Metallum Resources has released results of the Feasibility Study for its High-Grade Superior Zinc and Copper Polymetallic Project in Ontario. The Superior Project, a former producing mine including the Winston Lake and Pick Lake deposits, is located near the town of Schreiber, east of Thunder Bay, Ontario.For more information, please view the InvestmentPitch Media “video” which provides additional information on the …
Metallum Resources (TSXV: MZN) has released results of the Feasibility Study for its High-Grade Superior Zinc and Copper Polymetallic Project in Ontario. The Superior Project, a former producing mine including the Winston Lake and Pick Lake deposits, is located near the town of Schreiber, east of Thunder Bay, Ontario.
For more information, please view the InvestmentPitch Media “video” which provides additional information on the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Metallum” in the search box.
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https://www.youtube.com/watch?v=MQ21Vbo-UYE
The Feasibility Study is based on the Bankable Feasibility Study prepared to JORC standards in 2019, with updated pricing to 2021, which incorporated the mineral resource estimate from the January 2021 NI 43-101 Technical Report prepared by Massa GeoServices.
The results of the Feasibility Study confirm an 8.5-year mine life, with an average annual EBITDA of CDN$44.5 million and average profit after tax of CDN$9.7 million, based on a 100% project...
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