Slave Lake Zinc Corp. is actively exploring the O'Connor Lake zinc ­ lead prospect. The Company's claims are located in the South Slave district of Canada's Northwest Territories in a mining friendly region with good infrastructure and supply access. The property is located some 185 kilometers southeast of Yellowknife and 60 kilometers from an all-weather highway at Fort Resolution. Vein structures discovered prior to 1952 were developed using drilling, bulk sampling, and underground methods. The prospect then lay idle from 1952 until its acquisition in 2016 by Slave Lake Zinc with no modern exploration in the intervening years. Slave Lake Zinc was originally formed to seek minerals deemed essential to the new environmental
and technological age. The Federal Government of Canada has designated zinc to be one of the metals critical to Canada's economic security. Zinc is also essential for Canada's transition to a low- carbon economy. The O'Connor Lake area was acquired by SLZ because there was historic
development of high-grade zinc ­ lead deposits prior to 1952 and no modern exploration since that time. The Company is relieved and excited to finally release results of a 900-line kilometer magnetic airborne geophysical survey flown by Precision GeoSurveys of Langley BC during the covid 19
shutdowns of 2021. The detailed survey, flown at a line spacing of 50 meters, was essential for the Company to confirm the theory of a hydrothermal structural corridor; and to further develop relationship with the Northwest Territory Metis Nation through the Collaboration Agreement
negotiated for the benefit of all parties and peoples in the under ­ explored South Slave Region. The airborne survey results correlate well with ground geophysical survey anomalies delineated in 2019 in the area of the Head Frame and provide confidence that the balance of the corridor surveyed has
the potential to host similar mineralized structures. SLZ is continuing to compile and combine the Company's new exploration data with the historic
exploration results to provide a comprehensive database. The Company is using its detailed interpretation to develop a plan for a progressive and systematic exploration program across the property for the first time. This major program will include detailed prospecting and geological
mapping, ground geophysical surveying to map structures, trench sampling of mineral occurrences and diamond drilling to evaluate newly identified mineralized structures.