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ZNX.V ·

Grant of Stock Options

Share Capital & Compensation

FOR IMMEDIATE RELEASE

Contact: Investor Relations Friday, January 15, 2010 Phone (604) 684-2181 (No.2010-01-01) [email protected]

Grant of Stock Options

Vancouver, B.C. – January 15, 2010 – Canada Zinc Metals Corp. (TSX Venture:CZX) (the “Company”) announces that it has granted an aggregate of 925,000 stock options to directors and officers of the Company, exercisable for a period of ten years, at a price of $0.63 per share.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

ON BEHALF OF THE BOARD OF DIRECTORS

CANADA ZINC METALS CORP.

“PEEYUSH VARSHNEY”

PEEYUSH VARSHNEY, LL.B PRESIDENT & CEO