Author photo

By A.J. Roan
Data Mine North 

Osisko forms Pine Point Mining Limited JV

Mining Explorers 2023 - January 18, 2024

 

Last updated 1/17/2024 at 11:17am

Osisko crew working on a drill pad in Northwest Territories.

Osisko Metals Inc.

With a C$100 million (US$72.9 million) investment and the formation of a singular-focused joint venture, Osisko aims for an operational Pine Point mine as quickly as it can.

Reorganizing under a new joint venture with a London-based private equity group, Osisko Metals Inc. now has the funds to advance the historic Pine Point zinc-lead mine project in Northwest Territories to "shovel-ready" status.

Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources Ltd. that produced roughly 14 billion pounds of zinc and 4 bill...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Mining News
Metal Tech News

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 02/25/2024 06:21