Canadian Zinc provides drilling results

Canadian Zinc Corporation reports drill assay results from the first section of the Phase 2 underground diamond drill program completed late in 2007 from the recently established decline tunnel at the Company’s 100% owned Prairie Creek lead/zinc/silver mine in the Northwest Territories.

Assay results have now been received for the ring of six drill holes completed on Section 50950N, which is the most northerly section drilled to date. All six holes on this section intersected the Main Vein mineralization and in addition five drill holes reported multiple intercepts of Stockwork-type base metal mineralization.

The Main Vein mineralization, which presently forms the majority of the defined 43-101 mineral resource at Prairie Creek, was intercepted in all six drill holes at approximately the anticipated vein locations projected from previous Phase One drilling. The average grade of the vein mineralization was somewhat lower than previous sections but drillhole PCU-07-045 returned a grade of 12.47% Pb, 12.35 % Zn, 187.49 gpt Ag and 0.35% Cu over an estimated true thickness of 2.7 metres.

These intercepts provide further confirmation of continuity of the main vein mineralization defined in the previously completed drilling, which has now been extended over a length of 550 metres drilled at 50 metre centres. The results on section 50950N, which were not included in the October 2007 NI 43-101 Resource Report completed by Minefill Services Inc., will provide additional information to guide future drilling to the north of the existing mineral resource.