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Adex Mining Inc V.ADE

Alternate Symbol(s):  ADXDF

Adex Mining Inc. is a Canadian junior mining company. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The Company holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada approximately 60 km south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. The Company, through its subsidiary, Adex Minerals Corp., holds claims under Prospecting License 14338. Within the mineral rights area, the Company owns approximately 405 hectares of land. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium and zinc in the NZ.


TSXV:ADE - Post by User

Comment by jenkinjton Mar 04, 2021 9:10am
749 Views
Post# 32713401

RE:Tin

RE:TinGOOD FIND Chintzy !!!   The owners appear to be asleep at the wheel, or will they try some subterfuge to take over the company and go private, doing us all in?? Part of your article:

The trend to use less tin in nano-soldering was a reaction to the super-high prices at the start of the past decade, when LME tin rose above $30,000 a tonne.

Thanks to the yawning backwardations across nearby LME time spreads, the LME cash price last week touched a peak of $30,500.

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