Nevada Zinc (TSXV: NZN) and Cameron Chemicals entered into a collaboration agreement to work together to establish a range of zinc-based micronutrient products destined for farms across the world.<\/p>\n
In a press release, the companies said the products will be manufactured by Nevada Zinc and marketed by Cameron. Subject to completing production process evaluation studies, Nevada Zinc\u2019s annual production is projected to be up to 25,000 tonnes of zinc-based micronutrient products. <\/p>\n The plan is to, eventually, enter into an off-take agreement whereby Cameron Chemicals will purchase 100% of Nevada Zinc\u2019s annual production<\/p>\n<\/blockquote>\n<\/figure>\n \u201cBased upon this annual production rate, Lone Mountain\u2019s life of mine will be in the range of 15 to 20 years based upon the company\u2019s current resource estimate,\u201d the statement reads. \u201cThe Lone Mountain property has only been partially explored to-date and has good potential to increase in size subject to further exploration programs to be undertaken by the company.\u201d<\/p>\n The miner plans to spend the remainder of 2020 completing a project evaluation study which will include studies relating to the mining and production processes that will best suit the project. It will also commence environmental and permitting studies for Lone Mountain, located near Eureka in Nevada, as well as the submission of permit applications.\u00a0<\/p>\n \u201cAffirmative results from this project evaluation work will allow Nevada Zinc to make a positive project construction decision at the end of the permitting process. There is no assurance currently that the existing mineral resource may be processed on a technical or economic basis,\u201d the brief states.<\/p>\n If a positive construction decision is made, the Toronto-based miner said it will enter into an off-take agreement with Cameron whereby Cameron will purchase 100% of Nevada Zinc\u2019s annual production during the initial term of the off-take agreement, which will be equal to or greater than the project pay-back period as mutually agreed to by the Canadian company and project Capex debt and equity investors.<\/p>\n","protected":false},"excerpt":{"rendered":" The Canadian miner signed a deal to produce zinc-based micronutrient products to be commercialized by Cameron Chemicals.<\/p>\n","protected":false},"author":92,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1195625"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/92"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1195625"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1195625\/revisions"}],"predecessor-version":[{"id":1195627,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1195625\/revisions\/1195627"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1195625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1195625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1195625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n