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  • August 10, 2017
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Consolidating Past-Producing Antimony & Tin

Geodex Minerals Ltd. (TSX.V: GXM) is a Canadian-based resource company with a focus on the consolidation of past-producing and producing Antimony and Tin mines in Canada and Internationally.

Both of the main target metals are ones which have seen steep price falls in the last thirty years resulting in shrinkage of Western production. Particularly in the case of Antimony this resulted from the Chinese producers flooding the market with cheap product and driving Western miners out of existence. Now the Chinese mines have been over-exploited and are seeing declining production in absolute terms and declining grades and margins.

Both metals have seen dramatic improvements in prices and profit margins in recent years. However the drought in exploration for these metals means there are few new projects in the pipeline. The Antimony space, especially, contains a number of past-producing properties that were shut down in their prime without having exhausted reserves. The goal of the company will be to aggregate these properties (including existing producers) and create a new producer on the international scene.

The company shall apply the same approach to Tin, which is a metal of even greater annual demand but that has few projects under development. North America is particularly poorly endowed with Tin resources, so the hunt for this metal shall be internationally focused.

Geodex maintains its commitment to also pursuing Tungsten and Indium. Tungsten, in particular, frequently appears in mineralisations with Tin (and Tantalum).

The geology of the Maritime Provinces is notably prospective for a number of critical metals, including Tungsten, Tin and Antimony.