The utilization of deep eutectic solvents (DESs) as a novel class of solvents in metal production offers a promising alternative to aqueous solutions due to their biocompatibility and non-aqueous nature. This study investigated the leaching of sphalerite concentrate using a ternary stable DES composed of choline chloride (ChCl), p-toluene sulfonic acid (PTSA), and ethylene glycol (EG) (at a molar ratio of 1:1:1). The effects of time, temperature, and milling time on zinc recovery were examined within specific ranges (20–1440 min, 40–100 °C, and 0–24 h, respectively). The study revealed the significant influence of time and temperature on zinc dissolution efficiency within ChCl:PTSA:EG. Higher temperatures and longer leaching times were found to improve efficiency substantially. The research emphasized the crucial role of milling time, demonstrating that longer durations enhanced zinc efficiency by introducing more defects on the sphalerite surface and reducing particle size. Under optimized conditions, including a temperature of 100 °C, 24 h of ball milling, and 1440 min of leaching, a zinc recovery of 99.7% was achieved. Infrared analysis confirmed the chemical stability of the solvents during the leaching process. The sphalerite leaching process involved the formation of zinc chloride ion complexes and evolution H2S gas. An unexpected finding is the presence of lead sulfate in the leach residue, which may be attributed to sulfide oxidation to sulfate species. The Avrami kinetic model provided an excellent fit with the sphalerite dissolution data in ChCl:PTSA:EG DES, indicating that the rate-controlling step was primarily influenced by the diffusion process. R2 values for kinetics fitting data were in the range of 0.87–0.97 for temperature of 40–100 °C. The molecular dynamic (MD) simulation findings indicated robust electrostatic interactions between the metal ions Zn2+ and Fe2+ and the Cl− ions of the ChCl molecules. Additionally, the MD calculations showed that the metal ions formed complexes with some O-S-O atoms within the PTSA molecule.