XPL
- Solitario Zinc Corp.
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Overview
Company Summary
Solitario Zinc Corp. (XPL) is a mining company that primarily focuses on zinc exploration and development. The company is involved in the acquisition, exploration, and development of zinc properties, with the goal of ultimately becoming a zinc producer.
Solitario Zinc specializes in identifying and acquiring prospective zinc assets, conducting detailed exploration activities, and evaluating the economic viability of potential mining projects. They aim to identify mineral deposits rich in zinc and other associated minerals.
Once a potential zinc deposit is identified, Solitario Zinc undertakes various exploration techniques, such as conducting geological surveys, drilling test holes, and collecting samples. This helps to assess the quality and size of the zinc deposit and estimate its potential economic value.
The company then evaluates the feasibility of developing a mining operation on the acquired property. This includes assessing the infrastructure requirements, environmental impact, and the economic viability of extracting zinc from the deposit. If the project is deemed economically feasible, Solitario Zinc advances it to the development stage.
During the development stage, the company works towards obtaining the necessary permits, securing financing, and designing the mining operation. This involves designing the mine layout, establishing appropriate mine infrastructure, and implementing environmental mitigation measures.
Once the development phase is complete, Solitario Zinc begins the production of zinc. This typically involves extracting the ore from the mine, processing it to separate the valuable zinc mineral, and then refining it into commercial-grade zinc. The produced zinc is then sold to customers or metal traders, generating revenue for the company.
In summary, Solitario Zinc Corp. is primarily engaged in the exploration, development, and eventual production of zinc. They identify and acquire zinc-rich properties, conduct thorough exploration activities, evaluate project feasibility, and then develop and operate mining projects to extract and refine zinc for sale in the market.