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Filing Services Canada
FSC / Press Release
Drilling Intersects 10.01% Zinc + Lead Over 5.3 Metres in A-11-96 on the Cardiac Creek Deposit
Vancouver, British Columbia CANADA, December 28, 2011 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture),is pleased to announce additional drill results from the 2011 exploration program on its 100% owned Akie Project.
The Akie property, host to the Cardiac Creek SEDEX Zn-Pb-Ag deposit, is located approximately 260 kilometers north-northwest of the town of Mackenzie, in northeastern British Columbia, Canada. The Company also owns the Kechika group of regional properties that extend northwest from the Akie property for 140 kilometers, centered along the prospective stratigraphy of the Gunsteel Formation of Northeastern B.C. The 2011 exploration program also included a regional program focused principally on 2 southern claim groupings, the Pie and the Mt. Alcock properties. Analysis of the regional results is ongoing.
Akie Property
FSC / Press Release
Kechika Regional Project Exploration Update - Prospective Gunsteel Shales Present and Situated Directly Along Strike Teck Resources/Korea Zinc's Cirque Deposit - Drill Targets Firmed Up on Pie and Mt. Alcock Properties
Vancouver, British Columbia CANADA, January 11, 2012 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to provide an update on the 2011 Kechika Regional exploration program. The Kechika group of regional properties extends northwest from the Company's flagship Akie property for 140 kilometers, centered along the prospective stratigraphy of the Gunsteel Formation of Northeastern B.C. The Akie property, host to the Cardiac Creek SEDEX Zn-Pb-Ag deposit, is located approximately 260 kilometers north-northwest of the town of Mackenzie, in northeastern British Columbia, Canada.
2011 Regional Exploration
Extensive regional exploration was conducted during the 2011 field season on several properties within the Kechika project area, including Mt. Alcock and Pie. These claims are underlain by prospective Gunsteel shale similar to the host rocks of the Cardiac Creek deposit on the Akie property and the Cirque deposits (Teck Resources/Korea Zinc joint venture). Regional exploration included GIS compilation and analysis of historical exploration data, targeted geochemical surveys, geological mapping and prospecting.
The Pie and the Mt. Alcock properties were primary targets of the 2011 regional exploration program conducted on the Kechika group of properties. Work focused on the prospective black shales of West Pie; the nickel-in-rock anomalies of East Pie; and evaluation of the historical work conducted on the Mt Alcock property.
Mapping of the West Pie property has been completed. This work has defined a significant panel of interpreted prospective Gunsteel Formation shale encompassing 8 kilometers of strike length. A comprehensive 14.9 line kilometer soil sampling program has been completed across this panel, with a total of 317 samples taken at 50 metre spaced intervals, along 400 metre spaced lines. In addition, nodular barite occurrences have been discovered within this panel, indicating the presence of exhalative activity in the area. Channel sampling, using a portable rock saw, has been completed on these occurrences. It is important to note that the interpreted Gunsteel shales present at the West Pie property, which also host the GPS bedded barite showing, are situated directly along strike from Teck Resources/Korea Zinc's Cirque deposit. Additional prospecting, mapping and select soil sampling have been carried out in the vicinity of the nickel-in-rock anomalies of East Pie in an attempt to discover the source of these anomalies.
Work on the Mt. Alcock property included a property-scale silt sampling program designed to provide geochemical information from key drainages, infill and extension soil sampling with a total of 259 samples taken at 50 metre spaced intervals along 400 metre spaced lines, and an evaluation of the historical drill core for due diligence purposes. An effort has been taken to preserve the remaining historical drill core from further deterioration. The 100% owned Mt. Alcock property has yielded a historic drill intercept of 8.8 metres grading 9.3% zinc+lead and 1.2 oz per ton silver.
A baseline hydrogeochemistry sampling survey was completed at selected sites on the Pie and Akie claims to assess the viability of this method for evaluating prospectivity across the larger Kechika project area. Field testing gave immediate results, later verified by laboratory analysis of the water samples, suggesting the method is feasible for identifying drainages with barite-in-shales, associated with SEDEX-style zinc-lead mineralization. The highest field concentration of barium sulphate is downstream of the GPS bedded barite showing, located near the Pie-Akie claim boundary. Sites with the three next highest barium sulphate concentrations are all located on the Pie claims. An unexplained, polymetallic signature at the Silver Creek site 8 kilometers upstream of the Cardiac Creek deposit suggests further exploration potential of the test method.
Highlights of the regional work include:
1 Geological mapping and sampling has defined new prospective panels of Gunsteel shale and demonstrated evidence of exhalative mineralization (barite nodules, laminated pyrite).
2 Interpreted Gunsteel shales present at the West Pie property, which also host the GPS bedded barite showing, are situated directly along strike from Teck Resources/Korea Zinc's joint-ventured Cirque deposit.
3 Soil and silt geochemistry surveys were completed and aimed at expanding upon the historical data from earlier work programs.
4 Completed orientation survey using hydrogeochemistry to identify pathfinder barium sulphate to vector into areas with SEDEX style anomalies; shows excellent potential for future surveys.
