Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to announce that it has added additional mineral claims to its 100% owned Kechika Regional Project. The new property, designated Yuen North, lies between and is contiguous with the Mt. Alcock property to the north, and the Yuen property to the south.

 

The Yuen property, along with the Cirque East and Pie properties, are the subject of an option agreement entered into with Teck Resources Limited ("teck" tsx:TCK.B) and Korea Zinc Company Ltd. ("Korea Zinc"), pursuant to which Teck and Korea Zinc can spend up to $8.5 million to acquire up to 70% interest in the Pie, Cirque East and the Yuen properties. The new Yuen North property is not included in the option agreement.

 

The Akie property is the Company's flagship exploration project and host to the Cardiac Creek SEDEX Zn-Pb-Ag deposit. The Kechika Regional Project, represented by a series of contiguous property blocks including Pie and Mt. Alcock, extends northwest from the Akie property for approximately 140 kilometres covering the highly prospective Gunsteel Formation shale. The southernmost project boundary is located approximately 260 kilometres northwest of the town of Mackenzie, in northeastern British Columbia, Canada.