The British company MINECO officially opened the lead mine at Olovo in Bosnia and Herzegovina on...
Canada Zinc Metals announces expanded mineral resource estimate for the Cardiac Creek deposit
Canada Zinc Metals Corp. announces that the company has received an updated mineral resource estimate for the Cardiac Creek Zn-Pb-Ag deposit on its 100% owned Akie Project.
Indicated resources have increased by 3 million tonnes to 22.7 million tonnes; a 15% increase when compared to the previous 2016 indicated resource estimate, with increases in the average grades for zinc, lead and silver (at 5% Zn base case cut-off grade)
Current resource distribution consists of 75% in the Indicated and 25% in the Inferred categories. The previous, 2016 estimate had 71% in Indicated and 29% in Inferred categories (at 5% Zn cut-off grade)
Drilling completed in 2017 extended the limit of the mineral resource up- and down-dip and along strike to the north.
Drilling has now delineated a continuous zone of 100 metres spaced drill holes over an area measuring roughly 1,200 metres along strike by about 500 metres along the dip plane of the deposit, resulting in the estimation of the majority of the resource in the Indicated category.