Donald R. Taylor: "Right Now Zinc is the Hot Commodity"

TL;DR

Arizona Mining CEO, Don Taylor, discusses the company's recent award-winning discovery of one of the world's largest lead-zinc deposits and their plans for production by late 2020.

Transcript

the investing news network and we're here at PDAC in Toronto and we're here today with Don Taylor CEO of Arizona mining how's the conference going for you very very good it's very busy so yeah we're enjoying ourselves and a lot of interaction with the people attending so it's been very good especially investors and I hear you're up for an award thi... Read More

Key Insights

• 🥺 Arizona Mining's discovery of one of the largest lead-zinc deposits in the world has earned them recognition and increased attention from investors.
• ✋ The company plans to expand the deposit further while maintaining high grades.
• 💝 Exploration and drilling activities will continue in 2018, and a feasibility study is expected to be completed by late July or August.
• 💝 Arizona Mining aims to secure financing for the project later in the year and plans for production by late 2020.
• 😤 The company's management team includes experienced professionals from the finance, mining, and permitting sectors.
• 👋 The project is located in southern Arizona, with good access to infrastructure, mainly on private lands.
• 🛟 The recent increase in reserves and ongoing drilling activities contribute to the company's confidence in the substantial size of the deposit.

Questions & Answers

Q: What is the significance of Arizona Mining winning the Linsley award?

Winning the Linsley award is a testament to the hard work of all employees at Arizona Mining and has brought the company significant recognition in the industry.

Q: How did Arizona Mining discover the large lead-zinc deposit?

Originally exploring for an oxide manganese silver deposit, the company noticed elements of a larger sulphide deposit and confirmed this theory with five drill holes.

Q: What is the timeline for Arizona Mining's production plans?

Arizona Mining aims to enter production by late 2020 after completing feasibility studies, obtaining necessary permits, and carrying out pre-development and construction activities.

Q: What is the outlook for zinc and lead metals?

Zinc is currently in high demand, with fewer producers entering the market. Lead has also seen a significant price increase over the last several months. Arizona Mining feels positive about their commodity mix with both metals, as well as high silver content.

Summary & Key Takeaways

• Arizona Mining won the Linsley award for the best global discovery at PDAC for their large lead-zinc deposit.

• The discovery came about after originally exploring an oxide manganese silver deposit and later finding indications of a larger sulphide deposit.

• The company is currently expanding the deposit, maintaining high grades, and plans to enter production by late 2020.