Adex's principal asset is its wholly owned Mount Pleasant Mine - a high-quality tin-indium and tungsten-molybdenum development project in southwestern New Brunswick, Canada.
The Mount Pleasant property includes 102 highly prospective mineral claims covering approximately 1,600 hectares (4,000 acres). According to a government report, “Mount Pleasant is North America’s largest tin deposit and the world’s largest reserve of indium."*
Adex is focused on fast-tracking development at Mount Pleasant. Ongoing and scheduled work includes:
- Scoping study to assess production strategies at the mine
- Development of metallurgical/bench-scale process
- Evaluation of a wastewater treatment system for the project
- Upgrading existing tailings dam structures on the property
- Environmental management planning
- Development of drill program (Drill program commenced in late February, 2008)