Board Change • Apr 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CFO & Director Heath Ellingham was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 08
Slave Lake Zinc Corp. Confirms High-Grade District Potential At O'connor Lake; Assays Return Up to 7.75% Lead and 6.62% Zinc Slave Lake Zinc Corp. announced encouraging geochemical results from its late 2025 geologic review at the O'Connor Lake exploration property in the South Slave area, Northwest Territories. The program has successfully validated the Company's regional exploration model, identifying high-grade mineralization in multiple new structures several kilometres distant from the historic Shaft Zone. Highlights of the 2025 Program: High-Grade Mineralization Confirmed: Assays from recently identified vein systems returned grades of up to 7.75% Lead (Pb) and 6.62% Zinc (Zn). W widespread Mineralization: Results validate the presence of a district-scale hydrothermal system with multiple mineralized structures identified outside the known Shaft Zone deposit. Significant Byproduct Potential: Sampling revealed widespread copper values ranging from 0.17% to 0.92% Cu, along with elevated silver values (up to 19.5 g/t Ag), suggesting multi-element potential including precious metals. Geological Validation: Fieldwork confirms that the new vein systems share a similar orientation and appearance to the historic Shaft Zone, supporting the hypothesis of a large, deep-seated hydrothermal origin. Strategic Advancement: The program was successfully supported by the Northwest Territories Government's Mineral Incentive Program (MIP). Program Overview and Geological Context. During late September and early October 2025, Slave Lake Zinc contracted Aurora Geosciences Ltd. of Yellowknife to conduct a short 10-day geological reconnaissance program of the O'Connor Lake property. Operating from a float aircraft-supported tent camp, the field crew concentrated on evaluating historic showings along structural corridors located several kilometres from the historic "Shaft Zone." The results from this program help transform the Company's regional strategy into reality. The similarities in orientation and mineralogical character between these new discoveries and the original Shaft Zone vein strongly validate the hypothesis that the O'Connor Lake property hosts a regional-scale mineralizing system. The multi-element nature of the assays-highlighted by high-grade lead and zinc paired with significant copper and silver mineralization-points to a complex and fertile hydrothermal system capable of hosting substantial tonnage. Next steps. The Company is currently analyzing the findings of this successful program to define the next steps for the 2026 exploration program. This analysis involves integrating new geochemical data to optimize the locations of upcoming geological sampling, structural analysis and geophysical surveys and to delineate diamond drilling targets. Recent Insider Transactions • Aug 13
President & Director recently sold CA$67k worth of stock On the 6th of August, Jaskarn Rai sold around 2m shares on-market at roughly CA$0.04 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jaskarn's only on-market trade for the last 12 months. New Risk • Jan 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$64k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$64k free cash flow). Shares are highly illiquid. Earnings have declined by 5.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$841.9k market cap, or US$583.5k). Board Change • Jan 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. CFO & Director Heath Ellingham was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 21
Slave Lake Zinc Corp. announced that it expects to receive CAD 0.5 million in funding Slave Lake Zinc Corp announced a private placement financing of Flow-through units at issue price CAD 0.06 per share for gross proceeds CAD 350,000 on August 20, 2024. Each unit consists of One share and full warrant. Each warrant CAD 0.08 exercise price, expiring 2 years after closing. Announcement • Feb 17
Slave Lake Zinc Corp., Annual General Meeting, Apr 19, 2024 Slave Lake Zinc Corp., Annual General Meeting, Apr 19, 2024. New Risk • Jan 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$742k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$742k free cash flow). Shares are highly illiquid. Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.68m market cap, or US$1.25m). Minor Risk Shareholders have been diluted in the past year (9.0% increase in shares outstanding). Board Change • Jan 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Steve Zadka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Steve Zadka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Steve Zadka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jul 27
