Issue link: http://resourceworld.uberflip.com/i/832998
36 www.resourceworld.com J U N E / J U L Y 2 0 1 7 feed material as a replacement for kaolin. Hudson has spent well over a decade exploring Greenland, a country that the company has said offers relatively low corporate taxes, no royalty payments, or the challenge of having to deal with Aboriginal land claims. Permits can also be secured in as little as six months. Greenland Ventures, an arm of the Greenland government, recently took down eight million units priced at 50 cents each, generating $4 million for the company. Proceeds will be used to fund construction of the White Mountain anor- thosite project and to advance Hudson's paints and coatings business, as well as for general corporate purposes. Pasinex Resources Ltd. [PSE-CSE] is one of those rare companies that can bring on production in a rising zinc market. The junior base metals company is mining and shipping high-grade zinc from a mine in southern Turkey. Pasinex's Pinargozu Mine is rapidly evolving into a profitable mid- size operation with a production target of 40 million pounds this year. The company is an unconventional mining play because it has been able to generate profitable production of high- grade zinc without going through the usual development hoops, including filing a NI 43-101 compliant resource estimate for the project. However, the company hopes to rectify that situation by Q3 2017. It is also exploring for copper at another property in Turkey. Coro Mining Corp. [COP-TSX] is deploying a strategy that involves finding, developing, and putting into production high return/low cap-ex copper deposits located in Chile. "Our preference is for open pit, heap leach copper projects,'' the company has said. It has been focusing on achieving production from its Nora Solvent Exchange Electrowinning (SXEW) plant, which is 65%-owned by Coro and 35% by ProPipe SA., a Chilean engineering company. Coro said the plant is key to the rapid development of its Berta copper deposit. That's because it bought the plant to process pregnant leach solution from the Berta deposit, which has a measured and indicated resource of 17.6 million tonnes of 0.37% copper. Its other key assets are the Planta Prat copper development proj- ect and the Marimaca copper exploration project. All are located in Chile. Neo Lithium Corp.'s [NLC-TSXV] key asset is the 100%-owned Tres Quebradas (3Q Project), a salar and brine reservoir complex that extends for over 160 km. It is located in the Catamarca Province, the largest lithium-producing province in Argentina, 30 km from the Chilean border. Neo Lithium ranks as one of the highest grade lithium projects in the world. The company hopes to announce a resource estimate in the second quarter of 2017. There is no ready market for lithium. Lithium prices are determined by the purity and chemistry of the material as well as the length of the contract between buyer and seller. Brines (in salt ponds) and spodumene