BMC Minerals Ltd. Oct. 27 announced that the Yukon Environmental and Socio-Economic Assessment Board has completed the environmental and socio-economic review of the company’s proposal to develop a mine at the ABM silver-zinc deposit on the Kudz Ze Kayah (KZK) project and has recommended that the mine be allowed to proceed to permitting.
“We are very pleased to receive the final screening report following a robust and thorough assessment process with input from all affected parties. We are now preparing the development permit applications which will incorporate the recommendations,” said BMC Minerals President Scott Donaldson.
A 2019 feasibility study details a mine at KZK slated to produce an average of 235 million pounds of zinc, 32 million lb copper, 56 million lb lead, 7.8 million ounces silver and 56,500 oz gold annually, over an initial nine-year mine life.
This operation is based on 15.7 million metric tons of probable reserves averaging 5.8% (915,000 metric tons) zinc, 0.9% (135,800 metric tons) copper, 1.7% (265,700 metric tons) lead, 138 grams per metric ton (69.5 million ounces) silver and 1.3 g/t (666,000 oz) gold