Full Text Posts Of Front Page Stories and Blog Posts On AGORACOM
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio


Add Agoracom Updates widget to your own site or blog




Fairmont Resources CEO Discusses Newly Optioned Lithium Project Adjacent to RB Energy’s Quebec Lithium Mine $FMR.ca

  • Contiguous to the north and south of RB Energy’s Quebec Lithium Mine 
  • measured and indicated resources (at a 0.60% Li2O cutoff) of 41,556,000 tonnes at 1.09% Li2O, 
  • inferred resource of (at a 0.60% Li20 cutoff) of 17,766,000 million tonnes at 1.10% Li2O
  • Also contiguous to Jourdan Resources Vallee Lithium property that drilled more than 4000m of core in 2011 and intersected more 100 pegmatite and aplite dikes.
  • Jourdan Resources intersected values of up to 1.187% Li2O over 5.50m

Hub On AGORACOM / Corporate Profile / Read Release

Message: END OF DAY ALERT - Donner Metals (DON:TSX-V) Up 23% on 1.4M Shares

Rank: [?]
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

END OF DAY ALERT - Donner Metals (DON:TSX-V) Up 23% on 1.4M Shares

posted on Jan 31, 12 04:00PM

Last: $0.24 Change: +0.045

Percentage: 23.08% Volume: 1.4M Shares

Donner Metals Ltd. is a Canadian development and exploration company focused on base and precious metal projects in Québec. Donner's flagship project is a partnership with Xstrata Canada Corporation in the world-class Matagami Mining Camp district, covering both the current development of a new mine and on-going exploration activities. The area is host to historical production of 8.6 billion pounds of zinc and 853 million pounds of copper since 1963. The Matagami project is located in the Abitibi region of central Québec and it is supported by Xstrata's existing mine infrastructure, a highly experienced workforce and an operating 2,950 tonne per day mill. As well, the area is serviced by highway, power, airport, railway and town site infrastructure. The Bracemac-McLeod deposit is located 6 kilometres from Xstrata's Matagami mill complex. Mineral concentrates produced in Matagami are processed and refined at Xstrata's facilities in Rouyn - Noranda and Montreal.

Bracemac-McLeod Mine

  • 35% Donner, 65% Xstrata Zinc
  • Production scheduled for January 2013
  • Initial mine life of 4 years on current mining reserve (diluted) of 3.73 million tonnes grading 9.60% zinc, 1.26% copper, and 28.25g/t silver and 0.43g/t gold
  • Positive ROR at base case = $0.80Zinc, $2.50 Copper

Mine Expansion

  • + 2.5 million tonnes in upside highgrade inferred resources identified
  • Inferred resources are open with high exploration potential
  • Numerous high-grade intersections outside of current resource envelope

The main access ramp reached 2,300 metres at Bracemac in early December, in advance of the scheduled year-end target, allowing full multi-face development to begin later in January. Total development now stands at 2,500 metres, including the main ramp to McLeod, three ramps turned off to the Bracemac Zones, and a turn-off to the backfill raise. The backfill raise, when completed, will be used as temporary ventilation until the ventilation raise is completed in the fall of 2012. Multi-faced development will now continue to the Bracemac Zones and the in the main ramps accessing the McLeod Zone.

VIEW Bracemac-McLeod Feasibility Report on SEDAR

New Message

Please login to post a reply


Testimonials. Members Sure Love AGORACOM! ... Get On The List!
Today's Show
in 00:00:000