Canada Zinc Metals Hole A-17-142 Intersects High-Grade Mineralisation of 11.15% Zn+Pb and 15.5 g/t Ag over 32.65 metres – including 23.32% Zn+Pb and 30.9 g/t Ag over 11.31 metres
FOR IMMEDIATE RELEASE
Contact: Investor Relations Monday, November 20, 2017
Phone (604) 684-2181 (No.2017-11-20)
Canada Zinc Metals Hole A-17-142 Intersects High-Grade Mineralisation of 11.15%
Zn+Pb and 15.5 g/t Ag over 32.65 metres – including 23.32% Zn+Pb and 30.9 g/t
Ag over 11.31 metres
Vancouver, British Columbia, Canada – Monday, Novem ber 20, 2017 – Canada Zinc Metals Corp.
(TSX Venture Exchange: CZX) is pleased to announce the final drill results fro m the 2017 Akie drill
program. The program focused on resource expansion and new target development on the robust and high-
grade central core of the Zn-Pb-Ag Cardiac Creek de posit. The program commenced in June and was
completed in late August using two drills. A total of 8 drill holes were successfully drilled on the C ardiac
Creek deposit for a total of 4,700 metres.
2017 Drill Result Highlights
• Drill hole A-17-142 returned an envelope of mineralisation grading 11.15% Zn+Pb and 15.5 g/t Ag
over a true width of 32.65 metres including a significant 23.32% Zn+Pb and 30.9 g/t Ag over a
true width of 11.31 metres from the Footwall Zone .
• Drill hole A-17-143 returned 7.77 % Zn+Pb and 9.8 g/t Ag over a true width of 20.49 metres
including 10.41% Zn+Pb and 15.0 g/t Ag over a true width of 7.90 metres .
Mr. Peeyush Varshney, CEO of Canada Zinc Metals, commented: “We continued to be extremely pleased
by the results we are seeing from the Cardiac Creek Zone both at depth and along strike to the NW. The
mineralisation intersected from the Footwall Zone in hole 142 represents the highest-grade material ever
intersected from that zone and mineralisation present in hole 143 continues t o expand the limits of the
high-grade core into an area that has seen limited drilling. We look forward to incorporating the results from
the 2017 drilling program into our models as we move into the assessment and planning phase.”
A comprehensive metallurgical testing program on 20 17 drill core composites has commenced at Base
Metallurgical Laboratories Ltd. of Kamloops, BC, un der the direction of Tom Shouldice, P.Eng., Princip al
Metallurgist. The objective of the program is to as sess the metallurgical performance of samples from the
deposit using heavy media pre-concentration followe d by conventional flotation processes to recover le ad
and zinc into saleable concentrates. A total of 16 composites from five drill holes were prepared, tot alling
approximately 430 kg of material. The composites co nsist of one global composite and 3 composites per
hole; representing the hangingwall, the main Cardiac Creek zone, and the footwall zone for each intercept.
The global composite will be used for the Phase I p rogram and the composites from each hole for Phase
II.
The program is intended to generate sufficient meta llurgical data to support a Preliminary Economic
Assessment (PEA). The work will be assisted by mini ng and metallurgical staff at JDS Energy and Mining
of Vancouver, BC. The Company is planning to proceed to a Preliminary Economic Assessment (PEA) after
metallurgical testing is complete.
The Company has engaged independent Qualified Perso n Robert Sim, P.Geo., to update the mineral
resource estimate for the Cardiac Creek deposit. Th e work is expected to be complete before the end of
the year. The current resource estimate for the Car diac Creek deposit was presented in the NI 43-101
Technical Report dated June 28, 2016, with an effec tive date of May 16, 2016. The 2017 drilling progra m
has provided eight additional intercepts into the deposit.
A-17-142
The objective of hole A-17-142 was to continue to t est the large open area directly down-dip of the hi gh-
grade hole A-15-121 and along strike of A-15-124 in order to expand the limits of the indicated resour ce.
This area has seen little drilling and recent drill ing (A-15-121, A-15-124, A-17-137) has demonstrated the
tremendous potential of the area. The hole experienced some deviation and a pierce point was obtained in
the vicinity of A-15-124 and down-dip of A-05-32.
