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Sulphide Vent Complex/Feeder Zone Identified At the North Lead Anomaly, Akie Zinc-Lead Property
Sulphide Vent Complex/Feeder Zone Identified At the North Lead Anomaly, Akie Zinc-Lead Property
About this update from Zincx Resources Corp.
[{"type":"text","content":"Sulphide Vent Complex/Feeder Zone Identified At the North Lead Anomaly, Akie Zinc-Lead Property\n\n\n\nSulphide Vent Complex/Feeder Zone Identified At the North Lead Anomaly, Akie Zinc-Lead Property \n\nVancouver, British Columbia CANADA, November 18, 2008 /FSC/ - Canada Zinc Metals Corp. (CZX - TSX Venture, MTSZF - OTCBB, AOF7E1 - FWB), (\"Canada Zinc\"or the \"Company\") is pleased to report on the recently completed exploration activities carried out at the 'North Lead Anomaly', a high priority target on its 100% owned Akie property located in northeastern British Columbia, approximately 260 kilometres north-northwest of the town of Mackenzie.\n\nNorth Lead Anomaly.\n\nThe 'North Lead Anomaly' is a large (200m x 1000m), open-ended, lead-in-soil (70 to 624 ppm lead) anomaly located approximately 2.3 kilometers north of the nearest Cardiac Creek deposit drill hole to intersect significant mineralization (A-07-46: 2.12 metres grading 8.58% zinc and 1.86% lead). In 1996, the area was tested with one drill hole by Inmet Mining Corporation, encountering Gunsteel formation containing 45 meters of pyrite-bearing (5% to 12%), siliceous shale, followed by a 0.8 metere wide interval of massive sulphide mineralization consisting of pyrite, sphalerite and galena. Veins and stringers of similar material were noted in the footwall Road River silty carbonates. The massive sulphide horizon yielded grades of 11.60% zinc and 9.05% lead. The stratigraphic position of this mineralization appears to be identical to that of the Cardiac Creek deposit. \n\nIn August, 2008, the Company completed two holes (A-08-62 and 63) to test the down-dip and up-dip extension, approximately 70 metres in each direction, of the massive sulphide mineralization observed in the Inmet hole. These holes were successful in encountering sulphide mineralization that suggests proximity to more massive sulphides. Definitive observations include:\n\n1. The mineralization present in the Inmet hole is closely associated with an underlying debris flow in which the carbonate fragments and matrix are replaced by pyrite, +/- sphalerite, +/- galena. A similar situation is observed in both of the 2008 holes, where zinc and lead values, which increase updip, are locally as high as 9.82% and 0.17%, respectively. Of particular interest is the presence of finely banded, pinkish...