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Zinco Do Brasil, Inc. (ZNBR)

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Last Post: 8/31/2016 9:36:06 AM - Followers: 22 - Board type: Free - Posts Today: 0
Zinco Do Brasil
100 Park Avenue
Suite 1600
New York, NY 10017
Ph: (212) 984-0628

Email: info@turkpowercorp.com
Website: http://www.zincodobrasil.com

Ryan E. Hart: CEO
http://www.bnamericas.com/multimedia/1585463.bmp

Shares Outstanding 23,728,331 a/o Apr. 23 2013
Float    
Authorized Shares 300,000,000  

CIK 0001368055
SOS: Delaware
.Year end: 05/31



Zinco do Brasil, Inc.

Company Profile

Zinco do Brasil, Inc. ("Zinco") is a publicly listed company (Ticker: ZNBR). The Company recently acquired 99.9% of Zinco do Brasil Mineracao Ltda., which owns 30 mineral rights for a total of 44,665 hectares in the Brazilian state of Minas Gerais. The mineral rights are split between two projects: "Salobro", which consists of 2 mining rights for an area of 1,685 hectares, and "Gorutuba" with 28 mining rights for an area of 42,980 hectares.
 
The Company expects the Salobro reserves to increase by 30 - 50% during the exploration drillings scheduled for Q2 and Q3 of 2013 to prove up reserves to 43-101 standard. The Salobro project is expected to go into production in Q1 of 2016 and to produce in excess of 30,000 metric tons of Zinc and 5,000 metric tons of Lead per year during the mine-life of 10 years (13 - 15 years after reserve increase of 30 - 50%), with an IRR of 24 - 71% (pending Zinc and Lead prices) and a payback of 1.4 to 3.5 years from commencement of operation.
 
The Gorutuba project consists of 28 mining rights containing an area of 42,980 hectares in total. Geophysical interpretation of the area was developed based on data gained from airborne geophysical survey conducted by the State of Minas Gerais. The study revealed that the geophysical characteristics of the Salobro deposit are highly correlated with seven targets within the Gorutuba project area, showing similar anomalies like Salobro. The extent of the seven selected targets is 17 km (compared to 2.35km of Salobro) and a drill program is scheduled to start during 2013 to confirm each deposit. Initial geochemical studies indicated other anomalies of Copper and Gold within the Gorutuba projects/targets.

Zinc and Lead Outlook & Market

The near term outlook for zinc consumption remains positive despite a global economic slowdown in most countries and particularly in Europe, with forecast growth of 5.2% in 2013 and 5% in 2014. The Asian economies are key to the moderate growth forecast over the next few years.
 
The expected closure of many large mines over the next several years and the lack of major new mines in the development pipeline continue to provide a very bullish  intermediate  to  long term outlook for zinc. The closure of several large mines are evident in the reduced growth in mine output in 2014 and a shift from oversupply to supply shortfall.
 

The Supply Challenge for new Zinc and Lead Projects

An overview of new mine development is instructive and indicates that many of the new mines rely on existing mine and ormill  infrastructure.  These  include  Half  Mile  Lake  (Canada)  and  Brace McLeod (Canada); other projects are restarts or expansions: ScoZinc (Canada), Satander (Peru), Pachapaqui (Peru), Lombador (Spain), Olympias (Greece), Rasp (Australia); and some new  mines like Dairi  (Indonesia), Al Massane  (Saudi Arabia), Altintopkan  (Tajikistan),  Khandiza (Uzbekistan), Dugald River (Australia), Perkoa (Burkina Faso) and Bisha (Eritrea).
 
Almost all of the restarts and expansions are small, with less than 100,000 tonnes annual production, whereas the new mines are generally larger and in all cases financed by large mining companies. The costs of the restarts and expansions are modest compared to the new mines, and most of these types of projects are now underway, leaving the new mine projects with much higher capital cost for development.
 
Much of the new mine supply must come from new greenfields projects. As senior project debt financing remains essentially unavailable to small producers  and  developers  these  projects will require either joint venture financing or sale to a major company, to advance them to production. Most major mining companies have left the zinc space, with Anglo being the most recent example. Selwyn selected Yunnan Chihong Zinc & Germanium Co. Ltd. to finance Selwyn Project to bankable feasibility and provide project senior project debt with the Chinese banks.
 
The few remaining major mining companies interested in zinc and lead, and outside of China, include Xstrata, Hindustan Zinc, Glencore Nyrstar, Votorantim and Teck. They will largely be responsible for ensuring adequate global zinc supply outside of China.
 
