Canada Zinc Metals (CZXMF) 0.1293 $CZXMF
Canada Zinc Metals Announces Completion of Successful Drill Program On Akie Property, Cardiac Creek Deposit
Filing Services Canada - Thu Oct 01, 7:04AM CDT
Canada Zinc Metals Announces Completion of Successful Drill Program On Akie Property, Cardiac Creek Deposit
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals Announces Results of Airborne Gravity Data Interpretation
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Canada Zinc Metals Corp. Announces Warrant Extension
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Canada Zinc Metals Intersects High Grade Zinc Mineralisation including 17.06% Zn+Pb over 12.98 Metres in First Hole of the 2015 Drill Program
Filing Services Canada - Wed Sep 02, 3:01AM CDT
Canada Zinc Metals Intersects High Grade Zinc Mineralisation including 17.06% Zn+Pb over 12.98 Metres in First Hole of the 2015 Drill Program Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that assays results have been received from the first two drill holes of the 2015 Akie drill program. The Company previously announced plans for 5,000 metres of large-diameter HQ diamond drilling on the property focused on resource expansion down-dip of the current indicated resource and expansion of the robust and high-grade zinc-lead-silver system in the central core of the Cardiac Creek deposit (see Press Release dated May 12, 2015). The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika Regional projects. The Companys flagship Akie Project is host to the Cardiac Creek deposit. The Kechika Regional Project includes the Pie, Yuen, Cirque East and Mt. Alcock properties extending northwest from the Akie property for approximately 140 kilometres along the strike of the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-lead-silver deposits in the Kechika Trough of northeastern British Columbia. These projects are located approximately 260 kilometres north northwest of the town of Mackenzie, British Columbia, Canada. 2015 Drill Assay Results Results have been received from the first two drill holes totaling 1,107 metres of a planned 5,000 metre drill program. Results from three additional holes are currently pending. The program is expected to continue into September with several more planned drill holes to be completed. A-15-121 Drill hole A-15-121 targeted the high grade core of the Cardiac Creek deposit with the intended pierce point located approximately 75 metres down-dip of the high grade holes A-05-32, A-07-50, and A-07-53. Previously reported results from these hole include; 26.70 metres of 14.69% Zn+Pb in A-05-32, 29.40 metres of 15.78% Zn+Pb in A-07-50, and 16.23 metres of 15.15% Zn+Pb in A-07-53. The objective of this target was to expand the known high grade mineralisation down-dip and the limits of the 5% Zn cut-off indicated resource. The hole collared into typical black, siliceous Gunsteel Formation shale with several intervals of distal mineralisation consisting of laminar pyrite and nodular barite. The hole transitioned into a broad zone of Gunsteel Formation shale interbedded with increasing amounts of proximal facies mineralisation at a depth of 401.85 metres. The proximal facies mineralisation is characterised by thick beds of very fine grained, laminar pyrite interbedded with occasional bands of very fine grained, grey sphalerite. The Cardiac Creek Zone was intersected at a downhole depth of 433.87 metres and continued to 483.32 metres. The zone is characterised by very thick sulphide beds consisting primarily of fine to very fine grained grey sphalerite, galena and pyrite laminations. Higher grade sections of individual sulphide beds display a mottled texture comprised of sphalerite, galena, quartz and barite. The high grade nature of the Cardiac Creek Zone, as indicated by the mottling textures observed within the mineralisation, was the intended target for this drill hole. Underlying the Cardiac Creek Zone is a strongly mineralised Footwall Zone (FW), intersected from 493.08 to 508.48 metres, and consisting of interbedded sphalerite and galena-enriched, mottled sulphide beds and massive granular barite with minor quartz-carbonate veining. Underlying the Footwall Zone are several beds of massive barite with laminar pyrite and sphalerite enrichment interbedded with shale that extends to 523.06 metres. A 12.46 metre thick massive sulphide lens (MS) was intersected from 523.06 to 535.52 metres comprised primarily of bright brassy yellow pyrite. Central to this sulphide lens is a zone enriched with carbonate and pink to grey sphalerite with galena enrichment. The massive sulphide lens graded into a debris flow cemented by bright brassy yellow pyrite. The hole continued into typical basement lithologies and was shut down at a depth of 554.17 metres. The entire mineralized interval extending from 419.16 to 531.00 metres returned 7.34% combined Zn+Pb and 14.24 g/t Ag over a true width of 64.29 metres. The Cardiac Creek Zone, Footwall Zone and the massive sulphide lens are contained within this extensive envelope of mineralisation. The results from these zones are tabulated below and include 28.51 metres (true width) of 10.22% Zn, 2.34% Pb and 20.45 g/t Ag for a total of 12.56% combined Zn+Pb from the Cardiac Creek zone. Also included within this mineralized interval was 12.98 metres ( true width) of 13.83% Zn , 3.23% Pb and 28.98 g/t Ag for a total of 17.06% combined Zn + Pb. The Footwall zone (FW) returned 8.86 metres (true width) of 8.88% Zn, 1.36% Pb, and 21.51 g/t Ag for a total of 10.24% combined Zn+Pb. The extremely high grade character of the Cardiac Creek and Footwall Zone is evident. Assay