Probe Gold cuts 23.1 g/t over 3.1m at Novador project in Quebec

The integrated Yerington project has a post-tax net present value (at a 7% discount) of $356 million and an internal rate of return of 17.4%.

The Eureka District has a long and successful history of mining since 1864, including some of the world’s highest-grade CRD mines.

The company says that restarting the permitting process is a strategic move to advance the Castle East project to advanced exploration.

The latest drilling results from the Safari Link area represent a near-term opportunity for resource and value addition, Lifezone said.

The regulatory approval marks a major step in the permitting process, allowing the firm to appoint contractors for this year’s activities.

Measured and indicated resources are estimated at 15.7 million tonnes grading 102 g/t silver.

The drill program was following up on the 2022 discovery hole, which returned 0.13% coper over 345.5 metre.

Company says the first resource estimate "exceeded expectations" given the limited drilling the company has done to date.

The company will incorporate the 30.1-sq.-km of PW property claims into its Broach Lake property.