CANADIAN ZINC CORPORATION - A developing zinc, lead and silver producer - www.canadianzinc.com
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CANADIAN ZINC CORPORATION A developing zinc, lead and silver producer February 2018 www.canadianzinc.com
Forward Looking Information
Cautionary Statement
The results of the 2017 Feasibility Study reported in the news release of September 28, 2017 and in this presentation are preliminary. For the full details and further
information with respect to the key assumptions, parameters, and risks associated with the results of the feasibility study, the mineral reserve and resource estimates
included therein, and other technical information, please refer to the complete Technical Report filed on SEDAR on October 31, 2017.
The EBITDA projections summarized in the news release and this presentation are not measures recognized under Canadian generally accepted accounting principles
(“GAAP”) and do not have any standardized meanings prescribed by GAAP.
Forward Looking Statements
This presentation contains forward-looking statements that are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and under
Canadian securities laws that involve a number of risks and uncertainties. Such statements are based on the Canadian Zinc Corporation’s (the “Company”, the
“Registrant”, “Canadian Zinc” or “CZN”) current expectations, estimates and projections about the industry, management’s beliefs and certain assumptions made by it.
We use words such as “expect,” “anticipate,” “project,” “believe,” “plan,” “intend,” “seek,” should,” “estimate,” “future” and other similar expressions to identify forward-
looking statements. The Company’s actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various
factors.
Statements about the Company’s planned/proposed Prairie Creek Mine operations, which includes future mine grades and recoveries; the Company’s plans for further
exploration at the Prairie Creek Mine and other exploration properties; future cost estimates pertaining to further development of the Prairie Creek Mine and items such
as long-term environmental reclamation obligations; financings and the expected use of proceeds thereof; the completion of financings and other transactions; the
outlook for future prices of zinc, lead and silver; the impact to the Company of future accounting standards and discussion of risks and uncertainties around the
Company’s business are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, the
Company's actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. You should not
place undue reliance on these forward-looking statements.
Information relating to the magnitude or quality of mineral deposits is deemed to be forward-looking information. The reliability of such information is affected by, among
other things, uncertainty involving geology of mineral deposits; uncertainty of estimates of their size or composition; uncertainty of projections relating to costs of
production or estimates of market prices for the mineral; the possibility of delays in mining activities; changes in plans with respect to exploration, development projects
or capital expenditures; and various other risks including those relating to health, safety and environmental matters.
The Company cautions that the list of factors set forth above is not exhaustive. Some of the risks, uncertainties and other factors which negatively affect the reliability of
forward-looking information are discussed in the Company's public filings with the Canadian securities regulatory authorities, including its most recent Annual Report,
quarterly reports, material change reports and press releases, and with the United States Securities and Exchange Commission (the “SEC”). In particular, your attention
is directed to the risks detailed herein concerning some of the important risk factors that may affect its business, results of operations and financial conditions. You
should carefully consider those risks, in addition to the other information in this Presentation and in the Company's other filings and the various public disclosures before
making any business or investment decisions involving the Company and its securities.
The Company undertakes no obligation to revise or update any forward-looking statement, or any other information contained or referenced in this Presentation to
reflect future events and circumstances for any reason, except as required by law. In addition, any forecasts or guidance provided by the Company are based on the
beliefs, estimates and opinions of the Company’s management as at the date of this Presentation and, accordingly, they involve a number of risks and uncertainties.
Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those
anticipated in such statements. Except as required by law, the Company undertakes no obligation to update such projections if management’s beliefs, estimates or
opinions, or other factors should change.
Canadian Zinc Corporation – TSX: CZN 2
Canadian Zinc: A Developing Zn-Pb-Ag Producer
Advanced-stage zinc assets
Prairie Creek Mine
A high-grade, undeveloped Zn-Pb-Ag project.
2017 feasibility study with robust economics.
All necessary operating permits in hand.
All season road permit recommended, awaiting
federal approval.
Marketability of concentrates confirmed.
Substantial infrastructure in place.
Evaluating financing options.
Central Newfoundland
450 km2 land package in a proven but underexplored mining district.
High-grade VMS projects with three NI 43-101 deposits and many exploration targets.
Evaluating the development of key deposits through a central milling facility.
