Please find below, for your information, an excerpt from the April 8, 2011 �Metal Prospects � Zinc Market Outlook � Second Quarter 2011� issued by RBC Capital Markets, Canada.
Regards,
Canada Zinc Metals Corp.
TSX.V: CZX; Frankfurt: A0RAQJ
�We forecast inventories to peak in 2012 and begin to decline sharply in 2013. Our forecast rebound in demand will be matched by rising mine production in 2011 and 2012, leaving the market in surplus. In 2013, we expect a shortage of mine supply to result in a large deficit, drawing inventories down significantly. Continuing deficits will draw inventories down well below critical levels in 2015.�
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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
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Canada Zinc Metals Corp
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EXPLORATEUR |
CODE : CZX.V |
ISIN : CA5646131071 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Canada Zinc est une société d’exploration minière de zinc basée au Canada. Ses principaux projets en exploration sont KECHIKA et AKIE (CARDIAC CREEK) au Canada. Canada Zinc est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 49,6 millions CA$ (38,5 millions US$, 32,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 14 janvier 2011 à 0,83 CA$, et son plus bas niveau récent le 15 avril 2016 à 0,10 CA$. Canada Zinc possède 159 930 000 actions en circulation. |