results from the zone returned a total of 38 samples grading >10% Zn of which 8 samples, representing an aggregate core length of 5.41 metres, returned values >20% Zn. Lead grades are equally significant with values reaching 6.34% and silver grades reaching 51.5 g/t. Select results are tabulated below. A-15-122 Drill hole A-15-122 targeted the lateral strike extents of the high grade core within the Cardiac Creek deposit with the intended pierce point located between holes A-07-48 and A-08-65 and along strike of A-07-51 with an approximate separation of 75 metres. Previously reported results from these surrounding holes included: 7.04 metres (core length) of 10.14% Zn+Pb in A-07-48, 24.54 metres (core length) of 15.49% Zn+Pb in A-07-51, and 17.82 metres (true width) of 11.77% Zn+Pb in A-08-65. From the collar to a depth of 417.18 metres the hole intersected several intervals of distal mineralisation consisting of very fine grained, laminar pyrite and nodular barite interbedded with black shale. The proximal facies mineralisation was intersected from 417.18 to 487.22 metres and consisted of up to 30 centimetre thick beds of dominantly very fine grained, laminar pyrite, minor nodular barite and rare bands of very fine grained sphalerite. The Cardiac Creek Zone was present from 488.97 to 516.50 metres with a shale interbed from 495.32 to 497.70 metres. Mineralisation is characterised by thick sulphide beds comprised of very fine grained, grey sphalerite, cream colored sphalerite and mottle textured quartz carbonate sphalerite galena. Galena is disseminated within grey sphalerite and mottled mineralisation. The hole was shut down in calcareous siltstone of the Road River Group at a depth of 553.21 meters. A broad envelope of mineralisation is present from 474.45 to 519.30 metres and returned 6.87% combined Zn+Pb and 11.16 g/t Ag over a true width of 39.16 metres. The Cardiac Creek zone returned 10.31% combined Zn+Pb and 14.64 g/t Ag over a true width of 23.36 metres including 12.35 metres (true width) grading 13.62% combined Zn+Pb and 17.92 g/t Ag. These high grade intervals are outlined in the table below. Hole A-15-122 continues to demonstrate the high grade character within the core of the deposit. A total of 16 samples representing an aggregate core length of 12.72 metres returned assays >10% Zn with grades reaching 19.13% Zn. The lead and silver grades are also significant with assays reaching 3.46% Pb and 26.7 g/t Ag. To view this table, please either click on the link below, or copy and paste the link into your browser: (*) The true width is calculated utilising the Gemcom software package. The orientation of the mineralised horizon is estimated to have an azimuth of 130 degrees and a dip of -70 degrees. (FW) = Footwall Zone, (MS) = Massive Sulphide. Peeyush Varshney, President and CEO of the Company stated, "We are excited to announce new drilling results from the Cardiac Creek deposit. The results from hole A-15-121 continue to expand the known high-grade mineralisation within the core of the deposit by approximately 70 metres down-dip of the current limits. Mr. Varshney continued, Assays from the first 2 holes of the 2015 exploration drill program continue to confirm our understanding that the high grade core of the deposit continues laterally and at depth. We are excited to report the results from both holes and especially A-15-121 which returned one of the best intercepts ever obtained from drilling on the deposit. QA/QC Canada Zinc Metals has implemented a rigorous quality assurance/quality control program at the Akie property using best industry practices. All drill core is logged for geology, structure, veining, alteration, mineralisation, and RQD. Sections of sulphide mineralisation are marked for sampling by a geologist and a series of standards, duplicates and blanks are inserted into the sample stream for QA/QC purposes. Prior to the cutting of samples, all core boxes are photographed for due diligence and record keeping purposes. The samples are split by a diamond saw, tagged and bagged and forwarded to Acme Labs (a Bureau Veritas Group Company) of Vancouver, BC, for analysis. Documentation recording the chain of custody is kept for each shipment. Assays for zinc, lead and silver are obtained using Acme Labs AQ270 analytical package with sample digestion using aqua regia solution followed by ICP-ES and ICP-MS analyses. Barium content is determined by Acme Labs LF300 analytical package using LiBO2/LiB4O7 fusion and ACS grade nitric acid followed by ICP-ES analysis. Overlimit values of lead and zinc are rerun using Bureau Veritas AQ371 analytical package using a hot aqua regia solution followed by ICP-ES analyses. Check assays on drill pulps are routinely conducted by ALS Minerals of North Vancouver, BC with their OG46 analytical package using aqua regia digestion and ICP-ES analysis. All remaining drill core is stored at the Akie exploration camp. The Akie Zn-Pb-Ag Project The Akie property is situated within the Kechika Trough, the southernmost area 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 Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead-silver SEDEX mineralisation known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation. The Company has outlined a NI 43-101 compliant mineral resource at Cardiac Creek, including an indicated resource of 12.7 million tonnes grading 8.4% zinc, 1.7% lead and 13.7 g/t silver (at a 5% zinc cut-off grade) and an inferred resource of 16.3 million tonnes grading 7.4% zinc, 1.3% lead and 11.6 g/t silver (at a 5% zinc cut-off grade). 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 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...902015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
