Adex Mining
The journey between discovering a mineral deposit and bringing a mine into production resembles an action-packed road trip. The typical mining journey consists of ten basic milestones that must be reached to achieve full production.

1. Geological mapping. Identify and outline the deposit at surface.

2. Geophysical surveying. Delineate the deposit's size and structure at depth.

3. Sample assaying. Conduct assays to define mineralogy, composition and metallic associations of the deposit samples.

4. Diamond drilling. Further delineate the deposit at depth to verify its size, shape, structure and mineralogy.

5. NI 43-101 estimates. Use information from the foregoing steps to produce NI 43-101-approved mineral resource estimates.

6. Conceptual flowsheet. Create a flowsheet that describes the most effective metallurgical process for treating the ore minerals.

7. Scoping study. Make a preliminary assessment of the project's economic viability using information from the foregoing steps.

8. Bench-scale testing. Test and confirm the metallurgical process at the scale of a laboratory 'bench' using small ore samples.

9. Pilot study. Confirm and refine the flowsheet and metallurgical process using larger ore samples to simulate a full-size mill.

10. Feasibility study. Confirm the economic viability of mine production under current market conditions, given the pilot study results and NI 43-101 mineral resource estimates.

Adex has already reached many of these milestones (see  in table below) en route to full production at its Mount Pleasant property by 2015. The remaining milestones () are scheduled for completion over the next few years.

The sequence of milestones reflects our low-risk, staged approach to mine development. First we bring the Fire Tower Zone (FTZ) into production, focusing on the tungsten and molybdenum markets. Then we use metal revenues from the Fire Tower Zone to start up the North Zone (NZ), which enables us to produce tin, zinc and indium. 


Milestone

FTZ

NZ

Date

Details

Geological mapping and geophysical surveying



Before 2008

Conducted by previous mine owners

Sample assaying


1950s to present

Conducted by Adex and previous mine owners

Diamond drilling


2008

Adex drilled a total of 13,300 m (previous owners drilled a total of 158,761 m since 1950s)

NI-43-101 mineral resource estimates


2008

Click here for report


2009

Click here for report

Scoping study


2008

Click here for report summary


 

2010

Click here for report

Bench-scale work



 

2008

Tested tungsten gravity process


2008

Tested tin gravity process



2009

Tested flotation process on raw ore to produce zinc–indium concentrate and tin concentrate


2009

Tested hydromet process on zinc concentrate to extract zinc metal and indium sponge

Pending

Test smelting process on tin concentrate to produce tin metal

Pilot study


 

2010 and early 2011

Confirmed flotation process for producing zinc–indium concentrate and tin concentrate


Pending

Confirm hydromet process for producing zinc metal and indium sponge

Diamond drilling FTZ




Early 2012

Conduct confirmation drilling to upgrade mineral resource from inferred to indicated

Metallurgical feasibility testing



Q3 2012
(FTZ)

Produce definitive feasibility study

Production decision and start-up



2013 - 2015

Includes design and construction