Exploration programs on-going.
Canadian Zinc Corporation – TSX: CZN 3
Capital Structure
Share information Analyst coverage
Ticker TSX:CZN, OTCQB:CZICF Dealer Date Target
Price
Basic Shares O/S 1 266.1 million
(FD Shares O/S) Canaccord Genuity October 2017 C$0.30
(280.2 million)
(Eric Zaunscherb)
Current Price
(February 8, 2018)
$0.14
Echelon Partners September 2017 C$0.40
52-Week Trading $0.13 - $0.31 (Matt O’Keefe)
Range
Paradigm Capital September 2017 C$0.45
Basic Market Cap $42.6 million
(February 8, 2018) (Jeff Woolley)
Major Shareholder Resource Capital Funds
(19.4%) 1. As of December 31, 2017
12-month share price performance
Canadian Zinc Corporation – TSX: CZN 4
Prairie Creek Mine Built 1980-1982
Significant infrastructure valued at > $200 million
CZN investment of $85 million
870 Level Portal
Thickener Tank in Mill
Jumbo at 870 Level
Ball Mill Accommodation Trailers Polishing Pond
Flotation Cells in Mill
Canadian Zinc Corporation – TSX: CZN 5
2017 Feasibility Highlights
Concentrates
Mine and Mill Parameters 10-year Weighted
Type Average Grade Payability
Avg. (t)
Total ore mined (Mt) 8.07 Zinc: 59% Zinc: 85%
Zinc 64,800
Mining rate (tpd) 1,600 Silver: 136 g/t 3 Silver: 70%
Milling rate (tpd) post-DMS 1,200 Lead: 62% Lead: 95%
Lead 71,600
LOM (years) 15 Silver: 800 g/t Silver: 95%
Mine and Mill Statistics
10-year Annual
10-year Ore Grade (Weighted Ore Grade LOM Mill Recoveries LOM
Metal Avg Contained
Avg.) (Weighted Avg.) (Weighted Avg.)
Metal
Zinc 8.50% 8.70% 83% 95M lbs 4
Lead 9.30% 8.10% 88% 105M lbs 4
Silver 139 g/t 124 g/t 87% 2.1M oz 4
Project Assumptions Base Case
Zinc price US$1.10/lb Chart
Treatment Charges Exchange Rate $1.25CDN:$1.00US
Lead price US$1.00/lb US$172/tonne Zn Con Discount Rate 8%
Silver price US$19.00/oz US$130/tonne Pb Con
Operating and Capital Costs
Operating Costs 2 LOM $/t ore mined Capital Costs $M
Mining 58 Pre-production Capital 253
Processing 47 Contingency 26
Site Services 19 Total Pre-production Capital 279
G&A 30 Sustaining Capital 117
Total On-site Costs 154 Working Capital 36
Transportation 1 69
Total Operating Costs 2 223
Economic Results (LOM) Pre-tax Post-tax
Cash Flow Undiscounted ($M) 899 562
NPV @ 8% ($M) 344 188
NPV @ 5% ($M) 497 291
IRR (%) 23.8 18.4
Payback period (years from first revenue) 4.4 4.6
Average annual EBITDA ($M) 81
1 Includes truck, rail, handling and ocean shipping 3 Subject to a deduction of 3 oz. per tonne of concentrate
2 Does not include treatment, refining charges, royalty 4 Total metal contained in both lead and zinc concentrates
Canadian Zinc Corporation – TSX: CZN 6
2017 Feasibility Improvements
Significant improvements from the 2016 PFS
• Increased mill throughput + 25%
• Increased mining rate + 18.5%
• Increased zinc, lead & silver in first 10 years
• Lower operating costs - 2.6%
• Increased net revenue +11.8%
• Higher post-tax NPV8 & IRR + 21.2% & 2.8%
• Moderately higher capex +10.2%
Canadian Zinc Corporation – TSX: CZN 7
Prairie Creek Mine
3D model after 2015 underground drill program
Canadian Zinc Corporation – TSX: CZN 8
2017 Mineral Resources and Reserves
M&I Resources: 8.7 Mt @ 9.5% Zinc, 8.9% Lead and 136 g/t Silver
Inferred Resources: 7.0 Mt @ 11.3% Zinc, 7.7% Lead and 166 g/t Silver
Mineral reserve tonnage increased from 2016 PFS
Mineral Zone Category Tonnes (t) Silver (g/t) Lead (%) Zinc (%) ZnEq (%)