Given the approximate 1.9M tonnes of lost production due to pending mine closures by 2015, and annual demand growth of more than  500,000  tonnes  per  annum,  one  or  more  of  these large  mines  is  needed each  year commencing 2015.

Management / Board of Directors

 
The Company is run by an all-star management team and board of directors with extensive experience and knowledge of the Brazilian mining industry, as well as an outstanding proven track record of building and running successful mining companies. The Company's officers held executive positions with mining  giants  such  as Vale  SA, BHP Billiton, Shell, and have  been instrumental in building companies such as Jaguar Mining and Alacer Gold, as well as in founding institutions like IBRAM, the Brazilian Mining Institute.

Ryan E. Hart - CEO & Chairman

Mr. Hart, a dual citizen of Switzerland and the USA, holds a Bachelor Degree in Business Administration and is fluent in German and English. After working several years at Credit Suisse and UBS in the fields of Equity Trading and Portfolio Management, Mr. Hart worked as an alternative investment advisor - with a strong focus on hedge funds and venture capital - to independent asset managers and high net worth individuals. Mr. Hart and his clients have been early investors in numerous public and private businesses, offering start-up and small companies the financial resources and network to execute their business plans and create sustainable share holder value. Past and current portfolio holdings include investments in the information technology, oil and gas, precious metals mining and energy/resource recovery, tobacco as well as timber sectors.

Adriano Espeschit - Chief Operating Officer / Director

A mining engineer with degrees from Minas Gerais Federal University as well as an MBA in Strategic Business Management from Sao Paulo University, Mr. Espeschit has twenty-five years of experience in the fields of mining, metallurgy and oil & gas. In these industries he held executive and operational management positions with responsibilities ranging from mine planning and production to the beneficiation and haulage of nickel, iron ore, copper, bauxite, oil sands and potassium.
 
During his successful career in the mining industry, Mr. Espeschit held positions as: General Manager of Mount Keith Nickel Operation at BHP Billiton Ltd. in Australia, Head of Project Development at Oil Sands Growth Department of Shell Canada Ltd. based in Calgary - Alberta, General Manager of Sossego Project at Vale SA in Brazil, Operations Director at Steel do Brasil Participacoes SA., Director of Operations of the Santa Rita project in Brazil at Mirabela Nickel Ltd. Mr. Espeschit is a member of SME - Society for Mining Metallurgy and Exploration -, a member of CIM - Canadian Institute of Mining, Metallurgy and Petroleum -, and a member of the Technical Committee for the Brazilian Congresses of Open-pit and Underground Mining.

Mustafa Aksoy - Director

Having studied Public Administration at Dokuz Eylul University, Mustafa Aksoy worked at Garanti Bank as auditor and completed his MBA at Belgium's Antwerp University. Mr. Aksoy joined Calik Group in 2004 and since then served in various positions in the fields of marketing, corporate finance, M&A and business development. Mr. Aksoy is the General Manager of Lidya Madencilik and a member of the executive management of Calik Holding.

Edward C. Dowling Jr. - Director

Mr. Dowling retired as President & CEO of Alacer Gold Corp. in July 2012, which he joined in 2008 after a successful tenure as CEO and President of Meridian Gold Inc. Mr. Dowling has 30 years of mining experience and held leadership roles with: De Beers, Johannesburg, South Africa, as Executive Director for Mining and Exploration; Cleveland-Cliffs as Executive Vice-President of Operations; and Cyprus Amax Minerals Company in various leadership capacities.
 
Mr. Dowling holds a Bachelor of Science in Mining Engineering, a Master of Science and a Ph.D. in Mineral Processing, all granted from the Pennsylvania State University, and is recognized in the industry for his ability to assemble and motivate teams of people to tackle and deliver challenging projects for creation of long-term value.

Juvenil Felix - Director

Juvenil Tiburcio Felix was a Board Member and one of the founders of Jaguar Mining Inc. as well as its COO from 2002 to Oct/2008, during which Jaguar's market capitalization rose to over $1B. Prior to co-founding Jaguar Mining, Mr. Felix worked for Minas Gerais State Secretary of Mining and Energy as the Sub-Secretary for Mining Industry of the State of Minas Gerais in the years 1997 to 2002.
 
