NORTHWEST TERRITORIES - The latest measured and indicated resource estimate from the Main zone at the Prairie Creek project includes 5.8 million tonnes of material with a combined lead-zinc grade of over 20%. The project, 100% owned by CANADIAN ZINC CORP. of Vancouver, is located 200 km west of Fort Simpson.
Three types of mineralization - vein, stratabound and stockwork - are recognized at the Prairie Creek deposit. Most of the ore occurs in the vein where measured and indicated resources are 3.9 million tonnes grading 12.42% Pb, 11.63% Zn, 212.27 g/t Ag and 0.47% Cu. Next in size is the stratabound material, which contains 1.3 million tonnes grading 5.65% Pb, 10.49% Zn and 64.66 g/t Ag. The stockwork mineralization includes 682,165 tonnes of indicated resources at 2.68% Pb, 5.85% Zn, 80.15 g/t Ag and 0.11% Cu. There is also an inferred resource totalling 5.5 million tonnes in all forms; this material grades 11.43% Pb, 13.53% Zn, 214.80 g/t Ag and 0.51% Cu.
Details of how the resource estimate was made are available at www.CanadianZinc.com.
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