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NORZINC LTD.

US:CZICFTSX:NZC
No current share price held for this company.

Past year: ▼ 40%(2.50c – 5.00c CAD)

Market cap
—
Shares on issue
—
Story beats
33 since 2007
Last event
26 Feb 2020

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

15 June 2009well test result▲ Good

Phase 5 metallurgical testing on a 530 kg bulk sample taken from underground, run at SGS Lakefield with real mine water through the flow sheet filed in the May 2008 project description, returned positive locked-cycle results. It is a processing test, not a well test, and it supports the permit applications then in environmental assessment before the Mackenzie Valley review board.

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20 July 2007drilling result▲ GoodMajor

The sixth section of underground drilling off the decline, Section 50800N: all seven holes hit vein mineralisation, best PCU-07-037 with 2.11 m at 26.78% zinc, 16.97% lead, 287 g/t silver and 0.795% copper, and PCU-07-035 4.60 m at 16.61% zinc, 7.85% lead and 176 g/t silver. Six sections have now been drilled through the 2006/07 winter, and the pattern is consistently high grade over narrow widths.

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20 Apr 2007annual report▲ Good

Full-year 2006 results rather than drill assays: a net loss of $1,486,416, $29 million of cash and short-term investments at year end after raising $24.5 million during the year, and a $9 million budget approved for Prairie Creek in 2007. The company spent $7.9 million on the property in 2006, its largest programme since the mine was built.

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13 Mar 2007drilling result▲ GoodMajor

The earliest cached event, and the record starts mid-programme rather than at a beginning: underground drilling from the newly driven decline at Prairie Creek returned the first six holes of Section 50650N, including PCU-06-003 with 6.40 m at 12.42% zinc, 15.55% lead, 396 g/t silver and 1.185% copper, and PCU-06-001 with 4.59 m at 23.87% zinc, 9.11% lead and 170 g/t silver. One hole, PCU-06-004, found no significant mineralisation.

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