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Adventus Zinc Announces Update for El Domo Deposit Mineral Resource Estimate
Feb. 01, 2018 08:56AM PST
Base Metals Investing
Adventus Zinc Corporation (“Adventus”) (TSX-V: ADZN) is pleased to announce an update to the Mineral Resource estimate of the El Domo volcanogenic massive sulphide deposit (“El Domo”) completed to Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards. El Domo is part of the larger Curipamba Project, located near Las Naves and Ventanas, Ecuador. …
Adventus Zinc Corporation (“Adventus”) (TSX-V: ADZN) is pleased to announce an update to the Mineral Resource estimate of the El Domo volcanogenic massive sulphide deposit (“El Domo”) completed to Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards. El Domo is part of the larger Curipamba Project, located near Las Naves and Ventanas, Ecuador. Adventus entered into a definitive option agreement, whereby it may earn a 75% interest in Salazar Resources Limited’s (“Salazar”) Curipamba Project by funding both the exploration and development expenditures of US$25M over the next five years (see September 14, 2017 news release).
As quoted in the press release:
Highlights
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Open Pit and Underground Indicated Mineral Resources of 8.8 million tonnes grading, 1.62% copper, 0.27% lead, 2.42% zinc, 2.34 g/t gold, and 48 g/t silver;
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Open Pit and Underground Inferred Mineral Resources of 2.6 million tonnes grading, 1.29% copper, 0.14% lead, 1.51% zinc, 1.09 g/t gold, and 29 g/t silver;
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an increase of 44% for the Indicated Mineral Resources; and
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a decrease of 32% for the Inferred Mineral Resources.
