RE:RE:Results.Absolutely spectacular drill results. Wow.
Also don't worry your little head about premiums that might be paid. If you do your homework you'll see that the CZX financings that Tongling was involved in they paid almost 100% premium to market once and about 35% premium once. Teck and KZ paid about 100% premium to market for their financing into CZX.
Exciting stuff.
2017 Drill Result Highlights
· Drill hole A-17-137 returned 11.79% Zn+Pb and 19.1 g/t Ag over a true width of 57.79 metres including 14.51% Zn+Pb and 23.4 g/t Ag over a true width of 37.06 metres as well as 15.44 metres of 22.61% Zn+Pb and 36.2 g/t Ag.
· Drill hole A-17-138 returned 7.75% Zn+Pb and 10.4 g/t Ag over a true width of 24.96 metres including 10.07% Zn+Pb and 12.3 g/t Ag over a true width of 11.82 metres
Mr. Peeyush Varshney, CEO of Canada Zinc Metals, commented: “We are very pleased to report the spectacular results from Hole 137 which represents the best intersection ever encountered on the Cardiac Creek deposit. The drilling in 2017 continues to demonstrate the consistent nature of the high-grade core to the Cardiac Creek deposit in terms of grade and thickness. While we continued to expand the high-grade core in 2017, the potential remains to expand the overall limits of the deposit at depth and along strike. We look forward to reporting the remaining results from the 2017 drill program.”
“The Cardiac Creek deposit is a top tier zinc asset with a large, tabular, conformable resource defined that is amenable to underground mining methods, and strategically located within the Kechika Trough, an untapped massive Zn-Pb-Ag SEDEX district, of which Canada Zinc Metals is the dominant landholder,” continued Mr. Varshney.