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EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

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.


TSXV:EDM - Post by User

Comment by Maxmoeon Jun 13, 2023 5:34pm
84 Views
Post# 35494688

RE:RE:RE:Question

RE:RE:RE:Question

Ask yourself, Why hasn't it been done yet? Good luck. 

or try this. After spending AISC of 0.50 what do you get? Is it this?
 

Special high-grade zinc of 99.995% purity (minimum) must conform to the chemical composition of one of the following standards:

- BS EN 1179:2003- 99.995% grade
- ISO 752:2004- ZN-1 grade
- ASTM B6-18 - LME grade
- GB/T 470-2008- Zn99.995 grade
Special high-grade zinc of 99.995% purity (minimum) must conform to the chemical composition of one of the following standards:

- BS EN 1179:2003- 99.995% grade
- ISO 752:2004- ZN-1 grade
- ASTM B6-18 - LME grade
- GB/T 470-2008- Zn99.995 grade

I'm going to take a wild guess the answer is no, it's not LME grade 25 ton lots in ingot form.

Now find out how many hands must touch the concentrate, transport it, and process/refine/smelt it and add their charges,fees,royalties,commissions etc to get that metal delivered to the LME. $1.07 isn't much and the price drops off if your product drops down in purity and/or form. It drops quickly per pound for small batch processing,and so on, and so on. 

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