From 1979 to 1997 Mr. Felix held the position of Chief Executive Officer of Anglo American's gold division, during which he also was the President of Anglo American owned companies Mineracao Morro Velho, Mineracao Serra Grande and Jacobina Mineracao e Comercio, with a combined production of 450,000 Oz of gold per year. In addition Mr. Felix was Anglo American's Technical

Director and Vice President of the Executive Board of Salobo Mineracao Ltda, a JV with CVRD (now Vale), where he was responsible for Anglo American's long-term exploration program as the President of UGM, Anglo's exploration division.
 
In the years prior to his tenure with Anglo American, Mr. Felix worked for the Brazilian Government as a General Manager on Brazil's "Plan for Non-Iron Metals", which was published in 1974. From 1962 to 1973 he worked at Mineracao Morro Velho, holding positions from Mine Manager to Mine Superintended, where he was responsible for a production of 165,000 Oz/year of gold. As the Superintendent Director of Mineracao Morro Agudo, he and his team were responsible for the feasibility study and the startup of the second zinc/lead mine in Brazil, which still is in operation today.
 
Mr. Felix graduated in Mining, Metallurgy and Civil Engineering from Ouro Preto School of Mines, Brazil, in 1961. He holds an MBA from UNA Business School 1974 and a Masters in International Mineral Economics from CETEC. Mr. Felix was a professor of Underground Mining at Belo Horizonte and Ouro Preto Schools of Mines, as well as a co-founder of IBRAM (Brazilian Institute of Mining) and Gorceix Foundation, a research Center from Ouro Preto School of Mines. His dedication to mining in Brazil was recognized by various public and private organizations in Brazil.

Cleber Macedo - Director

Cleber Macedo served Jaguar Mining Inc. from 2004 to May 2012, where he held the position of Vice President of Corporate Management since 2011. Currently Mr. Macedo serves as director of finance of Prometalica Mineracao Centro Oeste, a joint venture between IMS and Votorantim Group. Mr. Macedo has 28 years experience in financing & accounting, including 8 years in management positions at AngloGold Ashanti and 3 years at PricewaterhouseCoopers. Mr. Macedo received a B.S. in Accounting from Universidad Catholic de Minas Gerais.

Jose Mendo Mizael de Souza - Director

Mr. Mendo is a mining professional with 51 years of experience in the Brazilian mining industry, during which he held numerous executive and director positions in mining related government agencies and organizations, as well as private companies. Mr. Mendo is the founder of IBRAM - Brazilian Mining Institute - for which he has served as an executive for more than 26 years.
 
Mr. Mendo was an executive director at BDMG, the Minas Gerais State Development Bank, where he was in charge of the mining and metallurgical department. In 2003 he was invited by former Brazilian President Lula da Silva to become a member of CDES - Social and Economic Development Council - to share his insight and expertise of the Brazilian mining sector.
 
In 2006 Mr. Mendo left IBRAM and founded J. Mendo Consultoria, a mining focused consulting firm offering services in strategy, technical projects, studies and to identify, acquire and develop mining assets in Brazil. Mr. Mendo has tremendous experience and knowledge of the Brazilian mining industry, and decrees over a vast network on the government and private side of the industry. Mr. Mendo has been elected the Brazilian Mining Personality.

Key Milestones

Jan - Mar 2013 - Initiate first steps towards Salobro's exploration program and data collection for

the environmental license.

Mar - May 2013 - Initiate CEO recruitment process to hire an experienced mining executive with

the necessary skill-set and network to lead and represent a public trading mining company.

Apr 2013 to Sep 2013 - Exploration at Salobro to cover blank areas to define the mining plan and

initiate engineering studies. The additional drilling/exploration will convert the resource from

indicated & inferred to measured & indicated (43-101 compliant). The Company expects the

drilling to be completed by Q2/Q3 of 2013 and the resource of Salobro to increase by 30 - 50%.

Sep 2013 - NI 43-101 Report

Jul 2013 to May 2014 - Engineer studies and cxploration at Gorutuba to be completed

Dec 2013 - Bankable Feasibility Report

Jan 2014 to Mar 2016 - Mine Construction

Q1 2016 - Start up


Share Facts & Capitalization    
 

Share price (March 12, 2013): $1.96

3-Month Average Trading Volume: 15,777

Shares Outstanding: 21,4221,203

Market Capitalization: $40.82M


Total Shares Outstanding post-transaction: 28,666,666

Shares Outstanding post-transaction & financing ($4M at $1.50, $6M at $3.00 per share): 33,333,333


Corporate News

 

 


 

Zinco do Brasil, Inc. Retains New York based Mining Consulting Firm EAS Advisors LLC


NEW YORK, March 1, 2013 /PRNewswire/ -- Zinco do Brasil Inc. (OTCQB: ZNBR) (the "Company") is pleased to announce that it has retained EAS Advisors LLC ("EAS"),  a financial advisory firm specialized in consulting and financing public companies in the commodity and mining space.

