Company News: Donner Metals Last Update: 15 Oct 2009
Press Release: ENGINEERING CONTRACT AWARDED; FEASIBILITY FAST-TRACKED
- Date: 07 Oct 2009
- Category: Standard Release
- Description: 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.
Vancouver, B.C., September 8, 2009 – 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. In order to accelerate the decision-making process, Xstrata Zinc has decided to forgo pre-feasibility and go straight to feasibility from the scoping study stage. Bracemac-McLeod will essentially only require mine development as a result of the existing infrastructure in the camp, including Xstrata Zinc’s 2,600 tonne per day Matagami Mill Complex.
The feasibility study is scheduled for completion in June 2010, and given a positive outcome, mine construction using ramp access will begin in July 2010.
Additional information on Bracemac-McLeod and the Matagami Project is available online at www.donnermetals.com.
ON BEHALF OF THE BOARD OF DONNER METALS LTD.
“Harvey Keats”
Chief Executive Officer
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