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Canada Zinc Metals Updates on Properties Optioned by Teck
Canada Zinc Metals Corp. (TSXV:CZX) announced that it’s received a technical report from Teck Resources Ltd. (TSX:TCK.B,NYSE:TCK).
Canada Zinc Metals Corp. (TSXV:CZX) announced that it’s received a technical report from Teck Resources Ltd. (TSX:TCK.B,NYSE:TCK).
The report summarizes the results of a second-year program on the Pie-Yuen-Cirque East properties, which Teck and its partner, Korea Zinc Co. Ltd. (KRX:010130), have optioned from Canada Zinc Metals.
The company also commented on plans for 2016:
In 2016, an exploration program is being considered to continue target development through evaluation of airborne AGG/VTEM survey data and collection of additional ground gravity and lithogeochemical data to define drill-ready targets. Further internal processing and interpretation of both airborne and ground gravity datasets is ongoing and will assist with planning for 2016. Additional work could include more extensive surface mapping, prospecting, further definition of soil anomalies, additional ground gravity surveys, and drill-testing of top priority targets. A new, large (2.2 by 0.5 km) Pb, Zn, Ag and Hg anomaly identified at China Ridge-Yuen North will be a priority area for target development work.
Ken MacDonald, vice president of exploration at Canada Zinc Metals, commented:
We are very pleased with the sound and aggressive exploration progress that Teck has made on the Pie Option properties. We look forward to the next key exploration milestones which will include drill testing on the highest priority targets.
Click here to read the full Canada Zinc Metals Corp. (TSXV:CZX) press release.
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