The drill results come almost two months after Lifezone began trading on the NYSE, following the business combination between Lifezone Holdings and special purpose acquisition company GoGreen Investments.

After Red Pine completes a feasibility study at Wawa, Franco-Nevada can opt to buy an additional 0.5% NSR royalty.

The potentially open pittable inferred resource is 541 million tonnes at 0.69% zinc, 0.28% lead, and 13.6 grams silver per tonne for an NSR value of $20.32 per tonne.

This is the first time indicated resources were reported for Eaglehead.

For years, the Loma Larga project has faced strong opposition from local indigenous groups and communities.

Initial assessments indicate a potential inclusion of approximately 17.5 million tonnes of mineralized material from the Roger deposit into Opemiska's open pit development strategy.

The results will augment the existing inferred mineral resource at Rowan, which currently stands at 827,462 oz. gold in 2.8 million tonnes ore.

The company says drilling over 36 newly reported holes on K2 has extended the mineralized footprint to 410 metres by 395 metres.