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New Brunswick/Bathurst Zinc Mining Camp

Osisko Metals to acquire Pine Point zinc mine in NWT – by Trish Saywell (Northern Miner – January 8, 2018)

Northern Miner

Osisko Metals (TSXV: OM) is expanding its zinc footprint to northern Canada in a $35 million deal to acquire Pine Point Mining (TSXV: ZINC) and its Pine Point project near Hay River in the Northwest Territories.

Pine Point – once Canada’s most profitable zinc-lead mine – produced nearly 64 million tonnes of ore from 52 deposits between 1964 and 1987. Another 46 deposits on the property were identified but never put into production.

The acquisition, combined with Osisko Metal’s 50,000-hectares of zinc properties in New Brunswick’s Bathurst Mining Camp, gives the junior exploration and development company control over two world-class past-producing base metal camps.

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Osisko Metals consolidates Bathurst Mining Camp – by Trish Sayell (Northern Miner – November 30, 2017)

In the last year, newly minted Osisko Metals (TSXV: OM; US-OTC: BWMXF) has picked up over 50,000 hectares in New Brunswick’s Bathurst mining camp, the third largest volcanogenic massive sulphide (VMS) camp in the world.

“We’ve been scouring the base metal space looking for new opportunity,” Jeff Hussey, the junior’s president and CEO, told analysts and investors during a presentation at Red Cloud’s recent annual fall conference. “We’re trying to get a cluster of deposits within a 25-30 km trucking distance that would feed a central concentrator.”

The company’s focus is on zinc, a base metal whose price has doubled to about US$1.43 per lb. over the last twelve months, and one which Hussey knows well after spending 20 years at Noranda, including a stint working at the Brunswick No. 12 mine in the Bathurst camp.

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Xstrata Zinc Brunswick Mine, Bathurst,New Brunswick-“End of an Era” documentary by Glen Ferguson (April 2013)

https://www.fergusonaudioproductions.com “End of an Era” Brunswick Mine. Shot and edited by Glen Ferguson. A historical look at Northern New Brunswick’s, Brunswick Mine. Once the world largest zinc mine, this long time economic staple our the region has recently closed. Over 50 years of unique history that changed the provinces Northern communities for ever and Over …

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