RATHDOWNEY RESOURCES PROVIDES CORPORATE OUTLOOK FOR 2022

About this update from Rathdowney Resources Ltd.

RATHDOWNEY RESOURCES PROVIDES CORPORATE OUTLOOK FOR 2022 /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prngen2{ BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em } .prnsbbs0{ BORDER-BOTTOM:black 0pt solid } .prnsbts0{ BORDER-TOP:black 0pt solid } .prnbcc{ BORDER-COLLAPSE: COLLAPSE } .prnrbrs0{ BORDER-RIGHT:black 0pt solid } .prnsbls0{ BORDER-LEFT:black 0pt solid } Canada NewsWire VANCOUVER, BC , March 28, 2022 /CNW/ - Rathdowney Resources Ltd. ("Rathdowney" or the "Company") (TSXV: RTH) is pleased to provide an outlook on the expected catalysts and some key drivers for its Olza Project in 2022. The Company remains focused advancing toward a Mining License for its 100%-owned Project Olza, a proposed zinc-lead-silver underground development project in the well-established Upper Silesian Mining District of Poland . The Company remains cognizant of the geopolitical events in Eastern and Central Europe and, as such, is expecting a more gradual pace of development than initially planned. The prospects for zinc projects in Poland have improved significantly. With zinc trading at favourable prices ( US$1.78 /lb on March 21, 2022 1 ) and zinc demand on the rise 2 , the potential returns from mine development at a project such as Olza with all-in cash costs of US$0.57 /lb as forecast in a 2015 Preliminary Economic Assessment 2 , have also improved. According to the International Trade Administration (ITA) at the U.S. Department of Commerce 3 , the Polish Government has signaled that it wants to support the development of and investment in new and innovative manufacturing technologies such as additive manufacturing. The natural consequence of such increased primary manufacturing activity is a likely increase in the demand for metals such as copper and zinc. An example of this move into advanced manufacturing using copper and zinc is a recent German/Polish joint venture in which the primary and electrical components for electric cars are being cast, machined and installed in Poland 4 . Although zinc smelters in most of Eur...

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