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Donner Metals, Pacific North West Capital and Alhambra Resources Featured on The Next Biggest Winner TV Show This Weekend

Posted by AGORACOM-JC at 11:11 AM on Thursday, May 23rd, 2013

TORONTO, ONTARIO–(May 23, 2013) – The Next Biggest Winner, a leading and nationally televised investment show focusing on small-cap and mid-cap companies, is pleased to announce the following episode will be airing across Canada this weekend.

EPISODE GUESTS

Donner Metals (TSX VENTURE:DON)

Pacific North West Capital (TSX:PFN)

Alhambra Resources (TSX VENTURE:ALH)

Ron Tessier, VP of Engineering for Donner Metals talks development of the Bracemac-McLeod Mine. The company has since reported that production at the anticipated average rate of 3,000 tonnes per day commenced on May 15th.

Dr. Bill Stone, President and COO of Pacific North West Capital joins us to discuss the company’s flagship River Valley PGM project. The project boasts a Measured and Indicated resource of 2,463,000 ounces PGM plus gold.

Ihor Wasylkiw, Vice President & CIO of Alhambra Resources discusses current production and further exploration initiatives at the company’s Uzboy project in Kazakhstan.

PROUD SPONSORS

We are proud to announce that UC Resources (TSX VENTURE:UC) and Pacific Potash (TSX VENTURE:PP) will serve as anchor sponsors for all 30 episodes of Season 2. Both companies appeared in Episode 4 and will also be appearing on future episodes.

In addition, Marketwired is the official Media Partner of The Next Biggest Winner and distributor of this press release.

NEW SEASON, NEW HOST

Season 2 promises to be even better than Season 1 with the addition of our new host, George Tsiolis. As the Founder of AGORACOM.com George brings his significant knowledge and experience of small-cap markets to the show, insuring robust interviews and information for the benefit of our viewing audience.

Tsiolis stated “The Next Biggest Winner fills a significant void in Canadian Business Media by strictly focusing on emerging companies capable of becoming .. The Next Biggest Winner. Show creators Jamie Bailey and Metaphoria Productions smartly recognized there is no other nationally televised show of its kind and now provide small cap companies and investors everywhere with a great platform to connect. The production quality in our state of the art studio is second to none. I’m proud to be a Co-Producer for Season 2 and beyond!”

TELEVISION BROADCAST DETAILS

The show airs nationally on television via iChannel in prime time as follows:

WHEN: Saturday May 25th 7:30 PM EST (Also 8:30 AM & 3:30 AM)
Sunday May 26th 6:30PM EST (Also 7:30 AM & 2:30 AM)
WHERE: iChannel (See listing below or check iChannel for your local area)
http://www.ichannel.ca/the-next-biggest-winner/whats-on/
Bell Channel 514 Across Canada
Cogeco Channel 136 in Ontario and Quebec
MTS TV Channel 282 in Manitoba
Rogers Channel 197 in Ontario, Quebec, Nova Scotia, New Brunswick
Shaw Cable Channel 110 in BC / Channel 95 Everywhere Else
Shaw Direct Channel 593 (Classic) Channel 222 (Direct)
Source Cable Channel 174 Ontario
Telus TV Not Available Yet
Videotron Channel 146 in Quebec

About The Next Biggest Winner

The Next Biggest Winner is a television interview series for Canadian investors dedicated to identifying companies poised for growth. If your company believes it is The Next Biggest Winner and would like to appear on the show, please contact us below.

To watch a sneak peek of this episode, as well as, previous full episodes click here.

Contact Information

 

Metaphoria Productions
Jamie Bailey
Creator and Producer
jamie@metaphoriaproductions.com

AGORACOM
http://agoracom.com/services

WATCH: Episode 6 of The Next Biggest Winner, Donner Metals, Pacific North West Capital and Alhambra Resources

Posted by AGORACOM-JC at 4:30 PM on Monday, April 15th, 2013

On this weeks episode of The Next Biggest Winner we are joined by three of the most advanced junior resource companies in the marketplace.

