For thousands of other reports visit RSC's Mineral Intellingence Map
Canadian Zinc Corp.
Summary
| Project: | Prairie Creek | |
|---|---|---|
| Deposit: | Prairie Creek | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 9/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 28-9-2017: Canadian Zinc Corp. announces a Feasibility Study report for its Prairie Creek deposit at the Prairie Creek project. Feasibility study results incl. pre-tax NPV (8%) of $344M, IRR of 23.8%. VANCOUVER, Sept, 28, 2017 /CNW/ - Canadian Zinc Corpor | |
| Resources: | (Reserve, P+P): 8.071Mt @ 124.22g/t Ag, 8.1% Pb, 8.64% Zn | |
| CP/QP: | [Resources]: Gregory Z. Mosher (Global Mineral Resource Services Ltd.) | |
| ABSTRACT: | VANCOUVER, Sept, 28, 2017 /CNW/ - Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) is pleased to report positive preliminary results for the Feasibility Study recently completed on its Prairie Creek Zinc-Lead-Silver Project in the Northwest Territories, Canada. The preliminary results of the Feasibility Study ("2017 FS") indicate notable improvements compared to the Preliminary Feasibility Study completed in 2016 ("2016 PFS") and confirm that the Prairie Creek Mine can support a significant increase in the mining rate and mill throughput that will enable production of higher quantities of zinc, lead and silver, and at lower operating cost as compared to the mine plan presented in the 2016 PFS. The 2017 FS was completed by AMC Mining Consultants (Canada) Inc ("AMC") and Ausenco Engineering Canada Inc. ("Ausenco"), with input from Allnorth Consultants Limited, F. Wright Consulting Inc., G. Mosher of Global Mineral Resource Services Ltd. and HCF International Advisers Limited ("HCF"). Optimization work completed as part of the 2017 FS has led to improvements in many aspects of the Prairie Creek Mine with only a modest increase in the capital cost. The 2017 FS Mine Plan covers a 15 year LOM from mill start-up with a particular focus on optimizing the LOM grade profile. "We are very pleased with the results of the 2017 Feasibility Study which is a major milestone for the development of the Prairie Creek Mine and confirms strong project economics and significant potential value for our shareholders", stated John F. Kearney, Chairman and CEO of Canadian Zinc. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report