Tin-Indium-Zinc At North Zone
Successive historical exploration drilling programs by previous owners of Mount Pleasant began the process of defining the property’s tin and indium mineralization centred around the North and Deep Tin zones.
Adex acquired Mount Pleasant in 1995 and began conducting exploration and metallurgical tests on the tin-indium areas. In 1997, the property was placed in care and maintenance due to poor economic conditions in the mining industry.
The tin-indium-zinc North Zone contains a National Instrument 43-101-compliant resource estimate of 10,882,000 tonnes in the “indicated” category at 0.43% tin, 67.8 grams per tonne indium, and 0.67% zinc, as well as 7,603,000 tonnes in the "inferred" category at 0.22% tin, 74.6 grams per tonne indium and 0.99% zinc.
A scoping study of the North Zone was completed in late 2009. This includes an investigation of the economic potential of a small to medium scale mining operation.
Read more about this topic: Adex Mining
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