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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 6/26/2020 at 5:13am

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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