Slave Lake Zinc Corp. Initiates Summer Lithium Exploration Program to Expand Critical Metals Project Slave Lake Zinc Corp. announced the commencement of its anticipated summer Lithium exploration program, as previously announced on July 17, 2022. This program marks a significant step towards enhancing the Company's "critical metals" project. The summer exploration program will begin with a focus on conducting reconnaissance prospecting and sampling within a 15 square kilometer area located west of the original headframe, where many pegmatite showings are mapped. The initial fieldwork will target a pegmatite dyke swarm within this region, where northwest trending pegmatites are found to intrude all other rock units. The Company's property is part of the regional-scale Yellowknife Lithium initiative, with the east arm of Great Slave Lake providing the only separation of SLZ from known lithium bearing pegmatites in this extensive lithium corridor. Slave Lake Zinc has engaged Aurora Geosciences of Yellowknife as their experienced geological consultants. CEO Ritch Wigham will accompany Aurora Geosciences during this phase of exploration. Aurora Geosciences, with over 30 years of experience in the North, is the sole exploration team based in the region, offering a comprehensive suite of exploration services required for discovery. Their involvement in this project enhances the potential for success. In preparation for the exploration program, Slave Lake Zinc has compiled and diligently studied historic (pre-1954) assessment reports, drill logs, government publications and university theses. The Company's reviews have identified numerous occurrences of pegmatites mapped and noted with no further exploration, which will be sampled as a matter of priority during this exploration program. The SLZ property lies on the projected southward extension of the Yellowknife Lithium corridor, which has been explored primarily on the North shore of Great Slave Lake. Desriptions of numerous pegmatites in the O'Connor Lake area have indicated showings of very coarse-grained material with large crystals of tourmaline, muscovite, and plagioclase. The net proceeds from the private placement will be used for general working capital. Three insiders of the Company purchased a total of 800,000 units for proceeds to the Company of $40,000, which comprises 40.0% of the total amount raised. The participation by such insiders is considered a "related-party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related party participation in the placement as neither the fair market value (as determined under MI 61-101) of the subject matter of the subject matter of, nor the fair market value of the consideration for, the transaction, whereby as it involved the related party, exceeded 25% of the Company's market capitalization (as determined underMI 61-101). The Company's board of directors and specifically the independent members of the board, as applicable, reviewed and approved the private placement subscriptions by the insiders. The Company did not file a material change report more than 21 days before the expected closing of the private placement as the date of closing was not previously known. Announcement • Jul 26
Slave Lake Zinc Corp. announced that it has received CAD 0.1 million in funding Slave Lake Zinc Corp. announced a non-brokered private placement to issue 2,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 100,000 on July 25, 2023. Each unit is comprised of one common share and one share purchase warrant, where each warrant entitles the holder to purchase one additional common share at a price of CAD 0.12 per share for two years. The securities issued pursuant to the private placement and any shares to be issued on the exercise of warrants are restricted from trading until November 26, 2023. The transaction included participation from three insiders who purchased a total of 800,000 units at an issue price of CAD 0.05 per unit for proceeds to the Company of CAD 40,000, which comprises 40.0% of the total amount raised. Board Change • Jun 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Steve Zadka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 16
Slave Lake Zinc Identifies Significant Lithium Potential At O'connor Lake Project Slave Lake Zinc Corp. has recognized that coarse-grained pegmatites occur on their O'Connor Lake property which is currently host to critical metals of zinc +/- copper. The pegmatites occur primarily as dykes but also occur as masses in complex multiple-phased intrusive granitic environments. Although no exploration has occurred on these pegmatites, there is potential to host spodumene mineralization, recognized to be the critical mineral for lithium potential. The Company knew of the pegmatite occurrences from the Prusti work (Ph.D. Thesis, 1954) and maintained confidentiality on the lithium potential until the land position was staked. Slave Lake Zinc continues to add recent geophysical and geological data to its historical database as they work to generate exploration targets. The