Issue link: http://resourceworld.uberflip.com/i/963504
32 www.resourceworld.com A P R I L / M A Y 2 0 1 8 for about 395 million pounds of zinc in the inferred category, plus significant bi- products of copper, silver and gold. The resource is open at depth and along strike. Bunker Hill Mining Corp. [BNKR- CSE] has an option to acquire 100% of the Bunker Hill Mine, the largest producer in the Coeur d'Alene zinc, lead and silver min- ing district, northern Idaho. The United States Environmental Protection Agency (EPA) and the United States Department of Justice recently signed an agreement with Bunker Hill Mining, allowing the company to operate the Bunker Hill Mine without incurring liability for hazardous substances, pollutants or contaminants that migrated from the mine in the past. Callinex Mines Inc. [CGM-TSXV; CLLXF-OTCQX] has begun a two-hole winter drilling program at the Big Island and Flin Flon projects within the Flin Flon mining district of Manitoba. The company will also test its Hook Lake target at its Flin Flon Project that has been identified by multiple electromagnetic surveys located near HudBay's 777 Mine. Canada Zinc Metals Corp. [CZX-TSXV; A0RAQJ-FSE] is the largest land holder in a prolific Kechika Trough in British Columbia which hosts several known zinc-lead-silver deposits including the company's Cardiac Creek deposit. The com- pany divided its tenure package into two projects: the 100% Akie Project (hosting the Cardiac Creek deposit) and the Kechika Regional Project, which has district-scale and significant blue sky potential. Canadian Zinc Corp. [CZN-TSX; CZICF- OTCQB] has been drilling the 100%-owned South Tally Pond VMS project in central Newfoundland. The company's key project is the 100%-owned Prairie Creek Project, a fully permitted, advanced-stage zinc-lead- silver property in the Northwest Territories. Canstar Resources Ltd. [ROX-TSXV; CSRNF-OTC], Adventus Zinc Corp. [ADZN-TSXV] and Altius Minerals Corp. [ALS-TSX] have entered into a three- way definitive agreement in February 2018, whereby Canstar will acquire the Newfoundland base metal exploration assets of Adventus and the Daniel's Harbour zinc project from Altius. The transac- tion will allow Canstar to consolidate the majority of the Buchans Camp and add three high-quality zinc exploration proj- ects to its portfolio. Upon closing, Canstar's Newfoundland exploration team will begin the 2018 exploration program with a mini- mum of 3,000 metres of diamond drilling. Emerita Resources Corp. [EMO-TSXV] is conducting its exploration program at the Salobro zinc project in Brazil. The com- pany is fast-tracking the project in order to reach a development and construction decision. Emerita recently completed an internal scoping study, including a con- ceptual mine plan, based on the existing drill hole database. Fireweed Zinc Ltd. [FWZ-TSXV] has filed a NI 43-101 compliant mineral resource report on the Tom and Jason zones at its Macmillan Pass zinc-lead-sil- ver project, Watson Lake & Mayo Mining Districts, Yukon Territory. The project is accessible via a 3 km road from the North Canol Road off the Robert Campbell Hwy and there is an airstrip. Indicated resources are pegged at 1.63 billion lbs zinc, 0.61 billion lbs lead and 7.69 million oz silver. Inferred resources are 5.08 billion lbs zinc, 2.73 billion lbs lead and 48.41 million oz silver. These figures will be used to pro- duce a Preliminary Economic Assessment. The company is expecting that the PEA will be ready during Q2 2018. Concurrently, interpretation of the results of the drilling, mapping, geochemistry and geophysics work from the 2017 field season is continuing toward identifying high priority areas for exploration toward future new discoveries. The 2018 work program will include a larger drill pro- gram designed to expand and upgrade resources, plus drilling of targets for new discoveries and field work geared to iden- tify new exploration targets on the large property. Fireweed recently closed a $12.5 million flow-through financing. Galway Metals Inc. [GWM-TSXV; GAYMF-OTC] is exploring its 100%-owned advanced stage Estrades gold-silver-zinc- copper-lead project 95 km north of La Sarre, Québec. A NI 43-101 compliant reports pegs indicated resources at 1.3 million tonnes of 3.89 g/t gold, 137.9 g/t silver, 7.95% zinc, 1.15% copper and 0.65% lead. Inferred resources stand at 1.2 million tonnes of 1.54 g/t gold, 686. g/t silver, 4.31% zinc, 1.46% copper and 0.26% lead. Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] has received drill results for its Keymet Project near Bathurst, New Brunswick. Highlights include the discovery of a new high-grade vein in Ky-17-8 returning 18.80% zinc, 3.55% copper, 1.16% lead and 576 g/t silver over 1.27-metres, including 26.0% zinc, 5.13% copper, 1.36% lead and 834 g/t silver over 0.87 metres. Heron Resources Ltd. [HER-TSX; HRLDF-OTC; HRR-ASX] has awarded the underground mining contract for its 100%- owned Woodlawn zinc-copper project near Tarago, 250 km southwest of Sydney, New South Wales, Australia, to specialist under- ground mining contractor, Pybar Mining Services. A favourable Feasibility Study was completed in mid-2016. HudBay Minerals Inc. [HBM-TSX, NYSE] owns and operates three mines with zinc credits: the 777 Mine, Flin Flon, Manitoba; the Lalopr Mine and the Reed Mine, both near Snow Lake, Manitoba. Karmin Exploration Inc. [KAR-TSXV] is focused on gold and zinc in Brazil and Peru where it has several interests. They include the 30%-owned Aripuana zinc project in Brazil. The project is owned by Mineracao Dardanelos Ltda, a joint ven- ture between Nexa, which holds 63.3%, Milipo, which holds 7.7% and a subsid- iary of Karmin Exploration, which holds the remaining 30% interest. Aripuana is an underground polymetallic project in the State of Mato Grosso containing zinc, lead and copper with an estimated mine life of 24 years and a projected start-up date in 2020. A PEA prepared by RPA Inc. was filed on SEDAR in October 2017. It fore- casts production of 1.8 million tonnes/year (5,000 tonnes/day) and a pre-production capital cost of US $354 million. Karmin has a 30% carried interest and is not required to contribute to project costs until one year after completion of a feasibility study ZINC