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Donner Metals



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From Mining Journal - February 6, 2009


XSTRATA plc has produced an initial resource estimate for the joint-venture Bracemac-McLeod volcano-genic massive sulphide deposit in the Matagami region of Quebec.

The deposit, for which Xstrata and partner Donner Metals Ltd won the Mining Journal outstanding achievement exploration award last year, lies 6km from Xstrata's operating Matagami mill complex.

Xstrata is conducting a scoping study for development of the deposit as a supplement and eventual replace-ment for output from its Perseverance mine at Matagami, and is expected to release results during the June quarter this year.

Perseverance feeds the 2,600t/d Matagami mill complex, and is estimated to have four years of remaining life. Xstrata's proposed decline portal site for Bracemac-McLeod is located about 2km from the mill. 

Donner holds an option to earn a 50% interest in the Matagami project by spending C$25 million (US$20.4 million) by May 31, 2011.  David Patterson, Donner's chairman, said the company had spent about C$17 million so far, and was spending at about C$1 million every three months. After Donner earns its interest, five separate joint ventures would be formed, with Xstrata holding an option to earn back a 15% interest in each area by spending C$20 million on a feasibility study. 

Having generated sufficient data for Xstrata to be able to produce a re- source estimate at Bracemac-McLeod,  Mr Patterson said, exploration would  now focus on other targets within the  joint venture area, which covers a total area of 4,750km2 of the Matagami mining camp.


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Donner Metals Ltd.

