CANADA ZINC METALS CORP.
FOR IMMEDIATE RELEASE
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Encouraging Results - 2009 Akie Property and Kechika
Regional Exploration Programs
Vancouver, B.C. �
August 13, 2009 � Canada Zinc Metals Corp. (TSX Venture:CZX)
(�Canada Zinc Metals� or the Company) is pleased to provide the following encouraging progress report on the
2009 exploration programs currently underway on the Akie
Property and Kechika Regional tenures (collectively
the� Properties�).
Kechika Regional Program
The 2009 Kechika regional
program has been largely directed towards the Pie, Yuen Extension and Yuen
claims that extend northwestward from the Akie Property for a distance of some 30 km. These properties
encompass the highly prospective geological package(s) of Middle to Late
Devonian fine grained sediments and associated carbonate rocks that host both
the Company�s Cardiac Creek deposit and the nearby Cirque deposits owned by Teck Resources and Korea Zinc. The Pie claims have yielded
initial exploration encouragement consisting of the following:
� Discovery of a 70
metre long by 1.5 metre thick occurrence of bedded barite
(�GPS Showing�), and associated iron seeps, and a nearby showing of laminar
pyrite showing, all within black shales believed to
represent the� possible
strike extension of the Cirque stratigraphy.
� Prospecting and hand trenching in the vicinity of the
main Pie showing has resulted in discovery
of a float fragment of laminated sphalerite (zinc) ,
galena (lead) and pyrite mineralization identical to that present in the
Cardiac Creek deposit and several occurrences of breccia
within limestone, or in contact with the limestone, containing coarse grained
galena, brown sphalerite and, in at least one
instance, large (to > 2 cm),
lath-like crystals of minerals interpreted to be white barite. At the present
time, the breccia zones are being investigated
further by additional hand trenching and channel sampling with a diamond saw.
A large number of rock, soil and silt samples have
also been collected during the regional program and results are awaited.
Akie Property Program
Work to date on Akie has
been focused on detailed geologic mapping in the general vicinity of the North
Lead Anomaly located at the northern end of the property. This additional
mapping has provided important information on the distribution of geological
units in this highly prospective area, including identification of carbonate
outcrops which, along with a nearby iron seep, indicate proximity to a shale (Gunsteel)-carbonate
contact, a key stratigraphic marker horizon. The zinc-lead
mineralization in both the Cardiac Creek deposit and the North Lead Anomaly
occurs in Gunsteel shale at, or close to, the contact
with carbonate rocks.� Follow-up
investigations in the form of prospecting and hand trenching are currently
underway.
The North Lead Anomaly, located some 2.3 km northwest of the
nearest drill hole to penetrate the Cardiac Creek deposit, is considered to be
the highest priority target on the Akie property due
to the mineralization encountered in a 1996 drill hole (Inmet;
11.60% zinc and 9.05% lead over an interval of 0.80 metre) within a
geologic environment identical to that at Cardiac Creek.� The mineralization, hosted by Gunsteel shale, is stratigraphically
immediately above a debris flow in which the fragments and matrix have been
replaced by pyrite, sphalerite and galena. This
feature, combined with the presence of quartz-carbonate alteration in footwall
rocks beneath the debris flow and widespread high lead/zinc ratios in samples
of the overlying soil, are supportive of the presence of a hydrothermal feeder zone/vent complex in the area.
Worldwide, SEDEX mineralizing centers such as this exhibit higher grade
mineralization at the transition between the vent complex and the laterally
extensive bedded ore facies.
�We are very excited by what our exploration team has
uncovered thus far during this year�s exploration program,� commented Jim
Mustard, president of Canada Zinc Metals.� �We have always believed that additional
discoveries on trend from the Cardiac Creek deposit would be made and these
very encouraging results further confirm this potential.�
About the Akie and Kechika Regional
Properties
The Akie zinc-lead property
is situated within the southern-most part (Kechika
Trough) 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 Inmet Mining Corporation during the
period 1994 to 1996 and by Canada Zinc Metals Corp. since 2005 has identified a
significant body of baritic-zinc-lead SEDEX
mineralization (Cardiac Creek deposit).�
The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian �Gunsteel� formation.�
The Company has outlined a NI 43-101 compliant inferred resource of 23.6
million tonnes grading 7.6% zinc, 1.5% lead and 13.0 g/t silver (at a 5% zinc
cut off grade).�
Two similar deposits, Cirque and Cirque South Cirque,
located some 20 km
northwest of Akie and owned under a joint venture by Teck Resources and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in
excess of 50 million tonnes (not 43-101 compliant) grading� approximately 10% combined zinc + lead.
In addition to the Akie
property, Canada Zinc Metals Corp. controls a large contiguous group of claims
which comprise the Kechika Regional project. These claims are
underlain by geology identical to that on the Akie
property (Cardiac Creek deposit) and Cirque. This project includes the� 100% owned Mt. Alcock
property, which has yielded a historic drill intercept of 8.8 metres grading 9.3% zinc+lead, numerous zinc-lead-barite occurrences,� and several regional base metal anomalies.
All of the claims (77,889 hectares)
comprising the Akie Property and the Kechika Regional Project are 100% owned by the Company and
encompass prospective Gunsteel stratigraphy
over a distance of some 140
km.. This large land holding is located in northeastern British Columbia,
approximately 280 km
north-northwest of Mackenzie.
Qualified Person
John R. Fraser, P.Geo.
(B.C.), Vice President of Exploration and a Director of Canada Zinc Metals
Corp. is the Qualified Person for the Company, as defined by NI 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�
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pEEYUSH vARSHNEY, LL.B
CEO & CHAIRMAN
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