Nevada Zinc

What Nevada Zinc does

Nevada Zinc Corporation is a TSX Venture Exchange-listed exploration and development stage mining company (TSXV: NZN; corporate domicile Ontario, Canada) focused on its 100%-owned Lone Mountain zinc project in Eureka County, Nevada. The project comprises more than 4,000 acres of contiguous unpatented lode mining claims and one patented claim along the Battle Mountain-Eureka Trend, including the historic Mountain View Zinc Mine. Per the July 2018 NI 43-101 technical report by P&E Mining Consultants, the pit-constrained Inferred Mineral Resource is 3,257,000 tonnes grading 7.57% Zn and 0.70% Pb, with mineralization open for expansion and no deep sulfide drilling completed to date.

The company has repositioned itself away from conventional zinc metal concentrate production toward higher-value zinc chemicals. Its core products are zinc sulfate monohydrate (35.5% Zn), sold as a micronutrient fertilizer for zinc-deficient soils and as an animal feed additive, and zinc oxide, intended for sale to zinc smelters to assist in reducing SO2 and particulate emissions. Production is enabled by a proprietary hydrometallurgical flowsheet tailored to Lone Mountain's unusual zinc carbonate-oxide (smithsonite and hemimorphite) mineralization, which bypasses conventional sulfide flotation. The flowsheet comprises ore crushing and grinding, gravity concentration, acid leaching and neutralization, cementation, and DEHPA-based solvent extraction followed by crystallization, delivering 86% zinc recovery in acid leaching, 98% zinc extraction via solvent extraction in a single contact with greater than 90% impurity rejection, cadmium reduced to less than 1 ppm, and final zinc sulfate monohydrate purity of 97–99% (37.6% Zn by ICP-OES). Hazen Research Inc. has conducted the multiphase pilot plant program from March 2021 through March 2023, when continuous production was achieved on equipment scalable to 500 tonnes per day of open-pit ore processing.

The go-to-market model is built around two strategic partnerships rather than direct sales or proprietary distribution. Under the July 2020 Cameron Chemicals Collaboration Agreement, Cameron markets and distributes Nevada Zinc's zinc sulfate monohydrate through three-decade distribution networks across the U.S., Canada, Southeast Asia, Korea, and South America, and has committed to 100% offtake of annual production (projected up to 25,000 tonnes of zinc-based micronutrient products) during the initial term. The August 2023 BelZinc srl strategic partnership adds proprietary zinc oxide production technology, with BelZinc receiving 12,000,000 Nevada Zinc shares (~10.8% ownership) plus fixed and variable per-tonne licensing fees, and grants Nevada Zinc a right of first refusal on future BelZinc projects in North America. Life of mine is estimated at 15–20 years at the 25,000 tpa design rate. Nevada Zinc remains pre-revenue and pre-construction; cumulative capital raised across five non-brokered private placements between 2021 and 2023 totals approximately C$3.35M, funding the pilot plant, permitting, and a PEA/feasibility track targeted for late 2024. In February 2025, shareholders approved a transaction granting Minaurum Gold Inc. an option (exercisable by May 24, 2025) to acquire the Lone Mountain lease.

Name

Nevada Zinc

Legal name

Nevada Zinc Corporation

Website

https://nevadazinc.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Nevada Zinc Corporation is a TSX Venture-listed exploration and development stage mining company developing zinc sulfate monohydrate and zinc oxide from its 100%-owned Lone Mountain carbonate-oxide deposit in Nevada for U.S. agricultural, animal feed, and industrial zinc smelter customers via Cameron Chemicals and BelZinc partnerships.

Ownership category

akta.pro rank

Product category

Zinc Mining and Zinc Chemicals

NAICS

Ground or Treated Mineral and Earth Manufacturing (327992)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Magnesite & Magnesium Minerals Mining (IMAKAGAN)

akta.pro secondary industries

Mineral Soil Amendments (Lime, Gypsum, Rock Phosphate, Sulfur, Trace Minerals) (AFABAKAF), Trace Mineral Premixes (Chelated/Organic & Inorganic) (AFADAGAD)

Keywords

• Zinc mining
• Zinc sulfate production
• Micronutrient fertilizers
• Animal feed additives
• Zinc oxide chemicals

