Adex Mining last week announced a new estimate of the mineral resource at its Mount Pleasant property in southwestern New Brunswick, Canada. The total tin-indium-zinc resource estimate includes an indicated mineral resource of 10,882,000 tonnes at an average 0.43% Sn, plus an inferred mineral resource of 7,603,000 tonnes at 0.22% Sn, giving with a combined tin content of some 63,500 tonnes. The resource estimate is compliant with current Canadian reporting standards and is based on a cut-off grade of 0.25% Sn equivalent (including allowance for indium values).
Although the Mount Pleasant property is the most advanced tin project in North America, Adex announced in December 2008 that it was halting further development until metal prices improve