Donner Metals (DON: TSX-V)

Pacific North West Capital (PFN: TSX)

Alhambra Resources (ALH: TSX-V)

SEGMENT 1 – Peter Traynor, head of listing development at the CNSX takes the stage to discuss the fast growing stock exchange.

SEGMENT 2 – Dr. Bill Stone, President and COO of Pacific North West Capital joins George to discuss the company’s flagship River Valley PGM project. The project boasts an M&I resource of 2,463,000 ounces PGM plus gold.

Ron Tessier, VP of Engineering for Donner Metals talks development of the Bracemac-McLeod Mine which continues on schedule and on budget, with production scheduled for May 2013.

Ihor Wasylkiw, Vice President & CIO of Alhambra Resources discusses current production and further exploration initiatives at the company’s Uzboy project in Kazakhstan.

SEGMENT 3 – ROUND UP! Peter Traynor leads the panel to further probe the companies about their access to capital and over all market sentiment.

Donner’s Bracemac-Mcleod Mine Development Continues on Target: Pre-Production to Commence Jan 2013 *sponsor*

Posted by AGORACOM-JC at 10:57 AM on Tuesday, November 20th, 2012

Donner recently provided a development update for the Bracemac-McLeod Mine and an exploration update for the Matagami Project as reported to the Company by partner and project operator Xstrata Canada Corporation-Xstrata Zinc Canada Division.

Bracemac-McLeod Development:

  • Development, now standing at 6,430 metres, has reached the Bracemac Main and the Bracemac KT zones and development in ore has already started at the Bracemac Main zone.
  • Ramping continues at Bracemac and in the two ramps to McLeod. There are now 25,000 tonnes of ore in the stockpile on surface from the Bracemac Main Zone.
  • Pre-production activities will commence in January with the objective of having 3 months of ready-to-blast ore to supply the mill at 3,000 tonnes per day early in the second quarter of 2013.
  • Equipment and buildings are being moved from Persévérance to Bracemac-McLeod in preparation for the transition to production from Bracemac-McLeod.

McLeod Deep Drill Program:

Donner and Xstrata have completed planning of an aggressive 35,000 metre drill program on the McLeod Deep Zone discovery that is currently estimated to contain Inferred Mineral Resources of 2.47 million tonnes grading 9.21% zinc, 1.22% copper, 39.81 g/t silver and 1.12 g/t gold (65% Xstrata, 35% Donner). Drilling will be conducted by multiple wedges from seven new pilot holes. The program will consist of both definition and exploration drilling designed to meet the following objectives:

  • Meet the 50-metre drill hole spacing criteria for the estimation and classification of the McLeod Deep Zone as an indicated resource.
  • Assess the continuity and distribution of gold grades within the base metal sulphide mineralization.
  • Identify possible extensions of mineralization to the southeast, northwest and down-dip.
  • Confirm the presence of mineralization between the McLeod Deep Zone and the bottom of the McLeod Zone, which is currently under development.

Recent Interviews and Presentations

Donner Metals Goes Beyond the Press Release to discuss recent Results.

Cambridge House Presentation

September 2012

Corporate Website / AGORACOM Hub

Bracemac-Mcleod Continues on Target, Exploration Drilling Intersects 2.83% Copper, 13.09 g/t Silver and 0.13 g/t Gold Over 19.35 Metres

Posted by AGORACOM-JC at 3:40 PM on Tuesday, October 2nd, 2012

The company recently reported on exploration results for drilling conducted in the vicinity of the Bracemac-McLeod Deposit and within the 4,737 square kilometre Matagami Project as reported to the Company by partner and project operator Xstrata Canada Corporation-Xstrata Zinc Canada Division.

Renewed exploration diamond drilling up-dip from the McLeod Zone has discovered new copper mineralization within a laterally extensive chlorite alteration zone, including 2.83% copper over 19.35 metres intersected in hole MCL-12-16, drilled 45 metres up-dip from previous drilling on the McLeod Zone. Two drills are currently active on the project.

