Canadian Zinc Reports Financial Results for Fiscal Year 2010

Canadian Zinc Corporation (TSX:CZN) reports the company’s financial results for the year ended December 31, 2010.

The press release is quoted as saying:

For the year ended December 31, 2010, Canadian Zinc reported net income of $18.4 million compared to a net loss of $611,000 for the year ended December 31, 2009. The income was primarily attributable to gains on the Company’s marketable securities, principally its shares in Vatukoula Gold Mines plc.

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