Unleashing Canada’s Zinc Potential
Easy access and simple permitting in safe, pro-mining jurisdictions, low-cost exploration, and a highly qualified operating team.
Eastern Zinc is a Canadian junior mining and exploration company that owns a diversified portfolio of zinc exploration assets in some of the most promising zinc-hosted mineral deposits in Canada. Eastern Zinc is engaged in the business of acquiring, exploring, and developing assets near large, low cost, long-life zinc projects or adjacent to existing mining operations controlled by well-established mining companies.
Eastern Zinc is built on a strong foundation of proven management and technical teams and has the mining claims and rights to some of the most promising zinc mining exploration projects in Canada. Our team brings over 50 years of experience in the mining sector and has a proven strategy that will grow shareholder value. Eastern Zinc provides investors with considerable exposure to increasing zinc metal prices through our diversified portfolio of 12 exploration projects.
The Company believes that the BC Zinc Assets may offer the potential for regional exploration cost synergies associated with Eastern Zinc’s Yukon assets. The company has 8 properties in BC and the Yukon and the proximity of the assets may lead to more efficient and lower cost exploration.
The Company’s New Brunswick and Newfoundland zinc properties are located within large volcanogenic massive sulfide deposits (VMS). These types of mineral deposits occur in tight clusters, so there is a high probability that the project’s mineral claims hold widespread zinc mineralization since adjacent projects include operating mines with significant mineral resources and reserves and zinc production.
The Company’s Windsor Basin Project in Nova Scotia is located adjacent to a past-producing Mississippi Valley Type (MVT) lead-zinc mineral deposit that is fully permitted and could restart operations at anytime.
THE EZNC ADVANTAGE
- Well financed to explore and develop its zinc properties with an experienced management and technical team
- Providing shareholders with diversified exploration portfolio across Canada
- Poised to deliver new zinc discoveries within major base metal mining camps across Canada
Eastern Zinc is pursuing an exploration and development strategy whereby it will acquire controlling stakes in large, low-cost, long-life zinc projects near or adjacent to existing deposits or mining operations controlled by well-established mining companies. The main strategic priority of the organization is the exploration and development of existing assets to increase the existing resource base by geological surveys and exploration.
Eastern Zinc is a Canadian junior mining and exploration company that owns a diversified portfolio of exploration properties within some of the most promising zinc-hosted mineral deposits in Canada. Eastern Zinc is engaged in the business of acquiring, exploring, and developing zinc assets near or adjacent to existing mining operations controlled by well-established mining companies.
Zinc is one of the world’s most in demand commodities, behind only iron, aluminum and copper. The metal has a variety of uses including steel production, cosmetics, aerospace, and medicine.
London metal exchange (LME) warehouse levels of zinc in kt.
The global zinc market has had a supply deficit that experts anticipate to continue in 2019 and beyond as the metal is consumed faster than it is mined. Reflective of ongoing demand, inventory levels at the London Metals Exchange, a key metals market, have reached near-critical stockpile levels approaching five year lows in storage.
Zinc Worldwide Shortage
There is an anticipated 5 million ton per year demand for new zinc production needed to meet market demand by 2027. Even with the pipeline of uncommitted projects there is a significant gap that needs to be met by developing new exploration projects.
Beyond the industrial demand for zinc, new research has demonstrated that zinc-based batteries may have a significant role to play in the energy storage market and deliver competitive technical and safety advantages over current lithium-ion based storage methods.
The increasing uptake of zinc in new technologies will continue driving the zinc market well in to the next decade.
Zinc Production in Canada
Canada is one of the top 10 producers of this metal and produced 344,294 tonnes of zinc in 2017 from mines located in Manitoba, Ontario, Quebec and New Brunswick.
|Canadian mine production of zinc, by province and territory, 2017 (p)|
|Ranking||Province||Thousand tonnes||Percentage of total|
Canadian Zinc Production has fallen in the last decade but is recovering. In comparison, China the world’s largest zinc producers has cut production, with several operating mines depleted and affected by low grades opening up the way for a Canadian resurgence.
The current market environment makes Eastern Zinc one of the leading Zinc exploration opportunities in Canada.
Paul Ténière, M.Sc., P.Geo.
President & Chief Executive Officer
Mr. Ténière is a professional geologist with 20 years of diverse experience in the mining and oil & gas sectors in Canada, United States, and internationally taking projects from exploration to mine development. Paul has held senior roles with small cap to large mining companies developing precious metal, base metal, and metallurgical coal deposits, and has significant capital markets, regulatory, and corporate finance experience. He was Chief Geologist for Sherritt International Corp. and an Exploration Manager for Vale S.A. and Solid Energy New Zealand successfully developing coal mining projects in Australia and New Zealand. Paul has also worked on numerous carbonate-hosted Mississippi Valley Type (MVT) and SEDEX lead-zinc deposits, and porphyry-style copper-lead-zinc and gold-silver deposits in Canada, United States, and Europe.
Board Chair & Chief Financial Officer
Mr. Dumaresq brings 30 years experience in the financial sector holding financial and investment banking roles with RBC Dominion Securities and was a managing director of Vancouver based private equity and merchant banking firm Matric Partners Inc. for 12 years. Joel brings significant M&A experience and has managed a range of private & public enterprises worldwide including the resource sector.
Mr. Tejada is a professional geologist with over 30 years of international mineral industry experience and has a proven track record, working with both major and junior mining and exploration focused organizations. Fred serves as CEO of European Electric Metals was previously Vice President for Exploration of Panoro Minerals Ltd. where he directed the resource definition drilling of its two major copper projects in Peru. He had also been previously involved in the exploration of the Trend and the Belcourt Saxon coal projects in Northeast British Columbia.
Mr. Stine holds a B.S. in Metallurgical Engineering from the Colorado School of Mines and is is a veteran of seven mine permittings, two public consultations, six bankable feasibility studies, six mine constructions and startups and numerous project financings. He was involved with the development of the following mines: Bismark (Mexico), Cuajone (Peru), Rio Chiquito (Costa Rica), Twin Buttes (Arizona), Burma (Myanmar), Slovakia, Canada and United States.
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