Proven 1,524,171 161.43 8.90 10.22 26.84
Main Quartz Vein
Probable 4,190,187 144.76 9.96 8.20 25.70
(MQV)
Total 5,714,358 149.21 9.67 8.74 26.00
Proven 188,173 108.19 4.84 11.56 21.22
Stockwork (STK) Probable 1,188,366 63.81 3.54 6.86 13.46
Total 1,376,539 69.88 3.72 7.50 14.52
Proven - - - - -
Stratabound
Probable 980,566 54.90 5.06 9.64 17.97
(SMS)
Total 980,566 54.90 5.06 9.64 17.97
Proven 1,712,344 155.58 8.45 10.36 26.22
TOTAL Probable 6,359,119 115.78 8.00 8.17 22.22
Total 8,071,463 124.22 8.10 8.64 23.07
Canadian Zinc Corporation – TSX: CZN 9
2017 Mine Plan
Mining: 18.5% increase in mining rate
Mining rate increased by
250 tonnes per day from
1,350 to 1,600 tonnes per
day or 485,000 tonnes to
584,000 tonnes, annually.
Increased lateral mine
development from
49,300 m to 52,000 m.
Quartz Vein mined by mechanized long hole open stoping, mechanized drift-
and-fill for Stratabound Massive Sulphide ore.
Higher ratio of sulphide to oxide ore mined in earlier years.
Potential to double mine life through upgrading inferred resources.
Canadian Zinc Corporation – TSX: CZN 102017 Mine Plan
Production profile for the initial 15 years
Canadian Zinc Corporation – TSX: CZN 112017 Mill Optimization
Milling: 25% increase in milling rate
Simple more efficient
flowsheet, new reagent
scheme.
Mill rate increase from
950 tpd to 1,200 tpd.
New grinding and flotation
circuits added.
First 10 years of operation:
• 64,800 tonnes of Zn con
• 71,600 tonnes of Pb con.
Average annual production (contained metal):
• 95 million lbs. zinc
• 105 million lbs. lead
• 2.1 million ounces silver.
Canadian Zinc Corporation – TSX: CZN 122017 Feasibility Highlights
Concentrate production increased
Prairie Creek Mine will produce two high-grade concentrates: a zinc
sulphide concentrate and a blended lead sulphide and oxide concentrate.
Average annual production will be 64,800 tonnes of zinc concentrate and
71,600 tonnes of lead concentrates during the first 10 years.
Canadian Zinc Corporation – TSX: CZN 132017 Transportation Plan
All season road EA recommended
Improved logistics and flexibility
MVRB recommended
approval of all season road
• Timely delivery of
concentrates and
consistent delivery of fuel
and inventory materials
• Lowers logistical risks
• Smaller trucking fleet
• Allows alternative lower
cost LNG energy sources.
Transportation plan:
• Concentrates trucked to Fort Nelson using 20-tonne containers
• Transloading facility at Fort Nelson
• Transported by rail to Vancouver for shipment to smelters.
Canadian Zinc Corporation – TSX: CZN 142017 Concentrate Marketing
MOUs confirm marketability of Prairie Creek concentrates
Concentrate MOUs with Korea Zinc and Boliden for the first 5 years of
production.
v Korea Zinc MOU
• 20,000 to 30,000 tonnes of zinc sulphide concentrates
• 15,000 to 20,000 tonnes of lead sulphide concentrates
• 5,000 tonnes of lead oxide concentrates.
v Boliden MOU
• 20,000 to 40,000 tonnes of zinc sulphide concentrates.
TCs set at annual benchmark as agreed to by major smelters and major miners.
Payables, penalties to be negotiated annually, including agreed limits for mercury
levels in the zinc concentrate, based on indicative terms included in each MOU.
TCs in 2017 FS, US$172/t zinc concentrate, US$130/t lead concentrate.
Hg penalties $500,000 to $3 million per year, averaging $1.5 million per year.