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Zinc Sulfate Monohydrate Sales: Nevada Zinc plans to become a Nevada-based producer of zinc sulfate monohydrate (35.5% Zn), sold as a micronutrient fertilizer for crops and as a feed additive for animals. Under the Cameron Chemicals Collaboration Agreement, Cameron will purchase 100% of annual production during the initial offtake term. Projected annual production is up to 25,000 tonnes of zinc-based micronutrient products. Life of mine estimated at 15–20 years based on current resource.
2. Zinc Oxide Sales: Following the August 2023 BelZinc strategic partnership, Nevada Zinc gained access to proprietary technology to produce high-grade zinc oxide from Lone Mountain ore. Zinc oxide is targeted for sale to zinc smelters under contract to assist in reducing harmful emissions. The production optionality to convert zinc oxide to zinc sulfate creates price arbitrage opportunities based on relative market prices.
3. Licensing Fees to BelZinc: In exchange for providing access to its proprietary zinc oxide production technology, BelZinc srl (a Belgium-based company) receives 12,000,000 common shares of Nevada Zinc (approximately 10.8% ownership), a fixed licensing fee per tonne of zinc oxide produced, and a variable licensing fee per tonne tied to zinc oxide price movements.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Nevada Zinc is an exploration and development stage company developing the 100% owned Lone Mountain zinc project in east central Nevada to produce high-grade zinc sulfate monohydrate (35.5% Zn) for the agricultural micronutrient fertilizer and animal feed markets, and zinc oxide for sale to zinc smelters. Products are processed from a unique high-grade zinc carbonate-oxide deposit via a proprietary hydrometallurgical flowsheet rather than conventional flotation. No commercial production has commenced; the company is pre-revenue and focused on pilot plant validation, permitting, and offtake agreements.

Product overview

Nevada Zinc is an exploration and development stage company focused on producing zinc-based products from its 100% owned Lone Mountain zinc project in Nevada. The company is pivoting from traditional zinc metal production toward higher-value zinc chemical products for the U.S. agricultural sector. The core products are Zinc Sulfate Monohydrate 35.5% (a micronutrient fertilizer and animal feed supplement) and Zinc Oxide (sold to zinc smelters for emission reduction). These products are produced through proprietary hydrometallurgical processes and marketed through strategic partnerships with Cameron Chemicals (for zinc sulfate) and BelZinc (for zinc oxide).

Differentiator

Problem solved

Functional benefit

Products and services

• Zinc Sulfate Monohydrate 35.5% High-purity zinc sulfate monohydrate produced from the Lone Mountain zinc carbonate-oxide deposit via gravity concentration, acid leaching, cementation, solvent extraction, and crystallization. Targeted at agricultural micronutrient fertilizer markets to correct zinc deficiency in soils and at animal feed manufacturers as a trace mineral supplement. To be distributed through Cameron Chemicals under an offtake agreement for up to 25,000 tonnes per year of zinc-based micronutrient products.
• Zinc Oxide High-grade zinc oxide produced from non-sulfide Lone Mountain ore using BelZinc srl's proprietary processing technology. Targeted for sale under contract to zinc smelters in North America and Europe to assist in reducing harmful emissions (SO2, particulates), with optionality to convert zinc oxide to zinc sulfate depending on relative market prices.
• Zinc-Based Micronutrient Products Product line of zinc-based micronutrient offerings for agricultural, turf, and horticultural end-uses including crop fertilizer and animal feed supplement products derived from the Lone Mountain zinc project. Products are marketed through Cameron Chemicals' distribution networks.