The hole intersected a broad envelope of mineralisa tion encompassing the Cardiac Creek Zone and
Footwall Zone extending from 616.34 to 655.75 metres that returned 11.15% Zn+Pb and 15.5 g/t Ag over
a true width of 32.65 metres . The Cardiac Creek Zone graded 7.59% Zn+Pb and 11. 3 g/t Ag over a true
width of 13.05 metres from 616.34 to 632.17 metres, and included 8.47% Zn+Pb and 14.0 g/t Ag over a
true width of 7.30 metres from 623.33 to 632.17 met res. The Footwall Zone returned a high-grade interv al
of 23.32% Zn+Pb and 30.9 g/t Ag over a true width of 11.31 metres from 642.17 to 655.75 metres.
The Cardiac Creek Zone is characterised by massive sulphide beds comprised of very fine-grained
laminated dull-brown pyrite with an increasing amou nt of banded to mottle-textured sulphides enriched in
light grey sphalerite, galena, quartz, carbonate and barite. The Footwall Zone contained approximately 85%
sulphides exhibiting well-developed mottled texture s enriched with sphalerite, galena, quartz, carbona te
and barite that were interbedded with black shale o f the Gunsteel Formation. A thin massive pyrite len s
was intersected at a depth of 657.71 metres followe d by the debris flows of the Paul River Formation. The
hole ended in the calcareous siltstone of the Road River Group at a depth of 700.13 metres.
A-17-143
The objective of hole A-17-143 was to test the up-dip and northwest strike extension of the high-grade core
in an open area down-dip of hole A-94-11 and along strike of hole A-10-74. This area has seen limited
drilling with widely spaced drill hole intersection s. The drill hole deviated from its intended target but
remained in an untested area providing an excellent pierce point located approximately 75 metres along
strike and slightly down-dip of hole A-94-11 and ap proximately 100 metres from hole A-10-74. The resul ts
are expected to expand the known limits of the indicated resource to the northwest and up-dip.
A broad envelope of mineralisation was intersected from 346.92 to 384.42 metres with the Cardiac Creek
Zone occurring from 352.64 to 382.95 metres grading 7.77% Zn+Pb and 9.8 g/t Ag over a true width of
20.49 metres. This included higher grade material f rom 371.31 to 382.95 metres grading 10.41% Zn+Pb
and 15.0 g/t Ag over a true width of 7.90 metres .
The Cardiac Creek Zone is characterised by massive beds of dull-brown pyrite, light grey sphalerite, a nd
mottle-textured bands enriched in sphalerite, galen a, quartz, carbonate and barite. The sulphides are
interbedded with black shale and a few minor chert beds of the Gunsteel Formation. A thin massive pyri te
lens was intersected at 390.46 metres intermixed wi th the debris flows of the Paul River Formation. Th e
hole ended in the calcareous siltstone of the Road River Group at a depth of 406.91 metres.
Significant results from A-17-142 and A-17-143 are tabulated below along with the previously repo rted
intervals from A-17-132, A-17-133, A-17-137 and A-1 7-138, A-17-140 and A-17-141 (see Sept. 14, Oct 3
and Oct 30, 2017 news releases).
Drill Hole From (m) To (m) True Width (m)* Zn (%) P b (%) Ag (g/t) † Zn+Pb (%)
A-17-142 581.84 655.75 60.67 5.55 1.06 10.0 6.61
including 616.34 655.75 32.65 9.30 1.85 15.5 11.15
CCZ 616.34 632.17 13.05 6.45 1.14 11.3 7.59
including 623.33 632.17 7.30 7.09 1.38 14.0 8.47
FW 642.17 655.75 11.31 19.30 4.01 30.9 23.32
A-17-143 346.92 384.42 25.33 5.72 0.89 8.6 6.61
CCZ 352.64 382.95 20.49 6.73 1.04 9.8 7.77
including 365.99 382.95 11.50 7.17 1.27 12.4 8.44
including 371.31 382.95 7.90 8.84 1.57 15.0 10.41
A-17-132 520.29 573.08 42.43 6.41 1.08 10.6 7.49
CCZ 537.41 573.08 28.67 8.84 1.54 14.2 10.38
including 546.41 571.06 19.81 10.52 1.87 15.9 12.39
including 546.41 566.01 15.75 10.96 2.01 16.7 12.97
including 546.41 559.05 10.16 12.18 2.24 17.2 14.42
A-17-133 341.08 388.38 33.14 4.77 0.78 8.5 5.55
CCZ 351.03 387.57 25.63 5.68 0.94 9.6 6.62
including 361.90 381.10 13.48 8.00 1.40 12.9 9.40
