Rathdowney is a mineral exploration company focused on finding and developing the next generation of zinc deposits. 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, an area of world-class Mississippi Valley-Type (MVT) zinc-lead deposits. Situated between the major population centres of Krakow and Katowice, Project Olza is easily accessible by road in a region with well-developed mining infrastructure, including smelting facilities.
In September 2012, Rathdowney announced an initial estimate of the mineral resources at Project Olza, which comprise 21.2 million tonnes in the inferred category grading 5.88% zinc and 1.54% lead (7.42% combined) containing 2.75 billion lb of zinc and 720 million lb of lead (at a 2% zinc cut-off)1. 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 substantially increase the mineral resources. In addition, preliminary metallurgical testwork returned excellent recoveries of zinc, lead and silver from the mineralization at Olza. The company has moved forward with data collecting and technical studies to advance the project and support a permitting process as outlined for mining projects in Poland.
Rathdowney's property portfolio also includes an interest in a highly prospective high grade property located in Alaska that presents significant potential for development.
Given its geological potential and excellent location, Rathdowney's Project Olza presents a compelling investment opportunity among a small peer-group of zinc-focused juniors.