CZX.VN: 0.190 (+0.005)
TSX Venture Exchange Daily Bulletins
CNW Group - Wed Jul 22, 3:32PM CDT
TSX VENTURE COMPANIES
Canada Zinc Metals Corp. Announces renewal of Normal Course Issuer Bid
Filing Services Canada - Wed Jul 22, 12:17PM CDT
Canada Zinc Metals Corp. Announces renewal of Normal Course Issuer Bid Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture CZX) (Canada Zinc or the Company) announces that it has filed a Form 5G with the TSX Venture Exchange (TSXV) and received conditional approval to purchase at market price up to 7,620,721 common shares, being approximately 5% of the Companys issued and outstanding common shares, by way of a normal course issuer bid (the Bid) through the facilities of the TSXV. As of the date hereof, there are 152,414,428 Common Shares of the Company issued and outstanding. The Bid will commence on August 1, 2015 and will stay open for 12 months. The Company purchased 149,000 Common Shares under its existing Normal Course Issuer Bid over the past 12 months. The Company is engaging in a normal course issuer bid because it believes that the market price of its Common Shares does not properly reflect the underlying value of the Company. The purpose of the bid is to reduce dilution of the Companys shares and to enhance the potential future value of the Common Shares which remain outstanding, thus increasing long term shareholder value. Purchases connected with this Bid will be conducted through Canaccord Genuity Corp.s offices in Vancouver. The Company will pay the market price of the Common Shares at the time of acquisition and will not purchase more than 2% of the total issued and outstanding common shares within any 30 day period. A copy of the Notice may be obtained by any shareholder of the Company, without charge, by contacting the Companys head office. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. ON BEHALF OF THE BOARD OF DIRECTORS CANADA ZINC METALS CORP. PEEYUSH VARSHNEY PEEYUSH VARSHNEY, LL.B CEO & CHAIRMAN To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...222015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
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Canada Zinc Metals Commences 5,000 Meter Drill Program at Akie
Filing Services Canada XHTML - Thu Jun 18, 2:02PM CDT
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Canada Zinc Metals Commences Exploration Program at Akie
Filing Services Canada - Fri Jun 12, 7:32AM CDT
Canada Zinc Metals Commences Exploration Program at Akie Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that field crews have mobilized to the 100% owned Akie Zinc-Lead-Silver property located in northeast British Columbia to initiate the 2015 exploration drill program. The planned program of 5,000 metres of diamond drilling will target the Cardiac Creek deposit. The primary objective of the program is resource growth, with holes targeting the lower elevations of both the Indicated and Inferred sections of the mineral resource. The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika Regional projects. The Companys flagship Akie Project is host to the Cardiac Creek deposit. The Kechika Regional Project includes the Pie, Yuen, Cirque East and Mt. Alcock properties extending northwest from the Akie property for approximately 140 kilometres along strike of the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-lead-silver deposits in the Kechika Trough of northeastern British Columbia. These projects are located approximately 260 kilometres north northwest of the town of Mackenzie, British Columbia, Canada. The 2015 Exploration Plan The Company previously announced plans for an aggressive 5,000 metre diamond drill program for 2015; with the primary goal of expanding the down-dip extents of the high-grade core to the Cardiac Creek deposit (see Press Release May 12, 2015). The central core represents the highest grade and thickest area of the deposit. The down-dip extent of this high grade core is the primary target area for the 2015 diamond drilling program. The core is currently defined by numerous high grade holes such as A-05-30, A-05-32, A-06-45, A-07-50 and A-07-53. The intercepts from these holes strongly suggest the presence of additional mineralisation of similar tenor at depth. A number of diamond drill holes have been planned to test this target area to determine the extents of the high grade core at depth. Other work planned for the 2015 season includes field assessment of high priority gravity geophysical targets, as determined from the ongoing airborne gravity data interpretation; and focused soil geochemistry in select areas. Environmental studies, including surface and groundwater sampling, are ongoing. The 2015 exploration program is anticipated to continue through to October. Peeyush Varshney, President and CEO of the Company, states, "After a busy winter of data compilation, processing and interpretation of airborne gravity data, and drill planning, we are pleased to be active again on the Akie property. An early spring and snow free-conditions has allowed easy access to the property and we will commence drilling shortly. The camp is open and the drill and field crews are mobilizing to site. We anticipate exciting drill results and expect to have drill results to report over the summer and fall months. The Akie Zn-Pb-Ag Project The Akie property is situated within the Kechika Trough, the southernmost area of the regionally extensive Paleozoic Selwyn Basin and 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 Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation. The Company has outlined a NI 43-101 compliant mineral resource at Cardiac Creek, including an indicated resource of 12.7 million tonnes grading 8.4% zinc, 1.7% lead and 13.7 g/t silver (at a 5% zinc cut-off grade) and an inferred resource of 16.3 million tonnes grading 7.4% zinc, 1.3% lead and 11.6 g/t silver (at a 5% zinc cut-off grade). 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 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...122015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals Plans for 5,000 Meter Drill Program at Akie
