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Canada Zinc Metals Announces Appointment of VP Exploration - Ken MacDonald
Canada Zinc Metals Announces Appointment of VP Exploration - Ken MacDonald
About this update from Zincx Resources Corp.
[{"type":"text","content":"\nCanada Zinc Metals Announces Appointment of VP Exploration - Ken MacDonald\n\n\n Nov. 24, 2010 (Filing Services Canada) -- Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to announce that Mr. Ken MacDonald has been appointed to the position of Vice-President of Exploration.Mr. MacDonald is a registered professional geoscientist with over 23 years of experience in the mining sector, including work as a consulting exploration geologist, as a senior project manager for a Canadian engineering company, and as a senior permitting official with the Mines Branch of the B.C. government. He is a Qualified Person under National Instrument 43-101.Mr. MacDonald has managed and participated in a wide range of exploration projects in varied terrain, principally in Western Canada, with international experience in South America. He has been responsible for design and implementation of exploration programs from grass-roots to advanced drill definition. He has also managed mine scoping, pre-feasibility and feasibility projects, bulk sample projects, environmental assessments and was recently responsible for all mine permitting for the Mt. Milligan open pit copper-gold mine. \"I am delighted to take on the role of VP Exploration of Canada Zinc Metals,\" stated Mr. MacDonald. \"I have worked on several aspects of the Akie project over the past several years and am very familiar with the project and its tremendous potential. The significant claim package that the Company holds in the highly prospective Kechika Trough represents a potential long-life mining opportunity. I look forward to working with the Canada Zinc Metals team to aggressively advance the exploration and development of the Company's properties.\" In connection with the appointment, Mr. MacDonald has been granted 500,000 stock options, exercisable for a period of 10 years at a price of $0.55 per share.  A portion of the options shall vest over time and a portion will vest as specific milestones are achieved.The Company has also granted an aggregate of 830,000 stock options to other directors and officers of the company, exercisable for a period of 10 years, at a price of $0.55 per share. 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 pr...