Slave Lake Zinc Corp (CSE: SLZ) continues to work to identify priority drill targets at its flagship O’Connor Lake zinc-lead-copper-gold project in the Northwest Territories. The firm indicated yesterday that it has obtained a historic database on the property from exploration production in pre-1952.
The historic database is currently in the process of being re-interpreted using modern exploration techniques, with the data to then be merged with the exploration data collected by Slave Lake. The data is set to be used for the next stage of geologic mapping and sampling, prospecting, and geophysics to identify priority drill targets.
READ: Slave Lake Zinc Releases Results Of Airborne Surveys At O’Connor Lake Project
Separately, the firm also indicated that it has completed a detailed interpretation on a portion of the 900-line kilometer survey conducted on the Slave lake property. Multiple new geophysical anomalies are said to have been identified to the south-west and parallel to the headframe that exists on the property. These anomalies are said to be parallel to the main structural zone that was previously developed.
“With the new material that Slave Lake has uncovered, we are now able to tie together a great deal of what we were aware of, but were not able to use publicly until now. All our efforts are tying together to display the truly exceptional opportunity that is our company and the exploration potential that will soon become even more apparent as more historic info is compiled.”
WATCH: Zinc’s Long-Term Growth & Potential In North America — With Ritch Wigham of Slave Lake Zinc
Ground geophysics are now slated to be conducted on a target southwest of the main structural zone, which sits underwater “immediately off shore.” Ice cover on the lake will be used to map the anomaly. Ground geophysics are also slated to be conducted on other priority regions as identified by the airborne study.
Slave Lake Zinc last traded at $0.075 on the CSE.
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