I think when you add the Queenslander and Morrison lodes to Victoria the whole area becomes economical as equipment, labour, drills and other resources could be redeployed and utilized at other mines located within a very short distance. Add Victoria @ 71,832t of pure zinc to mix and that's 250 mill plus another 130 mill @ 84c or 380mill of pure zinc in the immediate area. Certainly, if the price recovers to $1.20, all of these mines would become highly economical. These current valuations and estimates are also based on very low grades, low prices, low estimates, and that have significant potential to be extended as drilling continues.
KZL Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held