TurkPower Corporation Appoints Founder of the Brazilian Mining Institute, Jose Mendo Mizael de Souza, to its Board of Directors

NEW YORK, Sept. 10, 2012 /PRNewswire/ - TurkPower Corporation (TRKP) (the "Company") is pleased to announce the appointment of Jose Mendo Mizael de Souza to its Board of Directors. During his 51-year mining career, Mr. Mendo founded IBRAM - Brazilian Mining Institute, was the executive director of the mining and metallurgical department at BDMG - [...]

TurkPower Corporation Appoints Former Vale SA and BHP Billiton General Manager Adriano Espeschit to its Board of Directors

NEW YORK, Sept. 6, 2012 /PRNewswire/ - TurkPower Corporation (TRKP) (the "Company") is pleased to announce the appointment of Adriano Espeschit to its Board of Directors. Mr. Espeschit is a 25-year mining veteran who held executive management and operational positions with companies such as Shell Canada Ltd., Vale SA. and BHP Billiton during his impressive [...]

TurkPower Corporation Appoints Calik Holding General Manager Mustafa Aksoy to its Board of Directors

NEW YORK, Sept. 5, 2012 /PRNewswire/ - TurkPower Corporation (OTCBB: TRKP) (the "Company") is pleased to announce the appointment of Mustafa Aksoy to its Board of Directors. Mr. Aksoy is the General Manager of Lidya Madencilik ("Lidya"), a fully owned subsidiary of Calik Holding, which, with over 20,000 employees is one of Turkey's largest employers. [...]

TurkPower Corporation Appoints Former Alacer Gold Corp. President & CEO Edward C. Dowling Jr. to its Board of Directors

NEW YORK, Aug. 29, 2012 /PRNewswire/ - TurkPower Corporation (TRKP) (the "Company") is pleased to announce the appointment of Edward C. Dowling Jr. to its Board of Directors. A veteran of three decades in the mining business, Mr. Dowling was the President and CEO of Alacer Gold Corporation ($1.7B market capitalization) and the President and [...]

TurkPower Corporation Appoints Brazilian Mining Veteran Juvenil Felix to its Board of Directors

NEW YORK, Aug. 24, 2012 /PRNewswire/ - TurkPower Corporation (TRKP) (the "Company") is pleased to announce the appointment of Juvenil Felix to its Board of Directors. A veteran of 5 decades in the Brazilian mining business, Mr. Felix held various executive positions with mining giants such as Anglo American, in joint-ventures with Vale S.A., and [...]

TurkPower Signs Agreement to Acquire Zinco do Brasil Mineracao Ltda.

NEW YORK, Aug. 14, 2012 /PRNewswire/ - TurkPower Corporation (TRKP) (the "Company"), announced today that it has signed a binding agreement ("Binding Agreement") with Ouro do Brasil Holdings ("OBH") and IMS Engenharia Mineral Ltda. ("IMS") to acquire OBH and IMS' fully-owned subsidiary Zinco do Brasil Mineracao Ltda. ("ZBM"). TurkPower is acquiring 99.9% of ZBM's outstanding [...]

TurkPower Signs Letter of Intent to Merge with Zinco do Brasil Mineracao

NEW YORK, July 18, 2012 /PRNewswire/ - TurkPower Corporation (TRKP) (the "Company"), announced today that it has signed a Letter of Intent ("LOI") with Ouro do Brasil ("ODB") to merge with ODB's majority-owned subsidiary Zinco do Brasil Mineracao Ltda. ("ZBM"). The Company expects to announce the signing of the final and binding merger agreement ("Merger [...]



