Canada Zinc Metals Corp. - Exhibiting at Cambridge House Investment Conference and 2013 Mineral Exploration Roundup
16.01.2013 | FSCwire
Vancouver, Jan 16, 2013 - Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to announce that it will be exhibiting at Cambridge House International Inc.'s "2013 World Resource Investment Conference", being held at the Vancouver Convention Centre at 1055 Canada Place, Vancouver, BC, from Sunday, January 20 to Monday, January 21, 2013.Canada Zinc Metals extends an invitation to all attendees to visit Booth #1031. The Company will be handing out information brochures as well as displaying some of the high grade drill core obtained from the exploration programs at the Company's flagship Akie property.
The Company is also pleased to announce that on Tuesday, January 29th, 2013, the Company will be an exhibitor at the Map Tent at the 2013 Mineral Exploration Roundup conference being held at the Westin Bayshore hotel in Vancouver, BC.
The Association for Mineral Exploration BC (www.amebc.ca) annually hosts this important 4-day exploration conference which is now in its 30th year. Shareholders and investors are encouraged to visit with management and staff to review the latest exploration data, including the results of the 2012 airborne VTEM survey. The Map Tent will be located in the foyer outside of the Stanley Park Ballroom on level 2 of the Westin Bayshore and staff from the Company will be present from 10 am until 5 pm.
Significant shareholders of the Canada Zinc Metals include Tongling Nonferrous Metals Group Holdings Co. Ltd. and Lundin Mining Corporation.
About the Akie Property
The Akie zinc-lead property is situated within the southern-most part (Kechika Trough) of the regionally extensive Paleozoic Selwyn Basin, one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits.
Drilling on the Akie property by Inmet Mining Corporation during the period 1994 to 1996 and by Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization (Cardiac Creek deposit). The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian 'Gunsteel' formation. The Company has outlined a NI 43-101 compliant inferred resource of 23.6 million tonnes grading 7.6% zinc, 1.5% lead and 13.0 g/t silver (at a 5% zinc cut off grade).
Two similar deposits, Cirque and Cirque South Cirque, located some 20 km northwest of Akie and owned under a joint venture by Teck Resources and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in excess of 50 million tonnes (not 43-101 compliant) grading approximately 10% combined zinc + lead.
In addition to the Akie property, Canada Zinc Metals Corp. controls a large contiguous group of claims which comprise the Kechika Regional project. These claims are underlain by geology identical to that on the Akie property (Cardiac Creek deposit) and Cirque. This project includes the 100% owned Mt. Alcock property, which has yielded a historic drill intercept of 8.8 metres grading 9.3% zinc+lead, numerous zinc-lead-barite occurrences, and several regional base metal anomalies.
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