Kerem Usenmez of Metallum Resources talks about moving its zinc and copper project onto production
In this InvestorIntel interview host Tracy Weslosky talks to Metallum Resources Inc.’s (TSXV: MZN | OTCQB: MTLLF) President, CEO, and Director Kerem Usenmez about their Superior Lake Zinc and Copper Project in Ontario, Canada, one of the highest grade zinc deposits going into production in North America.
In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Kerem says that Metallum’s project is “the highest grade zinc development project in North America for sure, but we also have high grade copper too – one percent.” Kerem also talks about the importance of their excellent relationship with the local First Nations community. “Historically this was an operating mine with enormous numbers because of the grade,” he tells Tracy, “but the First Nations were not involved in the past.” Now, he says, “the Chief was with me at PDAC helping me lobby the federal and provincial ministers.”
Kerem goes on to tell Tracy that “having high grade zinc and copper, with great infrastructure – the location as well as having all the major infrastructure being in place – allows us two things. One is obviously short time to production and fantastic economics… but also easier permitting process,” with production perhaps as soon as two years from now. Metallum is also working towards receiving a B Corp Certification, meeting high standards of verified ESG performance, accountability, and transparency.
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About Metallum Resources Inc.
Metallum Resources owns 100% of the Superior Lake Zinc and Copper Project in Ontario, Canada. The Project ranks as the highest grade zinc project in North America with a resource of 2.35 Mt at 17.9% Zn, 0.9% Cu, 0.4 g/t Au and 34 g/t Ag. The Company completed a positive Feasibility Study that highlights the Project will rank in the lowest quartile of operating costs (C1 costs – C$0.44 / lb; AISC C$0.51 / lb). These low costs driven by the high grade of the Project drive robust economic returns. The majority of permits and licenses are in place allowing for a quick re-development following a Final investment Decision.
To learn more about Metallum Resources Inc., click here.
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