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Canada Zinc Metals Receives 43-101 Technical Report for the Pie Property
Canada Zinc Metals Receives 43-101 Technical Report for the Pie Property Vancouver, British ...
About this update from Zincx Resources Corp.
[{"type":"text","content":"\nCanada Zinc Metals Receives 43-101 Technical Report for the Pie Property\n\nCanada Zinc Metals Receives 43-101 Technical Report for the Pie Property\nVancouver, British Columbia CANADA, May 17, 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 Pie Property\" dated May 4, 2012 and authored by Tanya Strate, P.Geol., an independent qualified person for the purposes of NI 43-101. The Technical Report highlights the SEDEX ZN-PB-AG prospectivity of the property, documents the results of field work completed on the property in 2011, and makes recommendations for further work, including drill testing of several zinc-lead-silver mineralization targets. \nThe Pie property is located in northern British Columbia, Canada, midway between Teck Resources/Korea Zinc's Cirque deposit (located 10 kilometres to the northwest), and the Company's 100% owned Cardiac Creek deposit (located 10 kilometres to the southeast). The Company's Akie claims are contiguous with the Pie property on its northern boundary. The Cirque and the Cardiac Creek deposits are hosted by Gunsteel Formation shale, the same prospective shale sequence present on the Pie property.\nHighlights and Recommendations of the Report\n1. Geological mapping has defined a new prospective panel of Gunsteel Formation shale and demonstrated evidence of SEDEX (sedimentary exhalative) style mineralization including barite nodules, laminated pyrite and iron oxides at West Pie. \n2. Soil and silt geochemistry surveys outlined continuous zinc-silver +/-lead anomalism over the entire 8 kilometre strike length of the West Pie panel, open along strike.\n3. Rock samples returned up to 7.48% zinc and 3.5% copper in a grab sample of vein material at West Pie, north of the Creek 1 showing. Channel chips cut with a portable rock saw returned up to 2,200 ppm zinc at the Creek 1 showing.\n4. Interpreted Gunsteel Formation shale present at the West Pie property, which also host the GPS bedded barite showing, is situated directly along strike from Teck Resources/Korea Zinc's joint-ventured Cirque deposit. \n5. Soil and silt geochemistry surveys outlined silver +/- zinc+/- lead anomalism at East Pie showing, open along strike.\n6. An orientation survey using hydrog...