North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pine Point PEA shows mine may be feasible


Last updated 1/16/2018 at 7:43pm

Darnley Bay Resources Ltd. April 18 published results of a preliminary economic assessment for Pine Point that indicates developing a mine at this zinc project about 65 kilometers (40 miles) east of Hay River Northwest Territories would be relatively inexpensive and the payback on the initial capital would be realized in less than two years.

The PEA examined several development scenarios and s...

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