The Pine Point Mine is located on the south shore of Great Slave Lake between Hay River to the west and Fort Resolution to the east, in the Northwest Territories of Canada.

There was no silver to be found, and although the lead ore was very rich, it was not feasible to mine the isolated deposit without good transportation to the south.

[3] Darnley Bay Resources Ltd. purchased the project for $8 million in December 2016 and hired about 20 staff in neighbouring communities for exploratory drilling and line cutting.

The company highlighted cost savings from the nearby highway and railroad constructed previously for the mine in 1980s as well as the electricity generated from the hydroelectric project from Taltson River.

[8] The ore is localized in solution-collapse (karst) structures where sulfide minerals preferentially replaced some of the carbonate host rocks, dolomite and limestone), of the Presqu'ile Formation.

Minerals present include galena, sphalerite, marcasite, pyrite, dolomite, calcite, sulphur and bitumen.