Canada Zinc Metals â€" Exhibiting at the 2009 International Chinese Investment Forum
Vancouver, British Columbia, Canada - Thursday, September 10, 2009 – Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that it will be exhibiting at the 2009 International Chinese Investment Forum, being held at the River Rock Show Theatre, Richmond, B.C., on Sunday, September 13, 2009 from 10am to 6pm.
Mr.
Peeyush Varshney, CEO and Chairman of Canada Zinc Metals, extends an invitation to visit Booth #34. The Company will be handing out information brochures as well as displaying some of the high grade drill core obtained from the exploration programs at the Company’s Akie property.
Jim Mustard, President of Canada Zinc Metals, will be giving a 30 minute presentation about the Company in the Theatre Upper Foyer at 11:15 am.
In July 2009, Tongling Nonferrous Metals Group Holdings Co. Ltd., a state-owned holding company, and one of China’s largest copper smelting companies, purchased 11.5 million units of the Company at a price of $0.425 per unit and now holds a 13% equity position in Canada Zinc Metals.
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.
About the Akie Property
The Akie zinc-lead property is situated within the southern-most part (Kechika Trough) of the regionally extensive Paleozoic Selwyn Basin, one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits.
Drilling on the Akie property by Inmet Mining Corporation during the period 1994 to 1996 and by Canada Zinc Metals since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization (Cardiac Creek deposit). The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian ‘Gunsteel’ formation. 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). The complete NI 43-101 technical report, titled “Geology, Diamond Drilling and Preliminary Resource Estimation, Akie Zinc-Lead-Silver Property, Northeast British Columbia,
Canada” and dated May 30, 2008, can be viewed on SEDAR.
Two similar deposits, Cirque and South Cirque, located some 20 km northwest of Akie and owned under a joint venture by Teck Cominco and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in excess of 50 million tonnes.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
CANADA ZINC METALS CORP.
“PEEYUSH VARSHNEY”
PEEYUSH VARSHNEY, LL.B
CEO & CHAIRMAN