- Slave Lake Zinc (CSE:SLZ) is postponing ground exploration in the Northwest Territories because of increasing wildfire activity
- The Territorial government has expropriated all the rotary wing aircraft available to support the efforts to fight the expanding forest fire problem
- There are 128 active wildfires in the Northwest Territories and 153 so far this year that have burned 12,227 square kilometres
- Slave Lake Zinc Corp. opened trading at $0.040 per share
Slave Lake Zinc (CSE:SLZ) is postponing ground exploration in the Northwest Territories because of increasing wildfire activity.
With the expansion of the forest fire issues in the Northwest Territories, the Territorial government has expropriated all the rotary wing aircraft available to support the efforts to fight the expanding forest fire problem. Fixed wing aircraft also have significant issues in operating under the current conditions.
The Northwest Territories has 128 active wildfires and 153 so far this year have burned 12,227 square kilometres. Thirty-four of those fires have burned in the South Slave Lake area.
The team intends to resume these plans as soon as practicable.
The company has a unique project with an established zinc/lead target and unparalleled lithium potential in the same suite of host rocks. The company reported it is well-positioned to be a key supplier of critical metals for Canada’s green future.
Slave Lake Zinc Corp. is a Canadian mineral exploration company that engages in acquiring and exploring mineral properties. It holds an interest in the O’Connor Lake Property in the South Slave Mining District of the Northwest Territories.
The 76.25 square km O’Connor Lake zinc-lead property is approximately 185 kilometres southeast of Yellowknife and 150 km east of Hay River. The property includes the historic O’Connor Lake zinc, lead, copper and precious mineral deposits that were explored prior to 1952.
Slave Lake Zinc Corp. opened trading at $0.040 per share.
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