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#1840   Im so glad I didnt buy....seems to be YYYXYSGXVVAH...JOKER jokerwild477 08/31/16 09:36:06 AM
#1839   Yeah - if you don't, I bet someone will stock_observer_77 08/30/16 02:53:23 PM
#1838   its wierd,steady buying then nothing,,power hour must be jokerwild477 08/30/16 02:38:35 PM
#1837   Not sure...just caught my eye stock_observer_77 08/30/16 02:25:22 PM
#1836   im watching closely,almost all buys,if it starts to jokerwild477 08/30/16 02:19:07 PM
#1835   Volume ? stock_observer_77 08/30/16 12:50:19 PM
#1834   interesting flurry of interest here today janitor_unbound 12/03/14 07:25:35 PM
#1833   Be sure to warn the people at Miranda StockSleuth 08/25/14 10:01:01 PM
#1832   Their next scam is on. From ZNBR to Believer99 08/12/14 11:29:35 AM
#1831   A lot of people and authorities are onto StockSleuth 07/11/14 08:49:35 AM
#1830   The moment they feel less monitored or when Believer99 07/09/14 04:05:12 AM
#1829   I wonder what these frauds (Hart and Orr) StockSleuth 07/08/14 09:18:22 AM
#1828   LOL...I see this scam is going to the StockSleuth 06/18/14 09:50:06 PM
#1827   I would not doubt it and expect more StockSleuth 06/17/14 07:39:46 AM
#1826   I heard Orr is being sued for defrauding fraudkill34 06/12/14 02:49:58 AM
#1825   These crooks do not sleep at night because StockSleuth 06/09/14 08:03:26 AM
#1824   How does a person sleep at night? IPO$ 06/07/14 09:37:53 PM
#1823   In the fantasy of Mr Hart. He will Believer99 06/07/14 07:31:14 PM
#1822   Where is this gold mine located? IPO$ 06/07/14 08:42:40 AM
#1821   So? Do you think you found a gold Believer99 06/07/14 03:37:17 AM
#1820   up 96% on low volume IPO$ 06/06/14 04:24:50 PM
#1819   It would be nice but more probably Mr Believer99 06/02/14 03:49:55 PM
#1818   Will they face quality time ? Santoslane 06/02/14 11:53:48 AM
#1817   Question is what will be the next moves? Santoslane 06/02/14 11:52:09 AM
#1815   LOL...This stock never had a chance with these StockSleuth 05/21/14 10:14:45 AM
#1814   This just in... fraudkill34 05/21/14 12:53:55 AM
#1813   To the micro pennies and beyond!!!! I StockSleuth 05/20/14 02:29:40 PM
#1812   Thank you very much. I'll be here all fraudkill34 05/16/14 08:01:13 PM
#1811   Best comment of the board of all times. Believer99 05/16/14 06:44:14 PM
#1810   Just waiting for a release like: PR Newswire May fraudkill34 05/15/14 07:42:29 PM
#1809   Just waiting for a release like: PR Newswire May fraudkill34 05/15/14 07:42:09 PM
#1808   Word is out, authorities notified, attorneys called and StockSleuth 05/14/14 07:49:46 AM
#1807   It's on their page. Very discreet. They probably Believer99 05/14/14 01:42:58 AM
#1806   I wonder if Hart and Orr are on StockSleuth 05/13/14 08:10:30 PM
#1805   Where did you get that information from. StockSleuth 05/13/14 07:53:12 PM
#1804   Nice job Mr Hart and Orr! Believer99 05/13/14 05:41:29 PM
#1803   "Zinco do Brasil announces recission of agreement with Believer99 05/13/14 09:50:10 AM
#1802   Just got back from a trip to the StockSleuth 05/13/14 08:22:30 AM
#1801   maybe they are fraudkill34 05/02/14 05:46:51 PM
#1800   maybe they are fraudkill34 05/02/14 05:46:44 PM
#1799   Just a matter of time in my opinion StockSleuth 04/24/14 11:17:31 AM
#1798   I wish Hart and Orr would pay more Believer99 04/24/14 10:44:58 AM
#1797   2-Day Sale on Shares! For all of StockSleuth 04/24/14 10:37:40 AM
#1796   $0.075 and falling. SURPRISE, SURPRISE! Complete StockSleuth 04/24/14 10:12:20 AM
#1795   104K shares at $0.099 on the offer. StockSleuth 04/23/14 01:37:21 PM
#1794   Looks like Orr and Hart are at it StockSleuth 04/23/14 09:46:03 AM
#1793   No kidding! The only money to be StockSleuth 04/18/14 09:46:52 AM
#1792   That's what so called specialists and those directors Believer99 04/18/14 05:23:54 AM
#1791   There is a lot of money to be RonnieD 04/17/14 07:12:19 PM
#1790   When we will see the quarterly "Notification of StockSleuth 04/17/14 08:09:19 AM
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