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Canada Zinc Metals Corp (CZXMF)

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Last Post: 3/10/2017 5:51:24 PM - Followers: 1 - Board type: Free - Posts Today: 0

(TSX-V: CZX) (OTC: CZXMF) Canada Zinc Metals (CZX) is the dominant landholder in a prolific mineral belt called the Kechika Trough. This trough hosts several known Zinc-Lead-Silver base metals deposits, including the Company's flagship Cardiac Creek deposit. CZX has two 100% owned extensive tenure packages: 1. Akie (hosting the Cardiac Creek deposit) 2. Kechika Regional Both of these packages hold significant blue sky potential. Together, they represent a massive 140 kilometer strike length of exploration potential over 233 individual claims. These claims are all contiguous in one large package covering the known extent of the Gunsteel Formation shales within the trough. That means Canada Zinc Metals (CZX) could become a massive district play. Not only are district plays precisely what major zinc producers want to own, but there simply aren't many district zinc plays. So let's get into what makes Canada Zinc Metals so special, starting with its flagship asset: Cardiac Creek. A Premier Undeveloped Project The Akie is a massive 116km2 property that hosts the Company's flagship Cardiac Creek deposit. Earlier this year, CZX announced a revised NI 43-101 compliant resource for the Cardiac Creek Deposit: Indicated 19.6 million tonnes grading 8.2% zinc, 1.6% lead and 13.6 g/t silver (at a 5% zinc cut-off ) Inferred 8.1 million tonnes grading 6.8% zinc, 1.2% lead and 11.2 g/t silver (at a 5% zinc cut-off ) This new resource establishes the Cardiac Creek deposit as one of the premier undeveloped zinc-lead-silver rich base metal projects in the world. Unlike many of the other so-called "zinc plays," Cardiac Creek is, in fact, a true pure zinc play. It's a simple calculation: there's much more zinc than there is lead (5 to 1 ratio). This is primarily a zinc deposit. Yet, this world-class resource could become even better. That's because the resource occurs as a continuous zone, remains open along strike and at depth, with the high-grade core open primarily down-dip and along strike to the northwest. It's 1.3 km along strike, 800 metres down dip, averages over 20 metres in width, and dips around 70 degrees to the southwest. Grades also appear to be getting higher as they go deeper. In Layman terms, the full extent of this deposit has yet to be explored and it is expected that the resource could likely grow with further drilling. And that's precisely what CZX is planning for next year. Mineability Nothing is more irritating than a great resource that's hard to mine or understand. But that's what makes Cardiac Creek such a valuable and important resource. Take a look: Basically, the deposit is this massive slab of mineralization that dips 70 degrees to the southwest. Why is the 70-degree dip important? Horizontal veins are harder to mine because you have to pull the rock out along flat drifts. But if Cardiac Creek were to become a mine, the 70-degree dipping slab of mineralization means they can let gravity do the work, making it cheaper and safer to mine. You could say that the Cardiac Creek deposit has already reached critical mass to become a mine on its own, but starting next year, Canada Zinc Metals plans on exploiting this potential by going even deeper into the system. If they hit as planned, we'll see more tonnage and potentially higher grades - all of which will add to the value and economics of the project. But the deposit is just beginning of Canada Zinc Metal's potential. In fact, Canada Zinc Metal's assets could become one of the biggest zinc discoveries in the world.
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#4   Could be a good entry point, if you bigone 03/10/17 05:51:24 PM
#3   Always shopping for low(er) risk entries..... nowwhat2 03/09/17 10:13:03 PM
#2   Hello !!!!!! We have been here for a bigone 02/15/17 04:29:38 PM
#1   Canada Zinc Metals Corp (CZXMF) bigbux1 11/20/16 10:44:56 PM
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