Filing Services Canada - Tue May 12, 7:32AM CDT
Canada Zinc Metals Plans for 5,000 Meter Drill Program at Akie Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce its plans for the upcoming 2015 exploration season. The Company has outlined an aggressive 5,000 metre diamond drill program that will focus primarily on its Cardiac Creek deposit with the aim to increase the known size of the deposit and improve the confidence of the current resource categories. The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika Regional projects. The Companys flagship Akie Project is host to the Cardiac Creek deposit. The Kechika Regional Project includes the Pie, Yuen, Cirque East and Mt. Alcock properties extending northwest from the Akie property for approximately 140 kilometres along strike of the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-lead-silver deposits in the Kechika Trough of northeastern British Columbia. These projects are located approximately 260 kilometres north northwest of the town of Mackenzie, British Columbia, Canada. The 2015 Exploration Plan The Companys 2015 exploration program will focus on advancement of the Cardiac Creek stratiform Zn-Pb-Ag deposit. A total of 126 diamond drill holes have been drilled on the Akie property with an aggregate core length of 53,750 metres. A total of 78 drill holes, totaling 36,021 metres, contribute to the current NI 43-101 compliant mineral resource estimate for the Cardiac Creek deposit. An additional 35 drill holes test the Cardiac Creek horizon over a 7 kilometre strike length, or other exploration targets on the property. The Company has planned an aggressive 5,000 metre diamond drill program for 2015, with the primary goal of expanding the down-dip extents of the high-grade core to the Cardiac Creek deposit. Drilling will target a large, open, down-dip zone proximal to high-grade holes such as A-05-30, A-05-32, A-07-43, A-07-50, and A-07-53. Additional follow-up targets will be considered based on the evaluation of the drill results. The recently acquired airborne gravity data, in conjunction with airborne VTEM data and a revised regional geological base map, will be used to prioritize other property-scale targets such as the North Lead Zone and the Sitka Showing. At this time, it is expected that the geological staff and drill crew will mobilize in early June with drilling to begin shortly thereafter. The program is expected to continue through to September. In addition, the Company is pleased to announce it is now in receipt of final data from the recently completed Heli-Falcon airborne gravity gradiometry survey, flown by CGG over the Akie, Mt. Alcock, and Yuen North properties. The Company has engaged Campbell and Walker Geophysics Ltd. of North Vancouver, BC, to assess the data in conjunction with the recent VTEM and other geological datasets in order to generate a series of high priority targets to be tested promptly or in subsequent exploration programs. Peeyush Varshney, President and CEO, of the Company states, "The 2015 exploration program will focus mainly on our flagship Akie project and the Cardiac Creek deposit. Results from the 2013 and 2014 drilling on the deposit represented an expansion of known mineralization both along strike and up-dip. We believe that this seasons targeted drilling will increase the dimensions and level of confidence in the resource down-dip. The results will ultimately help plan subsequent stages of exploration on the Akie property and development of the deposit. We strongly believe the recent upturn in the price of zinc is signaling the beginning of the long-expected dramatic decline in global zinc inventories and lack of new supply. In the face of the looming zinc shortage, Canada Zinc Metals is positioned as a premier zinc explorer with a world-class zinc deposit situated in a geopolitically and financially stable jurisdiction. The Akie Zn-Pb-Ag Project The Akie property is situated within the Kechika Trough, the southernmost area of the regionally extensive Paleozoic Selwyn Basin and 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 Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation. The Company has outlined a NI 43-101 compliant mineral resource at Cardiac Creek, including an indicated resource of 12.7 million tonnes grading 8.4% zinc, 1.7% lead and 13.7 g/t silver (at a 5% zinc cut-off grade) and an inferred resource of 16.3 million tonnes grading 7.4% zinc, 1.3% lead and 11.6 g/t silver (at a 5% zinc cut-off grade). 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 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...122015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals – Exhibiting at Mineral Exploration Roundup 2015
Filing Services Canada XHTML - Tue Jan 20, 7:02AM CST
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Canada Zinc Metals Moves Ahead with Large Airborne Geophysical Survey
Filing Services Canada XHTML - Mon Nov 17, 11:45AM CST
