2013-02-27 14:34:31 -
Vancouver, British Columbia CANADA, February 27, 2013 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to announce it will be participating in the 2013 PDAC Conference (www.pdac.ca) being held March 3-6th, 2013 at the South Building of the Metro Toronto Convention Centre. PDAC is the world's premier mining investment convention, trade show and exchange for investors.
The Company will be exhibiting at Booth #3336 on the Investors Exchange floor, and cordially invites its shareholders and investors to visit with management and staff over the 4-day period.
In addition, Mr. Peeyush Varshney, Chairman and CEO, has been invited to give a corporate presentation to interested shareholders and new prospective investors on Monday March 4th at 10:40 am
in Room 802AB.
Further, exploration staff will be presenting exploration data and drill core from the Company's flagship Akie Zn-Pb-Ag property at the PDAC Core Shack in Session A (Booth # 5016 on Sunday, March 3 and Monday, March 4).
About the Akie Property
The Akie zinc-lead property is situated within the southernmost area (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 siliceous, carbonaceous, 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% Zn+Pb.
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% Zn+Pb, 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, LL.B
CEO & CHAIRMAN
Phone (604) 684-2181
This release is available as a PDF. To view the PDF, please click on the following link:
Source: Canada Zinc Metals Corp. (CZX - TSX-V)
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