Adex Announces Updated Plan for Mount Pleasant Mine

Adex Mining Inc. (TSXV:ADE) announced that it has updated plans for production at its New Brunswick-based Mount Pleasant tungsten-moly mine.

As quoted in the press release:

Better-than-expected results from the 2011 drill program, released in our update from January 31, 2012, identified new intercepts containing high-grade tungsten (WO₃), molybdenum (MoS₂) and bismuth (Bi) at the North Zone (“NZ”) and Saddle Zone, which lies between the NZ and FTZ about 500m from each.

Adex’s COO, Patrick Merrin said:

As our desire is to bring the Mount Pleasant Mine back into production as quickly and efficiently as possible, it is clear that focusing on the Fire Tower Zone is the best path forward.

Click here for the Adex Mining Inc. (TSXV:ADE) press release.