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Canadian Zinc Corp

Publié le 21 janvier 2014

Engineering and Procurement Contracts awarded for Prairie Creek Mine

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Mots clés associés :   Canada | Copper | K Street | Report | Zinc |

 

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NEWS RELEASE

 For Immediate Release

ENGINEERING AND PROCUREMENT CONTRACTS AWARDED
FOR PRAIRIE CREEK MINE

Canadian Zinc Corporation
Suite 1710 - 650 West Georgia Street, Vancouver, BC, V6B 4N9

Tel: (604) 688-2001
Fax: (604) 688-2043
Toll free: 1-866-688-2001


czn@canadianzinc.com
www.canadianzinc.com


Stock Exchange: TSX
Stock Symbol: CZN
Stock Quote: Click Here

TwitterTwitter Updates

Vancouver, British Columbia, January 20, 2014 - Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) (�?othe Company�?� or �?oCanadian Zinc�?�) is pleased to announce the engagement of Tetra Tech for engineering and procurement services relating to the Company�?Ts 100% owned Prairie Creek zinc/lead/silver mine in the Northwest Territories.

Tetra Tech has been engaged to provide technical services for basic engineering and procurement services for the development of major equipment packages, facility rehabilitation and repair work and capital items for the Prairie Creek Mine. Specifically these technical services will develop tender packages for mine rehabilitation and development; mill completion, power generation and distribution; heat recovery systems; a dense media separation plant; a paste fill plant; a water treatment plant; instrumentation and control systems; camp construction and winter road construction and maintenance needed to put the Prairie Creek Mine into production.

Canadian Zinc and Tetra Tech will issue these tender packages for competitive tender to qualified bidders in the first and second quarters of 2014, giving full recognition to opportunities for participation by local First Nations and adjacent communities.

The tendering and procurement process, to be managed by Tetra Tech, is an important phase of the project that will refine and augment the design work completed previously and will generate definitive estimates of the capital cost and schedules required to place the Prairie Creek Mine into operation.

Canadian Zinc has also engaged AMC Mining Consultants (Canada) Ltd. (�?oAMC�?�) to undertake an optimization study of the underground mine plan with a view to reducing the initial development, shorten the development schedule and optimize mine operating costs.

The engagement of Tetra Tech and AMC follows receipt of the Type �?oA�?� Water Licence and all permits needed to operate the mine and marks the start of engineering and procurement to complete the construction and development of the Prairie Creek Mine.

About Tetra Tech

Tetra Tech is a leading provider of consulting, engineering, project management and technical services worldwide. Tetra Tech�?Ts Vancouver office includes a team of experienced professionals specializing in the design, delivery and support of all engineering disciplines. Tetra Tech�?Ts capabilities include engineering, procurement, logistics and construction management of underground and surface mines, mineral processing plants, power, and administrative infrastructure with recent experience of major projects in northern Canada, including the Ekati Diamond Mine and, the Izok zinc copper project.

About AMC Mining Consultants (Canada) Ltd.

AMC is a leading independent mining consultancy, providing services to plan new mines and improve the operations of existing mines with a primary focus on achieving optimum output and return. AMC has worked previously with Canadian Zinc and has extensive knowledge of the Prairie Creek deposit, carried out the 2012 mineral resource estimation, and authored the 2012 Technical Report.

About Canadian Zinc

Canadian Zinc is a TSX-listed exploration and development company trading under the symbol �?oCZN�?�. The Company�?Ts key project is the 100%-owned Prairie Creek Project, a fully permitted, advanced-staged zinc-lead-silver property, located in the Northwest Territories.

The Prairie Creek Project contains a Mineral Reserve of 5.2 million tonnes averaging 9.4% zinc, 9.5% lead and 151 g/t silver. In addition, Prairie Creek hosts an Inferred Resource of 6.2 million tonnes averaging 14.5% zinc, 11.5% lead, 0.57% copper and 229 g/t silver. (AMC Mining Consultants (Canada) Ltd.. J M Shannon and D Nussipakynova, Qualified Persons, June 2012).

Prairie Creek is an underground operation that will utilize multiple mining methods to access readily available ore. Canadian Zinc has the majority of infrastructure in place including a 1,000 tonne per day mill, five kilometres of underground workings and related equipment, a heavy duty and light duty surface fleet, three exploration diamond drills and a 1,000 m airstrip.

Canadian Zinc also owns an extensive land package in central Newfoundland that includes the South Tally Pond project, which hosts the Lemarchant deposit, along with other exploration targets. The Company recently acquired Messina Minerals Inc. (refer to December 20, 2013 press release). Messina�?Ts key projects are the Tulks South project and the Long Lake project, both of which are situated approximately 50 kilometers from Canadian Zinc�?Ts Lemarchant deposit of the South Tally Pond Project. A detailed and updated database is now being assembled from which exploration programs will be planned on key central Newfoundland properties during 2014.

