Company Information for Canadian Zinc Corp

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Company Statement

Canadian Zinc Corporation is a Toronto listed junior exploration company, trading under the symbol CZN. The company’s main project is the Prairie Creek Silver & Zinc mine in Canada. The Company has an experienced Executive and Board based in Vancouver BC.

Canadian Zinc’s long-term aim is to bring the 100%-owned Prairie Creek Mine in the Mackenzie Mountains of the Northwest Territories into production at the earliest possible date. The mine, which has a fascinating history, is a silver and base metals property already in the advanced stages of development, with substantial resources of high-grade silver, zinc, and lead. Exposures of mineralized vein structures, which overly thicker Stratabound mineralization, both of which are included in the present resource, are known to occur over a distance of 16 KM's through the property.

Current Operations

The Company’s principal focus is the exploration and development of the  100% owned  Prairie Creek mine, a large  high-grade  zinc/lead/silver property located in the Deh Cho Region of the  Northwest Territories of Canada.

The Prairie Creek Mine is partially developed with an existing 1000 tpd mill and related  infrastructure. The  Prairie Creek Property  hosts a major mineral  deposit containing an estimated, 3 billion  pounds of zinc,  2.2 billion  pounds  of  lead  and  approximately  65  million  ounces  of  silver, with significant  exploration  potential.   Zone 3  of  the  deposit,  as currently known,  contains  a recently completed NI 43-101 compliant report estimated  resource of 5.5 million tonnes (measured  and  indicated in vein and stratabound) grading 13.54% zinc; 11.44% lead, 0.5% copper and 175.8  grams silver per tonne and 5.5 million tonnes  (inferred) grading  13.54% zinc, 11.44% lead  and  0.5% copper and 214.9 grams silver per tonne. 

In  2001  the Company  completed a  preliminary  scoping  study  designed  to  outline  and  guide the redevelopment  of the  existing mine and mill on  the Prairie Creek Property.   The Prairie Creek Project is located in an environmentally sensitive remote area in the  Mackenzie Mountains,  within  the watershed of the  South  Nahanni  River and in proximity to, but outside, the Nahanni National Park Reserve.  The mine is located in the Northwest Territories in an area  which  is  claimed by the DehCho First Nations  as their  traditional  territory.  No land claim settlement agreement has been reached between Canada and the DehCho.  Although the Company holds  permits for the exploration and development of the Prairie Creek Property, the Company does not have all the permits necessary to  operate  the  mine. The Company has entered into numerous Environmental Assessments for permitting, hence a detailed environmental database has been established which will prepare it well for future operations. 

The Company continues to steadily advance the Prairie Creek Mine towards eventual production. Canadian Zinc Corporation recognizes the extreme sensitivities of its location and feels confident that development can co-exist with conservation and that one need not threaten the other. Even though the Prairie Creek Property Property has an extensive history there still remains excellent potential to discover further additional mineral resources that will supply a producing mine for many years to come. 

Geographical Spread

Geographical spread Canada - Northwest Territories Metals Exposure Base Metals plus Silver and Gold

Board of Directors and Key Management

John F. Kearney	Director, Chairman and President
Alan Taylor	Director, Vice President Exploration, Chief Operating Officer
Robert Gayton	Director
John MacPherson	Director
Dave Nickerson	Director
Alan Savage	Director

Company Address Suite 1710 650 West Georgia Street Vancouver, V6B 4N9 Telephone: +604 688 2001 Facsimile: +604 688 2043 Email: invest[at]canadianzinc.com Website: http://www.canadianzinc.com

Additional Address/Key Contact Toronto Suite 1002, 111 Richmond Street West Toronto, Ontario, Canada M5H 2G4

Annual General Meeting June

Year End December 31

Related News

31/03/08 - Pack A Picnic Lunch: Canadian Zinc’s Prairie Creek Mine Is Now In A National Park
27/07/07 - Canadian Zinc Set For A Busy Summer At Prairie Creek

Most Recent Statement

15/05/08 - CANADIAN ZINC REPORTS FIRST QUARTER 2008 RESULTS
14/11/07 - Canadian Zinc Reports Third Quarter 2007 Results
15/10/07 - NEW CFO APPOINTED/STOCK OPTIONS GRANTED
09/10/07 - MINERAL RESOURCES CONFIRMED AND UPGRADED AT PRAIRIE CREEK MINE
21/08/07 - SPROTT ASSET MANAGEMENT CONTROLS 15.6% OF CANADIAN ZINC CORPORATION
14/08/07 - CANADIAN ZINC REPORTS SECOND QUARTER 2007 RESULTS