Canadian Zinc Corp. (TSX:CZN,OTCQB:CZICF) released an update on a recently completed underground exploration program at its Northwest Territories-based Prairie Creek mine.
Canadian Zinc Corp. (TSX:CZN,OTCQB:CZICF) released assays from the final seven drill holes completed as part of an underground exploration program at its Northwest Territories-based Prairie Creek mine. All holes “intersected significant mineralization.”
- The northern most hole drilled in 2015, PCU-15-72, returned some of the highest grades and thicknesses of the 2015 drilling program including a vein intercept of 7.5m grading 17.77% Pb, 33.67% Zn, 247 g/t Ag, immediately followed by the intersection of stockwork style mineralization, which overall graded 6.92% Pb, 11.95% Zn, 116 g/t Ag over 24.5m, and subsequently followed by the intersection of a second vein which graded 5.64% Pb, 3.81% Zn and 88 g/t Ag over 4.5m.
- Additional indications of a second vein system, referred to in previous press release, were also intercepted in PCU-15-69 where an initial vein intercept of 10.3m grading 8.48% Pb, 7.81% Zn and 129 g/t Ag was followed 56m further down hole by another vein intercept grading 21.5% Pb, 28.15% Zn and 452 g/t Ag over 13.0m.
- Multiple intercepts of stockwork mineralization were also returned in all targeted holes, including PCU-15-68 where a stockwork interval graded 10.99% Pb, 20.66% Zn, 173 g/t Ag across 4.9m.
- The mineralization system that has been defined in detail during this program remains open-ended to the north, where wide spaced drilling has previously defined an Inferred Vein Resource.