For further information contact:
John F. Kearney
Chairman
(416) 362-6686

Suite 700 �?" 220 Bay Street
Toronto, ON M5J 2W4
Fax: (416) 368-5344
Alan B. Taylor
VP Exploration & Chief Operating Officer
(604) 688-2001

Suite 1710-650 West Georgia Street,
Vancouver, BC V6B 4N9
Fax: (604) 688-2043
Tollfree:1-866-688-2001
Steve Dawson
VP Corporate Development
(416) 203-1418

Suite 700 �?" 220 Bay Street
Toronto, ON M5J 2W4
Fax: (416) 368-5344

 

E-mail: invest@canadianzinc..com   Website: www.canadianzinc.com

Cautionary Statement �?" Forward-Looking Information

This press release contains certain forward-looking information, including, among other things, the expected completion of acquisitions and the advancement of mineral properties. This forward looking information includes, or may be based upon, estimates, forecasts, and statements as to management�?Ts expectations with respect to, among other things, the completion of transactions, the issue of permits, the size and quality of mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital costs, mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the outcome of legal proceedings, the timing of exploration, development and mining activities, acquisition of shares in other companies and the financial results of the company. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.

Cautionary Note to United States Investors

The United States Securities and Exchange Commission (�?oSEC�?�) permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as �?omeasured,�?� �?oindicated,�?� and �?oinferred�?� �?oresources,�?� which the SEC guidelines prohibit U.S. registered companies from including in their filings with the SEC. 

 

 



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Canadian Zinc Corp

EN DÉVELOPPEMENT
CODE : CZN.TO
ISIN : CA1368021053
CUSIP : 136802-10-5
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Canadian Zinc est une société développant des projet miniers de zinc et d'argent basée au Canada.

Canadian Zinc est en développement de projets de zinc, d'argent et d'or au Fidji.

Son principal projet en développement est TUVATU au Fidji et son principal projet en exploration est PRAIRIE CREEK au Canada.

Canadian Zinc est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 30,6 millions CA$ (23,2 millions US$, 20,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 20 février 2004 à 2,04 CA$, et son plus bas niveau récent le 04 décembre 2015 à 0,06 CA$.

Canadian Zinc possède 265 920 016 actions en circulation.

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Rapports annuels de Canadian Zinc Corp
2007 Annual Report
Financements de Canadian Zinc Corp
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13/06/2013Reports on Election of Directors at Annual General Meeting o...
Rapports Financiers de Canadian Zinc Corp
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31/03/2016CZN Reports Financial Results for 2015
13/11/2015Reports Results for Third Quarter 2015
14/08/2015Reports Financial Results for Second Quarter 2015
31/03/2015Reports Financial Results for Fiscal 2014
15/11/2013CZN Reports Financial Results for Third Quarter 2013
13/08/2013Reports Financial Results for Second Quarter 2013
13/05/2013Reports Financial Results for First Quarter 2013
20/03/2013REPORTS FINANCIAL RESULTS FOR FISCAL 2012
10/08/2012Reports Financial Results for Second Quarter 2012
16/03/2012Reports Financial Results for Fiscal 2011
17/03/2011Reports Financial Results for Fiscal 2010
17/11/20092009 Third Quarter Results
17/08/2009Reports Second Quarter 2009 Results
16/05/20092009 First Quarter Results
08/08/2008Reports Second Quarter 2008 Results
15/05/2008First Quarter Results
Projets de Canadian Zinc Corp
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18/09/2013(Prairie Creek)Granted Water Licence for Prairie Creek Mine
21/06/2013(Prairie Creek)CZN RECEIVES PERMITS FOR OPERATION OF PRAIRIE CREEK MINE
25/03/2013(Prairie Creek)RECEIVES PROPOSED WATER QUALITY CONDITIONS IN DRAFT WATER LI...
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26/09/2011(Prairie Creek)oration: Environmental Assessment of Prairie Creek Mine Ente...
22/08/2011(Prairie Creek)and Government of the Northwest Territories Sign Socio-Econo...
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21/06/2016JUNE 21, 2016: CANADIAN ZINC REPORTS ON ANNUAL GENERAL MEETI...
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14/08/2015AUGUST 14, 2015: CANADIAN ZINC REPORTS FINANCIAL RESULTS FOR...
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TORONTO (CZN.TO)FRANKFURT (SRS.F)
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