Hunter Dickinson

Rathdowney

Rathdowney Resources

Rathdowney Resources Ltd.


Rathdowney is a zinc exploration and development company. Rathdowney is publicly traded in Canada on the TSX Venture Exchange under the symbol RTH.

Rathdowney's flagship project is located in the Upper Silesian Mining District of Poland, an area of world-class Mississippi Valley-Type (MVT) zinc-lead deposits. Project Olza is easily accessible by road in a region with well-developed mining infrastructure, including smelting facilities.

Rathdowney updated the estimate of the mineral resources at Project Olza in 2014, which at a 2% zinc cut-off, comprise 24.4 million tonnes in the inferred category grading 5.53% zinc and 1.49% lead (7.02% combined) containing 2.98 billion lb of zinc and 802 million lb of lead1. As the footprint of this resource covers only a portion of the large mineralizing system on the 150 square kilometre Olza property, there is excellent potential to increase the mineral resources.

In April 2015, Rathdowney announced strong results from a Preliminary Economic Assessment of a 6,000 tonnes per day underground mine and processing facility for Project Olza.

The company's current focus is on data collection and technical studies to advance project development and permitting.

Rathdowney also includes an interest in a highly prospective property located in Alaska that presents significant potential for development.

Given the potential of its project portfolio, Rathdowney presents a compelling investment opportunity among a small peer-group of zinc-focused juniors.
1 Based on drilling and historical data acquired to July 2014; estimated by David Gaunt, PGeo, a Qualified Person who is not independent of Rathdowney. Contained metal values are based on 100% recoveries.
Trading

TSX-V: RTH

$0.17    unch

Related News


June 23, 2015:
Results From New Drilling at Rathdowney's Project Olza:
Confirm Potential to Increase Resources; Advance Mine Development Studies
Learn more

May 14, 2015:
Rathdowney Files Technical Report For Project Olza PEA
Learn more

May 05, 2015:
Rathdowney Adopts Shareholder Rights Plan & Appoints CFO
Learn more

 
Hunter Dickinson