design of a detailed exploration program is currently underway to evaluate the potential of the pegmatites for their lithium content as well as the well-documented coarse, base-metal (Zn-Pb+/- Cu) vein systems, considered to be of magmatic-hydrothermal origin. The structures/lineaments associated with the base-metal veins are well documented locally and are projected to continue to the north and northwest of the MWK # 1 Vein. The exploration program will include ground geophysics, geological mapping and sampling, and drilling to test selected targets. Although no lithium pegmatites have been identified within the Taltson Magmatic Zone, the pegmatites identified by Prusti and government geologists suggest the host rocks in the O'Connor Lake area are similar to the granitic intrusive complex in the Hearne Channel-Beaulieu River area on the north side of Great Slave Lake. The lithium pegmatites on the north side of Great Slave Lake are currently being aggressively evaluated by Li-FT and others. Board Change • Feb 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Steven Zadka was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 24
Slave Lake Zinc Corp. announced that it has received CAD 0.397 million in funding On November 22, 2022, Slave Lake Zinc Corp. closed the transaction. The company amended the terms of the transaction. The company now issued a total of 3,970,000 units at CAD 0.10 per unit for gross proceeds of CAD 397,000. The company paid a finder's fee of CAD 6,900 related to the transaction. Announcement • Nov 23
Slave Lake Zinc Corp. Actively Explores the O'connor Lake Zinc Lead Prospect Slave Lake Zinc Corp. is actively exploring the O'Connor Lake zinc lead prospect. The Company's claims are located in the South Slave district of Canada's Northwest Territories in a mining friendly region with good infrastructure and supply access. The property is located some 185 kilometers southeast of Yellowknife and 60 kilometers from an all-weather highway at Fort Resolution. Vein structures discovered prior to 1952 were developed using drilling, bulk sampling, and underground methods. The prospect then lay idle from 1952 until its acquisition in 2016 by Slave Lake Zinc with no modern exploration in the intervening years. Slave Lake Zinc was originally formed to seek minerals deemed essential to the new environmentaland technological age. The Federal Government of Canada has designated zinc to be one of the metals critical to Canada's economic security. Zinc is also essential for Canada's transition to a low- carbon economy. The O'Connor Lake area was acquired by SLZ because there was historicdevelopment of high-grade zinc lead deposits prior to 1952 and no modern exploration since that time. The Company is relieved and excited to finally release results of a 900-line kilometer magnetic airborne geophysical survey flown by Precision GeoSurveys of Langley BC during the covid 19shutdowns of 2021. The detailed survey, flown at a line spacing of 50 meters, was essential for the Company to confirm the theory of a hydrothermal structural corridor; and to further develop relationship with the Northwest Territory Metis Nation through the Collaboration Agreementnegotiated for the benefit of all parties and peoples in the under explored South Slave Region. The airborne survey results correlate well with ground geophysical survey anomalies delineated in 2019 in the area of the Head Frame and provide confidence that the balance of the corridor surveyed hasthe potential to host similar mineralized structures. SLZ is continuing to compile and combine the Company's new exploration data with the historicexploration results to provide a comprehensive database. The Company is using its detailed interpretation to develop a plan for a progressive and systematic exploration program across the property for the first time. This major program will include detailed prospecting and geologicalmapping, ground geophysical surveying to map structures, trench sampling of mineral occurrences and diamond drilling to evaluate newly identified mineralized structures. Announcement • Nov 08
Slave Lake Zinc Corp. announced that it expects to receive CAD 1 million in funding Slave Lake Zinc Corp. announced a private placement of units for gross proceeds of up to CAD 1,000,000 on November 7, 2022. Each unit will consist of one common share and one common share purchase warrant, exercisable at CAD 0.15 per share for two 2 years from the closing date of the offering of the units. Announcement • Nov 01
