NorZinc: A Premium Mine Developer
Focused on high-grade silver, zinc, and lead
NorZinc is a premium mine developer specializing in high-grade silver, zinc, and lead. The company has an experienced management team and board along with an established site infrastructure. NorZinc is currently developing the Prairie Creek Mine, a project with a long mine-life and significant expansion potential.
The Prairie Creek Mine is located in traditional Dene territory in Canada’s Northwest Territories. A Feasibility Study was completed on the mine in September 2017 with robust economics. The Prairie Creek Project consists of the mine and surrounding land and access.
Based on the reserves of the 2017 Feasibility Study, Prairie Creek will have a 15-year mine life with average annual metal contained in concentrate of 105 million lbs. lead, 95 million lbs zinc and 2.1 million oz. silver for the first 10 years, and average annual EBITDA of $110 million over the same period.
“We’re expecting to be able to increase the throughput by 50 percent and increase the reserves by 50 percent through drilling,” says President and CEO, Don MacDonald.
For more information on NorZinc Ltd. (TSX: NZC, OTCQB: NORZF) please fill out the form below.