Canadian Zinc Corporation – TSX: CZN 152017 Feasibility Highlights
Capital Cost Estimate
Project Year
Description (Costs in $CDN M) 1 2 3 Total Cost
Mine development 2.6 13.6 21.5 37.7
Site preparation 4.3 12.5 2.6 19.4
Mill process plant 1 9.0 18.9 3.2 31.1
Paste tailings plant and process 2.9 16.6 3.4 22.9
Indirects including EPCM 2 10.9 7.8 5.1 23.8
Other site infrastructure 6.7 7.7 1.5 15.9
All season road 13.0 41.6 13.9 68.5
Owner’s costs 6.8 15.3 11.5 33.6
Total (excluding contingency) 56.2 134.0 62.7 252.9
Contingency 5.5 12.3 8.2 26.0
Total Pre-Production Capital 61.7 146.3 70.9 278.9
1. Includes dense media separator, structural upgrading, instrumentation, flotation circuit upgrade, reagent handling and piping.
2. Includes engineering and construction of surface facilities, freight and logistics, initial fills and spares.
Canadian Zinc Corporation – TSX: CZN 162017 Feasibility Highlights
Operating Cost Estimate per tonne mined
Total Operating Cost (per tonne mined)
Mining $ 58.23
Milling/Processing $ 46.76
General and Administrative $ 30.32
Site Services $ 18.55
Sub-total $ 153.86
Transportation $ 68.73
Total $ 222.59
1. Includes truck / rail / handling / shipping.
Canadian Zinc Corporation – TSX: CZN 17Prairie Creek Mine: Permits Granted
Fully permitted to conduct mining, milling and processing
Permit/License Type Permit/License Purpose Date Issued Issuing Agency
Land Use Permit Mine Operations 17-Jun-13 MVLWB
Water License Mine Operations 24-Sept-13 MVLWB
Winter Road Land Use
Road Operations (on crown land) * 10-Jan-13 MVLWB
Permit
Winter Road Water
Road Operations (on crown land) 10-Jan-13 MVLWB
License
Land Use Permit Liard Transfer Facility 17-Jun-13 MVLWB
Land Use Permit Winter
Road Operations (on Park land) 26-Aug-13 Parks Canada
Road
Winter Water License Road Operations (on Park land) 26-Aug-13 Parks Canada
Review Board Recommends
12-Sept 17
Approval
All Season Road EA Road Operations
Federal government requires two-
18-January-18
month extension for EA decision
All Season Road
Road Operations ??? MVLWB
Permit
* Applied for permit extension
Canadian Zinc Corporation – TSX: CZN 18Social License and Local Support
Renewed 2008 and 2012 MOUs with Parks Canada regarding the
November 2015 development and operation of the Prairie Creek Mine and the management
of the Nahanni National Park Reserve.
Collaboration and co-operation agreement related to public transportation
August 2012
infrastructure.
Government of Canada invested $4.2 million in the Silver Lining Training
August 2011
Program at Prairie Creek.
Socio-Economic Agreement with the Government of the NWT for the
August 2011
development of the Prairie Creek Mine.
June 2011 Impact Benefit Agreement with the Liidlii Kue First Nation (Fort Simpson).
January 2011 Impact Benefit Agreement with the Nahanni Butte Dene Band.
February 2017 MOU with NTPC to examine the supply of electrical power for Prairie Creek.
Canadian Zinc Corporation – TSX: CZN 192017 Feasibility Highlights
Financial Analysis – economic sensitivities
Metal Prices Pre-Tax Post-Tax 1
NPV NPV NPV NPV
Zinc/Lead Silver Undiscounted IRR Undiscounted IRR
(5%) (8%) (5%) (8%)
