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Be the first with the news that moves the market- NorZinc (NZC) signed an EA with the Naha Dehe Dene Band and Liidlii Kue First Nation for the development of the Prairie Creek Project
- The company also received the final new Land Use Permit (“LUP”) from the Mackenzie Valley Land and Water Board
- NorZinc also signed a Transportation Corridor Benefits Agreement with Acho Dene Koe First Nation related to the transportation of mineral concentrate from the Prairie Creek Project
- President & CEO Rohan Hazelton sat down with Sabrina Cuthbert to discuss the news
- NorZinc is a mining development company focused on developing the Prairie Creek Project, located in the Northwest Territories
- NorZinc Ltd. (NZC) opened trading at C$0.03
NorZinc (NZC) has signed an Environmental Agreement for the development and operation of the Prairie Creek Project.
The agreement is with the Naha Dehe Dene Band and Liidlii Kue First Nation Band.
The company also received the final new Land Use Permit from the Mackenzie Valley Land and Water Board for the the mine expansion plan of 2,400 tonnes per day at the Prairie Creek Project.
NorZinc announced the signing of a Transportation Corridor Benefits Agreement with Acho Dene Koe First Nation related to the transportation of mineral concentrate from the Prairie Creek Project.
The company is expecting to receive permits to begin construction of winter access roads, providing land access to the project. Construction on an all-season road will begin next year.
President & CEO Rohan Hazelton sat down with Sabrina Cuthbert to discuss the news.
The Prairie Creek Project will have a significant economic impact on the local communities as well as the Northwest Territories and federal government, bringing in total revenue over its lifetime of $8 Billion with direct territorial and federal government benefits of over $1 Billion. Benefits of the project to the local First Nations include $5M a year in direct transfer benefits, $100M over the life of the mine, $330M in business contracts, and $65M in guaranteed employment.
NorZinc is a mine development company focused on developing its 100 per cent-owned high-grade zinc-silver-lead Prairie Creek Project, located in the Northwest Territories.
NorZinc Ltd. (NZC) opened trading at C$0.03.
