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Canada Zinc Metals Receives Underground Exploration Permit from BC Government
Canada Zinc Metals Receives Underground Exploration Permit from BC Government Vancouver, Briti...
About this update from Zincx Resources Corp.
[{"type":"text","content":"\nCanada Zinc Metals Receives Underground Exploration Permit from BC Government\n\nCanada Zinc Metals Receives Underground Exploration Permit from BC Government\nVancouver, British Columbia CANADA, August 19, 2011 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to announce it has received an underground drill permit from the BC government for the Akie project which will facilitate advanced exploration of the Cardiac Creek deposit. The 100% owned Akie property, which includes the Cardiac Creek SEDEX zinc-lead-silver deposit, is located approximately 260 kilometers north-northwest of the town of Mackenzie in northeastern British Columbia, Canada.\nThe underground drill permit is valid for a period of three years and is the main construction permit required to build the surface and underground infrastructure required for a comprehensive diamond drill definition program on the Cardiac Creek deposit. The underground exploration program, as currently planned, is comprised of 1,600 metres of underground development and 16,000 metres of underground diamond drilling designed to upgrade the current 43-101 compliant inferred resource to the measured and indicated category. Drill cores from underground would also be used in a systematic metallurgical sampling program intended to ensure metallurgical sampling across the full spectrum of the deposit. Underground development would also provide important engineering data for future mine design.\nWork is anticipated to commence shortly to upgrade the present road access to the planned portal site. The Company also plans to build a small waste dump, a settling pond and the portal pad required to support equipment required for construction of the main decline. Diamond drilling is anticipated to commence in 2012 after sufficient advance of the underground decline has been achieved. \n\"We are very pleased to receive this permit for our planned underground program at Akie. This is a significant milestone in the advancement of the project as we move the Akie Project toward feasibility,\" commented Mr. Peeyush Varshney, Chairman CEO of Canada Zinc Metals.\nThe Akie Property:\nThe 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 occurren...