US$/lb US$/oz $M % $M %
$M $M $M $M
0.80 17.00 139 10 (39) 5.5 75 (29) (68) 3.3
0.90 18.00 452 211 120 14.4 282 109 43 10.6
1.10/1.00 19.00 899 497 344 23.8 562 291 188 18.4
1.20/1.00 19.00 1,033 582 410 26.2 644 344 230 20.4
1.10 20.00 1,077 614 437 27.3 671 364 247 21.3
1.20 21.00 1,390 815 596 32.7 863 489 346 25.7
1.30 22.00 1,703 1,017 755 37.7 1,053 612 444 29.8
1.10/1.00 2 19.00 2 1,208 696 501 29.5 752 416 287 23.1
1.20/1.00 2 19.00 2 1,355 789 574 31.9 842 473 332 25.0
1.10/1.00 3 19.00 3 5.89 298 188 17.4 371 166 88 13.2
1. Post-tax results include all taxes, royalties, aboriginal participation costs and the Sandstorm 1.2% NSR.
2. Foreign exchange assumed to be CA$1.375:US$1.00 on these lines.
3. Foreign exchange rate assumed to be C$1.125:US$1.00 on this line.
Canadian Zinc Corporation – TSX: CZN 202017 Feasibility Highlights
Financial Analysis – NPV sensitivity
Canadian Zinc Corporation – TSX: CZN 21Objectives
Progress expected on several fronts
Seek Project Financing
Engaged HCF to source and negotiate debt financing.
Market soundings of potential lenders.
Debt could range up to 70% of the capex.
Evaluation of other sources of financing.
Continue Front-end Engineering and Design
Complete All Season Road Permitting Process
Recommendation for EA approval to Minister of Crown-
Indigenous Relations and Northern Affairs Canada.
Minister requires two-month extension for EA approval
for Aboriginal consultation, CZN asked to complete
information requests. Discussions ongoing.
Following approval by Minister, land use permit process
with the MVLWB. Canadian Zinc Corporation – TSX: CZN 22Financing
Conceptual Funding Structure (for illustrative purposes only)
CDN M Potential Sources of Funds
$350
$15 Pre-production Capex
$300 $35
Negative Pre-commercial
Cash Flow
$250
$200 Interest & Fees During
Construction
$200
$150
$280
$100 Alternative Sources for
$80
Remaining Funding
$50
$50 and/or $50 and/or $50
$0
$330 Debt Equity Commodity Mezzanine Debt Silver Stream
Related
Canadian Zinc Corporation – TSX: CZN 23Central Newfoundland: A Proven Mining District
Strategic land position with several high-potential exploration and
development-stage polymetallic deposits and targets
Exploration upside in a proven yet
underexplored mining district
Approximately 450 km2 land package.
3 deposits with NI 43-101 resources,10 advanced
exploration targets, 2017 drill program underway.
Geologically similar to eastern Australia, which hosts 20
mines including: MMG Limited’s Century and Glencore
Xstrata’s Mt Isa and McArthur River mines.
Government-funded research for central mill concept
CZN and Buchans Minerals determining viability of developing key deposits using a central
milling facility.
Provincial government agency provided approximately $600,000 funding for program.
Metallurgical studies conducted on VMS deposits, 3 held by Buchans Minerals and 4 by CZN
(Lemarchant, Boomerang-Domino, Tulks East and Long Lake) confirmed production of Zn, Pb
and Cu concentrates at marketable grades and recoveries.
Canadian Zinc Corporation – TSX: CZN 24Advanced Projects in Central Newfoundland
Central Newfoundland hosts ~ 2 billion pounds Zn, 700 million pounds Pb and
more than 300 million pounds Cu
• Canadian Zinc holds ~450 km2 land package in a proven, yet underexplored,
mining district.
• Land package includes three main projects with high grade NI43-101 Zn-Cu-Pb-
Au-Ag deposits
• South Tally Pond (Lemarchant deposit)
• Tulks South (Boomerang-Domino deposit)
• Long Lake (Long Lake Main Zone deposit).
• Properties also host historic deposits and many early and advanced-stage
exploration targets.
• Successful drill programs completed on all projects, very positive results from
ongoing 2017 drill program at Lemarchant deposit.
