The drilling is scheduled to begin in early July and be completed by late September by utilizing two diamond drill rigs. The 2014 diamond drill program is aimed at:
The Tulks South project hosts the Boomerang-Domino Deposit, a NI 43-101 compliant indicated mineral resource of 1.36 million tonnes grading 7.1% zinc, 3.0% lead, 0.5% copper, 110 g/t silver and 1.7 g/t gold plus an additional inferred mineral resource of 0.69 million tonnes grading 6.5% zinc, 2.8% lead, 0.4% copper, 95 g/t silver, and 1.0 g/t gold (Snowden, 2007). The Boomerang-Domino Deposit remains open for expansion along strike and to depth.
Long Lake (Long Lake Deposit)
The Long Lake project hosts the Long Lake Deposit, a NI 43-101 compliant indicated mineral resource of 0.48 million tonnes grading 7.8% zinc, 1.6% lead, 0.97% copper, 49 g/t silver and 0.57 g/t gold and inferred mineral resource of 78,000 tonnes grading 5.7% zinc, 1.2% lead, 0.7% copper, 34 g/t silver, and 0.48 g/t gold (SRK, 2012). The Long Lake Deposit remains open for expansion along strike and to depth.
"We are excited to begin drilling at the Boomerang-Domino and Long Lake massive sulphide deposits with an aggressive drill program for 2014," said Michael Vande Guchte, Vice President of Canadian Zinc. "We believe given the geology and the style of mineralization in this proven mining district that there is excellent potential for additional massive sulphide mineralization to be discovered. With this summer-fall program, our goal is to expand the copper-lead-zinc-silver gold mineral resources at both deposits and begin drill testing other high priority VMS prospects on the properties."
The Company is also completing geological ground follow-up on numerous priority targets areas throughout its extensive land holdings in central Newfoundland. Ground geophysical surveys (gravity and magnetic) are planned over a number of selected target areas to aid with geological mapping and with new drill targeting.
In addition to expansion drilling of these NI 43-101 compliant deposits, there are numerous untested VMS targets on these projects that total 266 km2 in central Newfoundland. Further details on these and all other Canadian Zinc projects can be found on the Company's website.
About Canadian Zinc
Canadian Zinc is a TSX-listed exploration and development company trading under the symbol "CZN". The Company's key project is the 100%-owned Prairie Creek Project, a fully permitted, advanced-staged zinc-lead-silver property, located in the Northwest Territories.
Canadian Zinc also owns an extensive land package in central Newfoundland that it is exploring for Cu-Pb-Zn-Ag-Au deposits. Key projects include the South Tally Pond project (Lemarchant deposit), the Tulks South project (Boomerang-Domino deposit) and Long Lake project (Long Lake deposit). The Company's strategy is to continue build the zinc-copper-lead-silver-gold resources base with the aim of developing the deposits through a central milling facility.
Qualified Person
Alan Taylor, P.Geo., Vice President of Exploration, Chief Operating Officer and Director of the Company, who is a Non-Independent Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has prepared, supervised the preparation of, or reviewed, parts of this press release that are of a scientific or technical nature.