Part of a huge article on Zinc. Azure Minerals (ASX: AZS);
DD......Sorry about the aged thread, its all I could find on Zinc. Just grist for the mill.
After acquiring the Oposura zinc, lead and silver project in Sonora, Mexico in August 2017,
Azure Minerals completed a scoping study on the project in October 2018.
The study revealed a capital expenditure of $69.9 million to develop an initial 5.3-year operation
that would produce on average 19,000t of zinc, 10,000t of lead and 145,000oz silver annually.
With a 16-month payback period, the study predicts life of mine EBITDA up to $239 million and
annual average net cash flow of $46 million.
Oposura has a resource of 2.9Mt at 5% zinc, 2.8% lead and 17g/t silver.
Azure has scheduled the pre-feasibility study for completion by mid-2019, with production pencilled
in for the first quarter of 2021.
