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Lik project
The LIK property comprises a contiguous group of State mining claims covering 2,225 ha in northern Alaska. The LIK property was drill tested in the late 1970s and early 1980s, but until the Company commenced its recent work program, no additional drilling had been done since 1992. Much of the LIK South deposit is shallow and considered to be amenable to open pit mining. The LIK North deposit is relatively deeper.

Zazu purchased itsinterest in the property in 2007, and completed two diamond drill programs in 2007 and in 2008. In 2009 Zazu updated the historical resource estimate to a current NI 43-101 compliant resource. Subsequently Zazu instigated a broad suite of studies. Zazu intends to incorporate these multi year studies into a NI 43-101 Compliant Technical Report by aprroximately Q4, 2014.

In 2009, Scott Wilson RPA completed a NI 43-101 compliant resource estimate on the LIK property.

In 2014, JDS Energy and Mining completed a Preliminary Economic Analysis on the property.

The information, tables and figures on this website relating to the Lik property, other than those pertaining to the work programs carried out or planned by Zazu for 2010 onwards, are derived from, and in some instances are extracts from, the independent technical report prepared for Zazu by Neil N. Gow, B.Sc. (Hons.), P.Geo., William E. Roscoe, Ph.D., P.Eng., and Kevin C. Scott, P.Eng., all of Scott Wilson Roscoe Postle Associates Inc., with an effective date of May 13, 2009 and entitled "Technical Report and Mineral Resource Estimate on the Lik Deposit, Northern Alaska, U.S.A." Each of Messrs. Gow, Roscoe and Scott is a "qualified person" within the meaning of NI 43-101 and is independent of the Company.

Preliminary Economic Assessment Technical Report -- Zazu Metals Corporation, Lik Deposit Alaska, USA Dated April 23, 2014 and effective March 3, 2014, prepared by Robert L. Matter, PE (JDS Energy and Mining, Inc.) Tony Loschiavo, P.Eng. (JDS Energy and Mining, Inc.) , Neil Gow, P.Gee. (Roscoe Postle and Associates, Inc.) and Michael Travis, PE (Travis Peterson Environmental Consulting, Inc.) (herein referred to as the "PEA")

The preliminary economic assessment is preliminary in nature, in that it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.

Portions of such information, tables and figures are based on assumptions, qualifications and procedures which are not fully described on this website. Reference should be made to the full text of the above-referenced technical report, which has been filed with certain Canadian securities regulatory authorities pursuant to NI 43-101 and which is available for review on Zazu's SEDAR profile at www.sedar.com.

Work Program



2016 is a strategic work year for Zazu. The work completed to date brings the property to the cusp of permitting, with only a few studies required prior to permit application. However, in light of the current market interest in zinc, Zazu considers it prudent to hold off on these studies and maintain the corporate treasury. Only work required to maintain data for permitting applications will continue.

Zazu is confident that the zinc price will improve towards the end of 2016 and lift again in 2017 as a result of multiple mine closures and unchanging demand. A stronger market will allow Zazu to project based studies.

2015 continued to build on work completed in previous years, bringing the project closer to the Feasibility Study stage, and the preparation of an Environmental Assessment Study that will be a requirement for permitting.

In Q1 of 2015, The Alaska Industrial Development and Export Authority completed an independent study concluding sufficient capacity currently exists at the port facility for the transfer of Lik Concentrate.


