Donner Metals Ltd. - Base Metal Mining Exploration

Donner Metals Ltd. Donner Metals Ltd. is a Canadian base metals exploration and development company located in Vancouver B.C. The company is focused on base and precious metal exploration throughout Canada. Donner's flagship project is the Matagami Project option and joint venture with Xstrata Zinc Canada which was signed in 2006 and governs exploration and future development within the prolific Matagami Lake Mining Camp located in the Abitibi region of central Québec. The Matagami Camp is supported by Xstrata's existing mine infrastructure, highly experienced workforce and an operating 2600 tonne per day mill, as well as highway, railway and town site infrastructure. This infrastructure will benefit discoveries made under the agreement with Xstrata. Click HERE for the latest news on the featured Matagami Project.

The Matagami Project covers a 4,750 square kilometre area of mutual interest hosting productive Volcanogenic Massive Sulphide (VMS) stratigraphy surrounding the currently producing Perseverance Mine (100% owned by Xstrata Zinc). The camp has demonstrated potential, and has a pipeline of quality exploration targets that has lead to an exceptional discovery rate. Ores traditionally produced from the Matagami Camp are high-grade (zinc, copper, silver and gold). Xstrata's currently producing Perseverance Mine (5.12 million tonnes @ 15.82% Zn, 1.24% copper, 29.0g/t silver 0.38g/t gold) feeds the 2,600 tonne per day Matagami Lake mill complex, owned and operated by Xstrata Zinc. Concentrates are processed and refined at Xstrata's facilities in Rouyn-Noranda and Montreal.

Under the Matagami Project, the joint Donner - Xstrata exploration team have made four discoveries since the agreement was signed in 2006. The most advanced is the Bracemac-McLeod deposit (NI43-101 Indicated Resource of 3.62 million tonnes grading 11.52% zinc, 1.60% copper, 31.55g/t silver and 0.49g/t gold) located 6 kilometres from the mill complex. This deposit was discovered in 2007 and it is currently under an accelerated feasibility study being conducted by Xstrata Zinc. The study is scheduled for completion in June 2010. The remaining three discoveries are yet to be investigated. The objective of the joint venture is to discover a 15 year resource base to feed the Matagami mill complex.

In addition to Matagami, Donner holds a significant ground position at South Voisey's Bay, Labrador where exploration focus has been on nickel and copper. Donner also holds a 14% interest in Knight Resources Ltd., a joint venture partner with Anglo American Exploration (Canada) Limited on the West Raglan nickel, copper PGE project in northern Québec.

Featured Project

The Matagami Project has an area of mutual interest of 4,750 square kilometres and presently includes 3,340 mineral claims covering 801 square kilometres. Taking advantage of Xstrata's extensive historical database, Donner and Xstrata are using a combination of 3D data integration, innovative advanced technologies, new concepts, and diamond drilling to explore for new deposits in this prolific mining camp. more Matagami