Please find below, for your information, excerpt
s from this morning's �Metals Morning Note� issued by Salman Partners of Vancouver, British Columbia, Canada.
��we continue to believe that early to mid-2011 should see the beginning of a parade of declines in zinc mines� grades and of outright mine exhaustions, led by the depletion of reserves at Xstrata PLC�s Brunswick mine in New Brunswick.�
�(a) the market is recognizing that, as we noted above, a long-term shortage of global zinc-mining capacity should begin in 2011;
(b) the market is also recognizing that China is supplanting the entire Western world as the world�s largest consumer of zinc;
(c) the market also recognizes that China may be bumping up against a ceiling in terms of its ability to smelt and refine zinc.
�we believe that zinc has bright prospects in the medium and long term.�
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.
Tongling Nonferrous Metals Group and Lundin Mining Corp. are current significant shareholders of Canada Zinc Metals Corp.
Please visit us at www.canadazincmetals.com
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