..Tinka TK.V has a CAD 120M MC and 18.8 MT of inferred 8% Zn-Eq resources that are about 70% zinc by metals content. This is before their huge 2017 South Ayawilca discovery. Tinka is a buy here. This post is about two other explorers though. Tinka is a comp.
Canada Zinc Metals CZX.V has 28MT of Indicated and inferred 9% Zn-Eq resources at that are about 85% zinc by metals content. This is their Cardiac Creek Deposit. CAD 53M MC or half that of Tinka. CZX.V has released some of the best holes yet on Cardiac Creek:
CZX.V is 30% owned by Chinese Tongling Nonferrous Metals who is one of of biggest smelters in the world. For comparison, Sewlyn mines north in the Yukon was bought out by a Korean smelter. Cardiac Creek is in BC.
In addition both Teck and Korea Zinc are earning in to CZX.V's other properties - CZX.V has three potential suitors. 28MT @ 9% Zn-Eq is a world class resource so I think CZK is a good speculation here anyways.
Canadian Zinc CZN.TO - different company. Has former producing Prarie Creek Mine and just announced a feasibiltiy study with the results speaking for themselves. 8MT LOM at 9% zinc plus 9% lead or 18% Zn+Pb. This is nice and high grade.
NPV is miles above market cap but they would have to finance it. They ran feasiblity study at $1.10 zinc though.
Also - the upgrade of the winter road to all season has been approved by the local authority, but I believe they still need the provincial regulatory approval. This is in order to power this remote mine by LNG instead of Diesel.
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