Please find below, for your information, excerpts from the July 19, 2011 �Metals Morning Note� issued by Salman Partners of Vancouver, British Columbia, Canada.
Regards,
Canada Zinc Metals Corp.
TSX.V: CZX; Frankfurt: A0RAQJ
�Line-ups at warehouses in New Orleans appear to reflect a strong rebound in end-user demand
Why New Orleans matters: Dow Jones reports that 61% of the stocks of zinc reported by the London Metal Exchange are stored in New Orleans. And there is now a 44-day wait for �anyone looking to get metal out of� the LME warehouses. Until this week, the wait was only seven days�line-ups in New Orleans do seem to reflect end-user demand.�
�Furthermore�we continue to believe that a series of mine closures are putting us in a position of growing shortages of zinc mining capacity.�
The Note goes on to suggest how investors can play the imminent shortage of zinc and names Canada Zinc Metals as one of the alternatives for the development of zinc resources. It also mentions the proposed acquisition of zinc producer Breakwater Resources by Nyrstar NV and how that transaction may be an indication of how zinc companies, including Canada Zinc Metals, may also be the object of acquisition by smelting / refining companies based in North America, Europe, China or India.
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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.
Tongling Nonferrous Metals Group and Lundin Mining are significant shareholders of the Company.
Please visit us at www.canadazincmetals.com