including 367.68 381.10 9.42 10.30 1.81 16.0 12.11
A-17-137 454.40 559.44 57.79 9.72 2.07 19.1 11.79
CCZ 466.78 534.09 37.06 11.83 2.68 23.4 14.51
including 480.93 534.09 29.26 14.32 3.33 28.0 17.65
including 506.00 534.09 15.44 18.27 4.34 36.2 22.61
FW 544.48 559.44 8.20 14.41 2.36 25.3 16.77
MS 559.44 565.00 3.04 0.98 0.23 10.0 1.21
A-17-138 403.32 440.85 33.40 5.33 0.91 9.0 6.24
CCZ 412.15 440.17 24.96 6.60 1.15 10.4 7.75
including 426.27 439.52 11.82 8.50 1.57 12.3 10.07
A-17-140 694.00 776.57 59.87 2.24 0.37 4.9 2.61
HW A 694.00 706.20 8.66 1.11 0.14 4.0 1.25
HW B 718.19 723.83 4.05 3.77 0.63 7.4 4.40
CCZ 730.24 758.23 20.40 2.44 0.34 5.6 2.78
FW 766.46 776.57 7.51 7.49 1.50 13.8 8.99
including 766.46 775.16 6.46 8.50 1.71 15.5 10.21
A-17-141 555.20 587.64 23.36 8.09 1.46 15.1 9.55
CCZ 562.18 587.64 18.34 10.05 1.84 18.4 11.89
including 563.85 587.64 17.14 10.47 1.94 19.1 12.41
including 563.85 586.00 15.96 10.86 2.06 19.4 12.93
including 563.85 574.24 7.49 18.79 3.69 29.3 22.48
(*) The true width in metres is calculated utilisin g the Geovia GEMS software package. The orientation of the mineralised horizon is
estimated to have an azimuth of 130 degrees and a dip of -70 degrees. (CCZ) = Cardiac Creek Zone; (HW) = Hangingwall Zone; (FW)
= Footwall Zone; (MS) = Massive Sulphide. (Ɨ) Ag values below detection were given a value half of the detection limit for the purposes
of weighted averaging.
A map showing the 2017 drill collars and traces for the current release can be found here:
http://canadazincmetals.com/_resources/maps/2017-Akie-DDH-Plan-Map-Deposit.pdf
A cross-section of drill hole A-17-142 can be found here:
http://www.canadazincmetals.com/_resources/maps/XS_3025S_29_Oct_2017.pdf
A cross-section of drill hole A-17-143 can be found here:
http://www.canadazincmetals.com/_resources/maps/XS_2775S_29_Oct_2017.pdf
QA/QC
Canada Zinc Metals has implemented a rigorous quali ty assurance/quality control program at the Akie
property using best industry practices. All drill c ore is logged for geology, structure, veining, alte ration,
mineralisation, and geotechnical parameters. Sectio ns of sulphide mineralisation are marked for sampli ng
by a geologist and a series of standards, duplicate s and blanks are inserted into the sample stream fo r
QA/QC purposes. Prior to the cutting of samples, al l core boxes are photographed for due diligence and
record keeping purposes. The samples are split by a diamond saw, tagged and bagged and forwarded by
bonded carrier to Acme Labs (a Bureau Veritas Group Company) of Vancouver, BC, for analysis.
Documentation recording the chain of custody is kept for each shipment.
Assays for zinc, lead and silver are obtained using Acme Labs AQ270 analytical package with sample
digestion using aqua regia solution followed by ICP -ES and ICP-MS analyses. Barium content is
determined by Acme Labs LF300 analytical package using LiBO2/LiB4O7 fusion and ACS grade nitric acid
followed by ICP-ES analysis. Overlimit values of le ad are rerun using Bureau Veritas AQ371 analytical
package using a hot aqua regia solution followed by ICP-ES analyses. Overlimit values for zinc are rer un
using Bureau Veritias GC816 analytical package, usi ng a multi-acid digestion, followed by hydroxide
precipitation and EDTA titration analysis.
Check assays on drill pulps are routinely conducted by ALS Minerals of North Vancouver, BC with their
OG46 analytical package using aqua regia digestion and ICP-ES analysis. All remaining drill core is stored
at the Akie exploration camp.
The Akie Zn-Pb-Ag Project
The Company’s, 100% owned, flagship Akie property i s situated within the Kechika Trough, the
southernmost area 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.
Drilling on the Akie property by Canada Zinc Metals since 2005 has identified a significant body of ba ritic-
zinc-lead-silver SEDEX mineralisation 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 10 0% 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