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Canada Zinc Metals Reports Further on Current Activities on the Akie Project
Apr. 6, 2011 (Filing Services Canada) -- Canada Zinc Metals Corp. (CZX - TSX Venture), is pleas...
About this update from Teck Resources Limited Class A
[{"type":"text","content":"\nCanada Zinc Metals Reports Further on Current Activities on the Akie Project\n\n Apr. 6, 2011 (Filing Services Canada) -- Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to provide an update on current activities on its 100% owned Akie property, which includes the Cardiac Creek SEDEX zinc-lead-silver deposit.  The property is located approximately 260 kilometers north-northwest of the town of Mackenzie in northeastern British Columbia, Canada.  An update to the current Cardiac Creek geological model and inferred resource are well underway along with plans to commence a Preliminary Economic Assessment of the Cardiac Creek deposit which will provide a decision-making tool to advance orderly development. Permits applications have been submitted for multi-year surface drill programs for the Akie property, and for the Pie and Mt. Alcock properties, which make up part of the large Kechika regional claim group.  Drill and helicopter tendering is underway with contracts expected to be finalized over the coming month. Final plans regarding the 2011 surface exploration program will be made in the coming weeks, once permits are in hand and drill and helicopter crews are confirmed.About the Akie PropertyThe Akie zinc-lead property is situated within the southern-most part (Kechika Trough) of the regionally extensive Paleozoic Selwyn Basin, one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits. Drilling on the Akie property by Inmet Mining Corporation during the period 1994 to 1996 and by Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization (Cardiac Creek deposit).  The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian 'Gunsteel' formation.  The Company has outlined a NI 43-101 compliant inferred resource of 23.6 million tonnes grading 7.6% zinc, 1.5% lead and 13.0 g/t silver (at a 5% zinc cut off grade).  Two similar deposits, Cirque and Cirque South Cirque, located some 20 km northwest of Akie and owned under a joint venture by Teck Resources and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in excess of 50 million tonnes (not 43-101 compliant) grading a...