An update on the Izok Lake project will be provided by Ken Hill and Frank Balint of Metall Mining at a Sept. 24 luncheon here of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).
The zinc-copper-lead-silver project is 360 km north of Yellowknife, N.W.T., and 70 km west of Echo Bay’s Lupin gold mine in the Canadian Arctic. The property hosts geologic reserves of 15.6 million tonnes grading 2.4% copper, 13.8% zinc, 1.4% lead and 75 grams silver per tonne. This resource is contained within four lenses of massive sulphide mineralization of Archean age. Three of the zones subcrop under Izok Lake and are amenable to open-pit mining, while the fourth would require underground exploration. The presentation will outline the geology of the deposits, results from the exploration program and details of the full-scale feasibility study currently under way.
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