• Buchans Minerals holds ~200 km2 land package with NI43-101 deposits
• Lundberg deposit
• Bobbys Pond deposit
• Daniels Pond deposit
Canadian Zinc Corporation – TSX: CZN 25Buchans Mine
Past production - 16.2 million tonnes @ 14.5% Zn,
7.6% Pb, 1.3% Cu, 1.37 g/t Au, 126 g/t Ag
Duck Pond Mine
Past production - 5.4 million
tonnes @ 5.8% Zn, 0.9% Pb,
3.3% Cu, 0.86 g/t Au, 59 g/t
Ag
26CZN & Buchans Minerals: Deposits and Resources
Attributable resource estimates for Newfoundland base metals
projects (NI 43-101 Compliant)1
Total
Measured & Indicated Resources Inferred Resources
Resources
Deposits Ownership Tonnage Grade Tonnage Grade
Zn Pb Cu Au Ag Zn Pb Cu Au Ag Zn Eq Zn Eq
(millions) (millions)
(%) (%) (%) (g/t) (g/t) (%) (%) (%) (g/t) (g/t) (%) (M lbs)
Lemarchant 100% 1.2 5.38 1.19 0.58 1.01 59.17 1.3 3.70 0.86 0.41 1.00 50.41 10.15 577
Boomerang 100% 1.4 7.07 3.00 0.51 1.66 110.20 0.3 6.72 2.88 0.44 1.29 96.50 16.94 613
Domino 100% 0.4 6.30 2.80 0.40 0.60 94.00 13.57 123
Long Lake 100% 0.4 7.82 1.58 0.97 0.57 49.00 0.1 5.77 1.24 0.70 0.48 34.00 13.89 149
Bobby’s Pond 100% 1.1 4.61 0.44 0.86 0.20 16.60 1.2 3.75 0.27 0.95 0.06 10.95 7.79 390
Daniels Pond 100% 1.2 4.44 2.12 0.31 0.60 87.79 0.4 3.88 1.74 0.27 0.52 81.83 10.27 365
Tulks Hill 49% 0.2 3.97 1.61 0.89 1.17 35.09 0.0 11.20 52
Sub-total 5.5 3.7 9.50 2,269
Lundberg 100% 23.4 1.41 0.60 0.35 0.07 5.31 4.3 1.29 0.54 0.27 0.08 4.47 3.22 1,973
Total 28.9 2.20 0.81 0.40 0.23 17.14 8.0 2.68 0.82 0.41 0.33 25.44 5.21 4,242
1. Zinc equivalent and silver equivalent grade and resources are calculated on the basis of the following assumed long-term metal
prices of: US$1,270/oz Au, US$16.80/oz Ag, US$1.00/lb Zn, US$3.00/lb Cu and US$0.95/lb Pb
Combined Global Attributable Resources of 4.2 Billion Lbs. Zn Eq.
Canadian Zinc Corporation – TSX: CZN 27CZN and Buchans Minerals Collaboration
Canadian Zinc Corporation – TSX: CZN 28Central Newfoundland Exploration
South Tally Pond Project, Lemarchant Area
Canadian Zinc Corporation – TSX: CZN 292017 Exploration Drill Results
Lemarchant drilling extended deposit along strike and up-dip
Massive sulphide mineralization at Lemarchant extended 80 metres up-dip, over a
200 metre strike length at 120 to 170 metres below surface. Significant sulphide
mineralization intersected in most drill holes. Structural study underway, new
resource estimate to follow after drill program completed.
Hole No. Intercept Zinc Lead Copper Silver Gold
(m) (%) (%) (%) (g/t) (g/t)
LM17-110 6.9 11.20 0.46 0.94 46.3 1.06
LM17-111 3.8 2.84 1.01 0.75 73.4 0.45
LM17-113 1.5 10.10 4.54 2.32 147.9 0.88
LM17-115 7.1 10.23 2.19 0.78 148.4 2.41
LM17-116 6.0 14.06 6.27 1.88 382.9 2.01
LM17-119 7.3 6.99 2.83 0.64 79.6 1.27
LM17-121 7.8 5.35 1.59 0.59 136.1 2.93
LM17-122 4.4 9.78 3.17 1.04 91.0 2.92
LM17-124 2.8 8.82 1.02 1.14 46.5 0.53
LM17-125 1.8 9.29 2.92 2.32 155.6 0.55
LM17-126 7.5 14.41 3.41 2.40 576.9 1.06
LM17-128 2.9 10.26 3.06 0.96 33.8 0.24
Canadian Zinc Corporation – TSX: CZN 30Central Newfoundland Exploration
Lemarchant extension drilling
Canadian Zinc Corporation – TSX: CZN 31Highlights
Prairie Creek Mine:
• One of the highest grade, undeveloped zinc
deposits in the world with near-term production
potential for zinc and lead.