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Canada Zinc Metals Announces Completion of Successful Drill Program On Akie Property, Cardiac Creek Deposit
Filing Services Canada - Thu Oct 01, 7:04AM CDT
Canada Zinc Metals Announces Completion of Successful Drill Program On Akie Property, Cardiac Creek Deposit
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals Announces Results of Airborne Gravity Data Interpretation
Filing Services Canada XHTML - Thu Sep 17, 11:42AM CDT
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals Corp. Announces Warrant Extension
Filing Services Canada XHTML - Wed Sep 16, 1:29PM CDT
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Canada Zinc Metals Intersects High Grade Zinc Mineralisation including 17.06% Zn+Pb over 12.98 Metres in First Hole of the 2015 Drill Program
Filing Services Canada - Wed Sep 02, 3:01AM CDT
Canada Zinc Metals Intersects High Grade Zinc Mineralisation including 17.06% Zn+Pb over 12.98 Metres in First Hole of the 2015 Drill Program Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that assays results have been received from the first two drill holes of the 2015 Akie drill program. The Company previously announced plans for 5,000 metres of large-diameter HQ diamond drilling on the property focused on resource expansion down-dip of the current indicated resource and expansion of the robust and high-grade zinc-lead-silver system in the central core of the Cardiac Creek deposit (see Press Release dated May 12, 2015). The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika Regional projects. The Companys flagship Akie Project is host to the Cardiac Creek deposit. The Kechika Regional Project includes the Pie, Yuen, Cirque East and Mt. Alcock properties extending northwest from the Akie property for approximately 140 kilometres along the strike of the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-lead-silver deposits in the Kechika Trough of northeastern British Columbia. These projects are located approximately 260 kilometres north northwest of the town of Mackenzie, British Columbia, Canada. 2015 Drill Assay Results Results have been received from the first two drill holes totaling 1,107 metres of a planned 5,000 metre drill program. Results from three additional holes are currently pending. The program is expected to continue into September with several more planned drill holes to be completed. A-15-121 Drill hole A-15-121 targeted the high grade core of the Cardiac Creek deposit with the intended pierce point located approximately 75 metres down-dip of the high grade holes A-05-32, A-07-50, and A-07-53. Previously reported results from these hole include; 26.70 metres of 14.69% Zn+Pb in A-05-32, 29.40 metres of 15.78% Zn+Pb in A-07-50, and 16.23 metres of 15.15% Zn+Pb in A-07-53. The objective of this target was to expand the known high grade mineralisation down-dip and the limits of the 5% Zn cut-off indicated resource. The hole collared into typical black, siliceous Gunsteel Formation shale with several intervals of distal mineralisation consisting of laminar pyrite and nodular barite. The hole transitioned into a broad zone of Gunsteel Formation shale interbedded with increasing amounts of proximal facies mineralisation at a depth of 401.85 metres. The proximal facies mineralisation is characterised by thick beds of very fine grained, laminar pyrite interbedded with occasional bands of very fine grained, grey sphalerite. The Cardiac Creek Zone was intersected at a downhole depth of 433.87 metres and continued to 483.32 metres. The zone is characterised by very thick sulphide beds consisting primarily of fine to very fine grained grey sphalerite, galena and pyrite laminations. Higher grade sections of individual sulphide beds display a mottled texture comprised of sphalerite, galena, quartz and barite. The high grade nature of the Cardiac Creek Zone, as indicated by the mottling textures observed within the mineralisation, was the intended target for this drill hole. Underlying the Cardiac Creek Zone is a strongly mineralised Footwall Zone (FW), intersected from 493.08 to 508.48 metres, and consisting of interbedded sphalerite and galena-enriched, mottled sulphide beds and massive granular barite with minor quartz-carbonate veining. Underlying the Footwall Zone are several beds of massive barite with laminar pyrite and sphalerite enrichment interbedded with shale that extends to 523.06 metres. A 12.46 metre thick massive sulphide lens (MS) was intersected from 523.06 to 535.52 metres comprised primarily of bright brassy yellow pyrite. Central to this sulphide lens is a zone enriched with carbonate and pink to grey sphalerite with galena enrichment. The massive sulphide lens graded into a debris flow cemented by bright brassy yellow pyrite. The hole continued into typical basement lithologies and was shut down at a depth of 554.17 metres. The entire mineralized interval extending from 419.16 to 531.00 metres returned 7.34% combined Zn+Pb and 14.24 g/t Ag over a true width of 64.29 metres. The Cardiac Creek Zone, Footwall Zone and the massive sulphide lens are contained within this extensive envelope of mineralisation. The results from these zones are tabulated below and include 28.51 metres (true width) of 10.22% Zn, 2.34% Pb and 20.45 g/t Ag for a total of 12.56% combined Zn+Pb from the Cardiac Creek zone. Also included within this mineralized interval was 12.98 metres ( true width) of 13.83% Zn , 3.23% Pb and 28.98 g/t Ag for a total of 17.06% combined Zn + Pb. The Footwall zone (FW) returned 8.86 metres (true width) of 8.88% Zn, 1.36% Pb, and 21.51 g/t Ag for a total of 10.24% combined Zn+Pb. The extremely high grade character of the Cardiac Creek and