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Stratabound Minerals receives $4 million from Xstrata Zinc

Stockhouse Editorial
0 Comments| May 29, 2013

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Stratabound Minerals (TSX: V.SB, Stock Forum) Wednesday said it has received a provisional payment of $6,094,667 from Xstrata Zinc for concentrates produced from lead-zinc-silver-gold-copper ore delivered from Stratabound's Captain North Extension (CNE) Mine, this according to a company news release.

The explorer/developer added that provisional revenue received net of milling and marketing fees was $4,159,972.

Stratabound's Captain North Extension (CNE) Mine is located in the Bathurst Mining District of northern New Brunswick.



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