Laurion finds fifth new discovery in CRK zone at Ishkoday

The net present value is C$157 million and the internal rate of return is 31% (both before tax).

The incident could cost the miner between 20,000 and 30,000 tonnes in lost production.

John Robins is the executive chairman and a director at Fireweed Zinc, which is advancing its massive zinc-lead deposit in the Yukon.

The permit was issued following consultation with the Ministry of Forests, Lands and Natural Resource Operations and the Kitselas First Nation.

Rockridge optioned the property from Eagle Plains Resources and can earn a 100% interest.

It's turning out to be a torrid summer for the usually sedate lead market.

An anomalous gold value of 112 ppb Au was returned from a stream sediment sample.

The land and water board has another six weeks to finalize the permits.

Optimized rougher flotation tests recovered 95.3% to 97.7% of the zinc, compared to 80.4% to 91.5% in the first tests.