IMP will begin selling three grades of Lead and Zinc Ore in mid-2019.
TYPE-3: Averages 25% metal content or above, currently having around 60% Lead and 40% Zinc metal ratio. This Ore is designed to be mixed with lower quality Ores at a Beneficiation Plant, and can be bought in lump or crushed form (crushing charges extra).
TYPE-2: Averages 15% metal content or above with around 60% Lead and 40% Zinc metal ratio. This Ore is designed to be directly Beneficiation without mixing, as it includes both central vein material and vein border material having a lower metal content.
TYPE-1: Averages 8% metal content or above with around 60% Lead and 40% Zinc metal ratio. This Ore is designed to be mixed with a higher metal content Ore to produce an ore metal content that is maximally efficient for beneficiation of 15% to 20%. A one-to-one ratio of TYPE 3 and TYPE 1 produces a TYPE 2.
All payments will be based on actual quantities as measured during delivery of the Ore to the stockpile by the Buyer and Seller under an agreed Surveyor. The quantities of metal in the Ore for price setting are based on the Certificate of Analysis generated by the Surveyor under standard terms. Ore is provided in Lump Form, but can be crushed for an additional charge.
Upon completion of and Export License, IMP MINERALS is planning to be producing Concentrate (combined Lead and Zinc) by Q3-4 2019, first working with a Third Party Concentrate Production partner, and the with its own Concentrating plants by Q4 of 2019.
ZINC CONCENTRATE, 51% to 54% metal content.
LEAD CONCENTRATE, 56% to 60% metal content.