Name of the Project
Scotia zinc/lead project.

Location
The project is located in Nova Scotia, Canada.

Project Owner/s
ScoZinc Mining.

Project Description
A prefeasibility study (PFS) has concluded that the project economics are very robust, with relatively low capital requirements and a short payback period.

The project is set to produce high-quality zinc and lead concentrates for more than 14 years, at low operating costs using conventional openpit mining methods, with a steady ore processing rate of 2 700 t/d.

The mine’s mineral resources will be extracted using conventional load-and-haul mining methods as determined by optimised pit designs and life-of-mine schedules.

The ScoZinc concentrator plant was last operated in 2009 at 2 200 t/d from the original nameplate design of 1 500 t/d using conventional crushing, grinding flotation, concentrate dewatering/drying, and rehandling loadout.

The PFS has confirmed that with relatively minor upgrades to the comminution, flotation and dewatering circuits, the plant can consistently operate at 2 700 t/d without major capital expansion.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has a pretax net present value, at an 8% discount rate, of $156-million and an internal rate of return of 52%, with a payback of 2.4 years.

Capital Expenditure
Preproduction capital expenditure is estimated at $30.8-million, including contingency of $2.7-million.

Planned Start/End Date
The PFS shows that commercial zinc and lead concentrate production can be achieved within 9 to 12 months.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
ScoZinc Mining, tel +1 902 482 4481 or email info@ScoZinc.com.