Slave Lake Zinc Secures Funding Through Northwest Territories Mining Incentive Program (MIP) to Advance O'Connor Lake Project
Slave Lake Zinc (symbol SLZNF) announced on October 29, 2025 that it was awarded a grant under the Northwest Territories Mining Incentive Program (MIP) from the Government of the Northwest Territories. The company said the non-dilutive funding will support critical mineral exploration and delineation at its 100% owned O'Connor Lake Property in the South Slave Magmatic zone, which has historic showings of zinc, lead, gold, silver and copper.
Specified uses include compilation and interpretation of recent field data to define high-priority drill targets and geochemical and geological surveys to confirm known mineralized zones. The property lies about 100 km east of Fort Resolution and the company said it will work with local Indigenous communities.
Slave Lake Zinc (simbolo SLZNF) ha annunciato il 29 ottobre 2025 di aver ricevuto una sovvenzione nell'ambito del Northwest Territories Mining Incentive Program (MIP) dal governo dei Territori del Nordovest. L'azienda ha detto che il finanziamento non diluitivo sosterrà l'esplorazione dei minerali critici e la loro delineazione nella proprietà O'Connor Lake, al 100% di sua proprietà, situata nella zona magmatica meridionale di Slave, che presenta ritrovamenti storici di zinco, piombo, oro, argento e rame.
Gli usi specificati includono la compilazione e l'interpretazione dei dati di campo recenti per definire bersagli di trivellazioni ad alta priorità e rilievi geochimici e geologici per confermare le zone mineralizzate note. La proprietà si trova a circa 100 km a est di Fort Resolution e l'azienda ha detto che collaborerà con le comunità indigene locali.
Slave Lake Zinc (símbolo SLZNF) anunció el 29 de octubre de 2025 que recibió una subvención bajo el Northwest Territories Mining Incentive Program (MIP) del Gobierno de los Territorios del Noroeste. La empresa dijo que la financiación no dilutiva apoyará la exploración y delineación de minerales críticos en su propiedad O'Connor Lake, 100% propiedad, en la zona magmática sur de Slave, que tiene antecedentes históricos de zinc, plomo, oro, plata y cobre.
Los usos especificados incluyen la compilación e interpretación de datos de campo recientes para definir objetivos de perforación de alta prioridad y presentar y realizar estudios geocemícos y geológicos para confirmar zonas mineralizadas conocidas. La propiedad se ubica a unos 100 km al este de Fort Resolution y la empresa dijo que trabajará con las comunidades indígenas locales.
Slave Lake Zinc (기호 SLZNF)는 2025년 10월 29일에 Northwest Territories Mining Incentive Program(MIP)으로부터 노스웨스트 준주 정부로부터 보조금을 받았다고 발표했습니다. 회사는 비희석 자금이 남부 슬레이브 화성대 영역의 100% 소유인 O'Connor Lake 자산의 핵심 광물 탐사 및 정의를 지원할 것이라고 밝혔습니다. 이 지역은 아연, 납, 금, 은 및 구리의 과거 시연이 있습니다.
지정된 용도에는 최근 현장 데이터의 편집 및 해석이 포함되어 고우선 순위 드릴 타깃을 정의하고 화학적 및 지질학적 조사를 통해 알려진 광물화 구역을 확인하는 것이 있습니다. 자산은 Fort Resolution에서 동쪽으로 약 100km 떨어져 있으며, 회사는 현지 원주민 공동체와 협력할 것이라고 말했습니다.
Slave Lake Zinc (symbole SLZNF) a annoncé le 29 octobre 2025 avoir reçu une subvention dans le cadre du Northwest Territories Mining Incentive Program (MIP) du gouvernement des Territoires du Nord-Ouest. L'entreprise a déclaré que le financement non dilutif soutiendra l'exploration et la délimitation des minéraux critiques sur sa propriété O'Connor Lake, détenue à 100 %, dans la zone magmatique sud du Slave, qui présente des émissions historiques de zinc, plomb, or, argent et cuivre.
Les usages prévus incluent la compilation et l'interprétation des données de terrain récentes pour définir des cibles de forage prioritaires et des relevés géochimiques et géologiques pour confirmer les zones minéralisées connues. La propriété se situe à environ 100 km à l'est de Fort Resolution et l'entreprise a déclaré qu'elle collaborerait avec les communautés autochtones locales.
Slave Lake Zinc (Symbol SLZNF) gab am 29. Oktober 2025 bekannt, dass es einen Zuschuss im Rahmen des Mining Incentive Program (MIP) der Nordwest-Territorien von der Regierung der Nordwest-Territorien erhalten hat. Das Unternehmen sagte, dass die nicht-dilutive Finanzierung die Exploration und Abgrenzung von kritischen Mineralien auf dem zu 100% Eigentum gehörenden O'Connor Lake-Gelände in der südlichen Slave Magmatic Zone unterstützen werde, das historische Nachweise von Zink, Blei, Gold, Silber und Kupfer aufweist.
