Adex Mining Inc. TSX-V: ADE
Adex Mining Inc. TSX-V: ADE
Adex Mining Inc. TSX-V: ADE
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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