02.01.2015 Views

Adex Mining Inc. TSX-V: ADE

Adex Mining Inc. TSX-V: ADE

Adex Mining Inc. TSX-V: ADE

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

North Zone Financials & Resources<br />

Preliminary Assessment<br />

Mine life – current plan<br />

10 years<br />

Production rate<br />

850 t/d<br />

Pre-production capital $71M<br />

Annual revenue $48M<br />

Annual operating cost $23M<br />

Annual cash flow $25M<br />

Pre-tax NPV @ 8% $80M<br />

Pre-tax IRR 29%<br />

North Zone Tonnes Sn<br />

%<br />

Zn<br />

%<br />

In<br />

ppm<br />

Indicated 12,400,000 0.38 0.86 64<br />

Inferred 2,800,000 0.30 1.13 70<br />

North Zone<br />

Updated NI 43-101 Resource Estimate<br />

Sn<br />

kg<br />

Contained metal 47,000,000 107,000,000 789,000<br />

Contained metal 8,600,000 32,000,000 198,000<br />

Zn<br />

kg<br />

In<br />

kg<br />

Compared to the 2009 mineral resource estimate, the updated reports demonstrate:<br />

• Higher cut-off grade<br />

• 14% increase in Indicated category<br />

• Tin is approx. the same<br />

• Contained zinc and indium increased by<br />

34,000,000kg and 100,000kg<br />

<strong>Adex</strong> <strong>Mining</strong> <strong>Inc</strong>. <strong>TSX</strong>-V: <strong>ADE</strong> 12

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!