Canada Zinc Metals Provides Akie Exploration Update
FOR IMMEDIATE RELEASE
Contact: Investor Relations Wednesday, August 16, 2017
Phone (604) 684-2181 (No.2017-08-14)
Canada Zinc Metals Provides Akie Exploration Update
Vancouver, British Columbia, Canada – Wednesday, Au gust 16, 2017 – Canada Zinc Metals Corp.
(TSX Venture Exchange: CZX) is pleased to announce that an additional two holes have been completed
on the Akie property bringing the total number of completed holes drilled in 2017 to six. Work continues on
two additional holes with the program expected to b e completed by the end of August. All holes drilled to
date have targeted specific areas within and around the Cardiac Creek deposit.
The 2017 exploration program commenced in June with two diamond drill rigs and 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 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
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 3,580 metres of HQ diamond drill core has been completed on six holes. The first four holes
targeted both the central core and the up-dip strike extents of the high-grade core. The following two holes
targeted the lower central core area but at its known extents to the NW and the SE. The two holes currently
being drilled are focused on expansion of the known limits of the indicated resource.
Both drill rigs are operating and the Company anticipates having two additional holes completed within the
next week. Approximately 400 meters of drilling was abandoned due to excessive deviation. The holes
were restarted with slightly different head orienta tions and then carried through to successful comple tion
intersecting the intended target areas.
Drillhole A-17-140 encountered thickly bedded pyrite mineralization in the hangingwall at a depth of 695.82
to 719.82 metres downhole. The massive sulphide beds consist predominantly of pyrite, interlaminated with
nodular barite and occasional rare bands of light g rey, very fine-grained sphalerite. The Cardiac Cree k
Zone was intersected at a depth of 719.82 metres and extended to a depth of 758.23 metres. The Footwall
Zone was present from 766.46 to 775.16 metres. Both the Cardiac Creek and Footwall Zones are
characterized by thick beds of dull brown pyrite, light grey sphalerite rich bands, and mottled textured bands
enriched in sphalerite, galena, quartz and carbonate. Various footwall lithologies were intersected down to
the bottom of the hole and the hole was stopped at 847.96 metres in dolomitic siltstone of the Silurian Road
River Group.
Drillhole A-17-141 intersected the hangingwall mineralization at a depth of 551.80 metres, characterized by
thick beds of laminated pyrite, nodular barite and occasional bands of sphalerite. The hole transitioned into
the Cardiac Creek Zone at a depth of 562.62 metres which continued downhole to 587.67 metres. The
mineralisation consists of thick beds of steel grey sphalerite rich bands and sphalerite, galena, quar tz,
carbonate enriched mottled textured bands are readily apparent. The central section of the zone is fau lted
by a localized brittle structure which is atypical and is not apparent in the neighboring drill holes. Below a
depth of 580.27 metres the sulphide beds contain abundant steel grey sphalerite rich bands, massive barite
and laminar pyrite. Locally these sulphide beds appear to be overprinted and enhanced by coarse grained
red-brown sphalerite. Similar to hole A-17-137, a 2-metre thick massive sulphide lens was intersected at a
depth of 594.94 metres. The hole ended in the Silur ian Siltstones with localized areas of alteration a t a
depth of 651.36 metres.
Geological logging and sampling is now complete on six holes. A total of 900 samples including standar d
QA/QC samples have been taken through the Cardiac Creek Zone. Samples from the first four holes have
reached the Acme Analytical Laboratories (a Bureau Veritas company) in Vancouver, BC; and 2 holes will
soon be in transit from site to lab. The true width estimates of each Cardiac Creek intercept are not yet
available but are being modeled and will be calcula ted upon release of pending assay results. Assays
results from the first two holes are expected in approximately 2 weeks.
Peeyush Varshney, CEO, commented: “We are very plea sed with the rapid progress of the drill program
this season. We have intersected the Cardiac Creek Zone in all 6 holes so far and fully anticipate the next
2 holes to be similarly successful. The highlight o f the program has been hole A-17-137 with a massive
Cardiac Creek Zone intercept. The presence of stron gly mottled mineralization throughout has been
demonstrated in many holes to be indicative of very strong sphalerite mineralization and thus signific ant
zinc content.”
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 and zinc are rerun using Bureau Veritas AQ371
analytical package using a hot aqua regia solution followed by ICP-ES analyses. 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 explora tion
camp.
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