News

Drilling intersects 3.04 m of 9.58 % Zinc+Lead and 15.42g/t Silver in hole A-10-75 on the Cardiac Creek Deposit & Drilling intersects large interval of Mineralization on the North Lead Anomaly

Vancouver, British Columbia, Canada – Monday, December 20, 2010 – Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to provide the balance of drilling results from the recently completed 2010 diamond drill program on its 100% owned Akie property, which includes the Cardiac Creek SEDEX zinc-lead-silver deposit.  The property is located approximately 260 kilometers north-northwest of the town of Mackenzie in northeastern British Columbia, Canada.

2010 Akie Property Drill Program

During the 2010 diamond drilling program on the Akie property, eleven drill holes were completed totaling 6,127.57 metres of drilling.  Exploration targets included the Cardiac Creek deposit (3 holes), the NW Extension (4 holes) and the highly prospective North Lead Anomaly (4 holes). All drill holes intersected mineralized shales of the Gunsteel formation, the primary host of the Cardiac Creek deposit.  Please refer to the June 30, 2010 press release for more details on the geological setting and the objectives for the 2010 program.

This release details results from hole A-10-75 on the Cardiac Creek deposit and hole A-10-76 on the North Lead Anomaly.

            Cardiac Creek Deposit

Drilling on the Cardiac Creek deposit focused on the northwestern edge and central areas of the deposit.  Three drill holes were completed totaling 2,078.78 metres (A-10-73B, A-10-74 and A-10-75).  Drill hole A-10-75 represents the second of two holes testing the northwestern edge of the deposit. In addition to the Cardiac Creek Zone, a thick Hanging Wall Zone was intersected which may represent a locally folded sequence.  Additional drilling is required to further determine the significance of this zone.

Results from A-10-75 can be seen in the following table.

“We are pleased with the assay results of hole A-10-75 as it confirms significant mineralization continues on the northwestern edge of the Cardiac Creek deposit,” stated Mr. Peeyush Varshney, President and CEO of Canada Zinc Metals.  “Hole A-10-75 represents about a 100 meter stepout downdip from hole A-07-46.”

“Also of great interest is the additional 24.70 metres of zinc-lead mineralization that was intersected in the Hanging Wall Zone.”

            North Lead Anomaly

The drilling on the North Lead Anomaly continued to test the mineralization encountered in the 2008 Canada Zinc Metals and 1996 Inmet Mining drill holes.  Four drill holes (A-10-67, A-10-68, A-10-70, and A-10-76) were completed totaling 2,584.79 metres of drilling.  The final drill hole, A-10-76, of the 2010 program was drilled 200 metres along strike, northwest of A-10-68, and tested the large intersection of mineralization encountered in that drill hole.  Drill hole A-10-76 encountered a similarly large 129.97 metre interval from 614.78 to 744.75 metres of interbedded Gunsteel Formation shale with thinly to thickly bedded pyrite mineralization that occurs at the same stratigraphic position and is similar in character to that of pyrite mineralization closely associated with the Cardiac Creek deposit.  Results from the interval returned anomalous zinc values ranging from 0.10 to 0.48%.  In addition, the mineralization contains geological features which had been known only to occur within Cardiac Creek style mineralization.  Previously reported results from A-10-68 are listed in the table below (see November 4^th, 2010 press release).