Pick Lake / Winston Lake Zinc Project
Project Details
The Superior Lake Zinc Project is located approximately 200km’s east of Thunder Bay in the province of Ontario, Canada. The Project covers 175km2 and consists of two deposits – Winston Lake and Pick Lake. The Project is a high-grade zinc deposit with a JORC resource of 2.35 Mt at 17.7% Zn, 0.9% Cu, 0.38 g/t Au and 34 g/t Ag (see ASX announcement 7 March 2019) and a Probable Ore Reserve of 1.96Mt at 13.9% Zn, 0.6%Cu, 0.2g/t Au and 26.2g/t Ag (ASX announcement 28 August 2019).
In August 2019, the Company released a highly positive Bankable Feasibility Study which outlined an operation at Superior Lake that would produce 34,000tpa of contained zinc metal with All in Sustaining Operating Costs of US$0.47 / lb, ranking the project in the lowest cost quartile of zinc projects globally.