (the "Company" or "Rainy Mountain") is pleased to announce that, further to its news release dated October 18, 2013, the Company has closed its non-brokered private placement (the "Private Placement"). The Company has raised $100,000 by the issuance of 2,000,000 non-flow through units (the "Units") at a price of $0.05 per Unit. Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share for a period of five years at an exercise price of $0.05. All of the securities issued pursuant to this Private Placement are subject to a hold period expiring on March 6, 2014.
All the Units issued under this Private Placement were subscribed for by Criterion Capital Corporation, a private investment company owned by Douglas L. Mason, the Chief Executive Officer of the Company.
The proceeds from this Private Placement will be used for exploration property expenditures and for general working capital purposes..
For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922 2030, or visit the Company’s website at www.rmroyalty.com
Rainy Mountain Royalty Corp.
"Douglas L. Mason"
_____________________________________
Douglas L. Mason, Chief Executive Officer