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Canadian Zinc Corp.
Summary
| Project: | South Tally Pond | |
|---|---|---|
| Deposit: | Lemarchant | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 8/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-8-2017: Canadian Zinc Corp. announces an Exploration/Drilling Update report for its Lemarchant deposit at the South Tally Pond project. Drilling results incl. 7.5m @ 14.41% Zn, 3.41% Pb, 2.40% Cu, 576.9g/t Ag, 1.06g/t Au from 210.6m. VANCOUVER, Aug. 14 | |
| Resources: | (Resource): 1.24Mt @ 59.17g/t Ag (Ind.) and 1.34Mt @ 50.41g/t Ag (Inf.) at Lemarchant | |
| CP/QP: | [Overall Report]: Michael J. Vande Guchte (Internal) | |
| ABSTRACT: | VANCOUVER, Aug. 14, 2017 /CNW/ - Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) is pleased to report positive results from its ongoing diamond drill exploration program on the Lemarchant zinc-lead-copper-silver-gold volcanogenic massive sulphide deposit, located on the 100%-owned South Tally Pond project in central Newfoundland. Twenty-one drillholes, totaling 4,275 metres, have now been completed with assay results received for the first 11 drillholes. Six drillholes reported significant mineralization further extending the up-dip Main Zone massive sulphide mineralization of the Lemarchant deposit. One infill drillhole intersected significant grades within the Main Zone, with three drillholes intersecting lower grade mineralization in the footwall zone. "We are very pleased with the summer drilling results which has continued to extend the massive sulphide mineralization up-dip at the Lemarchant deposit with some excellent grades and widths. The 2017 winter and summer drilling programs have now outlined a significant up-dip extension to the Lemarchant deposit over a 200 metre strike length", stated Mike Vande Guchte, VP Exploration Newfoundland for Canadian Zinc Corporation. "The single infill drillhole, LM17-126 represents one of the better intercepts drilled to date at Lemarchant and further highlights the high grade nature of the deposit". The summer drill program has focused on further testing and defining the up-dip mineralization at the Lemarchant deposit discovered during the 2017 winter drill program (see CZN news release April 18, 2017). The new drilling has continued to successfully extend the Lemarchant Main Zone massive sulphide mineralization up-dip, by up to 80 metres on sections 101+75N through 103+25N (150 metres strike length). The up-dip mineralization typically has a well-developed footwall alteration zone with local zones of intense hydrothermal alteration and stringer mineralization. The vertical depths of the new mineralized drill intercepts range from 120 to 170 metres. | |
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