The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Canada Zinc Metals Corp. May 12 outlined a 5,000-meter drill program that will focus primarily on its Cardiac Creek zinc-lead-silver deposit at its Akie project in northern British Columbia.
Crews are to mobilize to the project early in June and drilling is expected to continue into September.
A total of 126 holes (53,750 meters) have been drilled on the Akie property, 78 of which contribute to an NI 43-101-compliant resource estimate for the Cardiac Creek deposit.
An additional 35 drill holes test the Cardiac Creek horizon over a 7,000-meter strike length, or other exploration targets on the property.
The primary goal of the 2015 program is to expand the down-dip extents of the high-grade core to the Cardiac Creek deposit.
"We strongly believe the recent upturn in the price of zinc is signaling the beginning of the long-expected dramatic decline in global zinc inventories and lack of new supply.
In the face of the looming zinc shortage, Canada Zinc Metals is positioned as a premier zinc explorer with a world-class zinc deposit situated in a geopolitically and financially stable jurisdiction," said Canada Zinc Metals President and CEO Peeyush Varshney.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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