Pine Point Receives Positive Initial Metallurgical Test Results

TORONTO, ONTARIO--(Marketwired - Sept. 26, 2017) - Pine Point Mining Limited (TSX VENTURE:ZINC) (the "Company") is pleased to announce it has received positive results from initial independent metallurgical testing of sample material from one of the deposits at the Pine Point project in the Northwest Territories. This test work was done on a composite sample from four drill holes from the L36 deposit. This deposit is historical and was not included in the recent PEA, and the sample was obtained as part of a confirmation drilling program intended to bring several historical deposits into the long-term mine plan (see Company Press Release dated July 31, 2017). The test was important because modern testing by a previous operator focused on high grade material, while the Company's recent test was done on a composite sample grading 3.7% zinc and 0.41% lead, which is similar to the overall grade in the Preliminary Economic Assessment (PEA) of the project released earlier this year