RE: Heading north....17 Oct 2021 20:26
@shed from lundin
https://www.lundinmining.com/news/lundin-mining-acquires-spanish-zinc-lead-silver-re-122871/
Mr. Karl-Axel Waplan, President & CEO of Lundin Mining, commented, “Toral has great potential to become a mine asset which we have acquired at very low cost, representing great shareholder value. There are many similarities between Toral and our Zinkgruvan orebody, including a steep, sheet-like shape which is good for mining, and the coarse-grained zinc-lead sulphides with low pyrite content and good silver credits that should be easy to process and could make high-value concentrates. If we can verify the historic estimate and exploration potential, our plan is then to fast-track the Toral Project to mine feasibility stage with the help of excellent government and local support that we are receiving on this project.”
Lundin Mining is an active explorer for minerals and a fast growing producer of base metals. The company owns three mines, two in Sweden, Zinkgruvan and Storliden, and one in Ireland, Galmoy. The exploration portfolio is extensive and it also includes interests in international ventures and development projects. Lundin Mining has its head office in Vancouver, Canada, and its executive management team in Stockholm, Sweden. Lundin Mining’s shares are listed on the Toronto Stock Exchange and its SDRs on the Stockholm Stock Exchange O-list.
ON BEHALF OF THE BOARD
Karl-Axel Waplan, President and CEO
Statements contained in this news release which are not historical facts are forward-looking statements that involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Although Lundin Mining believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this release.
https://www.lundinmining.com/operations/zinkgruvan/
Zinkgruvan
Zinkgruvan is an underground mine with a long history having been in continuous production since 1857. The operation is comprised of an underground mine, a processing plant and associated infrastructure, producing zinc, lead and copper concentrates. Lundin Mining acquired the mine from Rio Tinto in 2004.
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