Articles Tagged "minerals"

Excellon Announces Drilling Success at Platosa

Excellon Resources Inc. (TSX: EXN) mineral resource company operating in Durango and Zacatecas States, Mexico, has announced the assay results for five recent holes at its Platosa Property. The drilled off hole in the northwest portion which is Hole LP773 has intersected a high-grade massive and semi-massive Sulphides reporting 817 g/t (24 oz/T) Ag, 12.41% [...]

Meridian Minerals Lands on High Grade Lead and Zinc at Kapok West

Meridian Minerals (ASX: MII) has announced that 14 diamond drill holes drilled at the Kapok West prospect, on the Lennard Shelf Project in Western Australia has landed the company into a high grade lead and zinc mineralization. Meridian’s Managing Director, Jeremy Read is quoted saying: “Today we have announced our highest ever grade intersection, of [...]

Meridian Drilling Hits High Grade of Lead and Zinc

Meridian Minerals (ASX: MII) has announced the assay results from its Kapok West prospect wherein a 14 diamond drill holes were drilled. As of this date, completed holes includes 31 holes are classified as infill holes. The infill holes has intersected stacked lenses of high grade, up to 30.5% combined lead and zinc. Meridian’s Managing [...]

Alexco Releases Update on Initial Elsa Tailings Resource Estimate, Keno Hill

Alexco Resource Corp. (TSX:AXR, NYSE-AMEX:AXU) has announced the initial and completed resource estimate for the historical tailings of Elsa in the Keno Hill Silver District, Yukon. The press release is quoted as saying: The Elsa Tailings are located approximately 400 meters northwest of the Elsa town site and the former United Keno Hill Mines (“UKHM”) [...]

Lead and zinc positioned for recovery

By Leia Michele Toovey- Exclusive to Lead Investing News As the global economy arguably trots down the path to a recovery, the metals are diverging in prices due to differences in their fundamental dynamics.  Lead was the second-best performer of the LME metals last quarter, coming in a few percentage points behind copper. Lead gained [...]

Maghreb minerals searching partner for Bou Jabeur Mine

Maghreb Minerals PLC announced that the results of scoping study on the Bou Jabeur - Gite Est deposit in Tunisia that concludes that the project is uneconomic at current lead and zinc prices, but a rise in resources may change that, so it is seeking a partner to progress the project, primarily to fund the additional drilling programme required. For full story, click [...]

Fed announcement spurs zinc, bypasses lead

By Leia Michele Toovey- Exclusive to Lead Investing News The Fed’s announcement to purchase treasuries sent lead and zinc on their largest ascent in two months. Fed officials voted on March 18 to buy Treasury and mortgage bonds in an effort to revive America’s economy, lifting stocks as well as commodities. Copper, zinc and aluminum [...]

Market sentiment wins in price tug-of-war

By Leia Michele Toovey- Exclusive to Lead Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo.  Pessimistic data still came out of [...]

Zinc rates cut while lead is held steady

By Leia Michele Toovey- Exclusive to Zinc Investing News In their bi-weekly price review, Hindustan Zinc Limited announced that effective Saturday, it had cut its prices of zinc, but held lead rates steady.  Zinc prices will drop by Rs 800 per tonne to Rs 68,900; whereas lead maintained the Rs 70,200 per tonne level. Lead prices have [...]