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EDM Resources Inc V.EDM

Alternate Symbol(s):  SWNLF

Metals & Mining Industrial Metals & Minerals
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

EDM Resources Inc > Question
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Comment by Marcello44on Jun 13, 2023 6:29pm
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Post# 35494776

RE:RE:RE:RE:Question

RE:RE:RE:RE:QuestionI'll be honest - I don't understand very much about this business (processing, transportation, sales, etc).  But if I understand you correctly, IXM doesn't want the mined concentrate at all?  Why then the effort regarding financing? 
 
And the extensive studies of the renowned companies that have calculated a low AISC and high IRR for EDM's project are for nothing?
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