Consolidated Zinc completes Plomosas sale

Junior Consolidated Zinc has completed the sale of its Plomosas zinc project, in Mexico, to TSX-V and FSE-listed Impact Silver Corp.


The two companies in February struck a $6-million deal, consisting of an initial $3-million cash payment and up to $3-million Impact Silver shares. Consolidated Zinc would also receive 12% of the net profits generated from the Plomosas project, in cash.