Pine Point (Zn)

Royalty and terms: 2% net smelter return (NSR)
Operator:  Osisko Metals Inc.
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Primary Commodity: Zinc
Location: Northwest Territories, Canada
Reserves and resources1:
  • Inferred resources 5.3 billion pounds of zinc and 2.1 billion pounds of lead in-situ (52.4 M tonnes grading 4.64% zinc and 1.83% lead)
Status: Exploration

Details:

Pine Point is a brownfields open-pittable, zinc-lead development asset.  In 2020, Osisko Metals is expected to continue project studies, exploration, and community engagement work at Pine Point.

1: Mineral Resources have been classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards on Mineral Resources and Mineral Reserves, whose definitions are incorporated by reference into National Instrument NI 43-101.
Source: Company disclosure and Osisko management estimates.