EXPLORATION & DEVELOPMENT

Transcription

1 EXPLORATION & DEVELOPMENT ZINC LEAD SILVER GOLD COPPER PRAIRIE CREEK MINE PERMITTING COMPLETED PRAIRIE CREEK MINE, NORTHWEST TERRITORIES NEWFOUNDLAND PROJECTS : CZN : CZICF

2 870 PORTAL PRAIRIE CREEK MINE, NWT 100% Ownership No Debt Fully Permitted - Type A Water Licence Issued Sept 2013 First Nation and Government Support Strong potential to substantially increase reserves and resources Memorandum of Understanding with Parks Canada Expected Average Annual Production: Zinc 76 million lbs Lead 90 million lbs Silver 2.2 million oz PRAIRIE CREEK MINERAL RESERVE* Type Main Quartz Vein Class Proven Probable Tonnes Zn (%) Pb (%) Ag (g/t) 4,418, SMS Probable 803, Total 5,221, *refer to June 15, 2012 Technical Report One of the highest-grade undeveloped zinc-lead-silver deposits in the world Paradigm Capital - February 4, 2014 EQUIPMENT AREA 1

3 NEWFOUNDLAND PROJECTS Proven mining district in central Newfoundland Buchans million tonnes ( ), historically one of Canada s richest base metal mines Duck Pond million tonnes (2007 to present) 100% owned land packages covering over 500 square kilometres Three NI defined Resources - open for expansion Excellent year round road access, power and services nearby Outstanding volcanogenic massive sulphide (VMS) environment with numerous underexplored targets NEWFOUNDLAND MINERAL RESOURCES* Deposit Category Tonnes Zn (%) Pb (%) Cu (%) Ag (g/t) Au (g/t) Boomerang Indicated 1,364, Inferred 278, Domino Inferred 411, Lemarchant Indicated 1,240, Inferred 1,340, Long Lake Indicated 407, NEWFOUNDLAND PROSPECTING 2 Inferred 78, *refer to August 2007, March 2, 2012, March 13, 2012 Technical Reports filed under Paragon Minerals Corporation and Messina Minerals Incorporated

4 Buttress PRAIRIE CREEK MINE Temporary Storage Pad From Mine Cell B To Mill & WTP Mine From Sewage From Catchment Pond Recycle Mill Water Treatment Plant Sewage Treatment Plant Catchment Pond Prairie Creek To Exfiltration Trench MAIN YARD To Mill & WTP Medial Dyke Fill Maximum Water Level Cell A Proposed Water Storage Pond File: ProposedWaterStoragePondJan2013 From Mill OPTIMIZING AND UPGRADING A 30 YEAR OLD MINE SITE Paste Backfill Plant: Underground placement of tailings eliminates surface storage requirements Accommodation and Kitchen: Modular facilities to conserve energy Dense Media Separation: Enhances amount of metal processed in existing Mill Waste Rock Pile: Store waste rock off the Prairie Creek floodplain Concentrate Storage Shed: Store bagged mineral concentrate before shipping to market Power Plant: Fuel efficient generators with state-of-the-art heat recovery system Winter Access Road: Realignment sections to lessen environmental impact, improve efficiency and safety Transfer Facilities along Access Road optimizes freight movement Applying innovative water management to a unique environment 3

5 Surface Profile Arnica Formation PC % Pb, 9% Zn, 239 g/t / 6.3 m Cadillac Formation PC W2 INTERCEPT 5% Pb, 11% Zn, 84 g/t / 3.5 m Road River Formation Upper Whittaker Formation MEASURED INDICATED INFERRED SCALE : KILOMETRE 1 UNTESTED VEIN EXTENSION PRAIRIE CREEK PROJECT EXPLORATION POTENTIAL Sam Trench Results: 20% Zn, 13% Pb, 219g/t Ag PRAIRIE CREEK MINERAL RESOURCE* Grab Sample: 820 g/t Ag, 10% Zn, 16% Pb, 3.5% Cu Category Tonnes Zn (%) Pb (%) Ag (g/t) Measured (M) 1,700, Indicated (I) 3,731, Prairie Creek M&I Total 5,431, Zinc in soil anomaly Gate Fault Rico Trench Results: 18% Zn, 35%Pb, 242g/t Ag Surveys indicate strong geochemical anomalies between Main Zone and Rico DDH W2: 11.47% Zn, 5.26% Pb, 84g/t Ag Deep Hole Exploration Program Inferred 6,239, *refer to June 15, 2012 Technical Report 2 3 PRAIRIE CREEK DEFINED MINERAL RESOURCE 16 km 5 4 DDH : 29% Zn, 13%Pb, 73g/t Ag Legend Property Claims & Leases Mineralized Zones Defined Resource Vein Structure Continues Mineralized Soil Anomaly Scale Kilometres PC Fault DDH : 7.5% Zn, 2%Pb, 49g/t Ag DDH : 21% Zn, 9%Pb, 192g/t Ag DDH : 6% Zn, 9%Pb, 113g/t Ag Trench Results: 17.2% Zn, 10.7%Pb, 214g/t Ag Chip Results: 14.3% Zn, 21.2%Pb, 279g/t Ag Chip Results: 23.2% Zn, 7.3%Pb, 80g/t Ag MAIN QUARTZ VEIN LEVEL 4

