Zinc

[Lone Clone]

Zeehan Zinc sees gravity separation plant, Comstock mine work completed shortly

http://www.forbes.com/markets/feeds/afx/2007/07/25/afx3948762.html

Australia-based mining company Zeehan Zinc Ltd said it expects to complete the gravity separation plant and construction work at its Comstock mine site shortly.

The company said it also expects to commence full commercial operations after it gets the permits to operate the tailings dam, polishing pond, waste rock dump, water system and local infrastructure by the end of August.

Zeehan said it is accelerating commercial negotiations with various parties on a potential offtake agreement for lead/zinc pre-concentrate and possibly a lead concentrate, and that it expects first deliveries in about three months' time.

Mined material has already been stockpiled at the site ready for processing and the infrastructure for this programme is either already in place or in the final stage of construction. Consequently, the company is delaying the construction of the floatation plant at the Comstock mine in the short term, it added.