Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ZNC
News: Latest news
Web Site: Zinc Co Australia
Other Articles: 02-03-201017-02-201013-01-2010

RSS - Subscribe to the News Today on Proactive UK ▼

Monday March 15, 07:38Gulf Keystone raises £16m for 2010 Kurdistan campaign

Gulf Keystone has completed a fully subscribed placing that will provide the finance for work on the Shaikan and Sheikh Adi blocks in 2010.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Zinc Co Australia

Zinc Co Australia

Zinc Co listed on the Australian Securities Exchange (ASX) in May 2007 (ASX Code ZNC) with five projects in Western Australia. All of the projects have significant drill intercepts of zinc mineralisation at relatively shallow depth. Western Australia has a history of base metal production from mines in the Kimberley region (Pillara, Cadjebut, Goongewa) and the Yilgarn (Golden Grove, Teutonic Bore, Jaguar).
Thursday, October 29, 2009

Zinc Co Australia encouraged by iron ore exploration at West Pilbara

company news image

Zinc Co Australia Limited (ASX:ZNC) has announced positive initial results from the evaluation of the iron ore potential of the company’s 100% owned Mount Alexander Project in the West Pilbara region of Western Australia.

First pass iron ore exploration at Mount Alexander has identified a banded iron formation (BIF) which outcrops strongly as ridges up to 100 metres above the surrounding plains.

The ridges extend for 6.5 kilometres along strike and have outcrop widths up to 560 metres. A detailed aeromagnetic survey flown in 2007 clearly outlines the BIF. Flanking the ridges are scree blankets of BIF fragments with a total area of approximately 180 hectares.

Zinc Co Chairman Gary Comb said the initial results from Mount Alexander are very encouraging.

“We have clear indications of potential for very big tonnages,” he said.
 
“Rock chip assay results to date have been consistently good with high iron grades and low levels of penalty elements. The project is in an excellent location with regards to infrastructure. We are working flat out to define the economic potential of this project.”

The project is near the port of Onslow, 260 kilometres south west of Karratha and well located with respect to infrastructure. The North West Coastal Highway is 10 kilometres west of the project and the Dampier Bunbury gas pipeline passes to the west of the highway.

The aeromagnetic data also show that the BIF extends to the west for a further 3.3 kilometres under cover into a tenement owned by Zinc Co. Previously unmapped BIF outcrops indicate that cover is shallow in this western area.

Two hundred and sixty-five rock chip samples of BIF were collected during this initial assessment and have been assayed for the standard iron suite by Spectrolab, Geraldton.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Zinc Co Australia news

More news ►

Investors interested in Zinc Co Australia recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.