Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) Mining for a Mother Lode of Zinc
Zinc prices increased around 60 percent last year to become one of the very best performing metals in 2016. Both Goldman Sachs and The World Bank project higher prices for zinc in 2017 and 2018 because of increased demand and serious global production deficits.
Zinc has become the fourth most widely consumed base metal in the world, after iron, aluminum, and copper, partly due to its strong anticorrosive properties. Zinc bonds exceptionally well with other metals, and approximately 60 percent of all zinc produced is used in coating (galvanizing) iron or steel to help prevent rust and corrosion, significantly prolonging the life of these products. Nearly indispensable in anti-corrosive applications, zinc is also combined with other metals to form brass and other alloys that have multiple industrial applications in automobiles, electrical components, and household fixtures.
Zinc is commonly found in mineral deposits along with other base metals, such as copper and lead. Zinc is produced mainly from three types of deposits: sedimentary exhalative (SEDEX), Mississippi Valley type and volcanogenic massive sulfide. Historically, large zinc focused mines have been in large SEDEX type deposits and account for more than 50 percent of the world’s zinc resources.
Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) is conducting exploration work near one of the largest SEDEX type deposits ever found. The world-class Sullivan deposit is recognized as one of the largest SEDEX deposits in the world and has produced some $40 billion worth of metals for nearly 100 years. Kootenay Zinc’s Sully target is 18 miles away from the famed Sullivan mine on land that’s quite geologically similar, which is notable as it increases the potential for hitting a mother lode of zinc. The sedimentary rocks that host Sullivan and that are present at the company’s Sully property were deposited in different parts, and represent different environments of the same basin.
Kootenay Zinc Corp. advisory board member Stuart “Tookie” Angus recently gave a lengthy interview (http://nnw.fm/k6KCs) about the Sullivan deposit and Kootenay’s Sully project potential.
It doesn’t appear that the global squeeze in zinc supplies will be over soon. Even China, which is both the world’s largest zinc consumer and its largest producer, is now being forced to import zinc for use in cars, household appliances, paints, rubber products, and smartphones. Zinc has proven to be a valuable, indispensable commodity, and Kootenay Zinc presents an intriguing opportunity to profit from the global squeeze and get a share of the zinc mother lode.
Source used for article content: http://nnw.fm/C88cP
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Zinc prices increased around 60 percent last year to become one of the very best performing metals in 2016. Both Goldman Sachs and The World Bank project higher prices for zinc in 2017 and 2018 because of increased demand and serious global production deficits.
Zinc has become the fourth most widely consumed base metal in the world, after iron, aluminum, and copper, partly due to its strong anticorrosive properties. Zinc bonds exceptionally well with other metals, and approximately 60 percent of all zinc produced is used in coating (galvanizing) iron or steel to help prevent rust and corrosion, significantly prolonging the life of these products. Nearly indispensable in anti-corrosive applications, zinc is also combined with other metals to form brass and other alloys that have multiple industrial applications in automobiles, electrical components, and household fixtures.
Zinc is commonly found in mineral deposits along with other base metals, such as copper and lead. Zinc is produced mainly from three types of deposits: sedimentary exhalative (SEDEX), Mississippi Valley type and volcanogenic massive sulfide. Historically, large zinc focused mines have been in large SEDEX type deposits and account for more than 50 percent of the world’s zinc resources.
Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) is conducting exploration work near one of the largest SEDEX type deposits ever found. The world-class Sullivan deposit is recognized as one of the largest SEDEX deposits in the world and has produced some $40 billion worth of metals for nearly 100 years. Kootenay Zinc’s Sully target is 18 miles away from the famed Sullivan mine on land that’s quite geologically similar, which is notable as it increases the potential for hitting a mother lode of zinc. The sedimentary rocks that host Sullivan and that are present at the company’s Sully property were deposited in different parts, and represent different environments of the same basin.
Kootenay Zinc Corp. advisory board member Stuart “Tookie” Angus recently gave a lengthy interview (http://nnw.fm/k6KCs) about the Sullivan deposit and Kootenay’s Sully project potential.
It doesn’t appear that the global squeeze in zinc supplies will be over soon. Even China, which is both the world’s largest zinc consumer and its largest producer, is now being forced to import zinc for use in cars, household appliances, paints, rubber products, and smartphones. Zinc has proven to be a valuable, indispensable commodity, and Kootenay Zinc presents an intriguing opportunity to profit from the global squeeze and get a share of the zinc mother lode.
Source used for article content: http://nnw.fm/C88cP
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