Footwall Zone is evident. Assay results from the zone returned a total of 38 samples grading >10% Zn of which 8 samples, representing an aggregate core length of 5.41 metres, returned values >20% Zn. Lead grades are equally significant with values reaching 6.34% and silver grades reaching 51.5 g/t. Select results are tabulated below. A-15-122 Drill hole A-15-122 targeted the lateral strike extents of the high grade core within the Cardiac Creek deposit with the intended pierce point located between holes A-07-48 and A-08-65 and along strike of A-07-51 with an approximate separation of 75 metres. Previously reported results from these surrounding holes included: 7.04 metres (core length) of 10.14% Zn+Pb in A-07-48, 24.54 metres (core length) of 15.49% Zn+Pb in A-07-51, and 17.82 metres (true width) of 11.77% Zn+Pb in A-08-65. From the collar to a depth of 417.18 metres the hole intersected several intervals of distal mineralisation consisting of very fine grained, laminar pyrite and nodular barite interbedded with black shale. The proximal facies mineralisation was intersected from 417.18 to 487.22 metres and consisted of up to 30 centimetre thick beds of dominantly very fine grained, laminar pyrite, minor nodular barite and rare bands of very fine grained sphalerite. The Cardiac Creek Zone was present from 488.97 to 516.50 metres with a shale interbed from 495.32 to 497.70 metres. Mineralisation is characterised by thick sulphide beds comprised of very fine grained, grey sphalerite, cream colored sphalerite and mottle textured quartz carbonate sphalerite galena. Galena is disseminated within grey sphalerite and mottled mineralisation. The hole was shut down in calcareous siltstone of the Road River Group at a depth of 553.21 meters. A broad envelope of mineralisation is present from 474.45 to 519.30 metres and returned 6.87% combined Zn+Pb and 11.16 g/t Ag over a true width of 39.16 metres. The Cardiac Creek zone returned 10.31% combined Zn+Pb and 14.64 g/t Ag over a true width of 23.36 metres including 12.35 metres (true width) grading 13.62% combined Zn+Pb and 17.92 g/t Ag. These high grade intervals are outlined in the table below. Hole A-15-122 continues to demonstrate the high grade character within the core of the deposit. A total of 16 samples representing an aggregate core length of 12.72 metres returned assays >10% Zn with grades reaching 19.13% Zn. The lead and silver grades are also significant with assays reaching 3.46% Pb and 26.7 g/t Ag. To view this table, please either click on the link below, or copy and paste the link into your browser: (*) The true width is calculated utilising the Gemcom software package. The orientation of the mineralised horizon is estimated to have an azimuth of 130 degrees and a dip of -70 degrees. (FW) = Footwall Zone, (MS) = Massive Sulphide. Peeyush Varshney, President and CEO of the Company stated, "We are excited to announce new drilling results from the Cardiac Creek deposit. The results from hole A-15-121 continue to expand the known high-grade mineralisation within the core of the deposit by approximately 70 metres down-dip of the current limits. Mr. Varshney continued, Assays from the first 2 holes of the 2015 exploration drill program continue to confirm our understanding that the high grade core of the deposit continues laterally and at depth. We are excited to report the results from both holes and especially A-15-121 which returned one of the best intercepts ever obtained from drilling on the deposit. QA/QC Canada Zinc Metals has implemented a rigorous quality assurance/quality control program at the Akie property using best industry practices. All drill core is logged for geology, structure, veining, alteration, mineralisation, and RQD. Sections of sulphide mineralisation are marked for sampling by a geologist and a series of standards, duplicates and blanks are inserted into the sample stream for QA/QC purposes. Prior to the cutting of samples, all core boxes are photographed for due diligence and record keeping purposes. The samples are split by a diamond saw, tagged and bagged and forwarded to Acme Labs (a Bureau Veritas Group Company) of Vancouver, BC, for analysis. Documentation recording the chain of custody is kept for each shipment. Assays for zinc, lead and silver are obtained using Acme Labs AQ270 analytical package with sample digestion using aqua regia solution followed by ICP-ES and ICP-MS analyses. Barium content is determined by Acme Labs LF300 analytical package using LiBO2/LiB4O7 fusion and ACS grade nitric acid followed by ICP-ES analysis. Overlimit values of lead and zinc are rerun using Bureau Veritas AQ371 analytical package using a hot aqua regia solution followed by ICP-ES analyses. Check assays on drill pulps are routinely conducted by ALS Minerals of North Vancouver, BC with their OG46 analytical package using aqua regia digestion and ICP-ES analysis. All remaining drill core is stored at the Akie exploration camp. The Akie Zn-Pb-Ag Project The Akie property is situated within the Kechika Trough, the southernmost area 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 Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead-silver SEDEX mineralisation known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation. The Company has outlined a NI 43-101 compliant mineral resource at Cardiac Creek, including an indicated resource of 12.7 million tonnes grading 8.4% zinc, 1.7% lead and 13.7 g/t silver (at a 5% zinc cut-off grade) and an inferred resource of 16.3 million tonnes grading 7.4% zinc, 1.3% lead and 11.6 g/t silver (at a 5% zinc cut-off grade). 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 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...902015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
