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Ironbark Zinc substantial shareholder lifts stake to 8.93%

Published: 01:55 18 Sep 2018 EDT

PROJECT SITE
Ironbark has already broken first ground on-site

Ironbark Zinc Limited (ASX:IBG) has had one of its major shareholders increase its stake through a series of trades.

The shareholding, which now totals 57 million shares is held across two private companies, Toronga Pty Ltd and Dulyne Pty Ltd.

The two private companies have lifted their combined stake to 8.93% from the previous interest of 7.83%.

READ: Ironbark Zinc crosses a major milestone by proving shipping access to its project in Greenland

Ironbark recently achieved a significant milestone by proving shipping access to its Citronen base metal project in Greenland, hosting one of the world’s largest zinc deposits.

The Nunavik, a 189-metre long Polar Class Cargo ship has marked the first time a large commercial ship has travelled so far north on the eastern coast of Greenland.

READ: Ironbark Zinc completes site visits at Greenland zinc project, begins portal work

The Citronen project has some unique characteristics that are likely to make this one of the most environmentally friendly and sustainable global operations.

Ironbark plans to draw on these advantages to deliver the cleanest zinc mine in the world.

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