Prairie Creek Mine, Northwest Territories
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 overlie thicker stratabound mineralization, both of which are included in the present resource, are known to occur over a distance of 16 kilometres through the property.
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Central Newfoundland Projects
Beginning in 2012, Canadian Zinc focused efforts in a second area of interest in central Newfoundland. Canadian Zinc acquired Paragon Minerals and their portfolio of 10 highly prospective base and precious metal projects including the South Tally Pond Project. In 2013, Canadian Zinc acquired Messina Minerals and their Tulks South and Long Lake projects.
Canadian Zinc now controls approximately 500 km2 that represents an underexplored mining district with demonstrated potential for high-grade base and precious metal deposits. The land package includes three National Instrument 43-101 compliant deposits with excellent potential for expansion that currently total approximately five million tonnes, several historic deposits and numerous untested exploration targets in need of further exploration.