Slave Lake Zinc Corp. Announces That It Is Actively Exploring the O'connor Lake Zinc - Lead Project Located in the South Slave Region of the Nwt Slave Lake Zinc Corp. announced that it is actively exploring the O'Connor Lake zinc - lead project located in the South Slave region of the NWT. The Company has progressively advanced its project using a systematic exploration process. Slave Lake Zinc has now compiled results from the recent prospecting undertaken at the O'Connor Lake zinc - lead project. As a result of this new information and interpretation of the project geology, regional setting and structure, the Company is planning a major follow up prospecting and development program for 2023. This season's program was reduced in scale due to a lack of qualified field personnel and a late start. However, the cost-effective exploration during 2022 successfully achieved two main objectives. Trace element geochemistry from the regional scale sampling of quartz vein systems over a distance of approximately eight kilometers confirmed that the wide-spread mineralization is orogenic in nature originating from a deep seated magmatic hydrothermal source. The discovery of a new zinc - lead mineralized zone, approximately 5 kilometers north of the Shaft Zone (News Release October 12, 2022), demonstrates that there appears to be a "structural corridor" trending N-NW hosting mineralization similar to the known deposit; and validates the regional scale deep seated hydrothermal magmatic source model proposed by Dr. B. Prusti (1954). Slave Lake Zinc was originally formed to search for metals deemed essential to the new environmental and technological age. The Federal Government of Canada has designated zinc to be one of the metals critical to Canada's economic security. Zinc is also essential for Canada's transition to a low - carbon economy. The O'Connor Lake project area originally attracted SLZ due to the extensive historic development work of high-grade zinc - lead mineralization prior to 1952 and primarily because no modern exploration has occurred since this time. Vein structures were delineated prior to 1952 with drilling, trench sampling, and underground methods. It is important to note that the South Slave region is underlain by the regional scale Talston Magmatic Zone ("TMZ"). Similar magmatic zones occur worldwide and contain, and produce, significant quantities of a variety of different, essential minerals, including zinc. As a result, Slave Lake Zinc has targeted the O'Connor deposit and the TMZ region as an attractive and underexplored geological environment. Preliminary work by the Company included geophysical grid surveying and sampling of mineralization in the area of the historic work (The "Shaft Zone") and compilation of the historic data. Based on information generated by SLZ, the Company projected a northwest trending "structural corridor" to be controlling the location of mineralization. Additionally, a PhD thesis by Dr. B Prusti (1954) concluded that the mineralization was generated from a deep- seated hydrothermal source. This geological model is consistent with deposition in a structurally deformed regional magmatic zone. The 2022 sampling has allowed SLZ to verify that Shaft Zone type mineralization occurs some 5 kilometers to the N-NW providing significant potential for finding additional economic mineralization along this structural trend. A 900-line km airborne geophysical survey has already been flown over the bulk of the corridor will be released in an upcoming news release. Slave Lake Zinc has recently completed acquisition of a major land position by staking new mineral claims surrounding the Company's original mineral lease established in 2018.Acquisition of these claims was enabled for Slave Lake Zinc following extensive negotiations in the community of Fort Resolution with the Northwest Territory Metis Nation (NWTMN) council, leading to a formal Collaboration Agreement between the Company and NWTMN. After a complex process lasting over 2 years, the subject lands were made available to SLZ for staking through the lifting of the Interim Land Withdrawal (land dispositions selected for the purposes of settling land claims through federal negotiations) by a Territorial Government Order -in- Council. The interim land withdrawal covers a significant portion of the South Slave Region. The Company selected the new land for staking based on discussions with the NWTMN and on analysis of the information created and compiled by SLZ. Slave Lake Zinc now holds the largest mineral claim assemblage in the South Slave Taltson Magmatic Zone. Announcement • Oct 13