The Donner – Xstrata team discovered the proven and probable mining reserves of 3.73 million tonnes grading 9.60% zinc, 1.26% copper, 28.25g/t silver and 0.43g/t gold that support an initial 4 year mine plan. In close proximity to these reserves are inferred resources of 2.63 million tonnes grading 8.78% zinc, 1.31% copper, 38.83g/t silver and 1.06g/t gold. Mineralization is open in many parts of the deposit and exploration potential is considered excellent. Relative interests in the deposit are Donner 35% and Xstrata 65%.

Donner Metals Goes Beyond the Press Release to discuss recent Results.

Cambridge House Presentation – September 2012

Corporate Website / AGORACOM Hub

Donner Metals Ltd.: Mcleod Zone Extended Up-Dip: Exploration Drilling Intersects 2.83% Copper, 13.09 g/t Silver and 0.13 g/t Gold Over 19.35 Metres

Posted by AGORACOM-JC at 9:20 AM on Wednesday, September 19th, 2012

VANCOUVER, BRITISH COLUMBIA–(Sept. 19, 2012) – Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M) reports on exploration results for drilling conducted in the vicinity of the Bracemac-McLeod Deposit and within the 4,737 square kilometre Matagami Project as reported to the Company by partner and project operator Xstrata Canada Corporation-Xstrata Zinc Canada Division (“Xstrata Zinc”). Renewed exploration diamond drilling up-dip from the McLeod Zone has discovered new copper mineralization within a laterally extensive chlorite alteration zone, including 2.83% copper over 19.35 metres intersected in hole MCL-12-16, drilled 45 metres up-dip from previous drilling on the McLeod Zone. Two drills are currently active on the project.

Results from each area are described below and assay results are listed in the attached Table 1. To view Table 1 and a longitudinal cross section, please visit the following link: http://media3.marketwire.com/docs/don919ei.pdf.

McLeod Up-Dip

A broad zone of mineralized chlorite alteration (“Pipe” alteration) with copper-bearing massive and semi-massive sulphides was intersected up-dip from current Mineral Reserves in the McLeod Zone. Eleven diamond drill holes were targeted on the Key Tuffite horizon at an average spacing of approximately 50 metres and covering an area measuring approximately 200 by 200 metres along the up-dip trend of the McLeod alteration system (Figure 1). This system is now known to extend over 1.4 kilometres in length and 400 metres in width. It hosts Proven and Probable Mineral Reserves in the McLeod Zone, Indicated Mineral Resources in the Copper Stringer Zone and Inferred Mineral Resources in both the McLeod Deep and West McLeod zones. Mineralization reported below is new and extends the known mineralization within the up-dip portion of this trend. Significant exploration potential remains to be investigated in the McLeod alteration system and adjacent to its known sulfide deposits.

Diamond drill holes MCL-12-15 and MCL-12-16 intersected sulphide mineralization at the Key Tuffite horizon over appreciable drilled widths along the southeastern margin of the McLeod alteration trend. MCL-12-15 returned 0.16% zinc, 2.06% copper, 7.00 g/t silver and 0.07 g/t gold over 4.00 metres. MCL-12-16, located 47 metres down- dip from MCL-12-15 and 45 metres up-dip from previous McLeod Zone drilling, intersected 0.14% zinc, 2.83% copper, 13.09 g/t silver and 0.13 g/t gold over 19.35 metres. MCL-12-14 was drilled a further 62 metres up-dip from MCL-12-15 and returned stringer mineralization in the hanging wall to the Key Tuffite. Drill hole MCL-12-18, drilled 33 metres southwest and down-dip from MCL-12-16, intersected weak chalcopyrite stringers intermittently over 11.6 metres in the immediate footwall to the Key Tuffite. Mineralization encountered in holes MCL-12-15 and MCL-12-16 remains to be investigated to the southeast.

