Levon Resources could benefit from the growing demand from China to Mexico's minerals

Alessandro Bruno, 22 April 2014

Levon Resources (Levon) is a Canadian gold-, Silver, Zinc, and lead,- and precious metal exploration company, in the acquisition, Exploration and development of natural resource properties in Canada, Nevada and Mexico operates. Its flagship is the silver-, Gold-, Lead-, and zinc, Cordero-Projekt, to the 220 km south of Chihuahua, Mexico is.

Levon (TSX: LVN) recently reported, that the fourth phase of drilling on the property with Cordero 24 Core drilling to test the Aida territorial claim, which is in the middle of the property, is complete. Levon hat 14 contain samples taken, the significant tonnage potential for silver (Ag), Gold (At), Zinc (Zn) and lead (Pb) Mineralization have, which is present in the surface in and around the area around Aida. (…)

Mexico has had a centuries-long tradition of mining, which began before the arrival of the Spaniards and continues to this day. It stands out among other metals by its production of silver, Gold, Zinc and lead from. Mexico is the largest silver producer in the world and accounts for about 17% of the world production of. Mexico also has a huge potential in the field of mining growth. Only 20% the territory has been explored and show geological studies, that contain two-thirds of Mexican territory ore deposits, are at least as important as those, which make up the current production.

Levon is located in one of the most prolific mining regions of Mexico - the state of Chihuahua. The mining industry has a privileged position with regard to the support of the sector by the government, since it is regarded as a major engine of economic development of the country. The growth of the Mexican mining sector is mainly due to the increase in the prices of several metals and minerals in the period 2008-2009 back. But there is also a resurgence of interest in gold and silver investments, starting from a new “Gold Rush” and Nordamerika – especially in the Canadian province of Quebec, and most likely Ontario.

Map of the Americas

Growth in the industry of the Mexican mining sector was also encouraged by political and financial stability and by its proximity to the United States. Even though the U.S. economy is lagging, accomplished Mexico it to secure the strong exports of its minerals to China. In fact, the demand from China will continue to stimulate the Mexican mining sector, as the Asian giant investing heavily in Latin America.

Currently, China is the largest gold, Zinc and lead producer, but if it wants to continue its industrial development, it will be forced, more than 50% to consume the most important mineral resources in the world in the next ten years. In addition, China is also trying the environmental impact, which arises due to some mining activities – best known here is the promotion of rare earths - curb. It will take to find alternative sources beyond the country's borders. Levon is certainly to be able to benefit from this same demand.

To meet the Chinese demand, experienced the global market a phenomenon of mergers and acquisitions by Chinese mining companies, which have influenced the Mexican market. For example, the Jinchuan Group Ltd. of Tyler Resources Ltd. has made an offer bgzl. the copper-, Zinc, Molybdenum, Silver- made and gold resources in the state of Chihuahua. It is very likely, will try that more Chinese investors to buy companies.

The demand for raw materials in the world and grows in Mexico currently running projects in full swing. Canadian companies such as Levon are well positioned, to satisfy this demand. Mexico has an open market economy with skilled labor and free trade agreements with a total 41 Countries signed. Mexico is a signatory to the North American Free Trade Agreement (NAFTA) with Canada and the United States, the year 1994 entered into force and agreed to liberalize trade between the three countries.

Those: Alessandro Bruno, 22 April 2014, Investor Intel. http://investorintel.com/gold-silver-intel/levon-resources-benefit-growing-chinese-demand-mexican-minerals/

 

 

 

 

 

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