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Project: | Akie | |
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Deposit: | Cardiac Creek | |
Location: | Canada | |
Commodities: | Zinc-Lead-Silver | |
Date: | 11/20/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 20-11-2017: Canada Zinc Metals Corp. announces an Exploration/Drilling Update report for its Cardiac Creek deposit at the Akie project. Drilling results incl. 60.67m @ 5.55% Zn, 1.06% Pb, 10g/t Ag from 581.84m. Vancouver, British Columbia, Canada – Monday | |
Resources: | (Resource, Ind.): 19.6Mt @ 8.2% Zn, 1.6% Pb, 13.6g/t Ag at Cardiac Creek | |
CP/QP: | [Overall Report]: Ken MacDonald (Internal) | |
ABSTRACT: | Vancouver, British Columbia, Canada – Monday, November 20, 2017 – Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce the final drill results from the 2017 Akie drill program. The program focused on resource expansion and new target development on the robust and highgrade central core of the Zn-Pb-Ag Cardiac Creek deposit. The program commenced in June and was completed in late August using two drills. A total of 8 drill holes were successfully drilled on the Cardiac Creek deposit for a total of 4,700 metres. Mr. Peeyush Varshney, CEO of Canada Zinc Metals, commented: “We continued to be extremely pleased by the results we are seeing from the Cardiac Creek Zone both at depth and along strike to the NW. The mineralisation intersected from the Footwall Zone in hole 142 represents the highest-grade material ever intersected from that zone and mineralisation present in hole 143 continues to expand the limits of the high-grade core into an area that has seen limited drilling. We look forward to incorporating the results from the 2017 drilling program into our models as we move into the assessment and planning phase.” The Company has engaged independent Qualified Person Robert Sim, P.Geo., to update the mineral resource estimate for the Cardiac Creek deposit. The work is expected to be complete before the end of the year. The current resource estimate for the Cardiac Creek deposit was presented in the NI 43-101 Technical Report dated June 28, 2016, with an effective date of May 16, 2016. The 2017 drilling program has provided eight additional intercepts into the deposit. | |
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