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

By A.J. Roan
Mining News 

Pine Point grows closer to updated PEA

Latest assays show potential for expansion, resource upgrade North of 60 Mining News – March 25, 2022

 

Last updated 3/24/2022 at 2:13pm

Osisko Metals Pine Point NWT map Northwest Territories PEA 2021 drill program

Osisko Metals Inc.

Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Cominco – now Teck Resources – that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a 24-year span beginning in 1964.

Osisko Metals Inc. March 21 announced the latest results from the late 2021 definition drill program at its Pine Point project in Northwest Territories, Canada.

After taking over Pine Point in 2018, Osisko completed a 2020 preliminary economic assessment that outlined a mine that could yield an average of 327 million pounds of zinc and 143 million lb of lead annually over an initial 10-year min...



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