International Zeolite Corp. V.CNZ

Getting the "mine site" straight.

[naimarantz]

For informational purposes the CNZ website outlines the mine area as "The mine has a 30 year lease and a 50,000 tonne per year quarry permit in place. The property claim area covers 1145 hectares. The mine has a 30 year lease and a 50,000 tonne per year quarry permit in place. The 30.8ha lease contains an NI 43-101 2003 drill measured resource of 332,218 tonnes and drill indicated resource of 214,310 tonnes within a tested area of 200 metres of strike length and 90 metres of width within the larger 1,145 hectare property." From my understanding this is a 30.8ha mine lease from which they can extract 50k per year. The 43-101 compliant area is 1.8ha with a measured and indicated resource of 546,500 tons (about an 11 year supply). This 1.8ha is the present area of extraction interest within the 30.8ha mine site. The other 29ha of the mine site can be used for access, sampling, drilling and other exploratory development.