Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) (“the Company” or “Canadian Zinc”) reports its interim financial results and update on development activities for the three and nine month periods ended September 30, 2017.
As quoted in the press release:
Canadian Zinc completed a Feasibility Study (“2017 FS”), which supersedes the 2016 Pre-Feasibility Study (“2016 PFS”). A new Technical Report entitled “Prairie Creek Property Feasibility Study NI 43-101 Technical Report” effective September 28, 2017 was filed on SEDAR.
The results of the 2017 Feasibility Study indicate notable improvements compared to the Preliminary Feasibility Study completed in 2016 and confirm that the Prairie Creek Mine can support a significant increase in the mining rate and mill throughput that will enable production of higher quantities of zinc, lead and silver, and at lower operating cost as compared to the mine plan presented in the 2016 PFS.