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Canada Zinc Metals Receives 43-101 Technical Report for the Mt Alcock Property
Canada Zinc Metals Receives 43-101 Technical Report for the Mt Alcock Property Vancouver, Br...
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[{"type":"text","content":"\nCanada Zinc Metals Receives 43-101 Technical Report for the Mt Alcock Property\n\nCanada Zinc Metals Receives 43-101 Technical Report for the Mt Alcock Property\nVancouver, British Columbia CANADA, June 18, 2012 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to announce the Company is in receipt of a NI 43-101 compliant technical report entitled \"NI 43-101 Technical Report on the Mt Alcock Property\" dated May 31, 2012 and authored by Tanya Strate, P.Geol., an independent qualified person for the purposes of NI 43-101. Please refer to www.sedar.com to review the report.\nThe Technical Report highlights the history of previous exploration on the property since the 1970's and identifies it as being prospective to host SEDEX Zn-Pb-Ag mineralization. The report documents the results of assessment work completed on the property in 2011, and makes recommendations for further work, including drill testing of the Main barite zone previously drill tested in 1989 and 1990. The property hosts several large soil geochemical anomalies that have never been drill tested and other zinc-lead-silver mineralization targets.\nThe Mt Alcock property is located in northern British Columbia and represents a key holding within the Company's 100% owned Kechika Regional Project, a 140 kilometre long collection of mineral claims that covers a significant portion of the Kechika Trough; a southerly extension to the Selwyn Basin. The claims overlie the trend of the prospective Gunsteel Formation; the primary host to known SEDEX deposits in the belt, including Canada Zinc Metals' 43-101 compliant Cardiac Creek deposit, and Teck Resources/Korea Zinc's Cirque deposit. The Mt Alcock property comprises 21 contiguous mineral claims which cover a total of 92 square kilometres (9,172 hectares). The claims are contiguous with the Company's Yuen claim block to the south and their Kwad claim block to the north.\nThe property is located about 40 kilometers northwest of the Company's flagship Akie property that is host to the Cardiac Creek deposit. The Cardiac Creek deposit has a 43-101 compliant resource with an indicated resource (at a 5% zinc cut-off grade) of 12.7 million tonnes at 8.38 % Zn, 1.68 % Pb and 13.7 g/t (grams per tonne) Ag, and an inferred resource of 16.3 million tonnes at 7.38 % Zn, 1.34 % Pb and 11.6 g/t Ag. The Mt Alcock property...