Ironbark Zinc Limited is an

Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...

listed (ASX: IBG) mineral resources company focused on the development of the

Citronen mine The Citronen mine is one of the largest potential lead and zinc mines in Greenland. The mine is located in Citronen Fjord, Northern Greenland. The mine has reserves amounting to 100 million tonnes of ore grading 2% lead and 3% zinc. The mine is c ...

Zinc Project in

Greenland Greenland ( kl, Kalaallit Nunaat, ; da, Grønland, ) is an island country in North America that is part of the Kingdom of Denmark. It is located between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. Greenland is t ...

History

The Ironbark company listed on the ASX in August 2006 as Ironbark Gold and in March 2007 acquired the Citronen Project. To reflect its core focus on zinc and the Citronen Project, the company changed its name to Ironbark Zinc in November 2009. Ironbark's goal is to develop the Citronen Project into a major base metal mining operation in Greenland. The project hosts in excess of 10 billion pounds of zinc and lead, and has a JORC-compliant Resource of 55.8 million tonnes at 6.1% zinc and lead. In 2013, Ironbark completed a Definitive Feasibility Study which confirmed the Citronen Project's development potential and in October 2014, the company submitted a Mining License Application for the project. Ironbark has a non-binding Memorandum of Understanding with China Non-Ferrous Metal Industry's Foreign Engineering and Construction Co. Ltd. (‘China Non-Ferrous’, ‘NFC’) for the construction and financing of the project, which provides NFC the option to purchase 19.9% of the Citronen Project and the right to enter into an offtake agreement for a portion of the project's concentrate at such time it is in production. Ironbark has strong and supportive shareholders which include

Glencore International AG Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. The current company was c ...

and Nyrstar NV.

Other Projects

Ironbark also has a portfolio of other prospective base and precious metals projects in Greenland and

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

. These include: Th
Mestersvig Base Metal Project
in eastern Greenland. The project comprises two 100% owned tenements which contain the historic high-grade Blyklippen Zinc-Lead Mine and the Sortebjerg Zinc-Lead Prospect.

Washington Land Washington Land is a peninsula in northwestern Greenland. It is a part of the Avannaata municipality. Washington Land was explored in the 19th century. Traditionally it was one of the hunting grounds of the Inuit, but there are archaeological rem ...

Project in North West Greenland. The project contains the

Cass Fjord Cass Fjord is a fjord in northern Greenland. To the southwest, the fjord opens into the Kane Basin of the Nares Strait. Geography The Cass Fjord opens to the SW at the northern end of Peabody Bay, north of Cape Clay. Cass Fjord forms Washington L ...

base and precious metals prospect. Peakview base and precious metals Project in Australia. The project is located near Cooma in New South Wales and contains several base and precious metal prospects. Captains Flat base and precious metals Project in Australia. The project is located 50 km southeast of Canberra in New South Wales and covers an area of over 240 square kilometres around the old mining town of Captains Flat.

References

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External links

Iron Bark Zinc websiteOre geological studies of the Citronen Fjord zinc deposit,North Greenland: project ‘Resources of the sedimentary basins of North and East Greenland’.
Metal companies of Australia Mining companies of Australia 2006 establishments in Australia