CANADA ZINC METALS CORP.
FOR IMMEDIATE RELEASE
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Akie and Kechika Regional
Property Update
Vancouver, B.C. �
September 23, 2009 � Canada Zinc Metals Corp. (TSX Venture:CZX)
(�Canada Zinc� or the Company) is pleased
to provide the following update on the status of the Company�s extensive, 100%
owned mineral tenures in the Kechika Trough SEDEX
zinc-lead district of northeastern British Columbia.
Project Update
The 2009 exploration program�s focus was on discovery
of new mineralized targets within the Kechika
Regional tenures and completion of additional detailed geologic mapping and
soil, silt and rock sampling in specific areas on both the regional claims and
on the Akie Property. Several new mineral occurrences
have successfully been identified as a result of the 2009 program. The most
prospective ones, based on presently available information, are the �GPS�
barite-laminated pyrite showing and the �Breccia� sphalerite-galena-barite showing in the western and central
areas of the Pie claim, respectively (refer to August 12, 2009 news release for
details). The GPS showing is hosted by black shales
similar to, and along strike from, rocks containing the Cirque deposit. The Breccia occurrence is at a shale-limestone contact, a
common stratigraphic address for lead-zinc
mineralization in the Kechika Trough. The 2009
exploration program has recently been concluded.� Complete analytical data sets for both discoveries are awaited. Once the
results for all samples have been reviewed and compiled, the Company looks
forward to providing this information to shareholders.
Mineral Tenures
The Company�s current mineral tenures comprise two
claim groups, a large eastern block, some 140 km long and encompassing
75,596 hectares,
that includes the Akie Property (10,205 hectares)
and the contained Cardiac Creek zinc-lead deposit, and a nearby, smaller
western block,� that encloses 2,293 hectares. The
eastern claims� are
underlain generally by highly prospective pyritic black shales
of the Gunsteel Formation, the host rocks to the
Cardiac Creek, Cirque and Driftpile deposits and the
important Mt. Alcock
occurrence, while the western claims overlie older pyritic black shales containing abundant structurally controlled pyrite
and lesser sphalerite ..
The Company is very pleased to report that, as a
consequence of two recent submissions to the British Columbia
government of applicable 2008 exploration work expenditures, the expiry dates
of all of the claims in the large block have been
extended to December, 2018.
About the Akie and�
Kechika Regional Properties
The Akie zinc-lead property
is situated within the southern-most part (Kechika
Trough) of the regionally extensive Paleozoic Selwyn
Basin, one of the most prolific sedimentary basins in the world for the
occurrence of SEDEX zinc-lead-silver and stratiform
barite deposits.
Drilling on the Akie
property by Inmet Mining Corporation during the
period 1994 to 1996 and by Canada Zinc Metals since 2005 has identified a
significant body of baritic-zinc-lead SEDEX
mineralization (Cardiac Creek deposit).�
The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian �Gunsteel� formation.�
The Company has outlined a NI 43-101 compliant inferred resource of 23.6
million tonnes grading 7.6% zinc, 1.5% lead and 13.0 g/t silver (at a 5% zinc
cut off grade).�
Two similar deposits, Cirque and Cirque South Cirque,
located some 20 km
northwest of Akie and owned under a joint venture by Teck Resources and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in
excess of 50 million tonnes (not 43-101 compliant) grading� approximately 10% combined zinc + lead.
In addition to the Akie
property, Canada Zinc Metals Corp. controls a large contiguous group of claims
which comprise the Kechika Regional project. These claims are
underlain by geology identical to that on the Akie
property (Cardiac Creek deposit) and Cirque. This project includes the� 100% owned Mt. Alcock
property, which has yielded a historic drill intercept of 8.8 metres grading 9.3% zinc+lead, numerous zinc-lead-barite occurrences,� and several regional base metal anomalies.
Qualified Person
John R. Fraser, P.Geo.
(B.C.), Vice President of Exploration and a Director of Canada Zinc Metals is
the Qualified Person for the Company, as defined by NI 43-101, and is
responsible for the technical information contained in this release.
The
TSX Venture Exchange has neither approved nor disapproved the contents of this
press release.
ON BEHALF OF THE BOARD OF DIRECTORS
CANADA ZINC METALS CORP.
�PEEYUSH VARSHNEY�
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pEEYUSH vARSHNEY, LL.B
CEO & CHAIRMAN
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