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By A.J. Roan
Mining News 

Pine Point drilling exceeds expectations

Aims to release an updated resource estimate in first quarter North of 60 Mining News – January 19, 2024

 

Last updated 1/26/2024 at 11:43am

An aerial shot of a snowy Pine Point early 2023.

Osisko Metals Inc.

Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources that produced roughly 14 billion lb of zinc and 4 billion lb of lead over a 24-year span beginning in 1964.

Osisko Metals Inc. Jan. 16 announced the remaining results from its 2023 drill program at its Pine Point zinc-lead project under its Pine Point Limited joint venture in Northwest Territories-results the company expects to incorporate into a new mineral resource estimate sometime in the first quarter.

Early last year, London-based Appian Capital Advisory LLP agreed to invest as much as C$100 mil...



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