Panarc currently has the following projects in the Northwest Territories available for option:
INDIAN MOUNTAIN - Volcanogenic massive sulphide (Cu-Zn-Ag-Pb)
The Indian Mountain Lake Property covers a greenstone belt north of the East Arm of Great Slave Lake. At BB Lake -
the principal showing - zoned copper through zinc-rich massive sulphides occur at the top of a felsic volcanic sequence with
a non-43-101 compliant resource of approximately 3.0 MT @ 10% combined Zn-Cu-Pb, 4.0 OPT Ag and 0.02 OPT Au. There
are four other significant showings in the belt north of BB Lake and 3 in the eastern extension of the belt (Suzu Lake area).
This is a district-scale project with the prospect of hosting several economic VMS deposits. The project area has ready access
to Great Slave Lake with the potential to barge concentrate to a railhead at Pine Point.