6 Buchans Junction Buchans CANADIAN ZINC CORP. Newfoundland Mineral Properties Buchans Mine (past producer) Millertown Skidder Victoria Mine Bobbys Pond Duck Pond Mine (producing) Daniels Pond Star Lake Hydro 18 MW Tulks Hill Tulks Hill East Long Lake Lemarchant Lake Douglas Haven Steady Legend Communities VMS Deposits VMS Deposits Paved Road Boomerang-Domino Road Transmission Line Stream Lake Kilometers Claim boundary SOUTH TALLY POND PROJECT (Lemarchant Deposit) 100% owned land position covering 170 square kilometers in a proven mineral rich volcanic belt Duck Pond Mine/Mill Complex located nearby Excellent road access, infrastructure and skilled workforce NI resource estimate at Lemarchant deposit; open for expansion Northwest zone discovered in 2013; numerous underexplored VMS targets on property TULKS SOUTH PROJECT (Boomerang-Domino Deposit) 100% owned land position covering 160 square kilometres Excellent road access and infrastructure nearby NI resource estimate at Boomerang-Domino deposit; open for expansion Hurricane Prospect drill ready, numerous underexplored prospects including Tulks East LONG LAKE PROJECT (Long Lake Deposit) 100% owned land position covering 100 square kilometres NI resource estimate at Long Lake deposit; open for expansion Underexplored area with high potential for additional discoveries LONG LAKE 5

7 Boomerang - Domino Mineral Resource and Exploration Potential Long section view (facing northwest) Surface Zinc soil anomaly Boomerang Target C Target A Target C UPPER FAULT Zinc till anomaly 0m 100m 200m 400m Domino Hurricane Prospect Target D Target E LOWER FAULT Significant base metals Weak base metals Massive pyrite No significant results NI Mineral Resource 2 KILOMETRES NEWFOUNDLAND MINERAL RESOURCES* Deposit Category Tonnes Zn (%) Pb (%) Cu (%) Ag (g/t) Au (g/t) Boomerang Indicated 1,364, Inferred 278, Domino Inferred 411, Lemarchant Indicated 1,240, Inferred 1,340, Long Lake Indicated 407, Inferred 78, *refer to August 2007, March 2, 2012, March 13, 2012 Technical Reports filed under Paragon Minerals Corporation and Messina Minerals Incorporated DRILLING AT LEMARCHANT Two drill holes into the Hurricane target intersected 19.1% Zn, 9.6% Pb, 1.4% Cu, 177 g/t Ag, and 0.9 g/t Au over 5.3 metres and 13.0% Zn, 8.3% Pb, 1.5% Cu, 201 g/t Ag, and 1.0 g/t Au over 15.3 metres Lemarchant Mineral Resource Plan View - Messina Minerals News Release March 15, 2007 DRILLING AT BOOMERANG-DOMINO 6

8 VANCOUVER HEAD OFFICE Suite 1710, 650 West Georgia Street, Vancouver, BC V6B 4N9 Tel: Tel: TORONTO OFFICE Suite 700, 220 Bay Street, Toronto, ON M5J 2W4 Tel: NORTHWEST TERRITORIES OFFICE st Avenue, Fort Simpson, NT X0E 0N0 Tel: NEWFOUNDLAND Post Office Box 1, Millertown, NL A0H 1V0 : CZN : CZICF invest@canadianzinc.com 7