Consolidated Zinc Limited announced that Minera Latin American Zinc S.A.P.I. de C.V. (MLAZ) has executed an extension of the Zinc Concentrate Offtake Agreement with Industrias Penoles S.A. De C.V. (Penoles). This extension provides certainty that 100% of the zinc concentrates produced by MLAZ in 2021 will be sold to Penoles under favourable terms. Zinc concentrate is the major product of the Plomosas Mine. The Company plans to increase zinc concentrate output though process plant modifications to reduce the amount of zinc metal that reports to the lead concentrate. This will also further improve the high-quality lead concentrates delivered to the market, which secure premiums that reduce costs and increase the value of the lead concentrate by-product.