The stock price trending up which is a good thing but it also builds expectations....
Of late, I'm seeing the market being harsh with some juniors on drilling results. GTA and BEX last week were examples. I also seen some "non-reaction" with KTN a few weeks back which had a great drilling results... At least I thought so.
I'm curious about expectation in terms of grades of the results for this current cycle and location (Pie) ? Anybody dares to speculate?
I also must admit that while I have a good understanding of gold grade expectations, I have little experience with ZInc. Based on the cardiac results it looks like anything close to 10% or above in Zn+Pb (%) is good... Can anyone confirm? Also in relative terms compared to other zinc players, how does CZX fares?
https://www.canadazincmetals.com/news/2015/index.php?&content_id=225
The results from A-15-130 and A-15-131 are tabulated below.
| Drill Hole | From (m) | To (m) | True Width (m)* | Zn (%) | Pb (%) | Ag (g/t) | Zn+Pb (%) |
| A-15-130 | 596.59 | 649.72 | 34.03 | 3.47 | 0.65 | 7.01 | 4.12 |
| including | 601.00 | 625.75 | 15.82 | 5.68 | 1.09 | 10.51 | 6.77 |
| Including | 606.75 | 625.75 | 12.15 | 6.97 | 1.38 | 12.84 | 8.35 |
| FW | 637.43 | 649.72 | 7.91 | 2.83 | 0.49 | 6.76 | 3.32 |
| including | 637.43 | 640.22 | 1.79 | 8.75 | 1.73 | 15.41 | 10.48 |
| A-15-131 | 266.00 | 289.53 | 21.17 | 5.45 | 1.19 | 10.89 | 6.64 |
| including | 270.13 | 288.53 | 16.57 | 6.46 | 1.24 | 12.24 | 7.70 |
| including | 273.83 | 288.53 | 13.25 | 6.79 | 1.35 | 13.19 | 8.14 |
| including | 277.73 | 288.53 | 9.74 | 8.22 | 1.61 | 16.00 | 9.83 |
| including | 277.73 | 285.40 | 6.91 | 8.99 | 1.80 | 15.46 | 10.79 |
And last thing.... How do one get to these numbers... I will look it up but I assume there are some experts on this boards on the subject matter.
The Company has outlined a NI 43-101 compliant mineral resource at Cardiac Creek, including an indicated resource of 12.7 million tonnes grading 8.4% zinc, 1.7% lead and 13.7 g/t silver (at a 5% zinc cut-off grade) and an inferred resource of 16.3 million tonnes grading 7.4% zinc, 1.3% lead and 11.6 g/t silver (at a 5% zinc cut-off grade). Thanks