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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

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Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

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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

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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.

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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).
Wednesday, January 13, 2010

Zinc Co Australia commences drilling at Mount Alexander iron ore project

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Perth-based explorer and developer Zinc Co Australia (ASX: ZNC) has kicked off diamond drilling at the Mount Alexander magnetite iron ore project in Western Australia.

Two 500 metre diamond drill holes are planned to determine the width, grade continuity, and metallurgical performance of the mineralization, with the programme scheduled to take three weeks to complete.

The design of the holes is based on recently completed detailed geological mapping, aeromagnetic data and the extensive rock chip sampling reported previously. The holes will be collared at the base of the steep north west face of the BIF magnetite unit and drilled southeast at a shallow angle to traverse the full width of the mineralization, which is estimated to be up to 560 metres at surface.

Permitting has been completed for an additional six holes to allow for follow up resource definition drilling.

In November, the Company announced encouraging metallurgical results from partially oxidized surface samples. DTR tests returned concentrate grades to 69.8% Fe, 2.6% SiO2, 0.03% Al2O3, 0.01% P, and 28.2% mass recovery.

A further 324 rock chip results were reported on 19 November, with a total of 580 rock chips now been assayed.

The sampling shows consistent iron grade and low penalty element content in partially oxidised surface samples over the 6.5 kilometre strike of the outcropping segment of the BIF package.

The project is near the port of Onslow, 260 kilometres south west of Karratha and well located with respect to infrastructure.

Zinc Co listed on the Australian Securities Exchange in May 2007 with five projects in Western Australia. All of the projects have significant drill intercepts of zinc mineralisation at relatively shallow depth.

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