VANCOUVER — Canadian Zinc (TSX: CZN; US-OTC: CZICF) has set the stage for a “mid-2020” production target at its past-producing Prairie Creek zinc-lead mine, which sits amid the Mackenzie Mountains, 500 km due west of Yellowknife, Northwest Territories.
On Sept. 28, the company released an updated feasibility study (FS) that it hopes will underpin project financing for the $280-million development.
The FS lays out a 15-year mine plan that leverages recent efforts to optimize Prairie Creek’s grade profile and throughput. Canadian Zinc has boosted mill rates by 25% compared to previous studies to 1,200 tonnes per day, which reportedly contributes to “significantly increased metal production and lower operating costs.”
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