Quantifiable outcome

• 86% zinc recovery in acid leaching tests from zinc carbonate-oxide concentrates
• +5 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Minaurum Gold Inc.minorOthers · 7 February 2025On February 7, 2025, Nevada Zinc shareholders voted to approve a proposed transaction with Minaurum Gold Inc. Under the terms, Minaurum has until May 24, 2025 to exercise its option to acquire the Lone Mountain lease agreement from Nevada Zinc. In 2024, Minaurum made the annual lease payment and claims maintenance payments on behalf of Nevada Zinc.
• BelZinc srlcoreStrategic or Co-development Partner · 9 August 2023BelZinc srl, a Belgium-based company located outside Brussels, is the developer and owner of proprietary processing technology to produce high-grade zinc oxide from non-sulphide zinc ore. A letter of intent was signed August 9, 2023 for a strategic partnership. BelZinc will receive 12,000,000 Nevada Zinc common shares (approximately 10.8% ownership), a fixed licensing fee per tonne of zinc oxide produced, and a variable fee tied to zinc oxide price movements. BelZinc grants Nevada Zinc access to its proprietary technology and a right of first refusal to participate in all future BelZinc projects in North America. Zinc oxide from Lone Mountain samples was sent to European zinc smelters for testing with positive results.
• Hazen Research Inc.coreStrategic or Co-development Partner · 9 March 2021Hazen Research Inc., a Colorado-based firm with over 55 years of experience in chemical analyses, bench-scale experiments, and pilot plant demonstration, was engaged by Nevada Zinc in March 2021 to conduct a multiphase pilot plant program to develop a process flowsheet to recover zinc sulfate monohydrate from Lone Mountain mineralization, produce commercial-grade samples, and provide process plant capital and operating cost estimates. Hazen conducted gravity separation, acid leaching, cementation, solvent extraction, and crystallization phases. Continuous production of zinc sulfate monohydrate was achieved in March 2023. Hazen is completing economic evaluation for a commercial plant processing 500 tonnes per day.
• Cameron Chemicals Inc.coreChannel Partner/ Reseller/ Distributor · 13 July 2020Cameron Chemicals, a leading U.S. producer and distributor of granular micronutrients for agricultural, turf, and horticultural industries, entered a Collaboration Agreement with Nevada Zinc in July 2020. Cameron will market and distribute Nevada Zinc's zinc-based micronutrient products (zinc sulfate monohydrate for fertilizers and animal feed) through its established distribution networks across the U.S., Canada, Southeast Asia, Korea, and South America. Cameron has manufacturing facilities in Washington, Virginia, and Michigan. Under the Agreement, subject to a positive construction decision, Cameron will enter an offtake agreement to purchase 100% of Nevada Zinc's annual production during the initial term, equal to or greater than the project pay-back period. Projected annual production: up to 25,000 tonnes of zinc-based micronutrient products.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• ICL Group Ltd. Global specialty fertilizers and specialty minerals producer with a significant micronutrient and plant-nutrition business. Comparable end-market exposure (agricultural micronutrients, including zinc) and serves as an incumbent benchmark Nevada Zinc's Cameron-distributed products will compete against.
• EverZinc: European/global zinc chemicals platform encompassing Zochem and other zinc oxide and powder assets. Largest dedicated zinc chemicals producer globally and a direct downstream competitor for zinc oxide and zinc sulfate in agricultural and industrial markets.
• Hudbay Minerals Inc. Diversified mid-tier base metals producer with significant zinc output alongside copper. Provides a relevant scaled-up benchmark for North American zinc mining and processing economics.
• Yara International ASA: Global crop nutrition and specialty fertilizer major with an established micronutrient portfolio. Provides a relevant global benchmark for pricing, channel structure and end-market demand for zinc-based plant nutrition products.
• Lundin Mining Corporation: International diversified base metals miner with zinc as a core commodity (Neves-Corvo, Zinkgruvan). Comparable as a zinc-producing incumbent and useful for benchmark pricing and byproduct economics for zinc-focused developers.
• Compass Minerals International, Inc. U.S.-listed producer of specialty plant nutrition products (including micronutrients) and industrial minerals. Comparable go-to-market dynamics in North American specialty fertilizers, including the customer relationships and distribution Nevada Zinc is targeting through Cameron.

Emerging players

• Tinka Resources Limited: TSXV-listed junior zinc (and tin/silver) exploration and development company advancing the Ayawilca project in Peru. Comparable to Nevada Zinc as a small-cap, single-asset junior zinc developer at a pre-construction stage.

Direct peers

• US Zinc: U.S.-based zinc oxide producer supplying industrial, agricultural and pharmaceutical end markets. Operates similar downstream zinc chemistry infrastructure and customer relationships with U.S. agricultural and chemical buyers, a direct competitive peer for Nevada Zinc's zinc sulfate and zinc oxide products.
• Zochem Inc. North American producer of zinc oxide and zinc chemicals (now operating under EverZinc's umbrella). Operates similar high-purity zinc oxide/chemical processes and serves overlapping agricultural, animal feed and industrial customers, making it one of the closest direct comparables for Nevada Zinc's intended product mix.
• Titan Mining Corporation: U.S.-focused zinc producer operating the Empire State Mine in New York. Closest publicly listed pure-play North American zinc producer; benchmark for zoned U.S. zinc commercial production economics relevant to Nevada Zinc's planned Nevada operation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/nevadazinc
• Facebookfacebook.com/nevadazinc
• LinkedInlinkedin.com/company/nevada-zinc-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nevada Zinc