In the Key Tuffite horizon immediately northwest of the intersections listed above, diamond drill holes MCL-12-08, MCL-12-09, and MCL-12-11 intersected significant copper values over narrow widths, while drill hole MCL-12-12 intersected 0.50% zinc, 2.13% copper, 7.19 g/t silver and 0.17 g/t gold over 7.00 metres. Drill hole MCL-12-09 also intersected a mineralized sequence within the Pipe alteration in the hanging wall above the Key Tuffite. Drill holes MCL-12-13 and MCL-12-14 intersected minor amounts of sulphide mineralization within Pipe alteration zones. Hole MCL-12-17 was drilled laterally across the alteration trend specifically to test a vertically-dipping, north-south trending structure. It intersected a felsic dyke at the Key Tuffite horizon.

Bracemac: Underground Exploration

Three exploration drill holes were completed from underground development that accesses the Bracemac Main Zone. The program was designed to test the Key Tuffite horizon in the vicinity of historical drill hole DDH-33EXT, which intersected well-mineralized Key Tuffite over 3 metres, including massive sulphides that graded 38.09% zinc over 0.15 metres. The location of this intersection is 350 metres northwest of the Bracemac KT Zone in an area where drill spacing is on the order of 100 to 360 metres. Drill hole UBRC-048 and UBRC-048A intersected the Key Tuffite 120 metres southeast of DDH-33EXT where they encountered sulphide mineralization and chlorite alteration at the Key Tuffite. UBRC-048 intersected massive, semi-massive and stringer sulphides (pyrite and lesser sphalerite) from 195.70 to 198.60 metres and similar stringer and laminated sulphides from 207.00 to 213.70 metres. Chlorite alteration with both disseminated and stringer sphalerite occurred in both the hanging wall and footwall to these intervals. UBRC-048A was drilled 6 metres southeast of UBRC-048 and intersected the Key Tuffite, containing stringer and laminated pyrite and sphalerite, from 194.5 to 202.8 metres. Rocks in the footwall to this interval exhibited well-developed chlorite alteration and disseminated sphalerite. Drill hole UBRC-049 intersected disseminated sphalerite mineralization over 0.3 metres. This intersection is located 20 metres northeast of DDH- 33EXT at the Key Tuffite. There is remaining exploration potential in the vicinity of the Bracemac zones at both the Key Tuffite and the Bracemac stratigraphic levels.

Galinée 14 Area

Two diamond drill holes were completed at the Galinée 14 Prospect located 6.5 kilometres southeast of the Bracemac-McLeod mine. Both holes intersected significant widths of Pipe alteration within the Key Tuffite – Watson Lake sequence with one hole returning the first appreciable sign of sulphide mineralization. Drill hole GAL14-12-10 returned 1.00% zinc, 0.15% copper, 0.66 g/t silver and 0.01 g/t gold over 7.50 metres within the alteration package. Drill hole GAL14-12-11 intersected unmineralized Pipe alteration. The Galinée 14 alteration system is one of the largest areas of continuous Pipe alteration in the Matagami Camp and it remains open for further investigation.

Rivière Allard

One drill hole was completed in the Rivière Allard area in the Central Camp Joint Venture area approximately 11 kilometres from the Matagami Lake Mill. Drill hole RA-12-11 intersected mineralized intermediate intrusions within a mineralized andesite pyroclastic unit at the target horizon. Mineralization consists of disseminated and stringer pyrite, pyrrhotite, magnetite, sphalerite and chalcopyrite.

PD2 Area

Two diamond drill holes were completed on the PD2 property in the West Camp JV area. These holes are located 17.5 kilometres west of the Matagami Lake Mill. Drill hole PD2-12-38 intersected granodiorite intruded into a sequence of andesite volcanic rocks. Drill hole PD2-12-39 intersected a rhyolite sequence intruded by felsic and intermediate rocks 1.6 kilometres to the southeast of PD2-12-38. The occurrence of felsic rocks in this area was previously unknown and provides a package of new stratigraphy worth further investigation.

CAV Area

One drill hole was completed as a stratigraphic test in the southern part of the West Camp JV area, 15 kilometres southwest of the Matagami Lake Mill. This drill hole intersected magnetic gabbroic anorthosite typical of the Bell River Complex.

