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Firestone Ventures Joins AGORACOM 100 With NI 43-101: 330 Million Pounds of Zinc, 114 Million Pounds of Lead and 978,000 Ounces of Silver Defined to Date

Posted by AGORACOM at 3:00 PM on Wednesday, February 24th, 2010

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I am pleased to announce that  Firestone Ventures (FV: TSX) is the newest member of The AGORACOM 100.  With NI 43-101: 330 Million Pounds of Zinc, 114 Million Pounds of Lead and 978,000 Ounces of Silver Defined to Date, Firestone is definetly AGORACOM 100 material.

Firestone Ventures Inc. is exploring and advancing its road-accessible Torlon Hill zinc-lead-silver project in Guatemala, Central America. Since early 2006, 8,400 metres of drilling in 101 holes has identified mineral resources totalling 330 million pounds of zinc, 114 million pounds of lead and 978,000 ounces of silver. The Torlon Hill deposit is on or near-surface and is open for expansion.

In late 2008 and during 2009, Firestone completed additional land acquisitions, data compilation and re-interpretation of historic data, mapping, prospecting, and soil sampling. Fieldcrews are currently conducting regional exploration and zinc occurrence evaluation in preparation for drilling in early 2010. The company plans to expand on the resource defined at Torlon Hill in addition to drilling additional zinc targets in the regional carbonate belt.

As always, assume I am horribly conflicted by the fact Firestone is now a client of AGORACOM and do your own due diligence.  Here are some of the things we like about the company:

Exploring The Torlon Hill Zinc Project In Guatemala

  • Artisanal mining and smelting of lead for over 300 centuries; zinc potential of property had never been tested.
  • Torlon Hill is a direct replacement zinc-lead-silver deposit on the boundary between two major tectonic plates.
  • Deposit is almost completely oxidized to smithsonite (zinc carbonate) with remnant galena.
  • Road accessible, 100% owned by Firestone Ventures Inc.
  • First ever drill program started in early 2006.
  • 8400 m drilled to date in 101 drill holes, deposit is open to expansion.
  • High-grade zinc mineralization is exposed on surface and is near-surface in drill holes.
  • 330 million pounds of zinc, 114 million pounds of lead and 978,000 ounces of silver defined to date.
  • Excellent upside to exploration in the surrounding area to increase tonnage.

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Regards,
George

This entry was posted on Wednesday, February 24th, 2010 at 3:00 pm and is filed under 43-101's, AGORACOM Clients (New), AGORACOM Small-Cap TV. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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