EXPLORATION STAGE
CODE : DON.V
ISIN : CA2578751042
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In the News and Medias of Donner Metals Ltd.
9/26/2009Donner Metals already looking to next big Matagami discovery
Annual reports of Donner Metals Ltd.
2008 Annual report
Annual Report 2007
Financings of Donner Metals Ltd.
11/14/2012Announces Closing of C$1,439,000 Final Tranche Private Place...
2/28/2012Increases Private Placement Financing
2/27/2012Announces C$10,000,000 Private Placement Financing
11/16/2011$440,000 Non-Brokered Private Placement Closes
11/10/2011$2,000,000 Brokered Private Placement Closes
10/27/2011Announces C$2,440,000 of Private Placement Financings
7/27/2011$3 Million Private Placement
7/25/2011Funds Received, Private Placement Closed
7/13/2011Financing News
12/21/2010$1,500,000 Private Placement Closes
2/15/2010Additional Private Placement Closings
11/16/2009Private Placements close
7/10/2009Private Placements Close
5/14/2009Non-Brokered Financing
5/8/2009Brokered private placement totaling $954,353 closes
4/8/2009Brokered Private Placement
4/8/2009Private Placement Totalling $901,595 Closes
3/17/2009Non-Brokered Financing
1/7/2008 $3.2 Million Private Placement Closed
12/17/2007 Private Placement Increased to $3.2 Million
Nominations of Donner Metals Ltd.
12/8/2010Appoints Vice President of Engineering
Project news of Donner Metals Ltd.
4/26/2011(Matagami)Completes Earn-In on the Matagami Project
3/6/2011(Matagami)Bracemac-McLeod Ramp Moves Past 660 Metres
2/10/2011(Pd1) Matagami Project Advances as the PD1 Deposit Moves to Feasi...
1/14/2011(Pd1)(angl) 1.74 MILLION TONNES GRADING 4.55% ZINC
11/15/2010(Matagami)2.35% Copper Over 8.9 Metres Intersected in the North Flank ...
10/4/2010(Matagami)Xstrata Zinc To Conduct Definition Drilling at PD1 Deposit
9/2/2010(Matagami)Receives a Positive Feasibility Study for the Bracemac-McLeo...
9/1/2010(Matagami)Inferred Resources at Bracemac-McLeod Expand by 2.07 Million...
7/12/2010(Matagami)Drilling Extends McLeod Deep Discovery
3/7/2010(Matagami)Bracemac-McLeod Update
2/16/2010(Matagami)McLeod Deep Discovery Expanded-7.50 Metres Grading 10.27% Zi...
11/23/2009(Matagami)Expanded Winter Drill Progam Initiated at Matagami
10/1/2009(Matagami)Bracemac-McLeod Feasibility Advances as Exploration Continue...
7/15/2009(Matagami) BRACEMAC-MCLEOD advances to feasibility
6/5/2009(Matagami)on BNN and Matagami Project Details
5/25/2009(Matagami)Drilling to Resume at Matagami; Scoping Study Nears Completi...
3/12/2009(Matagami)NEW DISCOVERY AT MATAGAMI²
2/26/2009(Matagami)BRACEMAC-MCLEOD NI 43-101 INDICATED RESOURCE: 3,623,000 TONN...
2/26/2009(Matagami)UPDATED BRACEMAC-MCLEOD NI 43-101
2/11/2009(Matagami)featured on Minesite.com
1/26/2009(Matagami)NI43-101 Resource
1/23/2009(Matagami)INITIAL BRACEMAC-MCLEOD NI43-101 INDICATED RESOURCE
11/12/2008(Matagami)Assays Return High-Grade Zincand Copper from the McLeod Disc...
10/27/2008(Matagami)Scoping Study Initiated as Latest Step-Out ...
9/5/2008Provides Initial Results From a Single Drill Hole Program on...
5/27/2008(Matagami)Four New High GradeIntersections at Bracemac/McLeod Includin...
5/9/2008(Matagami)13.47% Zinc, 2.33% Copper Over 6.95 Metres Intersected at Br...
4/11/2008High Grade Discovered Between Bracemac and McLeod
3/3/2008New High Grade Intersections Expand Zones at Bracemac and Mc...
1/9/2008 Drilling Intersects 9.48% Zinc and 2.81% Copper Over 6.00
11/26/2007DRILLING INTERSECTS MORE HIGH GRADE SULPHIDES AT BRACEMAC AN...
9/13/2007(South Voisey's Bay)Exploration Program Planned for South Voisey Bay Nickel-Copp...
Corporate news of Donner Metals Ltd.
10/22/2012Announces Results from Annual General Meeting, Head Office M...
10/22/2012Announces Results from Annual General Meeting, Head Office M...
7/13/2011Sandstorm Provides US$25 Million Senior Financing
11/29/2010Development of the Year!
10/23/2010Amendment to Warrant Terms
4/14/2010Definition Drill Program Completed at Bracemac-McLeod
2/3/2010$2,409,930 Financing Closed
1/30/2010Financing Increased
9/8/2009engineering contract and fast-tracked feasibility
8/24/2009Two Near Term Production Stories
6/22/2009Industrial Alliance Features Report on Donner Metals
5/19/2009A "Green Shoot" Rising
5/14/2009Is At The Starting Gate
4/14/2009Chinese zinc imports rise as domestic prices outperform LME ...
3/13/2009Xstrata and Donner Team Up to Exploit Matagami
2/26/2009Hotsheet
2/18/2009positioned for success
2/9/2009featured in Mining Journal
12/12/2008$1,048,000 Financing Closes
12/4/2008 AND XSTRATA ZINC CANADA WIN INTERNATIONAL EXPLORATION AWARD
11/25/2008$1.0 Million Financing
11/18/2008Donner Metals has fast-track potential says Reinhard
7/31/2008 Drilling Continues toDelineate and Expand Mineralization at...
8/1/2008Hotsheet for 7/31/2008
6/6/2008Hotsheet for 6/6/2008
6/6/2008$3.2 Million of Debentures Issued
5/28/2008$3 Million Debenture Offering
5/27/2008Hotsheet for 5/27/2008
4/11/2008Hotsheet for 4/11/2008
3/20/2008March Chairman's Letter
3/5/2008Hotsheet for 3/5/2008
2/1/2008Engages Mau Capital to Provide Investor Relations
1/8/2008Hotsheet for 1/8/2008
11/28/2007Expands Interest in Matagami Camp
11/8/2007Join us at the San Francisco Hard Assets Investment Conferen...
10/22/2007 Hotsheet for 10/21/2007
10/10/2007Corporate Update
8/2/20076 New Massive Sulphide =?ISO-8859-1?Q?=20Intersections,=20In...
6/14/2007New Zinc-Copper Discover 9.24% Zinc, 0.99% Copper Over 27.95...
6/7/2007Bracemac Yields Additional Results With New Mineralization I...
4/11/2007Copper-Rich Massive Sulphides Intersected in BRC-07-32 in th...
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