Risk and valuation analysis of the PRAIRIE CREEK Project |
Status Risk : Advanced discovery |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the PRAIRIE CREEK Project |
| Canadian Zinc Corp Owner: 100% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
In 1991 Conwest Exploration Company Limited acquired the property and granted an option to Canadian Zinc Corporation (then known as San Andreas Resources Corporation) (the “Company”) to acquire a 60% interest in the property. In 1996 the Company successfully completed the negotiation of The Prairie Creek Development Co-operation Agreement with Nahanni Butte Dene Band. |
|
|
|
Location of the PRAIRIE CREEK Project |
The Prairie Creek mine (the "Project") is located in the south Mackenzie Mountains of the Northwest Territories, Canada, at 61° 33' north latitude and 124° 48' west longitude. The mine site is situated on Prairie Creek about 43 km upstream from its confluence with the South Nahanni River.
|
|
History of the PRAIRIE CREEK Project |
Mineralization was discovered at Prairie Creek in 1928 with limited work conducted on the property until 1966. Cadillac Explorations Ltd ("Cadillac") acquired the property in 1966 and, during 1966 to 1969, explored the mineralized zones now known as Zones 3, 7 and 8 through bulldozer trenching and exploratory cross-cuts
|
|
Geology of the PRAIRIE CREEK Project |
|
The Project is located in the southern portion of the Mackenzie Mountains which are underlain by Lower Paleozoic carbonates of the Mackenzie shelf.
Structurally the main orientation of faulting and folding is north-south. Faults and fold axial plane more...
|
|
|
|