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Canada Zinc Metals Intersects 28.67 metres of High-Grade Mineralisation grading 10.38% Zn+Pb and 14.2g/t Ag in Drill Hole A-17-132 including 10.16 metres grading 14.42 % Zn + Pb and 17.2 g/t Ag & 9.42 metres grading 12.11% Zn+Pb and 16.0g/t Ag in Drill Hole A-17-133

Drill Results

FOR IMMEDIATE RELEASE

Contact: Investor Relations Thursday, September 14, 2017

Phone (604) 684-2181 (No.2017-09-16)

[email protected]

Canada Zinc Metals Intersects 28.67 metres of High-Grade Mineralisation grading

10.38% Zn+Pb and 14.2g/t Ag in Drill Hole A-17-132 including 10.16 metres

grading 14.42 % Zn + Pb and 17.2 g/t Ag

&

9.42 metres grading 12.11% Zn+Pb and 16.0g/t Ag in Drill Hole A-17-133

Vancouver, British Columbia, Canada – Thursday, Sep tember 14, 2017 – Canada Zinc Metals Corp.

(TSX Venture Exchange: CZX) is pleased to announce the drill results from the first two holes of 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 deposit. The program commenced in June and

was completed in 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. Assay results are pending from the remaining six drill holes.

2017 Drill Result Highlights

• Drill hole A-17-132 returned 10.38% Zn+Pb and 14.2 g/t Ag over a true width of 28.67 metres .

This includes 12.39% Zn+Pb and 15.9 g/t Ag over a true width of 19.81 metres which includes

14.42% Zn+Pb and 17.2 g/t Ag over a true width of 10.16 metres.

• Drill hole A-17-133 returned 12.11% Zn+Pb and 16.0 g/t Ag over a true width of 9.42 metres within

a broader mineralized interval of 25.63 metres.

A-17-132

The first hole of the 2017 exploration program targ eted the NW strike extension of the high-grade core of

the Cardiac Creek deposit. The pierce point is loca ted approximately 100 metres up-dip of drill hole A -07-

42. The objective of this hole was to expand the kn own high-grade mineralisation along strike and test the

limits of the 5% Zn cut-off indicated resource.

The hole intersected a broad zone of mineralization from 520.29 to 573.08 metres representing a true width

of 42.43 metres that returned 7.49% Zn+Pb and 10.6 g/t Ag. The Cardiac Creek Zone within the broader

envelope returned 10.38% Zn+Pb and 14.2 g/t Ag over a true width of 28.67 metres from 537.41 to 573.08

metres. Higher grade internal intervals include 12.39% Zn+Pb and 15.9 g/t Ag over a true width of 19.81

metres from 546.41 to 571.06 metres which includes 14.42% Zn+Pb and 17.2g/t Ag over a true width of

10.16 metres .

The Cardiac Creek Zone is characterized by massive, laminar beds of dull-brown pyrite and light grey

sphalerite interfingered with mottled textured sulp hide bands enriched in sphalerite, galena, quartz a nd

carbonate. Coarser grained galena is also visible locally. The drill hole was terminated in Silurian siltstone

at 598.02 metres. A total of 143 assay samples, inc luding standard QA/QC samples, were taken from the

hole.

A-17-133

Drill hole A-17-133 targeted an open area central t o the Cardiac Creek zone with the pierce point loca ted

approximately 55 metres down-dip of A-07-49. This hole targeted the central area of the high-grade core in

a large, untested area down-dip of hole A-07-49 and along strike of A-10-73B.

The hole intersected a broad envelope of mineralisa tion grading 5.55% Zn+Pb and 8.5 g/t Ag over a true

width of 33.14 metres from 341.08 to 388.38 metres. The Cardiac Creek Zone was intersected from 351.03

to 387.57 metres and returned 6.62% Zn+Pb and 9.6 g /t Ag over a true width interval of 25.63 metres.

Higher-grade intervals are present and include 12.11% Zn+Pb and 16.0 g/t Ag over a true width interval of

9.42 metres from 367.68 to 381.10 metres.

The mineralisation present in hole A-17-133 is simi lar in character to that present in hole A-17-132, with

massive sulphide beds of very fine grained, dull br own pyrite, light grey sphalerite, and mottle-textu red

sulphide bands enriched in sphalerite, galena, quar tz and carbonate. The hole was terminated at a fi nal

depth of 413.60 metres within the Silurian siltston es. A total of 117 assay samples, including standar d

QA/QC samples, were taken from the hole.

Significant results from A-17-132 and A-17-133 are tabulated below.

Drill Hole From (m) To (m) True Width (m)* Zn (%) Pb (%) Ag (g /t) Zn+Pb (%)

A-17-132 520.29 573.08 42.43 6.41 1.08 10.6 7.49

CC 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

CC 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

(*) 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-17-132 can be found here:

http://canadazincmetals.com/_resources/maps/XS-2850S-12-Sep-2017.pdf

A cross-section of drill hole A-17-133 can be found here:

http://canadazincmetals.com/_resources/maps/XS-3150S-12-Sep-2017.pdf

Mr. Peeyush Varshney, CEO, commented: “We are delighted with the first set of drill results from the 2017

Akie exploration program. We continue to demonstrat e the robust and consistent nature and tenor of the

Cardiac Creek Zone mineralization. Results release d today continue to support our geologic model and

highlight the internal continuity of the mineraliza tion. The mineralization remains open along-strike and at

depth. We continue to systematically drill off this deposit to establish the size of this large Zinc-d ominated

mineralised system. We look forward to announcing further drill results over the next several weeks.”

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