Rathdowney Resources Provides Additional Information on Zinc-Lead Project; Shares Up 7%


Shutterstock photo

Rathdowney Resources Ltd. (RTH.V) recently announced an estimate of significant zinc-lead mineral resources for its Project Olza in Poland.

The 100-square kilometre property is located in the Upper Silesian Mining District of southwestern Poland, an area of extensive Mississippi Valley-type deposits in which zinc-lead mining has taken place since the 12th century.

Mineralization at Project Olza occurs along a corridor which, in plan, follows a broadly curvilinear pattern with a total strike length of approximately 10 kilometres and width up to 1 kilometre.

Within this mineralized corridor Rathdowney has defined a mineral resource utilizing holes from historical and recent drilling.

RTH shares were up three cents at $0.48.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Commodities

More from MT Newswires


MT Newswires

MT Newswires

Market News, Commodities
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com