Slave Lake Zinc Announces New Mineralization 5km from Headframe Slave Lake Zinc Corp. is looking to advance the exploration opportunities at its O'Connor Lake zinc - lead - precious metals project. The Company's claims are located in the Northwest Territories South Slave region some 185 kilometers southeast of Yellowknife and 60 kilometers from an all- weather highway at Fort Resolution. This region has not been comprehensively explored within the last 50 years and certainly not with any modern techniques. The original work here, was prevalent in the late 1940's and 1950's with small production from a short vertical shaft and small drift. The property has essentially lain dormant since this time until Slave Lake Zinc acquired the original lease in 2016. The O'Connor Lake district is in a mining-friendly region of the NWT with reasonable infrastructure. Slave Lake Zinc undertook a short prospecting campaign during the summer of 2022 to provide a preliminary evaluation of their newly staked claims acquired through a collaboration agreement with the Northwest Territory Metis Nation. The new claims cover a structural corridor trending at minimum 15 kilometers northwest to southeast centered over the Company's original lease where pre 1952 mine development was undertaken. Mineralization within the corridor is contained in N to NW trending structures and offset splay fractures. The Company has noted there are at least 25 historic showings which require documentation, sampling, and geologic examination. In 1952, American Yellowknife Mines indicated there was a geological resource of 67,950 tons grading 7.64% Zn, 3.12% Pb, 0.13% Cu and 0.29 opt Ag (the Shaft Zone). The short reconnaissance program completed this summer was to validate that the structure hosting the mineralization in the MWK 1 Vein could be traced to the N-NW. Sample assay data has been received from a mineralized structure lying approximately 5 kilometers north of the Shaft Zone. This new zone may represent a splay fault break from the main trend and was traced over a length of 50 meters before trending under vegetative cover, and is open to extension. Trace element geochemistry indicates an orogenic gold dispersion model. The O'Connor Lake property has a complex structural geology coincident with a large crustal break associated with the Taltson Magmatic Zone. The limited prospecting program located an old trench that lies some 5 km NW of the O'Connor Lake shaft where the samples identified below were retrieved. It should be noted that company have not confirmed how this quartz vein is associated with the main structure that hosts the mineralization at MKW 1 vein (O'Connor Lake shaft). Announcement • Sep 14
Slave Lake Zinc Corp. Updates Field Work At O'connor Lake Slave Lake Zinc Corp. The 2022 field program at the O'Connor Lake property held by Slave Lake Zinc is continuing as planned. Slave Lake Zinc's zinc-lead-copper-gold-silver project lies south of Great Slave Lake in an under-explored region of Canada's Northwest Territories. The area was actively prospected prior to 1952 with most work then concentrated at the "Shaft Zone" with diamond drilling and underground development. No further mining work was done between 1952 and 2017, when SLZ became involved. The first modern exploration at O'Connor Lake were geophysical surveys conducted by Slave Lake Zinc. The Company's current field work is designed to examine and sample in excess of 25 regional- scale mineral showings noted before 1952; and to ground truth a series of geophysical anomalies indicated by a 900 line kilometer airborne geophysical survey flown by SLZ over the main structural corridor. This work applies geophysical technology and modern geological understanding to the area for the first time. The Company is proceeding to send samples for analysis from the field in batches for the various stages of work, starting with confirmation samples from the various old showings. As the new airborne anomalies are visited those samples will follow. The project is supported by float equipped aircraft based from Yellowknife, the Capital of the NWT. Results will be announced on a timely basis. Recent Insider Transactions Derivative • Aug 31
President & Director exercised options to buy CA$51k worth of stock. On the 24th of August, Jaskarn Rai exercised options to buy 600k shares at a strike price of around CA$0.10, costing a total of CA$60k. This transaction amounted to 15% of their direct individual holding at the time of the trade. Since March 2022, Jaskarn's direct individual holding has increased from 4.60m shares to 4.64m. Company insiders have collectively bought CA$151k more than they sold, via options and on-market transactions, in the last 12 months. Announcement • Aug 26
Slave Lake Zinc Extends the Current Field Work Underway at the Company's O'connor Lake Project Slave Lake Zinc has extended the current field work underway at the Company's O'Connor Lake project. The prospecting program is now scheduled to continue until mid September. The Company's recently expanded property is located in an under-explored region of southern Northwest Territories. The current field work has been designed to ground truth geophysical anomalies identified by a 900-line kilometer airborne survey carried out by Slave Lake Zinc in the spring 2021 and to re- examine exploration targets discovered prior to 1952. This SLZ work represents the first modern exploration technology to be applied in the area. Positive results being generated from the initial stages of the current program have led to the decision to continue the field activity. Announcement • Aug 03
