Feasibility numbers in hand, Superior hunting finance for zinc development

ONE day after telling the market its bankable feasibility study was imminent, Superior Lake Resources has unveiled results of the assessment showing it’ll need the best part of US$100 million to develop a high-grade zinc project in Ontario generating average earnings of $34 million per annum for nine years.

Feasibility numbers in hand, Superior hunting finance for zinc development Feasibility numbers in hand, Superior hunting finance for zinc development Feasibility numbers in hand, Superior hunting finance for zinc development Feasibility numbers in hand, Superior hunting finance for zinc development Feasibility numbers in hand, Superior hunting finance for zinc development

Mining at Superior Lake in Ontario last century

The project could produce 38,000t per annum of contained zinc at a cash cost of 35c per pound and all-in sustaining cost of 46c/lb.

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