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| Ivernia Inc. is an international base metals, exploration, development and operating company. It is the sole owner and operator of the Magellan lead mine in Western Australia. At full production, Magellan is expected to be one of the top five lead-producing mines in the world, yielding close to 3% of total world mine production. The inferred resources and considerable regional exploration opportunities offer significant potential to extend the mine's current long reserve life. Ivernia trades under the symbol “IVW” on the Toronto Stock Exchange (TSX) |
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Magellan is ideally located in the mineral-rich East Murchison Mineral Field in Western Australia approximately 30 kilometres west of Wiluna and 900 kilometres northeast of Perth. All of the infrastructure needed for the mine is close-by: a road runs through the property to the town of Wiluna; the Kalgoorlie Goldfields natural gas pipeline also passes through the town; water is available in local aquifers; a skilled labor force is readily available in Perth, 90 minutes by air; and the port of Esperance is 990 kilometres by road and rail to the south.
Last changed at 05-Jun-2008 08:34PM by goldmembers
