PERTH, Australia, April 12, 2018 /CNW/ - LeadFX Inc. (the "Company"
or "LeadFX") (TSX: LFX) announces it has filed an
Independent National Instrument 43-101 Technical Report, titled,
"NI 43-101 Technical Report on the Paroo Station Lead Carbonate
Mine, Wiluna, Western Australia".
The Technical Report supports the Company's press release dated
February 28, 2018.
The purpose of the Technical Report is to provide a summary of
the technical and economic feasibility of constructing and
operating a Hydrometallurgical Facility at the Paroo Station Lead
Mine in Wiluna, Western Australia
that integrates the existing mine and processing facility with a
new hydrometallurgical facility to produce lead metal in ingot
form, pursuant to NI 43-101 and other rules of the Canadian
Securities Administrators.
The Technical Report can be found on the Company's website at
www.leadfxinc.com and at www.sedar.com.
Forward looking statements
This news release may contain "forward-looking statements"
within the meaning of applicable Canadian securities laws. Examples
of forward-looking information in this news release include but are
not limited to statements and information concerning the following:
preliminary cost reporting; production, cost and capital
expenditures guidance; timing of and ability to secure project
financing favorable to the Company (if at all); implementation
schedule and forecasts; design and construction of the proposed
Hydrometallurgical Facility; capital and operating expenditures;
mineral resource estimates; mine plan and schedule; all in
sustaining cost estimates; metallurgical recovery rates; commodity
price forecasts; modification and improvement plans for mining and
processing lead ore at Paroo Station; tailings management at Paroo
Station; cash flow estimates; the productive mine life of Paroo
Station; and environmental approvals regarding the proposed
Hydrometallurgical Facility.
Forward-looking statements are often, but not always,
identified by the use of words such as ''seek'', ''anticipate'',
''contemplate'', ''target'', ''believe'', ''plan'', ''estimate'',
''expect'', and ''intend'' and statements that an event or result
''may'', ''will'', ''can'', ''should'', ''could'' or ''might''
occur or be achieved and other similar expressions. Forward-looking
information by its nature requires assumptions and involves known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information, and
readers are cautioned not to place undue reliance on such
information. These statements are based on expectations, estimates
and projections as at the date of this news release and are subject
to a number of risks and uncertainties. Should one or more of these
risks or uncertainties materialize, or should assumptions
underlying the forward-looking information prove incorrect, actual
results, performance or achievement may vary materially from those
expressed or implied by the forward-looking information contained
in this news release. These risk factors should be carefully
considered and readers are cautioned not to place undue reliance on
forward-looking information, which is current only as of the date
of this news release. All subsequent forward-looking information
attributable to LeadFX herein is expressly qualified in its
entirety by the cautionary statements contained in or referred to
herein. LeadFX does not undertake any obligation to release
publicly any revisions to this forward-looking information to
reflect events or circumstances that occur after the date of this
news release or to reflect the occurrence of unanticipated events,
except as may be required under applicable securities laws.
SOURCE LeadFX Inc.