VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 1, 2014) - InZinc Mining Ltd. (TSX VENTURE:IZN) is pleased to announce that it has received the results of an independent Preliminary Economic Assessment (PEA) of the Company's 100-per-cent-owned West Desert Project in Utah. Highlights after-tax NPV(8%) is US$258.1 million, IRR is 23% and payback is estimated at 3.7 years assuming a zinc price of US$1/lb and a 14.8 year [...]
Lithic Resources is pleased to announce that it has changed its name to InZinc Mining. The Company's new name and new trading symbol "IZN" will take effect at the start of trading on the TSX Venture Exchange on February 19, 2014, subject to Exchange approval. There is no share consolidation and no corporate reorganization accompanying the Company's name change. "Our new name, InZinc Mining, reflects the Company's renewed [...]
Lithic Resources is pleased to announce that it has received the results of metallurgical testwork in support of an ongoing Preliminary Economic Assessment (PEA) for its 100% owned West Desert zinc-copper-silver-gold-iron project in Utah. The West Desert project hosts significant zinc-copper resources with associated massive, high-grade iron (magnetite) mineralization.
"Today's results indicate that magnetite in the West [...]
Lithic is pleased to announce that it has retained Mine Development Associates (MDA) of Reno, Nevada, to complete a Preliminary Economic Assessment (PEA) for its 100% owned zinc-copper-silver-gold project in western Utah. The project comprises large undeveloped, near surface oxide resources and associated deeper sulphide resources. A PEA completed by the Company in 2010* focused solely on the underground mining potential [...]
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