• Fully permitted, construction-ready project with
>$200 million in existing infrastructure.
• Feasibility Study completed with robust project
economics, potential to upgrade resources and
double the current mine life.
Significant exploration upside from high-grade
VMS projects in central Newfoundland.
Strong zinc and lead price fundamentals.
Canadian Zinc Corporation – TSX: CZN 32Seasoned Board of Directors
+35 years of experience in the mining industry worldwide with degrees in law, economics and business administration,
John F. Kearney he has a strong background in corporate development, finance and managing public companies, primarily in the
mining field. A director of Canadian Zinc since 2001, Mr. Kearney was appointed President in June 2003 and since
that time has led the Company in the redevelopment of the Prairie Creek Mine, including raising over $50 million.
Executive Chairman of Murchison Minerals. Previously a director and Vice-President of Burns Fry Limited (now BMO
J-C Potvin Nesbitt Burns Inc.) (1981 -1994). Past President & CEO of Pangea Goldfields and Tiomin Resources. Currently a
director of Gold Reserve Inc. and Azimut Exploration Inc.
A Professional Engineer, with a Bachelor’s Degree in Mining Engineering and a Master’s Degree in Mineral
Dave Nickerson Exploration, and a former Member of the Legislative Assembly of the NWT where he served as Minister of Health and
Social Services and as a Member of Parliament for nearly 10 years. He served as Chairman of the Northwest
Territories Water Board. He is also a director of Tyhee Gold Corporation.
A Professional Engineer in BC, with + 40 years of operating and project management experience. A director of
Malcolm Swallow Silvercorp Minerals Inc., a mid-scale producer of silver, lead and zinc from a number of operating mines in China.
Previously he was a Director and VP Development at Inter-Citic Minerals; Past President of Canadian Zinc (2000-
2003) and prior thereto Vice President Development of Imperial Metals Limited.
+30 years of experience in the mineral exploration industry and is a P.Geo., with a Master's degree in Geology.
Alan B. Taylor Previously worked with Cominco, Imperial Metals Corporation, the Geological Survey of Canada, the Ontario
Geological Survey, along with numerous other junior mineral exploration companies throughout the world. Member of
the GAC, CIM and the BC and NWT Chamber of Mines. Formerly President of San Andreas Resources (Canadian
Zinc's predecessor company) and has been involved with the Prairie Creek Mine and property for over 20 years.
A Professional Engineer (Ontario) and metallurgist with extensive experience in the processing of base metal ores,
Ian Ward industrial minerals, and with grinding systems and effluent treatment. Previously a Senior Advisor and VP of
Metallurgy and Processing for Kinross Gold Corporation (2010 to 2015), prior thereto Senior Vice President, Project
Development for Mustang Minerals Corp. and previously President and Principal Metallurgist with Micon International
Limited. Ian has practical plant operating experience, extensive engineering experience, and has been intimately
involved in a variety of feasibility studies, audits, operations support and project evaluations.
A financial consultant, who, prior to 2015,was the Managing Director, Investment Banking, founding partner and Head
John Warwick of Corporate Finance of Paradigm Capital Corporation where he advised and assisted companies on financing and
capital structure matters. Prior to 1999 he was Executive Vice President and Vice Chairman of Gordon Capital
Corporation and prior thereto a mining analyst at Burns Fry, where he was a top-ranked base metals analyst, and
Gardner Watson.
Canadian Zinc Corporation – TSX: CZN 33For further information please contact:
John F. Kearney Alan B. Taylor Steve Dawson
Chairman COO & VP Exploration VP Corporate Development
Tel: (416) 362-6686 Tel: 1-866-688-2001 Tel: (416) 203-1418
Fax: (416) 368-5344 Fax: (604) 688-2043 Fax: (416) 368-5344
Email: Email: Email:
kearney@canadianzinc.com alan@canadianzinc.com steve@canadianzinc.com
Suite 1710, 650 West Georgia Street, 1805 – 55 University Avenue,
Box 644, Vancouver, BC V6B 4N9 Toronto, ON M5J 2H7
Canadian Zinc Corporation – TSX: CZN 34You can also read
