Teck Completes Exploration Program at Pie, Yuen and Cirque East Properties

Canada Zinc Metals Corp. (TSXV:CZX) announced that it’s been informed that Teck Resources Ltd. (TSX:TCK.B,NYSE:TCK) has completed a 2015 exploration program at the Pie, Yuen and Cirque East properties.
Teck and its joint venture partner, Korea Zinc Co. Ltd. (KRX:010130), are currently working to earn up to a 70-percent stake in the properties by spending up to $8.5 million.
As quoted in the press release:

Review of preliminary processed data by Teck reveals a set of geophysical anomalies which are either spatially coincident with priority prospects defined by Canada Zinc Metals in earlier work, or outline new potential targets. Significant results include the identification of coincident soil geochemistry and AGG anomalies within an untested strike extension of interpreted Gunsteel and Akie stratigraphy at the Yuen South target area located approximately 8 km northwest of the North Cirque deposit. Soil sampling defined a 2.2 x 0.5 km Zn (627 ppm average; peak 6,268 ppm), Pb (76 ppm average; peak 270 ppm) +Ag anomaly containing two AGG anomalies in areas of no outcrop exposure. One ground gravity line was completed over the stronger AGG anomaly; data processing and interpretation is in progress. The AGG data will be integrated by Teck with Canada Zinc Metals’ existing exploration data to plan the next phase of exploration.

Ken MacDonald, vice president exploration at Teck, commented:

We’re 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 milestone which will include drill targeting on the highest priority targets.

Click here to read the full Canada Zinc Metals Corp. (TSXV:CZX) press release.