Slave Lake Zinc Corp. Commences Field Program At O'connor Lake Slave Lake Zinc Corp. has started field work at the Company's O'Connor Lake, NWT, Zinc-Lead- Silver-Copper- Gold project. The prospecting work planned for this phase is designed to examine historic showings discovered and explored prior to 1952. At least 25 known targets on the Company's newly expanded property (as announced recently) will be tested for the first time using modern sampling and assaying technology. Samples will be processed as field work progresses, with several batches of samples being submitted for in depth analysis not available prior to modern methods. These new results will allow Slave Lake Zinc to qualify the mineralization with acceptable modern standards and to generate a genetic model for the mineralizing systems. This new more expansive information will allow the Company to design programs for follow up exploration and development work. Announcement • Jun 17
Slave Lake Zinc Corp. Expands Exploration Project Slave Lake Zinc Corp.: The three-year gamble to control the mineral Corridor that is O'Connor Lake and surrounding area has come to fruition. Risking that the model may be wrong and before Slave Lake had any surety that the specifically targeted land area in the South Slave, which has been under a land withdrawal for nearly a generation and possibly not to be available to any one until land claims were settled, Slave Lake gambled on two fronts. The company flew 900 line km's of airborne geophysics and negotiated a Collaboration Agreement with the Northwest Territory Métis Nation. This collaboration agreement allowed for the lifting of the interim land withdrawal totaling approximately 18,841 acres of the corridor through an Order in Council with the Government of the Northwest Territories. Slave Lake Zinc has strategically expanded its land position by staking 76.25 sq. km. contained in ten mineral claim blocks surrounding the Company's original O'Connor Lake lease. The Company has previously reported substantial surface, and sub-surface, mineralization contained in structural zones traced from border to border of the lease. The original lease area contains historic (non-43-101 compliant) high grade quantities of the Critical Metal Zinc, plus significant grades of lead, copper, and precious metals. Slave Lake Zinc has dramatically expanded its land holdings in the under explored South Slave Region of the Northwest Territories. The updated land package comprises the existing O'Connor Lake historic mine site as well as the many geologically similar mineral occurrences (zinc, lead, copper, and precious metals) the company has compiled through their diligent research of publicly available data. Slave Lake Zinc is a mineral exploration company focused on the development of critical and precious minerals at its O'Connor Lake property located in South Slave Region of Canada's Northwest Territories. The company acquired the new claims through staking and has a 100% interest in the property subject to a 1.5% NSR. Field work and crews were provided locally by Maskwa Engineering of Hay River. Slave Lake Zinc was able to obtain the mineral rights through a "Collaboration Agreement" with the Northwest Territory Métis Nation, and assistance from the NWT Territorial Government and the stakeholders in the local communities. The area staked was withdrawn from the regional land withdrawal area, "The Land Withdrawal", by an Order in Council of the Cabinet of the Government of the Northwest Territories to promote economic activity in the region pending resolution of the ongoing Aboriginal Land Claims process. Slave Lake Zinc thanks all involved as this has helped cement a very important strategic relationship for all the stakeholders in the South Slave region. The property encompasses the northern portion and eastern side of O'Connor Lake. The property lies approximately 60 km from the soon-to-be-expanded Taltson hydro electric generating facility to the south and approximately 60 km by winter ice road from the all-weather road that connects Fort Resolution with the railhead at Hay River. Cheeta Resources has announced they will be using this rail system to transport concentrate to market from their newly commissioned Rare Earth Element (REE) mine on the north shore of Great Slave Lake, directly to the north of Slave Lake Zinc's O'Connor Lake Project. The past producing Pine Point Mine is currently being operated by Osisko Metals Inc. who is aggressively acting to rehabilitate the mine which is situated on the highway joining Hay River and Fort Resolution. Announcement • Feb 19
Slave Lake Zinc Corp., Annual General Meeting, Apr 19, 2022 Slave Lake Zinc Corp., Annual General Meeting, Apr 19, 2022. Board Change • Jan 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Max Braden was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 30
