Donner Metals Ltd. is a Canadian development and exploration company focused on base and precious metal projects in Québec. Donner's flagship project is a partnership with Xstrata Canada Corporation in the Matagami Mining Camp covering both the current development of a new mine and on-going exploration activities. The project is located in the Abitibi region of central Québec and it is supported by Xstrata's existing mine infrastructure, a highly experienced workforce and an operating 2,950 tonne per day mill. As well, the area is serviced by highway, power, airport, railway and town site infrastructure.
The Donner - Xstrata team discovered the Bracemac-McLeod deposit which is currently being developed for production in early 2013. The deposit contains NI 43-101 compliant, proven and probable mining reserves of 3.73 million tonnes grading 9.60% zinc, 1.26% copper, 28.25g/t silver and 0.43g/t gold that support an initial 4 year mine plan. In close proximity to these reserves are inferred resources of 2.63 million tonnes grading 8.78% zinc, 1.31% copper, 38.83g/t silver and 1.06g/t gold. Mineralization is open in many parts of the deposit and exploration potential is considered excellent. Relative interests in the deposit are Donner 35% and Xstrata 65%.
The Bracemac-McLeod deposit is located 6 kilometres from Xstrata's Matagami mill complex. Mineral concentrates produced in Matagami are processed and refined at Xstrata's facilities in Rouyn - Noranda and Montreal.
In addition to the construction of the Bracemac-McLeod mine, a second deposit called PD1 is currently under feasibility study.
To support the long term commitment to the Matagami Camp, a well seasoned exploration team is actively exploring this extensive property, including the follow-up of other discoveries made by the team. The objective of our activities in the Matagami Camp is to discover and develop a supply of long-term feed to the Matagami mill.
