Northwire Canada EditionSaturday, August 1, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Slave Lake Zinc Confirms High-Grade District Potential at O'Connor Lake; Assays Return Up to 7.75% Lead and 6.62% Zinc

SLZ · Price

Executive Summary

  • Slave Lake Zinc Corp. reported high‑grade lead (up to 7.75% Pb) and zinc (up to 6.62% Zn) assays from newly identified vein systems at the O'Connor Lake property.
  • The program validated the company’s regional exploration model, confirming a district‑scale hydrothermal system with additional copper (0.17–0.92% Cu) and silver (up to 19.5 g/t Ag) mineralization outside the historic Shaft Zone.
  • Results will guide the 2026 exploration plan, including targeted drilling, structural mapping, and geophysical surveys to delineate drill targets.

Key Details

  • Program Scope: 10‑day geological reconnaissance conducted in late September–early October 2025 by Aurora Geosciences Ltd., covering historic showings several kilometres from the Shaft Zone.
  • Assay Highlights:
  • Lead (Pb) – up to 7.75 %
  • Zinc (Zn) – up to 6.62 %
  • Copper (Cu) – 0.17 %–0.92 % across sampled intervals
  • Silver (Ag) – up to 19.5 g/t
  • Geological Interpretation: New vein systems share orientation and mineralogical characteristics with the historic Shaft Zone, supporting a large, deep‑seated hydrothermal origin for the O'Connor Lake property.
  • By‑product Potential: Presence of copper and silver suggests multi‑element economic upside beyond lead‑zinc.
  • Strategic Support: Program funded in part by the Northwest Territories Government’s Mineral Incentive Program (MIP).
  • Next Steps (2026):
  • Integrate geochemical data to prioritize geological sampling, structural analysis, and geophysical surveys.
  • Define diamond‑drill targets aimed at testing the newly identified structures.
  • Qualified Person: Gary Vivian, P.Geo., reviewed and approved technical content per NI 43‑101.

Notable Quotes

“The results of this season's field program are a major step forward for the Company… These results allow us to design a targeted exploration program to resolve the complex structural controls that localized this mineralization.” – Ritch Wigham, CEO & Director

Read the original news release →

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