SUPPLEMENTARY INFORMATION

The Bracemac-McLeod deposit contains Proven and Probable Mineral Reserves of 3.7 million tonnes grading 9.60% zinc, 1.26% copper, 28.25 g/t silver and 0.43 g/t gold. Inferred Mineral Resources of 2.6 million tonnes grading 8.79% zinc, 1.31% copper, 38.84 g/t silver and 1.06 g/t gold are located in proximity to the Mineral Reserves. The Company is a fully vested partner with Xstrata Canada Corporation in the extensive Matagami base metal camp located in the Abitibi region of Québec. This joint venture partnership covers six joint venture areas (“the Matagami Project”) governing 4,737 square kilometres of prime stratigraphy, which has yielded high-grade base metal production since 1963. Xstrata Zinc is the project operator for the Matagami Project, including the Bracemac-McLeod Mine. Additional information is available at www.donnermetals.com.

Xstrata Zinc is the project operator for the Matagami Project and all of the respective joint ventures. As operator, Xstrata Zinc is responsible for the execution of all development, production and exploration programs on the property. This includes resource evaluation, sampling, submittal of samples for assay, assay verification, metallurgical evaluation and QA/QC. Sample preparation and assaying are conducted by ALS Chemex-Chimitec, of Val-d’Or, Québec (zinc, copper and silver by atomic absorption, and gold by standard fire assay procedures).

Robin Adair (VP of Exploration) is a Qualified Person for Donner Metals Ltd. and is responsible for the technical information reported in this news release.

ON BEHALF OF THE BOARD OF DONNER METALS LTD

Harvey Keats, Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

Andrea Magee
Donner Metals Ltd.
(604) 683-0564 or Toll Free: 1-800-909-8311
(604) 602-9311 (FAX)
donner@bed-rock.com
www.donnermetals.com

Donner Metals Bracemac-Mcleod Continues on Target

Posted by AGORACOM-JC at 9:52 AM on Wednesday, September 5th, 2012

VANCOUVER, BRITISH COLUMBIA–(Sept. 5, 2012) – Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (“Donner Metals” or the “Company”) (TSX VENTURE:DON)(FRANKFURT:D4M), is pleased to provide an update on the development for the Bracemac-McLeod Mine as reported to the Company by partner and project operator Xstrata Canada Corporation-Xstrata Zinc Canada Division (“Xstrata Zinc”).

Multi-face development continues on 9 fronts and total lateral development now stands at 5,550 metres. Mine pre-production activities should be completed by year-end and the initial production is on schedule to begin in the first quarter of 2013. The project is tracking on budget, with the contingency allocated to the additional ball mill. The status of project development at Bracemac-McLeod is summarized as follows:

Surface:

Site administration facilities and infrastructure Existing
Matagami mill infrastructure (upgraded in 2007-2008) Existing
Tailings facility Existing
Railroad and highway (zinc and copper concentrate shipping) Existing
Haulage road to Matagami mill Complete
Ramp portal Complete
Stockpile and waste rock pads Complete
Service access road to portal Complete
Power, water service and mine water line to treatment facilities Complete
Power and access to vent/fill raise sites Complete
Electrical substation at Bracemac Complete
Communication tower at Bracemac Complete
Permanent surface mine dewatering pumping station Complete
Remaining Perseverance personnel relocation to Matagami Lake complex Complete
Surface garage and support buildings (to be augmented by Perseverance buildings) Complete
Perseverance office building transfer In progress
Perseverance garage transfer In progress
Permanent parking lot In progress
Mill and tailing capacity increase In progress
Additional ball mill to increase grinding capacity In progress

Underground:

Ramp to Bracemac area and underground power supply at Bracemac Complete
Fill raise construction Complete
Temporary ventilation in fill raise Complete
Temporary heating units relocated from Perseverance to Bracemac Complete
Underground powder magazine and cap magazine Complete
Underground electrical substation Complete
Equipment purchase and transfer from the Perseverance Mine Ongoing
Underground garage at Bracemac In progress
Vent raise construction In progress
Underground dewatering system In progress
Underground storage #1 Complete
Underground storage #2 and #3 In progress
Refuge station #1 and #2 Complete
Refuge station #3 In progress
Ramps to McLeod zone In progress
Multi-face development to Bracemac ore lenses In progress
Definition diamond drilling at Bracemac In progress

Donner Metals’ CEO Harvey Keats commented on the progress made and ongoing construction saying, “As can be seen from the details of the project development, both on the surface and underground, Bracemac-McLeod is poised to replace the Perseverance Mine in feeding the Matagami mill.”

