Canada Zinc Metals (TSXV:CZX) provided an update on the recently completed regional exploration program for the Akie and Kechika projects.
As quoted in the press release:
The Company is pleased to announce that Geotech Ltd., of Aurora, Ontario, has successfully completed a large-scale, 1,526 line kilometre airborne Vertical Time Domain EM (VTEM) geophysical survey over the Akie, Pie and Mt. Alcock properties. The primary goal of the survey was to obtain lithological and structural information near surface and at depth across the three properties, as well as define a geophysical response directly from the Cardiac Creek deposit.
A detailed orientation survey with 100 metre line spacing was conducted over the known extent of the Cardiac Creek deposit. This was intended to test the VTEM technology in the field and determine whether expected information was being acquired. The preliminary results from this orientation survey demonstrated a clear response from the Gunsteel Formation shale panel that is host to the Cardiac Creek deposit. In addition, other lithological boundaries such as the hangingwall siltstone and shale and footwall siltstones of the Road River Group were clearly defined. Interestingly, an unexpected positive response was detected to the east of Silver Creek. Based on the preliminary results from the orientation survey a decision was made to proceed with the remainder of the proposed survey over the broader Akie property, and the Pie and Mt. Alcock properties.
Investing in zinc? Zazu Metals Corporation (TSXV:ZAZ) holds a 50% interest in the Lik Project in Alaska, a joint venture with Teck Resources Limited. The PEA on Lik South estimates that 17.1Mt tonnes of ore milled at an average grade of 7.7% zinc, 2.6% lead and 47 g/t silver would come from the Lik South project.
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