The Conversation (0)
Canadian Zinc Corp. (TSX:CZN,OTCQB:CZICF) announced that it is about to start a new diamond-drill exploration program at its Northwest Territories-based Prairie Creek project.
Canadian Zinc Corp. (TSX:CZN,OTCQB:CZICF) announced that it is about to start a new diamond-drill exploration program at its Northwest Territories-based Prairie Creek project.
As quoted in the press release:
Five drill holes totalling approximately 2,500 metres of coring are planned to test a large multi-stacked gravity and electromagnetic (“EM”) geophysical anomaly that is estimated to be at a depth of between 200 and 450 metres below surface, situated approximately one kilometre from the mine site, outside but adjacent to the defined mineral resource. The drill rig is being mobilized to the first pad and drilling is expected to commence by the end of the week.
Alan Taylor, vice president of exploration and COO at Canadian Zinc, commented:
The delineation at the end of last season of a new strong coincident EM and gravity geophysical anomaly adjacent to the defined deposit was particularly interesting and we are anxious to drill test it. The discovery of any resource in this area could have a significant impact on the economics of the existing project and future implications on additional property-wide exploration at Prairie Creek.
Click here to read the full Canadian Zinc Corp. (TSX:CZN,OTCQB:CZICF) press release.