Buoyed by positive results from a scoping study and strong fundamentals for zinc, developer Metalicity will start a prefeasibility study (PFS) for the Admiral Bay project, in Western Australia, and has initiated a process to find a joint venture partner to accelerate the development.
The scoping study, which SRK Consulting completed, has confirmed that the Admiral Bay project could support a “long-life and low-cost zinc/lead/zilver operation of world-class scale”.