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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

Comment by ARIMA11on Nov 24, 2017 3:52pm
174 Views
Post# 27027921

RE:RE:Echelon Wealth Partner -- CZX

RE:RE:Echelon Wealth Partner -- CZXThat's great but some of this stuff would have been nice in a shareholder newsletter.
CZX delivered one on the properties of zinc but not ongoing plan for metallurgy?

Otherwise its good news and nice to see more exposure on CZX.
These are from ceo.ca last road show- https://ceo.ca/czx
https://www.youtube.com/watch?v=FoH7qBZrjW4
https://www.youtube.com/watch?v=MzsMLkLPFj8

Encouraging to hear a plan for a brokered placement and coverage.

Finally.

ndiamond wrote:

Looking ahead: CZX has begun a comprehensive metallurgical testing program on 2017 drill core composites (at Base Metallurgical Laboratories Ltd. of Kamloops, BC), under the direction of Tom Shouldice, P.Eng., Principal Metallurgist. Test work is aimed at determining the deposit`s amenability to heavy media pre-concentration followed by conventional flotation to recover lead and zinc into saleable concentrates. A total of 16 composites from five drill holes were prepared, totalling ~430kg of material. The composites comprise one global composite and 3 composites per hole -- representing the hangingwall, the main Cardiac Creek zone, and the footwall zone for each intercept. The global composite will be used for the Phase I program and the composites from each hole for Phase II. The work is in anticipation of a Preliminary Economic Assessment (PEA) assisted by JDS Energy and Mining of Vancouver, BC.

CZX also plans to update the NI 43-101 resource estimate for the Cardiac Creek deposit by the end of the year.

Potential Share Price Catalysts:

Final Assay Results from 8-Hole Akie Drill Campaign Q417; Complete metallurgical test work Q118; Updated Akie Resource Estimate Q218; and Preliminary Economic Assessment Q218

CZX currently trades at an EV/lb Zn-eqiv. (M&I Resources) of US$0.0078/lb, compared with select peers averaging US$0.0247/lb. Based on total resources (M,I&I), CZX trades at US$0.0058/lb, compared with US$0.0187/lb




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