Tinka Resources Ltd. (TSXV:TK) provided the results from holes A13-04 and A13-05, located at its Peru-based Ayawilca project, commenting that it drilled 60 meters of 7.75-percent zinc (including 24 meters of 13.85-percent zinc and 46.5 g/t silver) and 29 meters of 7.05-percent zinc.
Zinc Company News Directory
Donner Metals Ltd. (TSXV:DON) announced that drill results from the McLeod Deep Zone, released by its partner and project operator, Glencore Xstrata plc (LSE:GLEN), include 9.49-percent zinc, 1.75-percent copper, 52.96-percent silver and 1.03 g/t gold over 34.8 meters.
Trevali Mining Corporation (TSX:TV,LMA:TV,OTCQX:TREVF,FWB4TI) entered into a letter of engagement with Dundee Securities Ltd. Dundee has agreed to purchase a bought-deal private placement basis of 16,667,000 common shares for total gross proceeds of $10,000,200, at a price of $0.60 per share.
Trevali Mining Corporation (TSX:TV,LMA:TV,OTCQX:TREVF,FWB:4TI) provided a production update on its Santander Mine in Peru, and announced changes to its management team . The Company expects to commence crushing rock, to fill the base of the Fine Mill Feed Bin, over the next several days with mineralized material processing and production to follow thereafter.
Lithic Resources Ltd. (TSXV:LTH) received positive metallurgical testwork results in support of an ongoing Preliminary Economic Assessment for its West Desert zinc-copper-silver-gold-iron project in Utah.
Golden Arrow Resources Corporation (TSXV:GRG) announced its initial independent NI 43-101 resource estimate for the Chinchillas silver-lead-zinc project in Argentina: indicated 7.2 million tonnes grading 119 g/t silver, 0.57% lead and 0.48% zinc (32.6 million ounces silver equivalent (Ag Eq) at 141 g/t Ag Eq, and a 50g/t Ag Eq cut-off), and inferred 21 million tonnes grading 78 g/t Ag, 0.69% Pb and 0.62% Zn (72.2 million ounces Ag Eq at 107 g/t Ag Eq grade and 50 g/t Ag Eq cut-off).
Zazu Metals Corporation (TSX:ZAZ) has approved the adoption of a shareholder right plan, to provide both shareholders and the Board sufficient time to adequately consider a take-over bid.
According to Stefan Ioannou of Haywood Securities, Trevali Mining (TSX:TV) is "more than a one-trick pony".
MetalMiner reported that Hindustan Zinc Ltd.'s (BSE:500188) zinc and lead production for the year ended March 31, 2013 improved significantly compared to the previous year on the back of higher prices for the two metals as well as a drop in production costs.