Zu den vorgesehenen Nutzungen gehören Zusammenstellung und Interpretation der jüngsten Felddaten, um hochpriorisierte Bohrziele zu definieren, und geochemische und geologische Untersuchungen, um bekannte mineralisierte Zonen zu bestätigen. Die Liegenschaft liegt etwa 100 km östlich von Fort Resolution. Das Unternehmen sagte, es werde mit lokalen indigenen Gemeinschaften zusammenarbeiten.
Slave Lake Zinc (الرمز SLZNF) أعلنت في 29 أكتوبر 2025 أنها حصلت على منحة بموجب برنامج حوافز التعدين في أقاليمها الشمالية الغربية (MIP) من حكومة الأقاليم الشمالية الغربية. قالت الشركة إن التمويل غير المخفّض سيدعم استكشاف المعادن الحيوية وتحديدها في ممتلكاتها O'Connor Lake بنسبة 100٪، الواقعة في المنطقة المغناطيسية الجنوبية لـ Slave، التي لديها سجلات تاريخية للزنك والرصاص والذهب والفضة والنحاس.
تشمل الاستخدامات المحددة التجميع وتفسير بيانات الميدان الأخيرة لتحديد أهداف حفر ذات أولوية عالية والسوحات الجيوكيميائية والجيوفيزيائية لتأكيد المناطق المعدنية المعروفة. تقع الملكية على بعد نحو 100 كم شرق Fort Resolution وتقول الشركة إنها ستعمل مع مجتمعات السكان الأصليين المحلية.
Slave Lake Zinc (符号 SLZNF) 于 2025年10月29日 宣布，已获得西北地区政府通过西北地区矿业激励计划（MIP）提供的资助。公司表示，该非稀释性资金将支持其在南部 Slave 火成区、100%自有的 O'Connor Lake 资产的关键矿产勘探与划定，该区域历史上有锌、铅、金、银和铜的矿化记录。
具体用途包括对最近野外数据的编制与解读以界定高优先级钻探目标，以及地球化学与地质调查以确认已知的矿化区。该资产位于距 Fort Resolution 大约 100 公里东，公司表示将与当地原住民社区合作。
- Non-dilutive funding awarded via GNWT MIP
- Funding to define high-priority drill targets from recent field data
- Geochemical and geological surveys funded to confirm known zones
- O'Connor Lake located 100 km east of Fort Resolution near infrastructure
- Grant amount not disclosed in the announcement
- Project remains in exploration/delineation stage with historic showings only
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2025) - Slave Lake Zinc Corp. (CSE: SLZ) (the "Company") is pleased to announce it has been awarded a grant under the Northwest Territories Mining Incentive Program (MIP) by the Government of the Northwest Territories (GNWT).
This non-dilutive funding will be allocated toward the ongoing and planned critical mineral exploration and delineation work at the Company's
Advancing Critical Mineral Exploration
The MIP grant, administered by the NWT Department of Industry, Tourism and Investment (ITI), is designed to stimulate and support high-quality mineral exploration activities throughout the Territory. This significant financial support directly validates the potential of the O'Connor Lake Project, which holds historic showings of zinc, lead, gold, silver, and copper, as well as other critical minerals potential.
The funds will specifically support:
The compilation and interpretation of data gathered during the recent successful field program, focusing on defining high-priority drill targets.
Geochemical and geological surveys aimed at confirming the known mineralized zones.
"We are incredibly grateful for the support from the Government of the Northwest Territories through the MIP program," stated Ritch Wigham, CEO & Director of Slave Lake Zinc. "This non-dilutive funding allows us to maximize the geological potential of O'Connor Lake and accelerate our exploration timeline. It underscores the importance of public-private partnerships in driving resource development in the NWT, especially as we focus on critical minerals vital for North America's green economy transition."
The O'Connor Lake Property is strategically located approximately 100 km east of Fort Resolution, offering favorable access and proximity to existing infrastructure. Slave Lake Zinc is committed to executing its exploration program responsibly and in collaboration with local Indigenous communities.
On Behalf of the Board of Directors,
Slave Lake Zinc Corp.
Per:
Ritch Wigham CEO & Director
Phone: 604-396-5762
Email: rwigham@zinccorp.ca
About Slave Lake Zinc Corp.
Slave Lake Zinc Corp. is a mineral exploration company focused on advancing its
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, potential 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 such 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272320
FAQ
What did Slave Lake Zinc (SLZNF) announce on October 29, 2025?
How will the MIP grant for SLZNF be used at O'Connor Lake?
Does the SLZNF announcement state the grant amount?
Where is the O'Connor Lake Property that SLZNF is funding?
Will SLZNF issue shares to fund the O'Connor Lake work?
