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
Brian Atkins	Director
Martin Rip	Chief Financial Officer, Corporate Secretary

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 Ontario Suite 700, 220 Bay Street Toronto, Ontario M5J 2W4 Phone: 416.362.6686 Fax: 416.368.5344 Northwest Territories Suite 4, Government of Canada Building 9606 - 100 Street Fort Simpson Northwest Territories X0E 0N0 Phone: 867.695.3963 Fax: 867.695.3964

Capital Issued & Outstanding: 120,213,962 Fully diluted: 141,953,205

Additional Information

Annual General Meeting June

Year End December 31

Related News

04/09/08 - Canadian Zinc Continues To Unravel The Green Tape Around The Prairie Creek Zinc Property
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

04/11/08 - MEMORANDUM OF UNDERSTANDING SIGNED WITH NAHANNI BUTTE DENE BAND, NAHANNI BUTTE NT.
21/10/08 - Canadian Zinc Corporation: Memorandum of Understanding Signed With Liidlii Kue First Nation, Fort Simpson NT
21/08/08 - Permitting Update
08/08/08 - CANADIAN ZINC REPORTS SECOND QUARTER RESULTS
31/07/08 - MEMORANDUM OF UNDERSTANDING SIGNED WITH PARKS CANADA
22/07/08 - PRAIRIE CREEK PERMITTING UPDATE