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Last C$0.19 CAD
Change Today -0.005 / -2.63%
Volume 19.7K
CZN On Other Exchanges
As of 12:58 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

canadian zinc corp (CZN) Snapshot

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04/28/14 - C$0.42
52 Week Low
12/11/14 - C$0.18
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canadian zinc corp (CZN) Details

Canadian Zinc Corporation engages in the exploration and development of natural resource properties in Canada. The company’s principal project is the Prairie Creek Project, a zinc-lead-silver property located in the Northwest Territories. It also owns land package in central Newfoundland. The company was formerly known as San Andreas Resources Corporation and changed its name to Canadian Zinc Corporation in May 1999. Canadian Zinc Corporation was founded in 1965 and is headquartered in Vancouver, Canada.

22 Employees
Last Reported Date: 03/31/15
Founded in 1965

canadian zinc corp (CZN) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: C$159.2K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$142.8K
Chief Operating Officer, Vice President of Ex...
Total Annual Compensation: C$193.6K
Vice President of Exploration
Total Annual Compensation: C$175.0K
Compensation as of Fiscal Year 2013.

canadian zinc corp (CZN) Key Developments

Canadian Zinc Corp. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Canadian Zinc Corp. announced audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported a net loss and comprehensive loss of CAD 12,434,000 compared to a net loss and comprehensive loss of CAD 6,911,000 for the year ended December 31, 2013. Included in the loss for the year ended December 31, 2014, was exploration and evaluations costs of CAD 9,996,000 compared to CAD 6,089,000 for the previous year. Investment income was CAD 169,000 against CAD 106,000 a year ago. Basic and diluted net loss per share was CAD 0.06 against CAD 0.04 a year ago. Cash outflow from operating activities was CAD 11,403,000 against CAD 8,890,000 a year ago.

Canadian Zinc Corp. Provides New Mineral Resource Update at Prairie Creek Mine

Canadian Zinc Corp. reported that an update of the Mineral Resources at its Prairie Creek zinc, lead, silver mine located in the Northwest Territories has demonstrated an increase in overall Mineral Resource tonnages in the Measured and Indicated category and in the Inferred category. The new Mineral Resource estimate is based on a newly constructed and more detailed geological wireframe and three dimensional block model, developed over the past year as part of the ongoing optimization of the Prairie Creek Mine, which defines and constrains the mineralized system for inclusion in the new mine plan. The new Mineral Resource estimate also includes results from additional drilling and underground sampling not included in previous estimates. In addition, the company is currently carrying out an underground diamond drill program at the Prairie Creek Mine. The objective of this program is to convert part of the Inferred Mineral Resource to the Indicated category for potential inclusion in an update of the Preliminary Feasibility Study scheduled to be completed later this year. New Mineral Resource Highlights: Total Measured and Indicated Mineral Resource tonnages increased to 6.5 million tonnes at combined grade of approximately 20% Pb and Zn with 150 g/t Ag, details of which include: an 11% increase in Main Quartz Vein tonnage to 4.1 M tonnes grading 12.4% Pb, 11.2% Zn, 199 g/t Ag; an increase in Stockwork tonnage to 1.4 M tonnes grading 4.0% Pb, 7.1% Zn, 63 g/t Ag from the previous Stockwork estimate of 410,000 tonnes grading 3.7% Pb, 7.7% Zn, 69 g/t Ag; a more constrained classification of Stratabound mineralization has shifted the previously reported tonnage from the Measured category to the Indicated category and decreased the tonnage by 17% to 1.1 M tonnes grading 5.4% Pb, 10.8% Zn, 55 g/t Ag. Total Inferred Resource tonnages increased by 13% to 7.1 M tonnes grading 9.6% Pb, 11.7% Zn, 177 g/t Ag from 6.2 M tonnes grading 11.5% Pb, 14.5% Zn, 229 g/t Ag.

Canadian Zinc Corporation Provides Results from South Tally Pond Copper-Lead-Zinc-Silver-Gold Project in Central Newfoundland

Canadian Zinc Corporation provided results from south tally pond copper-lead-zinc-silver-gold project in central newfoundland. Six drillholes and two drillhole extensions totaling 2,754 metres were completed at the Northwest zone, located 250 metres northwest of the drill-defined Lemarchant Deposit. The fall drill program followed up on positive results from the earlier winter drill program. Drillhole LM14-103 intersected semi-massive to massive sulphides grading 8.50% zinc, 4.41% lead, 1.06% copper, 34.0 g/t silver and 0.55 g/t gold over 6.1 metres (core length). The new drill intercept extends the mineralization 30 metres downdip of LM13-83 which intersected 6.55% zinc, 1.96% lead, 0.30% copper, 37.12 g/t silver and 0.35 g/t gold over 9.0 metres. Drillhole LM14-102 intersected stringer to semi-massive sulphides (stockwork) grading 3.40% zinc, 0.30% lead, 0.52% copper, 27.30 g/t silver and 0.44 g/t gold over 7.0 metres (core length). The mineralization is located 30 metres downdip of LM13-94 which intersected 8.21% zinc, 3.66% lead, 0.72% copper, 150.1 g/t silver and 3.24 g/t gold over 8.7 metres. The South Tally Pond Project is 100%-owned and covers 170 km2 of a highly prospective volcanogenic massive sulphide (VMS) geological belt in central Newfoundland. The Lemarchant Deposit, the most advanced target on the South Tally Pond property, is situated 20 km southwest of Teck Resources Duck Pond copper-zinc mine in the same geological belt. Indicated Mineral Resource: 1.24 million tonnes grading 5.38% zinc, 0.58% copper, 1.19% lead, 1.01 g/t gold and 59.17 g/t silver (15.40% ZnEQ) using a 7.5% ZnEQ grade cut-off. Inferred Mineral Resource: 1.34 million tonnes grading 3.70% zinc, 0.41% copper, 0.86% lead, 1.00 g/t gold and 50.41 g/t silver (11.97% ZnEQ) using a 7.5% ZnEQ grade cut-off.


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