April 8 SMM zinc spot price: the average price of SMM0# zinc fell 140 yuan / ton

North Peak Resources announced that diamond drilling has commenced at its owned Prospect Mountain Mine Complex in Nevada. Initial drilling will test the main sulphide MT anomaly following an updated three-dimensional interpretation and revised targeting. Historical hole PM23-001 intersected narrow massive-sulphide zones grading 9.5% zinc and 221.6 g/t silver over 1.0 metre, and 7.3% zinc and 54.6 g/t silver over 1.9 metres. The refined anomaly retains a strike length of more than 1.5 kilometres, and drill collars and orientations have been revised.

Thunder Mountain Gold announced the appointment of Dr. Steven Osterberg as Senior Vice President of Exploration, effective immediately. Ron Espell has stepped down as Chief Operating Officer. Osterberg will oversee target generation, technical evaluation, drilling and resource-growth programs, with a focus on the South Mountain project in Idaho. South Mountain is an exploration and development-stage silver-zinc-gold-copper-lead project covering approximately 13,061 acres. It contains more than 8,000 feet of historic underground workings and approximately 4,000 feet of rehabilitated, MSHA-compliant development.

[SMM Morning Meeting Summary: High Capital Concentration LME Zinc Records Four-Day Winning Streak] Overnight, LME zinc opened at $3,987/mt. At the beginning of the session, bulls added positions, driving LME zinc upward all the way, touching a high of $4,035/mt during European trading hours. Subsequently, profit-taking led to a rapid decline in LME zinc, hitting a low of $3,972/mt. Near the end of the session, the price center shifted upward, and it finally closed up at $4,021/mt, up $31.5/mt, or 0.79%. Trading volume increased to 14,081 lots, and open interest rose by 544 lots to 263,000 lots.