NetworkNewsWire Announces Publication Discussing Several Stocks Gearing Up to Fill Zinc Shortage
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 11/08/17 -- ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Zinc One Resources, Inc. (OTC PINK: ZZZOF) (TSX VENTURE: Z), a client of NNW focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions.
The publication, titled, "Soaring Zinc Price, Mounting Supply Deficit Create Opportunity for Sector Operators," discusses how the demand for zinc, paired with a mounting supply deficit, offers significant opportunity for today's zinc producers.
To view the full publication, visit:
"Zinc on the London Metal Exchange hit a 10-year high of $3,308 per metric ton ($1.50 per pound) in October and hit a nine-and-a-half-year high on the Shanghai Futures Exchange of $4,048 per metric ton. Meanwhile, stockpiles of zinc on both the and are at some of their lowest levels since 2008 and 2009. ... Such factors are what makes a smaller zinc-focused developer like (OTC PINK: ZZZOF) (TSX VENTURE: Z) () so interesting, particularly given the company's direct access to historically proven high-grade zinc-oxide mineralization via its Bongará zinc-oxide mine project in mining-friendly northern Peru's mineral-rich Amazonas Region, obtained via the acquisition of Forrester Metals in June.
"In concert with the acquisition, Zinc One Resources closed a fully subscribed $10 million private placement that will fund exploration and development costs at Bongará. ... The Bongará Zinc project was discovered in 1974 and was mined in 2007 and 2008 via open-pit operations covering just 37 acres of the massive site. The mine yielded 358 metric tons per day resulting in a 60 to 65 percent zinc end product using a very simple Waelz kiln process before the mine was shuttered in late 2008 due to the slumping market price for zinc. In addition to more recent sampling, this historic record offers a solid indicator that the project's output can be readily extracted and processed using simple and straightforward techniques.
Zinc One Resources Inc. is a Vancouver, Canada-based company focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining friendly jurisdictions. Zinc One's key assets are the Bongará Zinc Mine and Charlotte-Bongará Zinc-Oxide Project in north-central Peru. Historical production of the Bongará Mine, which was mined from 2007-2008 until a fall in zinc prices shut it down, revealed greater than 20 percent zinc grades and recoveries over 90 percent, all from surface mining. Bongará's high grade zinc mineralization is considered a rare situation and one that Zinc One management is poised to explore further. The neighboring Charlotte-Bongará Zinc-Oxide Project has multiple at-surface, high-grade drill intercepts providing numerous drill targets.
For more information, visit:
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today's market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information please visit
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 08.11.2017 - 13:30 Uhr
Sprache: Deutsch
News-ID 567206
Anzahl Zeichen: 0
contact information:
Town:
NEW YORK, NY
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 201 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"NetworkNewsWire Announces Publication Discussing Several Stocks Gearing Up to Fill Zinc Shortage"
steht unter der journalistisch-redaktionellen Verantwortung von
NetworkNewsWire (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
