Slave Lake Zinc Explores the O’Connor Lake Property
April 15, 2021 Trading Symbol - CSE: SLZ
SLAVE LAKE ZINC EXPLORES THE O’CONNOR LAKE PROPERTY
Slave Lake Zinc (“Slave Lake” or “the Company”) (CSE: SLZ) signed a Collaboration Agreement on
September 30, 2020 with the Northwest Territory Metis Nation including representatives from the
communities of Fort Resolution, Fort Smith and Hay River. With this agreement the company has the full
support of the N orthwest Territory Metis Nation to work together for the benefit of all parties and the
environment.
The Collaboration Agreement opens the door for Slave Lake to explore areas of historic interest in the
region on which the Company will apply modern explor ation technology for the first time in over fifty
years.
The Company’s O’Connor Lake property has significant historical infrastructure from the 1950s including
a 45-kilometer winter access road, 62 drill holes totalling 4124 meters , a three-compartment shaft sunk
to a depth of 55 meters (180 feet) and a drift station cut at 45 meters to access the vein system. A 26.3-
ton bulk sample, sent to the Trail smelter, graded 55.0% Pb, 13.5% Zn and 2.7 OPT Ag. (These results are
historical in nature and not compliant with current NI 43-101 reporting standards). Due to low metal prices
at the time further development was placed on hold.
With today ’s current environment of short suppl y of the base metals necessary for upgrading North
America’s infrastructure and co nsequently rising prices, Slave Lake has determined that the current
climate is favorable for advancing mineral exploration and potential development at O’Connor Lake.
The Company has initiated the 2021 work program with a 880-line kilometer airborne survey to measure
magnetic and electromagnetic response across the property. Upon completion of this program the
Company will design the appropriate follow up groundwork.
Appointment of Steven Zadka as Director of the Company
The Company is pleased to announce the appointment of Mr. Steven Zadka as director of the Company
effective immediately.
Mr. Zadka is a visionary entrepreneur and mining executive. Mr. Zadka started his career over 15 years
ago with a simple task in mind of utilizing financial strength to realize commercial potential of an asset
where value is understood. With his vision he has come to the forefront of the natural resources and
mining industries in his current executive chairman role at Cerro de Pasco Resources Inc. Mr. Zadka also
has extensive experience in Investment banking, capital markets, M&A, and corporate finance with focus
on the metals and mining industry. Mr. Zadka Previously held t he title of Managing director at Sunrise
Securities LLC / INTE Securities, a New York City based Investment Bank. Prior to that Mr. Zadka was an
investment banker at Adar Capital Advisors, associate at Casimir Capital LP, and senior consultant at Mine
Management. Mr. Zadka holds a B.S. from Baruch College in New York City.
Ritch Wigham, CEO of the Company, said: "We are most pleased to welcome Steven Zadka to the Board
as he brings a wealth of experience and knowledge to our team”
The technical information within this news release has been reviewed and approved by Gary Vivian,
P.Geo., a qualified person under National Instrument 43-101.
On Behalf of the Board of Directors,
Slave Lake Zinc Corp.
Per:
Ritch Wigham CEO & Director
Phone: 604-396-5762
Email: [email protected]
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted
responsibility for the adequacy or accuracy of the content of this news release
Forward Looking Statement
Statements in this news release that are forward -looking statements are subject to various risks and
uncertainties concerning the specific factors disclosed here and elsewhere in both Slave Lake Zinc’s periodic
filings with Canadian securities regulators. When used in this news release, words such as "will", "plan",
"estimate", "expect", "intend", "potential", "should," and similar expressions, are forward -looking
statements. Information provided in this document is necessarily summarized and may not contain all
available material information. Forward -looking statements include, without limitation, statements
regarding the progress of a definitive offtake agreement, pote ntial development and production at the
Company’s O’Connor lake project, future oriented events and other statements that are not facts. Forward-
looking statements are based on a few assumptions and estimates that, while considered reasonable by
management based on the business and markets in which Slave Lake Zinc operates, are inherently subject
to significant operational, economic and competitive uncertainties and contingencies. Such forward -
looking statements should therefore be construed in light of suc h factors. Although Slave Lake Zinc has
attempted to identify important factors that could cause actual results, performance or achievements to
differ materially from those contained in the forward-looking statements, there can be other factors that
cause results, performance or achievements not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate or that management's expectations or
estimates of future developments, circumstances or results will materialize. Accordingly, readers should
not place undue reliance on forward -looking statements. The forward -looking statements in this news
release are made as of the date of this news release, and Slave Lake Zinc disclaims any intention or
obligation to update or revise such information, except as required by applicable law, and Slave Lake Zinc
does not assume any liability for disclosure relating to any other company herein.