A rise of 15% in lead and zinc prices in the last 3 months has increased the chances of a mine at Dome 5, NSW. Zinc and lead results have been excellent in places at Dome 5 but depth at over 300 metres has raised question marks on the project. Zinc expert, MD Dr Russell Penney, remains upbeat about this Dome 5 prospect whilst realistically understanding the dreadful mining market at present and the continuing Aussie$ strength. Results of the second round of UXA drilling will be available at the end of March.
UXA Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
