ScoZinc Announces Results of the Independent Preliminary Economic Assessment

Cooks Brook, Nova Scotia, December 19, 2017 – ScoZinc Mining Ltd. (TSX‐V: SZM) (“ScoZinc” or the “Company”) is pleased to announce the results of the independent updated Preliminary Economic Assessment (PEA) on its wholly‐owned ScoZinc Zinc‐Lead Mine in Nova Scotia, Canada. The 2017 PEA, completed by Stantec Consulting, includes a more detailed mine plan, contract mining obtained by bidding to major Nova Scotia contractors, updated capital cost, and updated milling and other operating costs. Compared to the 2013 report (filed on SEDAR on June 12, 2013), the significant change made was replacing Company owner‐operator mining with contract mining. The 2017 NI 43‐101 report shows improved robust economics for the restart of the permitted ScoZinc mine.

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