Project
O'Connor Lake "Collaboration agreement" & Project Highlights
Slave Lake Zinc: A High-Grade Critical Metals Project
Slave Lake Zinc is an exploration company focused on developing the historic O’Connor Lake Zinc-Lead deposit in the under-explored South Slave Region of the Northwest Territories. This promising project boasts exceptional potential for zinc, lead, and precious metals, as evidenced by impressive historical assay results.
Exceptional Mineralization
Historical assays from the O’Connor Lake property reveal extraordinary mineralization. Highlights include:
- BSM Showing (north): 0.88 oz/t gold, 4.2% lead, and 19.4% zinc
- West of O’Connor Lake (1952): 30.2 g/t gold, 21% lead, and 6.7% zinc
- MCO Sample (1965): 11.58 oz/t silver, 0.40% lead, and 1.1% zinc
*Please note: These assays are not 43-101 compliant.*
These exceptional results underscore the project’s immense potential and provide a strong foundation for our exploration and development efforts.
A Commitment to Sustainability and Community
We are dedicated to operating responsibly and sustainably, prioritizing Environmental, Social, Governance, and Indigenous (ESGI) factors. Our collaboration with the Northwest Territory Métis Nation and other Indigenous groups is fundamental to our success.
Unlocking the Potential
Through strategic land acquisition and the support of government and community stakeholders, we are poised to revitalize the O’Connor Lake project using modern exploration and development techniques. Our goal is to unlock the full potential of this high-grade critical metals deposit for the benefit of our shareholders and the communities in which we operate.
Join us as we embark on this exciting journey to create value and contribute to the global supply of essential minerals.
Project Highlights
We have a contiguous land holding spanning more than 7,000+ hectares.
Gold & Silver Potential From Historic Showings
We are advantageously positioned only about 50km away from this power source and almost directly in line with it.
Our possession of a water license streamlines the application process for acquiring additional permits.
Slave Lake has already established a "Collaboration Agreement" with the Northwest Territory Métis Nation, which provides a seamless path for development through to "feasibility" .
PROJECT HIGLIGHTS
Listed on the CSE: SLZ
Objective
To responsibly develop the O’Connor Lake Zinc-Lead deposit, creating value for shareholders while minimizing environmental impact and benefiting local communities.
Learn more about project
Numbers & Facts
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Gold PotentialGold Potential
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LOCATIONLOCATION
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Expanded Land PackageExpanded Land Package
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WHY WE STAKEDWHY WE STAKED
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FLYOVERFLYOVER
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New Mineralization 5km awayNew Mineralization 5km away
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"Collaboration Agreement""Collaboration Agreement"
High Grade gold Potential
Mineral Occurences
HISTORIC ASSAYS SHOW GOLD POTENTIAL
Two Separate Vein Systems:
- BSM: 0.88 opt Au, 4.2% Pb, 19.4% Zn (identified over 400 meters).
- Frank Lake: 30.2 g/t Au, 21% Zn, 6.7% Pb (traced over 1200 meters).
Significant Extent
- Frank Lake vein extends over 1200 meters with widths ranging from 1 to 4 meters.
- BSM vein system aligns with a geophysical anomaly extending towards the historical shaft area.
Unexplored Potential: Parallel veins near both systems offer further exploration opportunities. Deep Exploration Potential: Similar deposits can hold valuable metals up to 2-3 kilometers deep
- BSM #1 Vein 5.0% Zn, 1.2% Pb, .48 OPT Ag Drill Core
- BSM # 2 19.4% Zn, 4.2% Pb, 0.88 OPT Au
- Recent Sample: 3.3% Zn, 7.7%Pb
- Red Vein: Sample1: 11.58 OPT Ag, 0.40% Pb, 1.10% Zn
- Sample 2: #2: .20 OPT Ag, 30.82% Pb, 16.68 % Zn
- GT. MWK Gossan Zone- Manganese Showings 12% Mn trace AG AU
*Please Note these results are not 43-101 compliant*
"Collaboration Agreement"
Mutually Beneficial
It is designed for the benefit of “both parties” to advance the project area for the benefit of both parties. It has benefits for economic advancement and first right of refusal for employment opportunities and educational and training advancement for the members of the Northwest Territory Métis Nation first and the people of the South Slave second. We are very pleased so far with these arrangements.
Cooperation
Framework for co-operation in all aspects of the development of O’Connor Lake through to fruition.
Confidential
The “Collaboration Agreement” is a confidential document.
Benefit of "collaboration Agreement"
Slave Lake worked with the Northwest Territory Métis Nation and other Indigenous communities to stake a 76.25 sq. km area that hasn’t been explored in at least 30-70 years. We are the first to use modern exploration techniques in the Historic O’Connor Lake area and mine. According to the Mackenzie Valley Land and Water Board, “Land withdrawals are a tool that can be used to protect land from development or other activities. When a land withdrawal is in place, no new mining rights may be registered, or no new oil and gas rights may be issued. Existing rights are grandfathered. ”
"COLLABORATION AGREEMENT"
& Land Withdrawal
Land Withdrawal Area
Project Expansion Before and after Collaboration Agreement
Favorable Infrastructure
New Mineralization 5KM away
New Mineralization Samples
Previous Samples on Original Lease
“The new claims cover a crustal structural corridor extending a minimum of 15 kilometers Northwest from the headframe zone”
Expanded Land Package
Why we Staked
- Slave Lake Zinc recognized the need for a larger land footprint to systematically analyze the potential at O’Connor Lake
- Our recognition was realized upon the completion of a targeted airborne magnetic survey which substantiated our belief that structures related to the known zones of mineralization trend off the grandfathered lease
- We believe the historical geological resource at O’Connor Lake has significant potential for expansion of high-grade Zn/Pb mineralization across the property, but also knew that our real return would come from our historic knowledge of the area of interest.
- With the consent of the Northwest Territory Métis nation, we conducted a 900-line kilometer 50 meter spaced airborne geophysical survey in advance of having any rights to the ground prior to staking.
- That the prospectivity of the area would be a mutual benefit to both Slave Lake Zinc, the people for the South Slave region and all stakeholders
- Consequently, with the participation of the stakeholders Slave Lake Zinc was allowed to “stake/claim” the area for development and benefit of all parties involved
- This led to the “collaboration agreement”
FLYOVER
The image that is on this page shows the extent of the 900-line km that Slave Lake Zinc flew with modern geophysics.
The survey covers most of the known historic showings within our area of interest. Many of these quartz veins are several kilometers apart and have non-compliant historic zinc and lead assays as high as those sampled at the head frame area and the MWK#1 vein. Many of the showings also have significant precious metals content, not commonly assayed for in the early days. “If you couldn’t see it, why assay for it?”
This of course will be our first and most important immediate job to cover the area with a crew capable of re-discovering these showings and probably finding many more as the areas between historic showings appear to have never been physically covered.
(It should also be noted that Slave Lake Zinc has a current Water License and a permit for a 49-man camp and drilling.)
