Slave Lake Zinc Corp (CSE: SLZ) is on the verge of becoming a key participant in the nation’s green economy with its strategic metals exploration operations. The company recently led exploration and development to expand its potential to include lithium, a key component of electric vehicle batteries, in addition to existing zinc.
Slave Lake Zinc has a unique project with established zinc/lead targets and unmatched lithium potential in the same suite of host rocks.
With the recent deal between the Canadian government and Germany’s Volkswagen to help build Canada’s largest battery manufacturing facility, as well as Chile’s nationalization of all domestic lithium production, Slave Lake Zinc will become Canada’s green future.
As previously reported, company-owned historical data quantifies the regional extent of potentially sought-after lithium-bearing pegmatites used in the production of electric vehicle batteries, including the St. Thomas battery operation. Confirming. The company’s more than 35 square kilometers of zinc/lead samples and historical pegmatite displays at surface and depth, as confirmed by historical drill logs at both MWK 1 and MOC’s historic drilling sites. is confirmed by Headframe 1952 mining operation. The expanded Lake O’Connor project has become a key exploration project in the Northwest Territories’ mining industry, helping to combat climate change with the partnership and support of communities in the Northwest Territories’ Metis Nation and the Southern Slave Region. It has the potential to supply vital metals needed for Canada’s green future.
Slave Lake Zinc already has significant milestones, including a collaboration agreement, discovery of a new show 5 km north of Headframe, identification of historic pegmatites, expansion of the land site to over 6500 hectares, and obtaining drilling permits and water licenses. milestone has been achieved. with original lease. Prioritizing future drilling targets, Slave Lake Zinc is excited about the prospect of putting boots above ground to collect samples from the pegmatite zone and previously unsampled mineral output.
At the recent Annual General Meeting of Shareholders held on April 19, 2023, all decisions were made, including the re-election of five directors to the Board of Directors, the appointment of SHIM & Associates LLP as auditors, and the re-approval of the Board of Directors. Item has been approved. His 15% stock option plan in the company by a disinterested shareholder. Mr. Wiggum will continue to serve as CEO of the company, Mr. Lai as president and Mr. Cummings as CFO. Additionally, the firm has hired Grant Galloway of FP Wealth Management as a London-based consultant to provide exposure in Europe.
Slave Lake Zinc is excited about the opportunities ahead and is poised to contribute significantly to Canada’s strategic metals needs, support the green economy and play a pivotal role in the future of Canada’s mining industry.
About Slave Lake Zinc
Slave Lake Zinc Corp. plans to develop the potential of the O’Connor Lake property, a historic zinc-lead copper property in Canada’s Northwest Territories. The property is located south of Great Slave Lake and east of the Pine Point Project. The facility was first developed after World War II and was abandoned in 1952 when zinc and lead prices plummeted after the war. Slave Lake Zinc Corp. believes it is well positioned to move this project forward and significantly expand the property’s historic potential. For more information, please visit www.zinccorp.ca.
On behalf of the Board of Directors,
Slave Lake Zinc Corp..
per:
Rich Wiggum CEO & Director
Phone: 604-396-5762
Email: rwigham@zinccorp.ca
Neither the Canadian Stock Exchange nor its regulatory service providers have considered or are responsible for the adequacy or accuracy of the contents of this news release.
Forward-Looking Statements
The statements in this news release, which are forward-looking statements, are subject to various risks and uncertainties relating to certain factors disclosed both here and in Slave Lake Zinc’s periodic filings with Canadian securities regulators. Affected. When used in this news release, words such as “expect,” “plan,” “estimate,” “expect,” “intend,” “could,” “should,” and similar expressions refer to forward-looking statements. Forward-looking statements. The information contained in this document is a summary and may not include all important information available. Forward-looking statements include statements regarding the final offtake contract progress, potential development and production at our Lake O’Connor project, forward-looking events and other statements that are not factual. , but not limited to: Forward-looking statements are based on a number of assumptions and estimates that management believes are reasonable based on the business and markets in which Slave Lake Zinc operates, but are inherently material. It is subject to operational, economic and competitive uncertainties and contingencies. Accordingly, such forward-looking statements should be interpreted in light of such factors. Slave Lake Zinc has attempted to identify important factors that could cause its actual results, performance or achievements to differ materially from those contained in the forward-looking statements, but it is not possible to predict results, performance or achievements. There may be other factors that cause deviations. presumed or intended. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates regarding future developments, conditions or results will be realized. Accordingly, readers should not place undue reliance on forward-looking statements.The forward-looking statements in this news release are made as of the date of this news release, and Slave Lake Zinc does not update such information except as required by applicable law. or disclaims any intent or obligation to revise, and Slave Lake Zinc assumes no liability for disclosures relating to other companies..
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