The ongoing studies from previous years include:
  • Metallurgical Study: continuing process review and optimization
  • Environmental permitting, assessment and monitoring: Continuing monitoring programs instigated in previous years
  • Mine Design: Continued refinement and analysis of the mine design.
  • Acid Rock Drainage: Continuation of field studies, monitoring and assessing characteristics
  • Work to be completed as needed:
    • Corridor Routes: Testing and observation of possible corridor routes was continued, to enable design refinements.
    • Road and Port Analysis: Refining design plans for modifications to the DMTS road and port facility.
    2014 Saw the completion and filing of a Preliminary Economic Assessment in Q1. AIDEA, the state owners of the haul road and port ("DMTS"), initiated an independent study to assesses the DMTS for use in a multi-user scenario. The ongoing studies from previous years include:
    • Metallurgical Study: Process optimization
    • Environmental permitting, assessment and monitoring: Expansion of data collection program in some areas, refinement in others.
    • Mine Design: Further refinement and analysis of the mine design.
    • Acid Rock Drainage: Initial Characterization completed, field testing initiated.
    • Corridor Routes: Testing and observation of possible corridor routes was continued, to enable design refinements.
    • Road and Port Analysis: Refining design plans for modifications to the DMTS road and port facility.
    In 2013 Zazu built on the field seasons of 2010, 2011 and 2012. After receiving approval of previous work and guidance on future needs, Zazu expanded the permitting related data collection programs, and initiated the field portion of the Acid Rock Drainage program. The ongoing studies in 2013 include:
    • Metallurgical Study: Process optimization
    • Environmental permitting, assessment and monitoring: Expansion of data collection program in some areas, refinement in others.
    • Mine Design: Further refinement and analysis of the mine design.
    • Acid Rock Drainage: Initial Characterization completed, field testing initiated.
    • Corridor Routes: Testing and observation of possible corridor routes was continued, to enable design refinements.
    • Road and Port Analysis: Refining design plans for modifications to the DMTS road and port facility.
    In 2012 Zazu successfully completed the process of converting the over two hundred Federal Claims to a single state claim. This process now puts the awarding of the vast majority of the permits in the hands of the mining friendly State of Alaska, rather than the Federal Government. Alaska implemented a coordinated, interdepartmental approach to permit guidance, evaluation and awarding. Zazu strongly believes this will enable a more rapid advancement of the property. The 2012 field program built upon the previous studies providing the data required for initiating the permitting processes:
    • Metallurgical Study: Refining of the process plan and improving silver recovery.
    • Environmental permitting, assessment and monitoring: Zazu collected sufficient data for the initial permit applications.
    • Mine Design: Further refinement and analysis of the mine design.
    • Acid Rock Drainage: The multi year ARD study continued.
    • Corridor Routes: Testing and observation of possible corridor routes was continued, to enable design refinements.
    • Road and Port Analysis: Refining design plans for modifications to the DMTS road and port facility.
    In 2011, Zazu built upon the previous work and initiated the necessary work to advance the project to produce an NI 43-101 compliant Technical Report by approximately Q4, 2014. These studies continued in 2012.
    • Exploration Drilling: Testing the northern boundary of Lik North through a moderate step out. The diamond drill hole intersected mineralization.
    • Metallurgical Study: Refining of the process plan and improving silver recovery.
    • Environmental permitting, assessment and monitoring: In preparation for mine development and permitting studies that were initiated and will continue. New studies investigating hydrology, hydrogeology and air quality were initiated.
    • Mine Design: Further refinement and analysis of the mine design.
    • Acid Rock Drainage: An ARD study was initiated.
    • Corridor Routes: Testing and observation of possible corridor routes was initiated, to enable design refinements.
    • Road and Port Analysis: Refining design plans for modifications to the DMTS road and port facility.
    In 2010, Zazu completed internal studies for the benefit of management to determine the appropriate path for developing the project.
    • Port Capacity Analysis: An evaluation of alternatives to increase the DMTS capacity. The report concluded that minor modifications are needed to accommodate concentrate product from Lik.
    In 2009, the project moved from exploration to the early stages of development. Zazu's focused evaluating the data previously gathered and . To that end, the following activity was completed:
    • Resource estimate: Scott Wilson RPA prepared a Current NI 43-101 compliant resource estimate.
    • Environmental permitting, assessment and monitoring: In preparation for mine development and permitting studies were initiated and will continue.
    • Infrastructure Analysis: An evaluation of the DMTS road and port facility was made to determine its ability to handle production from the Lik deposit.
    • Corridor Routes: A study on possible routes for a haul road connecting Lik to the DMTS was completed.
    During 2008 Zazu completed the following:
    • Drilling: A 58 hole program was completed, with the intention of expanding the resource base and defining mineral resources.
    • Metallurgical Testing: Inital testing of metallurgy.
    • Environmental Work: Zazu commenced ongoing environmental studies, to obtain all necessary land use and operating permits for the LIK property.
    • Additional Geophysical Surveys: Zazu successfully identified exploration targets for drilling in future seasons to the north of the LIK deposit.