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

By Midnight Trader,  September 14, 2012, 03:40:16 PM EDT

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 The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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