- Slave Lake Zinc (SLZ) has completed the data acquisition phase of the airborne geophysical survey at the O'Connor Lake exploration project
- A total of 880 line kilometres was flown covering the property's structural control corridor
- Data processing and interpretation are underway with follow-up ground-based exploration and drilling programs recommendations expected soon
- Slave Lake Zinc Corp is a Canadian mineral exploration company
- Slave Lake Zinc Corp. (SLZ) opened trading at C$0.40 per share
Slave Lake Zinc (SLZ) has completed the data acquisition phase of the planned detailed airborne geophysical survey at the O'Connor Lake exploration project.
The airborne magnetic and VLF EM survey was flown by Precision Geophysics, at a line spacing of 50 meters using a helicopter-based geophysical system. A total of 880 line kilometres was flown covering the property's structural control corridor.
Data processing and interpretation are underway with target recommendations for follow-up ground-based exploration and drilling programs expected shortly.
The company's O'Connor Lake property had significant exploration work completed by a developer in the early 1950s. At that time, work included constructing a 45-kilometre winter access road, 62 drill holes totalling 4121 meters of core drilling and sinking of a three-compartment shaft to 55 meters with a level established at 45 meters to access the vein. A 26.3-ton bulk sample sent to the Trail smelter graded 55.0% Pb, 13.5% Zn and 2.7 OPT Ag.
The company is looking forward to sharing the data with its partners in the Northwest Territory Metis Nation in order to discuss its plans for further exploration at O'Connor Lake.
Slave Lake Zinc Corp. intends to develop the potential of its O'Connor Lake property, a historic zinc-lead copper property located in the Northwest Territories of Canada.
The property is located south of Great Slave Lake and to the east of Osisko Metals' Pine Point project.
The property was initially developed after the Second World War and subsequently abandoned in 1952 when the prices of zinc and lead collapsed post-war.
Slave Lake Zinc Corp is a Canadian mineral exploration company. The company is engaged in acquiring and exploring mineral properties and holds an interest in the O'Connor Lake Property in the South Slave Mining District of the Northwest Territories.
Slave Lake Zinc Corp. (SLZ) opened trading at C$0.40 per share.