Irish mineral play Minco says assays from its Pallas Green prospect in Limerick 'open up a large area of potential'.
Metals hopeful Minco has found more high-grade zinc and lead indications at Pallas Green in Limerick.
Mineral explorer Minco says Mexico’s Bilbao zinc, lead, silver and copper project could repay £20 million investment in 26 months.
Mexican-focused explorer Minco is investigating another, potentially larger, prospect near its 20 million oz-plus Laguna silver tailings project.
Roger Turner, executive chairman of Minco, is contemplating sweeping changes at the Dublin-based silver, zinc and copper exploration company.
A bankable feasibility study suggests Minco's Mexican silver tailings project could yield £7 million profits for seven years.
AIM-quoted Minco, which is developing silver prospects in Mexico and has a zinc project in Ireland, increased losses nearly sevenfold to £610,000 last year, but hopes to make itself ‘a major silver producer by 2008’, writes Robert Tyerman.
AIM-quoted metals explorer Minco, from the stable of Irish wheeler-dealer John Teeling, has received its operating licence for the Laguna Zacatena silver tailings project in Mexico, which the company says could yield 18 million oz of silver over eight years. Robert Tyerman reports.
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