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Regulatory hurdle delays NorZincSA国际影视传媒檚 winter road and mine production

NorZinc Ltd. announced Dec. 20 that due to SA国际影视传媒渦nexpected regulatory requirements,SA国际影视传媒 construction of the Pioneer winter road to its Prairie Creek zinc-lead-silver project in the Deh Cho region will be postponed by a year.
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NorZinc has to delay work on its Pioneer winter road, which is set to be part of the first phase of the all-season access road to the Prairie Creek zinc-lead-silver project in the Deh Cho region. Photo courtesy of NorZinc

NorZinc Ltd. announced Dec. 20 that due to SA国际影视传媒渦nexpected regulatory requirements,SA国际影视传媒 construction of the Pioneer winter road to its Prairie Creek zinc-lead-silver project in the Deh Cho region will be postponed by a year.

Consequently, production from the mine is also delayed by a year, now expected to begin at the end of 2024.

SA国际影视传媒淭his situation has resulted in a significant delay in delivering the projectSA国际影视传媒檚 benefits to our stakeholders, especially our shareholders as well as the people of the Northwest Territories who have the most to gain from the projectSA国际影视传媒檚 significant benefit by way of jobs creation and economic stimulus,SA国际影视传媒 stated Rohan Hazelton, NorZincSA国际影视传媒檚 president and CEO. SA国际影视传媒淭he Government of CanadaSA国际影视传媒檚 stated strategy is to support the development of critical minerals, including zinc, which is the primary metal in Prairie Creek, and it makes this procedural delay even more disappointing.SA国际影视传媒

The road makes up the first phase of the companySA国际影视传媒檚 all-season access road.

NorZinc received permits to construct, maintain and operate an all-season road from Liard Highway to Prairie Creek in November 2019, but has yet to receive approval for its management plan.

The mining project is set to be a significant producer of zinc, a SA国际影视传媒渃ritical mineral,SA国际影视传媒 according to the company. Prairie Creek is expected to generate gross revenue of more than $6 billion. While the potential benefits to federal, territorial and local governments could exceed $600 million.

Leadership from the Nahanni Butte Dene Band, the community closest to the mining project, could not be reached immediately for comment.





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