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Canadian Zinc Corp.
Summary
| Project: | South Tally Pond, Tulks South Projects | |
|---|---|---|
| Deposit: | Lemarchant | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 4/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-4-2017: Canadian Zinc Corp. announces an Exploration/Drilling Update report for its Lemarchant deposit at the South Tally Pond, Tulks South Projects project. Drilling results incl. 6m @ 14.06% Zn, 6.27% Pb, 1.88% Cu, 382.9g/t Ag, 2.01g/t Au from 212.3m | |
| 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: | Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) ("the Company" or "Canadian Zinc") is pleased to report the results of the recently completed 2017 winter diamond drill program on its Lemarchant copper-lead-zinc-silver-gold volcanogenic massive sulphide ("VMS") deposit located on the 100%-owned South Tally Pond project in central Newfoundland. Ten drillholes and three drillhole extensions, totaling 3,070 metres were completed at the Lemarchant massive sulphide deposit. "The winter drill program has intersected significant extensions of very good grade base and precious metal massive sulphide mineralization, both up-dip and to the immediate south of the currently defined Lemarchant deposit," commented Michael Vande Guchte, VP Canadian Zinc Corporation. "This new mineralization occurs in areas that remain relatively untested and is expected to add significant tonnage to the currently defined Lemarchant resource. We believe that the Lemarchant deposit is a sizeable volcanogenic massive sulphide system that remains open for expansion" The recently completed central milling metallurgical research program (see news release dated March 7, 2017) concluded that the Lemarchant is a priority deposit for the potential central milling program. The winter drilling program focused on testing for mineralized extensions to the Lemarchant deposit along strike, up-dip and down-dip of the currently defined Lemarchant resource. The drilling successfully extended the Lemarchant mineralization up to 65 metres up-dip on two sections located 125 metres apart and 25 metres along strike to the south. The vertical depths of the mineralized drill intercepts range from 130 -170 metres and remain open for further expansion up-dip and along strike. | |
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