SUPPLEMENTARY INFORMATION

The Bracemac-McLeod deposit contains Proven and Probable Mineral Reserves of 3.7 million tonnes grading 9.60% zinc, 1.26% copper, 28.25g/t silver and 0.43g/t gold. Inferred Mineral Resources of 2.6 million tonnes grading 8.79% zinc, 1.31% copper, 38.84g/t silver and 1.06g/t gold are located in proximity to the Mineral Reserves.

The Company is a fully vested partner with Xstrata Canada Corporation in the extensive Matagami base metal camp located in the Abitibi region of Québec. This joint venture partnership covers six joint venture areas (“the Matagami Project”) governing 4,737 square kilometres of prime stratigraphy, which has yielded high-grade base metal production since 1963. Xstrata Zinc is the project operator for the Matagami Project, including the Bracemac-McLeod Mine. Additional information is available at www.donnermetals.com.

Robin Adair (VP of Exploration) is a Qualified Person for Donner Metals Ltd. and is responsible for the technical information reported in this news release.

ON BEHALF OF THE BOARD OF DONNER METALS LTD.

Harvey Keats, Chief Executive Officer

Cautionary Statement:

Certain phrases in this news release are “forward-looking statements”. Forward-looking statements are identified by wording such as “should be,” and “is on schedule.” Such statements are applicable specifically to the Bracemac-McLeod Deposit in relation to: 1) the possible future completion of development as scheduled under the current development plan, 2) mining/production in relation to the current mining plan and 3) future planned exploration activities. Such statements also pertain to the completion of the project within context of the budget as defined in the feasibility study completed by Xstrata Canada Corporation – Xstrata Zinc Canada Division and Genivar Limited Partnership in 2010. With respect to future production, and the commencement thereof, from the Bracemac-McLeod deposit, the forward looking statements are in the context of the feasibility study completed by Xstrata Canada Corporation – Xstrata Zinc Canada Division and Genivar Limited Partnership in 2010 as posted under the Company’s profile at www.sedar.com. “Forward-looking statements” involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Further discussion of “forward looking statements” and “future oriented financial information” and the risks inherent to mineral exploration and development, in relation to Donner’s activities, can be found on the Company’s website at www.donnermetals.com. The reader is cautioned not to place any undue reliance on any forward-looking statement.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Contact Information

Donner Metals: President’s Message to Shareholders

Posted by AGORACOM-JC at 10:23 AM on Tuesday, August 28th, 2012

   Donner Metals: President’s Message to Shareholders
Message du président aux actionnaires

Donner Metals: Message du président aux actionnaires

Donner Metals Ltd Reports Higher Production at Bracemac-McLeod

Posted by AGORACOM-JC at 2:52 PM on Thursday, July 5th, 2012

Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (“Donner”) (TSX VENTURE:DON)(FRANKFURT:D4M), reports positive changes recently made to the development plan for the Bracemac-McLeod Mine as advised to the Company by partner and project operator Xstrata Canada Corporation-Xstrata Zinc Canada Division (“Xstrata Zinc”). Following on Xstrata Zinc’s objective to continuously optimize the development plan at Bracemac-McLeod, the mine design is being revised to allow production at a rate of 3,000 tonnes per day during the first two years of operation, compared to an average of 2,250 tonnes per day in the feasibility study. The mill will also be modified by the addition of a ball mill to allow production at 3,000 tonnes per day in the first two years. It will also provide for continued production at that rate to handle any incremental tonnage identified in and around Bracemac-McLeod. The additional mining and milling rate will increase cash flows in each of the first two years of operation.