CZX.VN: 0.190 (+0.005)
TSX Venture Exchange Daily Bulletins
CNW Group - Wed Jul 22, 3:32PM CDT
TSX VENTURE COMPANIES
Canada Zinc Metals Corp. Announces renewal of Normal Course Issuer Bid
Filing Services Canada - Wed Jul 22, 12:17PM CDT
Canada Zinc Metals Corp. Announces renewal of Normal Course Issuer Bid Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture CZX) (Canada Zinc or the Company) announces that it has filed a Form 5G with the TSX Venture Exchange (TSXV) and received conditional approval to purchase at market price up to 7,620,721 common shares, being approximately 5% of the Companys issued and outstanding common shares, by way of a normal course issuer bid (the Bid) through the facilities of the TSXV. As of the date hereof, there are 152,414,428 Common Shares of the Company issued and outstanding. The Bid will commence on August 1, 2015 and will stay open for 12 months. The Company purchased 149,000 Common Shares under its existing Normal Course Issuer Bid over the past 12 months. The Company is engaging in a normal course issuer bid because it believes that the market price of its Common Shares does not properly reflect the underlying value of the Company. The purpose of the bid is to reduce dilution of the Companys shares and to enhance the potential future value of the Common Shares which remain outstanding, thus increasing long term shareholder value. Purchases connected with this Bid will be conducted through Canaccord Genuity Corp.s offices in Vancouver. The Company will pay the market price of the Common Shares at the time of acquisition and will not purchase more than 2% of the total issued and outstanding common shares within any 30 day period. A copy of the Notice may be obtained by any shareholder of the Company, without charge, by contacting the Companys head office. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. ON BEHALF OF THE BOARD OF DIRECTORS CANADA ZINC METALS CORP. PEEYUSH VARSHNEY PEEYUSH VARSHNEY, LL.B CEO & CHAIRMAN To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...222015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals Commences 5,000 Meter Drill Program at Akie
Filing Services Canada XHTML - Thu Jun 18, 2:02PM CDT
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals Commences Exploration Program at Akie
Filing Services Canada - Fri Jun 12, 7:32AM CDT
Canada Zinc Metals Commences Exploration Program at Akie Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that field crews have mobilized to the 100% owned Akie Zinc-Lead-Silver property located in northeast British Columbia to initiate the 2015 exploration drill program. The planned program of 5,000 metres of diamond drilling will target the Cardiac Creek deposit. The primary objective of the program is resource growth, with holes targeting the lower elevations of both the Indicated and Inferred sections of the mineral resource. The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika Regional projects. The Companys flagship Akie Project is host to the Cardiac Creek deposit. The Kechika Regional Project includes the Pie, Yuen, Cirque East and Mt. Alcock properties extending northwest from the Akie property for approximately 140 kilometres along strike of the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-lead-silver deposits in the Kechika Trough of northeastern British Columbia. These projects are located approximately 260 kilometres north northwest of the town of Mackenzie, British Columbia, Canada. The 2015 Exploration Plan The Company previously announced plans for an aggressive 5,000 metre diamond drill program for 2015; with the primary goal of expanding the down-dip extents of the high-grade core to the Cardiac Creek deposit (see Press Release May 12, 2015). The central core represents the highest grade and thickest area of the deposit. The down-dip extent of this high grade core is the primary target area for the 2015 diamond drilling program. The core is currently defined by numerous high grade holes such as A-05-30, A-05-32, A-06-45, A-07-50 and A-07-53. The intercepts from these holes strongly suggest the presence of additional mineralisation of similar tenor at depth. A number of diamond drill holes have been planned to test this target area to determine the extents of the high grade core at depth. Other work planned for the 2015 season includes field assessment of high priority gravity geophysical targets, as determined from the ongoing airborne gravity data interpretation; and focused soil geochemistry in select areas. Environmental studies, including surface and groundwater sampling, are ongoing. The 2015 exploration program is anticipated to continue through to October. Peeyush Varshney, President and CEO of the Company, states, "After a busy winter of data compilation, processing and interpretation of airborne gravity data, and drill planning, we are pleased to be active again on the Akie property. An early spring and snow free-conditions has allowed easy access to the property and we will commence drilling shortly. The camp is open and the drill and field crews are mobilizing to site. We anticipate exciting drill results and expect to have drill results to report over the summer and fall months. The Akie Zn-Pb-Ag Project The Akie property is situated within the Kechika Trough, the southernmost area of the regionally extensive Paleozoic Selwyn Basin and 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 Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation. The Company has outlined a NI 43-101 compliant mineral resource at Cardiac Creek, including an indicated resource of 12.7 million tonnes grading 8.4% zinc, 1.7% lead and 13.7 g/t silver (at a 5% zinc cut-off grade) and an inferred resource of 16.3 million tonnes grading 7.4% zinc, 1.3% lead and 11.6 g/t silver (at a 5% zinc cut-off grade). 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 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...122015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals Plans for 5,000 Meter Drill Program at Akie
