Slave Lake Zinc has completed detailed analysis of aeromagnetic data for the O'Connor Lake Property main Shaft Zone area. The Company has now identified multiple sub parallel structures in the North West trending corridor hosting the previously developed Shaft Zone mineralization. Aurora Geosciences of Yellowknife, on behalf of Slave Lake, has completed a detailed analysis of the high resolution heli-magnetic survey flown at 50 meter line spacing over the O'Connor Lake Property by the Company earlier this spring. The geophysical analysis shows that the O'Connor historic shaft and the main zone mineralization are located on a prominent North West striking 3-D feature. In addition to the Shaft zone, similar additional prominent magnetic linear features are mapped which indicate the presence of other structures nearby. These additional sub-parallel structures lie in the same general structural trend as the known mineralization and demonstrate extent to depth. Previously the Company has undertaken prospecting, mapping and grid-controlled geophysical surveys which have now established an initial mineralized structure exceeding 1,100 meters in length extending 700 meters south from the headframe area developed earlier. This continuous zone has been traced by coincident Magnetic and EM anomalies along a structure interpreted from air photo analysis. Samples taken by the Company from trenches 500-600 meters along the trend from the shaft zone returned assays of 20% plus combined zinc plus lead. These results are consistent with earlier Shaft Zone results. The mineralized corridor remains open along strike and to depth.