Darnley Bay is an exploration and development company with a focus on base metals and diamonds in the Northwest Territories, Canada.
Eastern Zinc Corp.(the ?Company?) is a Canadian junior mining and exploration company operating out of Vancouver, British Columbia. The Company is engaged in the business of acquiring, exploring and developing natural resource properties with a focus on zinc, copper and silver mineral properties/projects. The Company currently has one project: the Grouse Mountain Property in the Omineca Mining District, British Columbia of 7 mineral claims.
Pine Point Mining acquired a 100-per-cent interest in the Pine Point lead-zinc project in December, 2016. Since that time a positive preliminary economic assessment (PEA) on the project showing a robust mining operation which, over a 13-year mine life, would have an after-tax net present value of $210.5-million and internal rate of return of 34.5 per cent, with a payback of 1.8 years. The PEA was prepared by JDS Energy and Mining and is based on a mineral resource estimate for the Pine Point project published as a National Instrument 43-101 technical report with an effective date of April 18, 2017.