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Canada Zinc Metals Receives Extension for Akie Drill Permit
Canada Zinc Metals Corp. (TSXV:CZX) announced that the Ministry of Energy and Mines has approved an extension to the drill permit for its British Columbia-based Akie property. The permit is now good until December 31, 2020.
Canada Zinc Metals Corp. (TSXV:CZX) announced that the Ministry of Energy and Mines has approved an extension to the drill permit for its British Columbia-based Akie property. The permit is now good until December 31, 2020.
As quoted in the press release:
This latest approval enables the Company to establish long term exploration goals and carry them out in a time effective manner without having to re-apply or renew existing permits on an annual basis. The amended permit provides multi-year approval for drill programs on a number of drill targets on the Akie property, including the Cardiac Creek deposit which will continue to facilitate advanced exploration efforts.
The Company is also pleased to note there was no concurrent increase in the reclamation security bond. The progressive reclamation completed by the Company on an annual basis was recognized by the issuing authority as satisfactory and suitable to maintain the bond at the current levels.
Peeyush Varshney, chairman and CEO of Canada Zinc Metals, commented:
We are very pleased to receive this extended, multi-year area based permit for our planned program at Akie. This is another significant milestone in the advancement of the Cardiac Creek deposit and allows us flexibility to drill test other viable Zn-Pb-Ag mineralization zones on the Akie property.
Click here to read the full Canada Zinc Metals Corp. (TSXV:CZX) press release.
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