Canada Zinc Metals Starts Drill Program at Akie Project

Base Metals Investing

Canada Zinc Metals Corp. (TSXV:CZX) announced that it’s started drilling at its Akie project. It’s planning to complete 5,000 meters of large-diameter HQ drilling there with a focus on resource expansion and the development of new targets.

Canada Zinc Metals Corp. (TSXV:CZX) announced that it’s started drilling at its Akie project. It’s planning to complete 5,000 meters of large-diameter HQ drilling there with a focus on resource expansion and the development of new targets.

Priority drill targets are as follows:

  • The first hole of the program will target an open area down-dip of drill hole A-07-53 and bounded along strike by drill hole A-05-32 and A-07-50. The planned hole will seek to expand the known limits of the high grade core and the extent of the indicated resource. Drill hole A-07-53 returned 27.85 metres of 11.54% combined Zn+Pb including 16.23 metres of 15.15% combined Zn+Pb. Hole A-07-50 returned29.40 metres of 15.78% combined Zn+Pb including 20.98 metres of 20.08% combined Zn+Pb and hole A-05-32 returned 26.70 metres of 14.69% combined Zn+Pb including 11.50 metres of 20.11% combined Zn+Pb (see previous Company press releases; December 21, 2005, January 21, 2008, February 21, 2008; all intervals are reported as core length with % estimates provided of true width; as per the original press release).
  • Pending successful results; four additional holes will continue to test this large open area down-dip of the current indicated resource model
  • Each target has the potential to significantly add to and also extend down-dip the known mineralization associated with the Cardiac Creek deposit.

Peeyush Varshney, president and CEO of Canada Zinc Metals, commented:

We are pleased to have the drill turning so early in the season giving us ample time to complete the targeted drilling on the Cardiac Creek deposit; and allowing us to evaluate new airborne geophysical targets that we can prioritize for drill testing.

Drilling will focus on expanding the indicated resource down-dip of the current model and infill some open zones within the high grade core of the deposit. Ongoing modelling and interpretation of drilling in conjunction with new airborne gravity data will be used to generate multiple new targets that offer near term potential to develop into a new zinc-lead-silver deposits which can provide significant value creation for our shareholders.

The Company is well funded to carry out exploration on a number of its wholly owned properties, and we expect a very busy and exciting year.

Click here to read the full Canada Zinc Metals Corp. (TSXV:CZX) press release.

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