Alexander Mining Aktie

Alexander der GROßE

 Alexander Mining is an AIM listed mining and mineral processing technology company with a reputation for strong technical management, allied with financial markets’ expertise and experience. The Company’s activities are directed towards the objective of becoming a highly profitable and diversified mining technology company. This will be achieved from the commercialisation of its proprietary mineral processing technologies, partnerships in producing mines and the acquisition of equity positions in advanced projects.

Our Core Values are:

• To be a good corporate citizen, demonstrating integrity in each business and community in which we operate
• To be open and honest in all our dealings, while respecting commercial and personal confidentiality
• To be objective, consistent and fair with all our stakeholders
• To respect the dignity and wellbeing of all our stakeholders and all those with whom we are involved
• To operate professionally in a performance-orientated culture and be committed to continuous improvement

Current Operations

Argentina - Leon
Copper/Silver Project, Salta Province, NW Argentina 
Location
The property is situated in the Salta Province of northwest Argentina .  The city of Salta is located some 1,250km northwest of Buenos Aires and the property is situated about 55km southeast of Salta . Access to the property is good via paved roads from Salta and gravel roads to the deposit.

Geology
Leon is a sediment-hosted, stratabound copper/silver deposit that has been partially delineated by work previously carried out by a Canadian company in the 1990's.  The deposit comprises two north-trending sub-parallel zones, hosted by a limestone unit termed the Yacoraite Formation and is in the basic form of a horseshoe, open to the northwest.  The eastern zone is termed El Plomo and the western zone called El Cobre.  

Resources
A diamond core drilling programme commenced in August 2005 and an initial resource statement to the JORC Code standard (the Australasian Code widely adopted throughout the world and which sets out minimum standards, recommendations and guidelines for reporting of exploration results, mineral resources and ore reserves) was released in July 2006. Subsequently in January 2007, after additional drilling, an updated resource statement was released.

Feasibility Study
The Leon feasibility study has been compiled internally by Alexander's senior
technical personnel and it reviews and summarises the studies carried out by
various specialist consultants and contractors.

Current status
Expenditure in Argentina has been cut to a nominal level to maintain the Leon project licences

Peru - Molinetes 
Gold prospect, Piura Province, Peru

Location
The Molinetes property is located in the District of Las Lomas and approximately 120km east of the city of Piura. It covers an area of 800 hectares.

Geology
An extensive alteration system centred on and covering most of the Molinetes property has been identified. Preliminary observations suggest the presence of a large scale epithermal/shear zone system with extensive veins of gold mineralisation, of a style not yet characterised and not observed before in Peru. It is in an area which, until recently, has had no previous history of mining or modern exploration.

The mineralisation covers a surface area of at least 6km2 and may extend beyond the boundaries of the Molinetes property, although the major proportion of the mineralisation appears to be located within the property boundaries.

The mineralisation is distributed beneath a broad band of shallow altered clays along the geological contacts and expresses itself as a series of discrete high grade veins and broad disseminated stock works located within the massive silica altered felsic volcanic rocks. Except for the shallow oxidised surface mineralisation down to 20m, the gold and silver mineralisation present is associated with sulphides. Reportedly, it is only since late 2004 that small scale artisinal mining, superficially down to depths of 20m, has taken place on high grade gold bearing quartz veins.

Initial work
This is dependent upon obtaining the necessary agreement with the local community

MetaLeach Limited
MetaLeach Limited is a wholly owned subsidiary of AIM listed Alexander Mining plc, formed to commercialise proprietary new mineral processing technologies with the potential to revolutionise the extraction processes for many base metal deposits. 
 
A proprietary ammonia based process for the leaching and selective extraction of base metals from high acid consuming and complex ores under ambient (i.e. atmospheric) temperature and pressure conditions. 

Although initially developed for copper, the Company has also developed its AmmLeach® process for the treatment of zinc oxide deposits. Test work results indicate a new solvent extraction and electro-winning (SX-EW) process for producing high purity zinc metal at the mine. This process leaches common zinc oxide minerals with very high extraction efficiencies and offers a potentially economic processing route for many zinc oxide deposits that are currently economically unviable.The Company believes that this technology will be of considerable commercial interest to both mining companies and zinc metal producers because it has the potential to be a highly competitive economic alternative to the processing technologies currently available.

Geographical Spread

Argentina and Peru