News
Overview
Contact

Zimtu Capital Corp.

Suite 1450 - 789 West Pender St.
Vancouver, BC V6C 1H2
Phone: 604.681.1568
Fax: 604.681.8240
Toll Free: 1.877.377.6222

Archive for April, 2013

Zimtu Portfolio Update

Wednesday, April 17th, 2013

Zimtu Capital would like to give you an update on two of our holdings, Arctic Star Exploration Corp. (TSXv : ADD) and Prima Fluorspar Corp. (TSXv : PF).

Arctic Star Exploration Corp. (TSXv: ADD)

Zimtu’s Holding:
1,955,283 Common Shares
165,000 warrants at $0.50 expiring Mar 2014
1,584,727 warrants at $0.37 expiring Apr 2015

Zimtu’s Total Exposure: 3,705,010 shares

The excitement coming from the Arctic Star camp is catching on as the company has commenced drilling on their Redemption diamond project in the North West Territories.

A few key points to consider:

– The company’s 100% owned diamond asset, the Redemption Project, is located near the prolific Lac de Gras area (approximately 300km North of Yellowknife)
– Two of the world’s largest diamond mines, Diavik (Rio Tinto) and Ekati (BHP), are within a ~35KM radius of Redemption
– Arctic Star’s VP Exploration is Buddy Doyle who, while working as VP Exploration for Kennecott Canada, led the team that discovered the Diavik deposit in 1994/1995.
– Geological indicator minerals associated with kimberlite showings are strong and the drill team, led by Buddy Doyle, has commenced drilling to expose these targets.

Click here to see the National Post article which features Arctic Star

Click here to see the Company’s website

Prima Fluorspar Corp. (TSXv: PF)

Zimtu’s Total Exposure: 7,457,500 shares

We are looking forward to see Prima Fluorspar Corp. list on the TSXv under synbol ‘PF’, on Friday, April 19, at 06:30 PST. The company will be exploring for fluorspar on their Liard project in northern British Columbia.

What is Fluorspar? Click Here

– Large BC property (55,000 acres) on Alaska Highway, 100%-owned claims
– 3.5 million tonnes historic resource, 32% grade fluorspar, metallurgy over 97% – qualifies for the highest market price.
– 30 km of strike, mineralization at surface
– Fluorspar is indispensable for modern life – refrigeration, consumer goods, aluminum and steel smelting, as well as medicines.
– There are no current fluorspar mines in Canada or USA which gives Prima Fluorspar a competitive advantage

Click here to see the Company’s website

For further information on Zimtu Capital please contact Matt Sroka at 1.604.681.1568 or toll-free at 1.877.377.6222.


Entries (RSS) and Comments (RSS).