Business
Meeting with Tongling Nonferrous Metals Group
Feb. 22, 2011 (Filing Services Canada) -- Canada Zinc Metals Corp. (CZX - TSX Venture), ("Canad...
About this update from Teck Resources Limited Class A
[{"type":"text","content":"\nMeeting with Tongling Nonferrous Metals Group\n\n\n Feb. 22, 2011 (Filing Services Canada) -- Canada Zinc Metals Corp. (CZX - TSX Venture), (\"Canada Zinc Metals\" or the \"Company\") is pleased to report that the Company's President and CEO, Peeyush Varshney, and Vice President of Exploration, Ken MacDonald, have been invited overseas to meet with senior representatives of Tongling Nonferrous Metals Group Holdings Co. Ltd. (\"Tongling\"). The meetings are scheduled for the end of this month.  Tongling, based in Tongling, Anhui, is a state-owned holding company, and one of China's largest copper smelting companies.  Tongling's principal activities are exploration, mining, ore processing, smelting & refining and products processing of copper, lead, zinc, gold, silver and other non-ferrous and rare metals.  Tongling currently holds approximately a 36 per-cent equity position in Canada Zinc Metals.  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  approximately 10% combined zinc + lead.In addition to the Akie property, Canada Zinc Metals controls a large contiguous group of claims which comprise the Kechika Regional project. These claims are underlain by geology identical to that on the Akie property (Cardiac ...