Saturday, July 5, 2025

Latest

NorZinc Reports $1.7 Million Loss For Q1

NorZinc Ltd. (TSX: NZC) announced yesterday evening its Q1 2021 financial results. The results included a posting of $1.7 million in net loss for the quarter.

The loss for the three months ended March 31, 2021 is a 43% decrease from the $3.0 million net loss of the comparable period last year. The company ended the quarter with $2.7 million in cash and cash equivalents, a decline compared to the previous quarter’s $5.3 million.

NorZinc relayed that its development focus for the next 12 months will center on obtaining significant financing, continuing silver-focused exploration, constructing the first phase of its all season road project, and finalizing agreements with respective indigenous communities. Potential funding sources include a silver streaming agreement for the Prairie Creek mine

NorZinc Ltd. last traded at $0.075 on the TSX.


Information for this briefing was found via Sedar and NorZinc Ltd. The author has no securities or affiliations related to these organizations. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Torex Gold Acquires Reyna Silver For CASH!

Dundee Acquires Adriatic Metals: The Balkan Growth Strategy

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Silvercorp Metals: Canaccord Genuity Initiates Coverage With C$12 Price Target

This morning, Canaccord Genuity’s analyst Dalton Baretto initiated coverage on Silvercorp Metals (TSX: SVM) (NYSE:...

Monday, September 14, 2020, 11:58:00 AM

Endeavour Silver Intersects 1,611 G/T Silver Equivalent Over 1.0 Metre At Bolañitos Mine

Endeavour Silver Corp. (TSX: EDR) announced today the latest drill results from the Bolañitos Mine...

Thursday, May 20, 2021, 09:26:00 AM

London Metal Exchange To Cease Trading In Gold, Silver

The London Metal Exchange is exiting the precious metals business. The exchange today indicated that...

Friday, April 22, 2022, 02:30:00 PM

Southern Silver Acquires 100% Ownership In Cerro Las Mintas Silver Project

Southern Silver Exploration (TSXV: SSV) has closed on the purchase of a 60% indirect interest...

Wednesday, September 16, 2020, 10:01:17 AM

Bank Of America Lowers Gold Price Target To $2000? – The Daily Dive feat John-Mark Staude

Returning to the Daily Dive today is that of John-Mark Staude of Riverside Resources (TSXV:...

Wednesday, December 16, 2020, 01:00:00 PM