Filing Services Canada - Tue May 12, 7:32AM CDT
Canada Zinc Metals Plans for 5,000 Meter Drill Program at Akie Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce its plans for the upcoming 2015 exploration season. The Company has outlined an aggressive 5,000 metre diamond drill program that will focus primarily on its Cardiac Creek deposit with the aim to increase the known size of the deposit and improve the confidence of the current resource categories. The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika Regional projects. The Companys flagship Akie Project is host to the Cardiac Creek deposit. The Kechika Regional Project includes the Pie, Yuen, Cirque East and Mt. Alcock properties extending northwest from the Akie property for approximately 140 kilometres along strike of the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-lead-silver deposits in the Kechika Trough of northeastern British Columbia. These projects are located approximately 260 kilometres north northwest of the town of Mackenzie, British Columbia, Canada. The 2015 Exploration Plan The Companys 2015 exploration program will focus on advancement of the Cardiac Creek stratiform Zn-Pb-Ag deposit. A total of 126 diamond drill holes have been drilled on the Akie property with an aggregate core length of 53,750 metres. A total of 78 drill holes, totaling 36,021 metres, contribute to the current NI 43-101 compliant mineral resource estimate for the Cardiac Creek deposit. An additional 35 drill holes test the Cardiac Creek horizon over a 7 kilometre strike length, or other exploration targets on the property. The Company has planned an aggressive 5,000 metre diamond drill program for 2015, with the primary goal of expanding the down-dip extents of the high-grade core to the Cardiac Creek deposit. Drilling will target a large, open, down-dip zone proximal to high-grade holes such as A-05-30, A-05-32, A-07-43, A-07-50, and A-07-53. Additional follow-up targets will be considered based on the evaluation of the drill results. The recently acquired airborne gravity data, in conjunction with airborne VTEM data and a revised regional geological base map, will be used to prioritize other property-scale targets such as the North Lead Zone and the Sitka Showing. At this time, it is expected that the geological staff and drill crew will mobilize in early June with drilling to begin shortly thereafter. The program is expected to continue through to September. In addition, the Company is pleased to announce it is now in receipt of final data from the recently completed Heli-Falcon airborne gravity gradiometry survey, flown by CGG over the Akie, Mt. Alcock, and Yuen North properties. The Company has engaged Campbell and Walker Geophysics Ltd. of North Vancouver, BC, to assess the data in conjunction with the recent VTEM and other geological datasets in order to generate a series of high priority targets to be tested promptly or in subsequent exploration programs. Peeyush Varshney, President and CEO, of the Company states, "The 2015 exploration program will focus mainly on our flagship Akie project and the Cardiac Creek deposit. Results from the 2013 and 2014 drilling on the deposit represented an expansion of known mineralization both along strike and up-dip. We believe that this seasons targeted drilling will increase the dimensions and level of confidence in the resource down-dip. The results will ultimately help plan subsequent stages of exploration on the Akie property and development of the deposit. We strongly believe the recent upturn in the price of zinc is signaling the beginning of the long-expected dramatic decline in global zinc inventories and lack of new supply. In the face of the looming zinc shortage, Canada Zinc Metals is positioned as a premier zinc explorer with a world-class zinc deposit situated in a geopolitically and financially stable jurisdiction. The Akie Zn-Pb-Ag Project The Akie property is situated within the Kechika Trough, the southernmost area of the regionally extensive Paleozoic Selwyn Basin and 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 Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation. The Company has outlined a NI 43-101 compliant mineral resource at Cardiac Creek, including an indicated resource of 12.7 million tonnes grading 8.4% zinc, 1.7% lead and 13.7 g/t silver (at a 5% zinc cut-off grade) and an inferred resource of 16.3 million tonnes grading 7.4% zinc, 1.3% lead and 11.6 g/t silver (at a 5% zinc cut-off grade). 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 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...122015.pdf Source: Canada Zinc Metals Corp. (TSX Venture:CZX) http://www.canadazincmetals.com Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
CZX.VN: 0.190 (+0.005)
Canada Zinc Metals – Exhibiting at Mineral Exploration Roundup 2015
Filing Services Canada XHTML - Tue Jan 20, 7:02AM CST
CZX.VN: 0.190 (+0.005), TCK: 7.46 (+0.15)
Canada Zinc Metals Moves Ahead with Large Airborne Geophysical Survey
Filing Services Canada XHTML - Mon Nov 17, 11:45AM CST
CZX.VN: 0.190 (+0.005)