5 Regional work has firmed up drill targets on the Pie and Mt. Alcock properties. The Mt. Alcock property has yielded a historic drill intercept of 8.8 metres grading 9.3% zinc+lead from 1989 drilling, and there are numerous documented zinc-lead-barite occurrences on the property.
"We are very pleased with the progress made during the 2011 Regional exploration program," commented Mr. Ken MacDonald, Vice President of Exploration for Canada Zinc Metals Corp. "Based on the information gathered, we look forward to initiating a drill program on the Pie and Mt. Alcock properties in 2012."
Ken MacDonald P.Geo., Vice President of Exploration, is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
CANADA ZINC METALS CORP.
"PEEYUSH VARSHNEY"
PEEYUSH VARSHNEY, LL.B
CEO & CHAIRMAN
To view this release as a web page, please click on the following link:
www.usetdas.com/pr/canadazinc01112012.htm
Contact:
Investor Relations
Phone (604) 684-2181
info@canadazincmetals.com
Source: Canada Zinc Metals Corp. (CZX - TSX-V)
Maximum News Dissemination by Filing Services Canada Inc. www.usetdas.com
FSC / Press Release
Canada Zinc Metals Provides Update on Akie Zn-Pb-Ag Project
Vancouver, British Columbia CANADA, January 18, 2012 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to provide an update on the Akie project. The Akie property is the Company's flagship exploration project and is host to the Cardiac Creek SEDEX Zn-Pb-Ag deposit, located approximately 260 kilometers north-northwest of the town of Mackenzie, in northeastern British Columbia, Canada.
2011 Regional Exploration
During 2011, Canada Zinc Metals completed another successful exploration program on the Akie property. A total of 6 diamond drill holes (A-11-92, A-11-93, A-11-95, A-11-96, A-11-98 and A-11-99) were completed on the Cardiac Creek deposit. These holes provided important infill information both up and down-dip of previous holes; and allowed several tests of the strike extent of the high grade trend along the southeastern edge of the deposit. Results from 4 of 6 holes were released in the Company's December 5th and December 28th news releases. The results from the final two holes will be released shortly after all assays have been received and analyzed. Results from 2011 drilling indicate that the mineralization of the deposit remains open to the southeast, to the surface and towards the Cardiac Creek showing, allowing for further expansion of the deposit.
Update of Mineral Resource Estimate Initiated
The company is pleased to announce it has re-engaged SIM Geological Inc. of Delta, BC, to update the Cardiac Creek NI 43-101 compliant block model and recalculate the mineral resource incorporating drill data from 2008, 2010 and 2011. The current inferred mineral resource estimate was released as part of the Technical Report published in 2008, entitled "Technical Report: Geology, Diamond Drilling and Preliminary Resource Estimation, Akie Zinc-Lead-Silver Property, Northeast British Columbia, Canada", dated May 31, 2008 (www.sedar.com). The mineral resource estimate was prepared under the direction of Robert Sim, P.Geo, with the assistance of Bruce Davis, FAusIMM. Mr. Sim is the independent Qualified Person within the meaning of NI 43-101 for the purposes of mineral resource estimate for the Cardiac Creek deposit. The Company anticipates completing this work in late spring and will report, as required by NI 43-101, according to the CIM standards on Mineral Resources and Reserves.
The current inferred mineral resource, as reported in Table 14 of the Technical Report, at a 5% Zn cut-off grade, is 23.6 million tonnes at 7.6% Zn, 1.5% Pb and 13 gpt Ag.
Cardiac Creek Inferred Mineral Resource
-***-
------------------------------------------
Cut-off Ktonnes Zn (%) Pb (%) Ag (gpt)
Grade
(Zn%)
------------------------------------------
2 50,874 5.28 1.00 9.6
3 37,683 6.25 1.22 11.0
4 30,595 6.89 1.36 12.0
5 23,595 7.60 1.50 13.0
6 17,051 8.41 1.68 14.2
7 11,841 9.26 1.86 15.4
------------------------------------------
-****-
* "Base case" cut-off grade of 5.0%Zn highlighted in table.
** Resources are not mineral reserves as the economic viability has not been demonstrated.
Separately, Canada Zinc Metals is also pleased to announce that on Thursday, January 26th, 2012, it has been invited to participate as an Exhibitor at the Map Tent at the 2012 Mineral Exploration Roundup conference being held at the Westin Bayshore Hotel in Vancouver, BC. The Association for Mineral Exploration BC (AME BC) annually hosts this important 4-day exploration conference which is now in its 29th year. Shareholders and investors are encouraged to visit with management and staff to review the latest data and plans. The Map Tent will be located in the foyer outside of the Stanley Park Ballroom on level 2 of the Westin Bayshore and Canada Zinc Metals will be present from 10 am until 5 pm.
Ken MacDonald P.Geo., Vice President of Exploration, is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
CANADA ZINC METALS CORP.
"PEEYUSH VARSHNEY"
PEEYUSH VARSHNEY, LL.B
CEO & CHAIRMAN
To view this release as a web page, please click on the following link:
www.usetdas.com/pr/canadazinc01182012.htm
Contact: Investor Relations
Phone (604) 684-2181)
info@canadazincmetals.com
Source: Canada Zinc Metals Corp. (CZX - TSX-V)
Maximum News Dissemination by Filing Services Canada Inc. www.usetdas.com
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