For thousands of other reports visit RSC's Mineral Intellingence Map

Canadian Zinc Corp.

opaxe

Summary

Project:

South Tally Pond

Deposit:Lemarchant
Location:Canada
Commodities:Zinc-Lead-Copper-Silver-Gold
Date:3/5/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:5-3-2018: Canadian Zinc Corp. announces an Exploration/Drilling Update report for its Lemarchant deposit at the South Tally Pond project. Drilling results incl. 4.25m @ 1.89% Zn, 0.27% Pb, 2.36% Cu, 23.19g/t Ag, 0.19g/t Au from 170.5m. VANCOUVER, March 5,
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Michael J. Vande Guchte (Internal)
ABSTRACT:VANCOUVER, March 5, 2018 /CNW/ - Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) is pleased to report the remaining results of its 2017 diamond drill exploration program on the Lemarchant zinc-lead-copper-silver-gold volcanogenic massive sulphide deposit and drill results for two priority base metal prospects, all located on the 100%-owned South Tally Pond VMS project in central Newfoundland. The 2017 drill program at the Lemarchant deposit, totaling 48 drillholes for 12,422 metres, has successfully extended the Lemarchant deposit mineralization. Drilling at the Lemarchant Main Zone has extended the mineralization up-dip, by up to 80 metres over a 250-metre strike length at vertical depths of 120 to 170 metres below surface. Drilling at the Lemarchant Northwest Zone has extended the mineralization by up to 50 metres along strike to the north and south. Results of the 2017 drilling are provided in previous news releases with results from the remaining 8 drillholes provided below. "We are very pleased and encouraged with the drill results from the 2017 drill program at the South Tally Pond project. Our first priority was to find extensions to the mineralization at the Lemarchant deposit and we have successfully accomplished that goal with the 2017 drill program. In addition, we tested two priority base metal prospects on the South Tally Pond project with encouraging geological results," stated Michael Vande Guchte, VP Exploration NL. "We look forward to an updated Lemarchant Mineral Resource Estimate in 2018 and to begin testing interpretations from the Lemarchant structural study". The remaining 8 drillholes (3,113 metres) of the 2017 drill program at Lemarchant tested for additional south extensions to the Main Zone and extensions to the Northwest Zone. Results are summarized below.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report