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Company News: Donner Metals
Updated: 15 Oct 2009

Donner Metals is a junior mining exploration company that has made high grade zinc and copper discoveries in the prolific Matagami camp of Québec - right beside Xstrata's producing Perseverance mine. Joint Venture partner Xstrata Zinc Canada has completed a scoping study on the Bracemac-McLeod discovery that the Donner / Xstrata team made in 2007 and further delineated in 2008.

With a positive feasibility study, this discovery has the potential to be fast tracked into near-term production. Donner and Xstrata have a joint venture agreement and are actively searching for additional feed for the Matagami Lake Mill on the 801 square kilometre Matagami Project Area. Capital costs are quite low due to the proximity of Xstrata's 2,600 tonnes / day mill and the established infrastructure at the Matagami Camp, including an airport, railway, paved road, and access to power

Also Known as: Donner
Business Category Exploration; Mining
Regions of Operation North America
Exchange Ticker DON.V
 

Financial Information

Stock Feed
Exchanges listed on TSX
Share Holders
Market Cap 13.25M
Shares Issued 53.02M
Corporate Office
  • Suite 2150
  • 885 West Georgia Street
  • Vancouver
  • B.C
  • V6C 3E8
  • ca
 
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07 Oct 2009
ENGINEERING CONTRACT AWARDED; FEASIBILITY FAST-TRACKED - NRSept8.pdf
Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSXV-DON), reports that the feasibility study is advancing rapidly at Bracemac-McLeod in Matagami, Québec. Bracemac-McLeod is subject to an Option and Joint Venture agreement between Donner and Xstrata Canada Corporation – Xstrata Zinc Canada Division (Xstrata Zinc). Definition drilling at 25 metre centers is underway, the engineering firm has been selected, and in-house engineering studies continue within Xstrata Zinc.

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