Superior Lake Resources has released details of a restart study for its Superior Lake zinc project in Canada. Highlights of the announcement include the following. - Restart study confirms robust economics forecast: o post-tax net present value 10% - US$158 million; o low all in sustaining operating costs - US$0.51/lb ; o low initial capital costs [...]
Superior Lake Resources has announced a maiden JORC resource for its Superior Lake Zinc Project in Ontario, Canada that ranks it as one of the highest-grade zinc projects in the world. Highlights of the announcement include the following. Maiden JORC (2012) resource of 2.15 Mt at 17.7% Zn, 0.9% Cu, 0.4 g/t Au and 33.5 g/t Ag. Over 90% of the [...]
Superior Lake Resources recently acquired the Superior Lake zinc project in Canada. It was the country's highest-grade zinc operation (3.5 Mt at 14% Zn, 1% Cu) for a decade before closing in 1998 as a result of ongoing low zinc prices. Any exploration work since has been limited, due to the continued low zinc price and the project's fragmented [...]
