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Canada Zinc Metals Corp. V.CZX

"Canada Zinc Metals Corp is a Canada based company that operates only in one business segment, that being the Exploration and Evaluation of resource properties. The organization extracts majorly zinc, lead, and silver, out of which zinc provides more revenue to the company."


TSXV:CZX - Post by User

Post by ARIMA11on Oct 03, 2017 5:26pm
129 Views
Post# 26772674

Results.

Results.Two additional drill holes from the Sept. 15th results, bring us to a total of four. Meaning there are four more to come. They are releasing two holes at a time. It's not clear in the news release, but I guess if you're new, its all news! As indicated by the release the results are very impressive.

The 17-137
Average True Width (m) is biggest (34.89) of any prior holes they have dug to date.  Zn+Pb (%) is the third best of all drill holes. Again, not a mining expert but average excluding FW and MS.

The 17-138
Average True Width (m) is 6th best (23.36) dug to date.  Zn+Pb (%) is not as good in content. Results are similar to 17-133.

Drill Hole From (m) To (m) True Width (m)* Zn (%) Pb (%) Ag (g/t) Zn+Pb (%)
A-17-137 454.4 559.44 57.79 9.72 2.07 19.1 11.79
CCZ 466.78 534.09 37.06 11.83 2.68 23.4 14.51
including 480.93 534.09 29.26 14.32 3.33 28 17.65
including 506 534.09 15.44 18.27 4.34 36.2 22.61
FW 544.48 559.44 8.2 14.41 2.36 25.3 16.77
MS 559.44 565 3.04 0.98 0.23 10 1.21
A-17-138 403.32 440.85 33.4 5.33 0.91 9 6.24
CCZ 412.15 440.17 24.96 6.6 1.15 10.4 7.75
including 426.27 439.52 11.82 8.5 1.57 12.3 10.07
A-17-132 520.29 573.08 42.43 6.41 1.08 10.6 7.49
CCZ 537.41 573.08 28.67 8.84 1.54 14.2 10.38
including 546.41 571.06 19.81 10.52 1.87 15.9 12.39
including 546.41 566.01 15.75 10.96 2.01 16.7 12.97
including 546.41 559.05 10.16 12.18 2.24 17.2 14.42
A-17-133 341.08 388.38 33.14 4.77 0.78 8.5 5.55
CCZ 351.03 387.57 25.63 5.68 0.94 9.6 6.62
including 361.9 381.1 13.48 8 1.4 12.9 9.4
including 367.68 381.1 9.42 10.3 1.81 16 12.11
               
Drill Hole     True Width (m)*       Zn+Pb (%)
A-17-137                                                         34.89 FW,MS excluded.           16.64
A-17-138                                                         23.39                 8.02
A-17-132                                                         23.36               11.53
A-17-133                                                         20.42                 8.42
               
Histx Drill Hole     True Width (m)*       Zn+Pb (%)
05 to 15                                                         17.82               15.07
               
               
Drill Hole     True Width (m)*       Zn+Pb (%)
_05-30     24.63       14.69
_05-32     19.6       14.7
_07-42     8.6       17.07
_07-45     26.11       16.98
_07-49     14.13       13.65
_07-50     14.69       20.08
_07-51     24.63       12.4
_07-53     11.36       15.15
_08-57     14.44       12.14
_15-121     20.84       15.69
_15-124     17.04       13.2

Let's see how the market reacts tomorrow (hope that the results are not "priced in" as today's volume was indicative that hats were tipped) but hole 17-137 is nothing short of impressive.

Overall, cumulative results indicate large area are consistent in terms of Zn+Pb (%) content alone excluding Pb (%), Ag (g/t). Let's see how the market reacts tomorrow.
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