The Board of IronRidge Resources Limited, the African focussed minerals exploration company,...
Australian miner launches Mexican zinc-lead mine
Australian miner Azure Minerals has announced it approved the launch of trial mining and processing of high-grade mineralisation from its Oposura zinc-lead project in Sonora, Mexico.
"Planned mine production and processing rate will initially be between 1,500 tpm to 3,000 tpm … of mineralised material grading approximately 15% combined zinc and lead with ore processed on a toll treatment basis through a nearby sulphide flotation processing facility," the company said in a statement.
The Australian miner says it has secured funding for the trial mining option at Oposura by entering into a binding commitment with the company’s major shareholder, Deutsche Balaton.