Duyuru • 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. Duyuru • 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. Duyuru • Feb 17
Slave Lake Zinc Corp., Annual General Meeting, Apr 19, 2024 Slave Lake Zinc Corp., Annual General Meeting, Apr 19, 2024. Duyuru • 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. Duyuru • 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. Duyuru • 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.