Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) is expanding its exploration of its Sully property in British Columbia, Canada, near one of the world’s most historic and largest proven reserves of zinc, as the price of zinc has soared 60% to $1.17 per pound versus one year ago, according to InfoMine.com. KTNNF on May 8, 2017, reported that its actively searching for zinc in the company’s Sully Project. Three exploration holes have been completed and the project team is extending its survey efforts to the west anomaly, including state-of-the-art gravity mapping.
The Vancouver-based mineral exploration and development company sees vast potential in Sully, which is located just 18 miles (30 kilometers) from the Sullivan Zinc Mine, historically one of the largest proven deposits of the metal in the world. Zinc has jumped in value this year, to $1.17 per pound in May 2017 from 70 cents per pound one year ago. The overall size of market was…
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