InvestorsHub Logo
Followers 56
Posts 19996
Boards Moderated 3
Alias Born 09/23/2009

Re: None

Friday, 08/31/2012 9:27:30 PM

Friday, August 31, 2012 9:27:30 PM

Post# of 67
Though zinc mine production growth has stagnated in 2012, ongoing underinvestment in new mines is expected to create a supply shortage as early as 2014.

While a detailed financial analysis and ongoing detailed mine production planning were excluded from Selwyn’s recent update, the project appears to compare favorably — from an indicated and inferred resource standpoint — with similar zinc projects in development in Canada’s north.

Hudbay Minerals’ (TSX:HBM) projected 4,500 T/d production rate at its developing Lalor project near Snow Lake in Northern Manitoba is comparable to Selwyn’s, but Hudbay houses a smaller probable reserve of 12.591 million tonnes of 7.92 percent zinc. Hudbay is capable of expediting its production rate thanks to existing infrastructure from its Snow Lake property, which is slated to wind down later this year.

Canadian Zinc’s (TSX:CZN) Prairie Creek property also hosts a smaller measured and indicated resources of 5.84 million tonnes grading 10.71 percent zinc, but exploration around the property (not far from Selwyn’s property) remains in its early days.

Continued exploration work is also expected to boost Canada Zinc Metals’ (TSXV:CZX) multi-metal Akie project in North-central British Columbia, which currently houses an indicated resource of 12.7 Mt of 8.38 percent zinc and an inferred resource of 16.3 Mt of 7.38 percent zinc.

Many, if not all, of these projects are likely to receive considerable attention from investors and larger operators should projected zinc market shortfalls materialize as projected.

http://zincinvestingnews.com/3654-selwyn-resources-zinc-canada-yukon-northwest-territories-hudbay.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.