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

By Shane Lasley
Mining News 

Osisko encouraged by Pine Point Mine PEA

Scoping study shows strong financials, upside to zinc project North of 60 Mining News – June 19, 2020


Last updated 9/26/2020 at 2:50pm

Pine Point zinc lead mine recovery processing mill facilities NWT

Osisko Metals Inc.

A diagram of the 11,250-metric-ton-per-day processing facility, camp and other infrastructure proposed in a preliminary economic assessment for developing a mine at Pine Point.

Reestablishing a mine at Osisko Metals Inc.'s Pine Point zinc-lead project in Northwest Territories could be profitable, according to the preliminary economic assessment released on June 15.

The PEA outlines a mine that would produce an average of 327 million pounds of zinc and 143 million lb of lead annually over an initial 10-year mine life.

At an average zinc price of US$1.15/lb and lead a...

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