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Canada Zinc Metals Reports on Phase One of Geotechnical Drill Program on the Akie Project
Jan. 11, 2011 (Filing Services Canada) -- Canada Zinc Metals Corp. (CZX - TSX Venture), is plea...
About this update from Zincx Resources Corp.
[{"type":"text","content":"\nCanada Zinc Metals Reports on Phase One of Geotechnical Drill Program on the Akie Project\n\n\n Jan. 11, 2011 (Filing Services Canada) -- Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to report on the recently completed geotechnical program on its 100% owned Akie property, which includes the Cardiac Creek SEDEX zinc-lead-silver deposit.  The property is located approximately 260 kilometers north-northwest of the town of Mackenzie in northeastern British Columbia, Canada.  The program was referred to in the Company's September 23, 2010 press release and is part of Canada Zinc Metals' ongoing program of engineering and environmental baseline studies aimed at advancing the Cardiac Creek zone toward underground exploration and future development. The results of the fall 2010 program will provide a basis necessary to complete design and development of a future haul road (from a planned underground portal near Cardiac Creek), a waste rock dump, a settlement pond and a soil stockpile area. Continuation of the geotechnical program in the spring of 2011 (Phase Two) will provide detailed design criteria for the portal and the decline which are planned to access the underground for exploration drilling and deposit definition. The combined Phase One and Phase Two results, coupled with ongoing environmental baseline studies, will also allow permitting to proceed toward a work approval for the summer/fall of 2011.Background:Field work was conducted in July, 2010 to evaluate the alignment of the planned Lower Trail along the hillside overlooking Silver Creek and to evaluate 5 potential portal locations that could provide underground access to the Cardiac Creek deposit. The intent is to collar in the footwall of the deposit in rocks that have improved structural integrity and have no identified acid rock or metal leaching concerns. Terrain stability mapping and a preliminary geotechnical onsite assessment confirmed the most suitable portal location is on the north side of Cardiac Creek. Underground access will allow drilling of relatively short drill holes for deposit definition and at a drill density required to define an indicated resource necessary for the preparation of a prefeasibility study. Underground sampling will also increase the level of confidence of the current resource estimate, and provide import...