Slave Lake Zinc Announces Completes Analysis of Aeromagnetic Data for the O'Connor Lake Property Main Shaft Zone Area Slave Lake Zinc has completed detailed analysis of aeromagnetic data for the O'Connor Lake Property main Shaft Zone area. The Company has now identified multiple sub parallel structures in the North West trending corridor hosting the previously developed Shaft Zone mineralization. Aurora Geosciences of Yellowknife, on behalf of Slave Lake, has completed a detailed analysis of the high resolution heli-magnetic survey flown at 50 meter line spacing over the O'Connor Lake Property by the Company earlier this spring. The geophysical analysis shows that the O'Connor historic shaft and the main zone mineralization are located on a prominent North West striking 3-D feature. In addition to the Shaft zone, similar additional prominent magnetic linear features are mapped which indicate the presence of other structures nearby. These additional sub-parallel structures lie in the same general structural trend as the known mineralization and demonstrate extent to depth. Previously the Company has undertaken prospecting, mapping and grid-controlled geophysical surveys which have now established an initial mineralized structure exceeding 1,100 meters in length extending 700 meters south from the headframe area developed earlier. This continuous zone has been traced by coincident Magnetic and EM anomalies along a structure interpreted from air photo analysis. Samples taken by the Company from trenches 500-600 meters along the trend from the shaft zone returned assays of 20% plus combined zinc plus lead. These results are consistent with earlier Shaft Zone results. The mineralized corridor remains open along strike and to depth. Announcement • May 29
Slave Lake Zinc Corp. Commences Its 2021 Exploration Season in April Slave Lake Zinc commenced its 2021 exploration season in April at the Company's O'Connor Lake property completing a gradient magnetic and
VLF electromagnetic survey. The survey totalled over 880 line kilometers with the survey area centered over a historic exploration shaft developed in 1952. This helicopter based survey is the first exploration work of its kind conducted in this region. Application of this modern, state- of-the-art technology should help guide Slave Lake Zinc to identify additional headframe-type mineralization analogs should they exist within the project area. Slave Lake Zinc has now received final data from the contractor. An initial examination indicates the survey has detected multiple northwest trending structures. These structures intersect favorable host rock lithologies and have created extensional fractures which may host the main zone mineralization which has been reported upon by the Company earlier. Detailed analysis and compilation of the results has been undertaken by Aurora Geosciences of Yellowknife on behalf of the Company. This study is designed to define additional structures on the property that are similar to those hosting known mineralization. With the exciting results from the data processed to date, only approximately one third of the survey area has been
analyzed, the Company is confident of developing additional exploration targets. Announcement • Mar 24
Slave Lake Zinc Corp. announced that it has received CAD 0.36 million in funding Slave Lake Zinc Corp. (CNSX:SLZ) announced a private placement of 4,000,000 units at a price of CAD 0.09 per unit for gross proceeds of CAD 360,000 on March 22, 2021. Each unit is comprised of one common share and one share purchase warrant with each warrant entitling the holder to purchase one additional share at a price of CAD 0.18 per share for two years from closing. All securities issued pursuant to the private placement and any shares to be issued on the exercise of the warrants are subject to a four-month hold period from the date of closing. The company is incurring finder’s fees totaling CAD 6,000.00 in connection with a portion of the private placement as allowed by regulatory authorities. Announcement • Feb 23
Slave Lake Zinc Corp. announced that it has received CAD 0.65 million in funding Slave Lake Zinc Corp. (CNSX:SLZ) announced a private placement of convertible debenture for a gross proceed of CAD 650,000 on February 22, 2021. The transaction included participation from an international investor. The debenture will mature 18 months from the date of closing of the financing and will bear interest at 5% per year. The principal amount of the debenture is convertible into common shares at a conversion price of CAD 0.08 per share. The company has also issued a total of 8,125,000 common share purchase warrants to the investor. Each warrant will entitle the holder to purchase one additional common share at a price of CAD 0.15 per share for a period of 48 months from the date of issuance. All securities issued are subject to a statutory four-month hold period. Announcement • Feb 17
Slave Lake Zinc Corp., Annual General Meeting, Apr 14, 2021 Slave Lake Zinc Corp., Annual General Meeting, Apr 14, 2021. 