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Canada Zinc Metals Releases Initial 2015 Drill Results from Akie
Canada Zinc Metals Corp. (TSXV:CZX) released assay results for the first two holes completed as part of a 2015 drill program taking place at its Akie project.
Canada Zinc Metals Corp. (TSXV:CZX) released assay results for the first two holes completed as part of a 2015 drill program taking place at its Akie project.
Akie is the company’s flagship project and hosts the Cardiac Creek deposit. The two drill holes total 1,107 meters and the full drill program is expected to consist of 5,000 meters. Currently results from three other holes are pending.
Results from hole A-15-121 are as follows:
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 was12.98 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.
Here are results from hole A-15-122:
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.
Peeyush Varshney, president and CEO of Canada Zinc Metals, commented:
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.
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
Click here to read the full Canada Zinc Metals Corp. (TSXV:CZX) press release.
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