The Prairie Creek Project is located in traditional Dene territory in Canada’s Northwest Territories. The Prairie Creek Project consists of the Mine and surrounding land and access.
The 2021 Mineral Resource Estimate for the Prairie Creek Project includes 9.8 M tonnes of total Measured & Indicated (“M&I”) Resources at 22.7% ZnEq and 6.4 M tonnes of total Inferred Resources at 24.1% ZnEq.
Based on the results of the 2021 Preliminary Economic Assessment, Prairie Creek will have a 20-year mine based on a throughout rate of 2,400 tonnes per day with average annual payable zinc equivalent production of 261 million pounds.
Unless otherwise indicated, all scientific and technical information relating to NorZinc’s mineral projects contained on this page has been reviewed and approved by Kerry Cupit, P. Geo., who by reason of education, membership in professional associations (as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101“) and past relevant work experience, fulfills the requirements of a Qualified Person as defined in NI 43- 101. Mr. Cupit is an Exploration and Project Manager employed by NorZinc, with a B.Sc. in Earth Sciences (Geology). The information on this page is derived from results from a Preliminary Economic Assessment (“PEA”) set out in the Company’s press release dated October 21, 2021. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and led by Ausenco, with contributions from Global Mineral Resource Services, Mining Plus and F. Wright Consulting. The Technical Report for the Preliminary Economic Assessment for the Prairie Creek Project will be filed on SEDAR (www.sedar.com) within 45 days of this press release.