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

By A.J. Roan
Mining News 

Updated PEA for Pine Point zinc project

Despite inflation, study outlines an economically robust mine North of 60 Mining News – July 15, 2022

 

Last updated 7/14/2022 at 2:15pm

An aerial view of the main Pine Point camp by Osisko Metals.

Osisko Metals Inc.

Osisko Metals' new proposed mine plan could make Pine Point a top-ten global zinc-lead producer with an annual average production of 329 million pounds of zinc and 141 million lb of lead over an initial 12-year mine life.

Osisko Metals Inc. July 13 announced the results of an updated preliminary economic assessment for the company's Pine Point zinc project in Northwest Territories, Canada.

The objective of this updated PEA was to integrate updated long-term prices for zinc and lead, increased mined resources, cost escalations in capital and operating expenses, as well as reduced life-of-mine water management cos...



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