View from the George Lake Critical Metals Deposit in Northern Saskatchewan

George Lake Royalty

Region
Saskatchewan
Owner/Optionee
Eagle Plains Resources
Commodity
Zinc
Lead
Silver
Royalty Terms
2% NSR, Buy-back 1% for $1m
Area (ha)
3694
Project Status
Advanced Exploration

The 3694 ha George Lake Property hosts the George Lake Zinc Deposit, a Sedimentary Exhalative (“SEDEX”) deposit with a historical resource (non-43-101 compliant) of approximately 5 million tonnes grading 3.5% Zn and 0.5% Pb.

The property is located 280 km northeast of La Ronge, Saskatchewan between Wollaston and Reindeer lakes. The property is road accessible via a spur road from hwy 905.  This area qualifies for the mineral exploration incentive program.

Project Highlights

  • Host to the George Lake Zinc Deposit (SEDEX) containing a historical resource of 2.63 million tonnes grading 3.67% Zn and 0.53% Pb*
  • Deposit mineralization is open along strike and to depth
  • Excellent geology highly prospective for SEDEX and quartz vein mineralization
  • Contains multiple untested coincident geophysical anomalies that are proven targets for stratabound sulfide mineralization
  • Excellent Infrastructure - an all-season road spur from Hwy 905 bisects the property

*Eagle Royalties management considers these estimates to be historical in nature and cautions that a Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves in accordance with National Instrument 43-101.  These estimates do not comply with current definitions prescribed by National Instrument 43-101 or the Canadian Institute of Mining, and are disclosed only as indications of the presence of mineralization and are considered to be a guide for additional work.  The historical models and data sets used to prepare these historical estimates are not available to Eagle Plains, nor are any more recent resource estimates or drill information on the property.

For more inforamtion about this project, please visit this link - https://www.eagleplains.com/projects/george-lake

Updated August 29, 2024