Firestone Ventures (TSXV:FV) announced that it had appointed Mr. Edward (Ted) Yates, P.Eng to the company’s strategic advisory committee. Formerly the director of market research for Cominco, Mr. Yates is a leading expert in the zinc markets.
Pamela Strand, President and CEO of Firestone Ventures commented:
We welcome Mr. Yates to Firestone’s strategic advisory committee. Mr Yates’s expertise with all aspects of the zinc market and forecasts will assist Firestone in the coming year as we move our main Torlon project through the economic studies. Firestone is well positioned to take advantage of a projected decrease in global zinc supply due to the closure of several large zinc mines.
Investing in zinc? Zazu Metals Corporation (TSXV:ZAZ) holds a 50% interest in the Lik Project in Alaska, a joint venture with Teck Resources Limited. The PEA on Lik South estimates that 17.1Mt tonnes of ore milled at an average grade of 7.7% zinc, 2.6% lead and 47 g/t silver would come from the Lik South project.
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