Business
Mantle Resources Inc. Announces Proposed Name Change
Mantle Resources Inc. Announces Proposed Name Change
About this update from Zincx Resources Corp.
[{"type":"text","content":"Mantle Resources Inc. Announces Proposed Name Change\n\n\n\nMantle Resources Inc. Announces Proposed Name Change\n\nVancouver, British Columbia CANADA, September 12, 2008 /FSC/ - Mantle Resources Inc. (MTS - TSX Venture, MTSZF - OTCBB, AOF7E1 - FWB), (\"Mantle\" or the \"Company\") is pleased to announce that it is proposing to change its name to Canada Zinc Metals Corp., and it has filed a final submission with the TSX Venture Exchange to seek approval to same. The Company's new CUSIP number will be 135306108. The Company expects the name change to take effect next week. \n\nThe Company's new name better reflects the Company's major focus, being zinc-lead projects in northeastern British Columbia. Canada. \n\nAbout the Akie Property\n\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 occurrence of SEDEX zinc-lead-silver and stratiform barite deposits.\n\nDrilling on the Akie property by Inmet Mining Corporation during the period 1994 to 1996 and by Mantle in 2005, 2006 and 2007 has identified a significant body of baritic-zinc-lead SEDEX mineralization (Cardiac Creek deposit). The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian 'Gunsteel' formation. The Company recently filed a NI 43-101 report supporting the estimated inferred resource of 23.6 million tonnes grading 7.6% Zn, 1.5% Pb and 13.0 g/t Ag (at a 5% Zn cut off grade). The complete NI 43-101 technical report, titled \"Geology, Diamond Drilling and Preliminary Resource Estimation, Akie Zinc-Lead-Silver Property, Northeast British Columbia, Canada\", dated May 30, 2008, can be viewed on SEDAR.\n\nTwo similar deposits, Cirque and South Cirque, located some 20 km northwest of Akie and owned under a joint venture by Teck Cominco and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in excess of 50 million tonnes.\n\nThe Akie property is road accessible year round from Mackenzie and Prince George, and exploration and other activities are supported by a 50 person, all-weather trailer camp situated a short distance from the Cardiac Creek drill area.\n\nThe TSX Venture Exchange has neither approved ...