Please find below, for your information, an excerpt from this morning's �Metals Morning Note� issued by Salman Partners of Vancouver, British Columbia, Canada.
��in the medium term to long term, the outlook for zinc is brilliant. We note three reasons for this statement:
(a) Western world production of zinc is challenged by the prospect of, beginning in early 2011, declining mine supply;
(b) China�s production of zinc is challenged by apparent capacity constraints at the smelting/refining level;
(c) the �pinch-point�TM relationship between zinc inventories and zinc prices has become more supportive of higher zinc prices.�
Regards,
Canada Zinc Metals Corp.
TSX.V: CZX; Frankfurt: A0F7E1
About Canada Zinc Metals Corp.
Canada Zinc Metals is a mineral exploration company focused on unlocking the potential of a future long life mining district in British Columbia, Canada. The Company is the dominant land holder in a world class mineral belt called the Kechika Trough which hosts in excess of 80 million tonnes of base metal resources. Canada Zinc Metals owns a total of 78,526 hectares in 233 claims which extend northwestward from the Akie property for a distance of 125 km.
The Company has filed a NI 43-101 report supporting the estimated inferred resource of 23.6 million tonnes grading 7.6% Zn, 1.5% Pb and 13.0 g/t Ag (at a 5% Zn cut off grade) at its flagship Akie property. Using this estimate, the deposit contains 3.95 billion pounds of zinc, 780 million pounds of lead and 8.95 million ounces of silver. The deposit remains open in all directions.
Please visit us at www.canadazincmetals.com
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Canada Zinc Metals Corp
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EXPLORATION STAGE |
CODE : CZX.V |
ISIN : CA5646131071 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Canada Zinc is a zinc exploration company based in Canada. Its main exploration properties are KECHIKA and AKIE (CARDIAC CREEK) in Canada. Canada Zinc is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 49.6 millions as of today (US$ 38.5 millions, € 32.2 millions). Its stock quote reached its highest recent level on January 14, 2011 at CA$ 0.83, and its lowest recent point on April 15, 2016 at CA$ 0.10. Canada Zinc has 159 930 000 shares outstanding. |