Construction at the Bracemac-McLeod mine has successfully transitioned from single-face development in the main access ramp to multi-face development. Even though advancement has yet to reach the targeted rate, the number of mining fronts is increasing and should reach 10 or 11 fronts in July. Total advancement now stands at 4,304 metres. Development continues and initial production is still scheduled to begin in the first quarter of 2013.

The fill raise has been completed and will be used shortly as temporary ventilation. The pilot hole for the vent raise is in progress, and the vent raise is scheduled to be in service by the end of 2012.

PURCHASE DEPOSIT

The Company has received US$5 million from Sandstorm Energy Ltd. (“Sandstorm”). This payment is the final upfront purchase deposit pursuant to the metal purchase agreement announced July 13, 2011. In addition, the Company has issued to Sandstorm 7,431,759 common shares at a deemed price of CDN$0.19 per share, in satisfaction of an obligation to issue US$1.4 million of Company common shares upon receipt of final upfront purchase deposit. These shares have a hold period expiring October 30, 2012.

PROJECT OVERVIEW

The Company is a fully vested partner with Xstrata Canada Corporation in the extensive Matagami base metal camp located in the Abitibi region of Québec. This joint venture partnership covers six joint venture areas governing 4,737 square kilometres of prime stratigraphy, which has yielded high-grade base metal production since 1963. Xstrata Zinc is the project operator for the Matagami Project, including the Bracemac-McLeod Mine. Additional information is available at www.donnermetals.com.

Company Snapshot Infographic (click image to enlarge):

AGORACOM Client Feature – Donner Metals Ltd. (DON: TSX-V)

Posted by AGORACOM-JC at 11:28 AM on Thursday, March 22nd, 2012

DON: TSX-V

Donner Metals Ltd. is a Canadian development and exploration company focused on base and precious metal projects in Québec. Donner’s flagship project is a partnership with Xstrata Canada Corporation in the world-class Matagami Mining Camp district, covering both the current development of a new mine and on-going exploration activities. The area is host to historical production of 8.6 billion pounds of zinc and 853 million pounds of copper since 1963. The Matagami project is located in the Abitibi region of central Québec and it is supported by Xstrata’s existing mine infrastructure, a highly experienced workforce and an operating 2,950 tonne per day mill. As well, the area is serviced by highway, power, airport, railway and town site infrastructure. The Bracemac-McLeod deposit is located 6 kilometres from Xstrata’s Matagami mill complex. Mineral concentrates produced in Matagami are processed and refined at Xstrata’s facilities in Rouyn – Noranda and Montreal.

Bracemac-McLeod Mine

  • 35% Donner, 65% Xstrata Zinc
  • Production scheduled for January 2013
  • Initial mine life of 4 years on current mining reserve (diluted) of 3.73 million tonnes grading 9.60% zinc, 1.26% copper, and 28.25g/t silver and 0.43g/t gold
  • Positive ROR at base case = $0.80Zinc, $2.50 Copper

Mine Expansion

  • + 2.5 million tonnes in upside highgrade inferred resources identified
  • Inferred resources are open with high exploration potential
  • Numerous high-grade intersections outside of current resource envelope

The main access ramp reached 2,300 metres at Bracemac in early December, in advance of the scheduled year-end target, allowing full multi-face development to begin later in January. Total development now stands at 2,500 metres, including the main ramp to McLeod, three ramps turned off to the Bracemac Zones, and a turn-off to the backfill raise. The backfill raise, when completed, will be used as temporary ventilation until the ventilation raise is completed in the fall of 2012. Multi-faced development will now continue to the Bracemac Zones and the in the main ramps accessing the McLeod Zone.

VIEW Bracemac-McLeod Feasibility Report on SEDAR

Corporate Website / Hub on AGORACOM

Who To See At PDAC 2012

Posted by AGORACOM at 10:05 AM on Sunday, March 4th, 2012


 

  BOOTH #2717

  BOOTH #2203A

  BOOTH #2104

 BOOTH # 2129

  BOOTH #3339