Canada Zinc Metals Provides Akie Exploration Update
FOR IMMEDIATE RELEASE
Contact: Investor Relations Wednesday, July 26, 2017
Phone (604) 684-2181 (No.2017-07-12)
Canada Zinc Metals Provides Akie Exploration Update
Vancouver, British Columbia, Canada – Wednesday, July 26, 2017– Canada Zinc Metals Corp. (TSX
Venture Exchange: CZX) is pleased to announce that to date four drill holes on the Cardiac Creek deposit
have been completed. The 2017 exploration program c ommenced in June with two diamond drill rigs and
is anticipated to carry on till the end of August. The objective of the program is focused on resource
expansion and new target development, building on the success of earlier drill programs that have outlined
a robust and high-grade zinc-lead-silver system in the central core of the Cardiac Creek deposit.
The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika
Regional projects. The Company’s flagship Akie Project is host to the Cardiac Creek deposit. The Kechika
Regional Project includes the Pie, Yuen, Cirque Eas t and Mt. Alcock properties, extending northwest fr om
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
northeastern British Columbia. These projects are located approximately 260 kilometres north northwest of
the town of Mackenzie, British Columbia, Canada.
2017 Drill Exploration Update
Approximately 2,100 meters of HQ diamond drill core has been completed on four holes. These four holes
targeted both the central core and the up-dip strik e extents of the high-grade core. Geological logging and
core cutting is complete for two of the four holes. Both drill rigs are operating and the Company anticipates
having two additional holes completed within the week.
Drill hole A-17-132, the first planned hole, inters ected approximately 33.7 metres (core length) of th e
Cardiac Creek Zone from 537.41 metres to 571.06 met res. The zone is characterized by massive laminar
beds of dull-brown pyrite and light grey sphalerite interfingered with mottle-textured sphalerite, gal ena,
quartz and carbonate rich- bands. The mineralisatio n displays excellent mottled textures and coarser
grained galena is locally visible. The drill hole was terminated in Silurian siltstone at 598.02 metres. A total
of 143 assay samples, including standard QA/QC samples, were taken from the hole.
Drill hole A-17-133 intersected the Cardiac Creek Z one over 35.9 metres (core length) from a depth of
352.1 metres and continuing to a depth of 388.4 met res. The mineralisation present in hole A-17-133 is
similar in character to that present in hole A-17-1 32, with massive sulphide beds of very fine graine d dull
brown pyrite, light grey sphalerite, and mottle-tex tured quartz-carbonate-sphalerite-galena bearing ba nds.
The hole was terminated at a final depth of 413.6 metres within the Silurian siltstones. A total of 117 assay
samples, including standard QA/QC samples, were taken from the hole.
Drill hole A-17-137 intersected a massive 109.20 me tres (core length) of the Cardiac Creek Zone from a
depth of 466.80 metres to 556.00 metres. The minera lisation displays a distinct increase in sphalerite and
the mottled textured quartz-carbonate-sphalerite-ga lena rich bands become the dominant texture
throughout the zone. In addition to the Cardiac Creek Zone, a 5.54 metre section of massive sulphide was
intersected in the footwall of the deposit from 559 .42 metres to 564.96 metres, which consists primari ly of
fined-grained, brassy pyrite that has been cross cu t by carbonate-quartz veining that is host to abund ant
creamy red-pink sphalerite and local galena. Intere stingly, several large intervals of massive pyrobit umen
were intersected within the Silurian siltstones, th e significance of which is unknown at this time. Th e hole
was terminated at 614.78 metres in Silurian siltsto ne. A total of 254 assay samples, including standar d
QA/QC samples, were marked in the hole and are at present being sawn for assay purposes.
Drillhole A-17-138 intersected the Cardiac Creek Zo ne over 27.37 metres (core length) from a depth of
412.15 metres to 439.52 metres. The zone is charact erized by massive laminar beds of dull brown pyrite ,
light grey sphalerite, and intermittent mottled-textured sphalerite, galena, quartz, and carbonate rich bands.
The hole was terminated in calcareous siltstone of the Silurian Road River Group at 454.76 metres. A total
of 81 assay samples, including standard QA/QC samples, were marked in the hole and are at present being
sawn for assay purposes.
A total of 595 samples have been cut or marked for sampling from the first four drill holes. A total o f 260
samples, from holes A-17-132 and A-17-133, have bee n shipped from the project site to Acme Analytical
Laboratories (a Bureau Veritas company) in Vancouve r, BC for subsequent analysis. The remaining 335
samples from holes A-17-137 and A-17-138 are curren tly being sawn and will be shipped at the earliest
opportunity. The true width estimates of each Cardi ac Creek intercept are not yet available but are be ing
modeled and will be calculated upon release of pend ing assay results. Assays results from the first tw o
holes are expected in approximately 4 weeks.
The Akie Zn-Pb-Ag Project
The Company’s flagship Akie property is 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).
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