“We don’t know of any other deposit that is out there right now, in the world, that is mining with these kinds of grades” – Jim Walchuck, CEO
We have met Jim Walchuck on several occasions and he tick all the right boxes. Jim has built mines and worked on projects all over the world and we couldn’t see a better person to bring the Bongará mine back into production.
With the acquisition at hand and $11-12 million in the bank, Zinc One is in a unique position to fasttrack one of the highest graded zinc projects back into production.
The Bongará deposit has extreme high zinc grades sitting right at surface. If “translated” to a gold deposit, they will be open pit mining the equivalent of Au 15 gr/t. Those kind of grades a rare for underground mining operations and almost unheard of for open pit.
“The goal of Zinc One is to have this mine back into production in 24-36 months” – Jim Walchuck, CEO