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Canada Zinc Metals Announces Akie Underground Exploration Permit Extension

Permits & Approvals

FOR IMMEDIATE RELEASE

Contact: Investor Relations Wednesday, December 6, 2017, 2017

Phone (604) 684-2181 (No.2017-12-21)

[email protected]

Canada Zinc Metals Announces Akie Underground Exploration Permit Extension

Vancouver, British Columbia, Canada – Wednesday, December 6, 2017 – Canada Zinc Metals Corp.

(TSX Venture Exchange: CZX) is pleased to announce that the Company has received a 3-year extension

to its Akie Underground Exploration Permit to December 31, 2020.

Underground Drill Permit Extension

With improving zinc prices and more robust financia l markets, the Company feels the timing for

advancement of the project will be favorable in 2018.

The Company was able to complete certain surface co nstruction tasks in the period from 2011 to 2016,

including construction of 2.2 km of the portal acce ss road, clearing of a small waste dump, and cleari ng of

the proposed portal site.

Although the Underground Program has not yet commenced, Canada Zinc Metals has diligently continued

to collect both environmental baseline and monitori ng data to ensure compliance with the Mines Act , the

Health, Safety and Reclamation Code for Mines in British Columbia , the Mineral Exploration Permit and the

Effluent Permit as issued from the Ministry of Envi ronment. This work includes surface and groundwater

quality data, turbidity monitoring, and ongoing rock characterization.

As part of the Company’s ongoing commitment to open and transparent communication and cooperation

with First Nations, and subject to the 2013 tripart ite Exploration and Cooperation Agreement signed wi th

Tsay Keh Dene and Kwadacha, the Company provided a copy of the Underground Exploration Permit

extension application to the respective communities for input and comment 30 days prior to application. No

concerns were expressed apart from the desire of both communities to see continued communication from

the Company on all exploration related matters, inc luding the ongoing surface drill program. Both Firs t

Nations provided letters of support that demonstrat e the commitment of both communities to support

Canada Zinc Metals’ endeavor to advance the Akie project in a timely and environmentally sound manner.

The approval was received November 3 rd 2017 from the permitting section of the BC Ministr y of Energy

and Mines and Petroleum Resources and will now allo w the Company time to execute the planned

underground drill program in the coming years without the need for a permit revision or amendment.

Stated, President and CEO Peeyush Varshney, “This e xtension will enable us to execute on our planned

underground drill definition program. We look forw ard to aggressively moving the Cardiac Creek deposi t

forward.”

The Akie Zn-Pb-Ag Project

The 100% owned Akie property is situated within the Kechika Trough, the southernmost area of the

regionally extensive Paleozoic Selwyn Basin and one of the most prolific sedimentary basins in the wor ld

for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits.

Drilling on the Akie property by Canada Zinc Metals since 2005 has identified a significant body of ba ritic-

zinc-lead SEDEX mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous,

carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation.

The Company has outlined a NI 43-101 compliant mine ral resource at Cardiac Creek, including an

indicated resource of 19.6 million tonnes grading 8 .2% zinc, 1.6% lead and 13.6 g/t silver (at a 5%

zinc cut-off grade) and an inferred resource of 8.1 million tonnes grading 6.8% zinc, 1.1% lead and

11.2 g/t silver (at a 5% zinc cut-off grade).

In addition to the Akie Project, the Company owns 1 00% of ten, large, contiguous property blocks that

comprise the Kechika Regional project. The Kechika Regional Project includes the Pie, Yuen, Cirque East

and Mt. Alcock properties, extending northwest from the Akie property for approximately 140 kilometres

along strike of the highly prospective Gunsteel Formation shale; the main host rock for known SEDEX zinc-

lead-silver deposits in the Kechika Trough of north eastern British Columbia. These projects are locate d

approximately 260 kilometres north northwest of the town of Mackenzie, British Columbia, Canada.

Ken MacDonald P.Geo., Vice President of Exploration , is the designated Qualified Person as defined by

National Instrument 43-101 and is responsible for the technical information contained in this release.

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

CEO & CHAIRMAN