Eastern Zinc Corp.
Eastern Zinc is a Canadian junior mining and exploration company that owns a diversified portfolio of exploration properties within some of the most promising zinc-hosted mineral deposits in Canada. Eastern Zinc is engaged in the business of acquiring and exploring zinc projects near or adjacent to existing mining operations controlled by well-established mining companies. Eastern Zinc provides investors with considerable exposure to increasing zinc metal prices through our diversified portfolio of 5 exploration projects in New Brunswick, Newfoundland, British Columbia, and the Yukon.
May 26, 2020 – Vancouver, BC – Eastern Zinc Corp. (“Eastern Zinc” or the “Company”) (CSE:EZNC| OTC:ETZCF) is pleased to announce that it has completed a non-brokered private placement (the “Private Placement”) of 40,000,000 units (the Units”) of the Company at a price of $0.05 per Unit for gross proceeds of $2,000,000 (the “Offering”).
April 20, 2020 – Vancouver, BC – Eastern Zinc Corp. (“Eastern Zinc” or the “Company”) (CSE:EZNC | OTC:ETZCF) is pleased to announce a non-brokered private placement of up to (the “Private Placement”) of 40,000,000 units (the Units”) of the Company at a price of $0.05 per Unit for gross proceeds of $2,000,000 (the “Offering”).
October 23, 2019 – Vancouver, BC – Eastern Zinc Corp. (“Eastern Zinc” or the “Company”) (CSE:EZNC | OTC:ETZCF) is pleased to report the assay results from two diamond drill holes completed in early September on its Portage Property located in the western part of the Bathurst Mining Camp (“BMC”) in New Brunswick (Figure 1). Holes PZ19-03 and PZ19-04 were designed to test the depth and strike potential 40 metres below and 400 metres to the north, respectively, of the Upper Road Zone volcanogenic massive sulphide (“VMS”) occurrence discovered by a previous operator in 2018.
Mineral exploration and project development
Eastern Zinc controls over 31,000 hectares and 1,300 mineral claims across 5 exploration projects within Canada. The Company is positioned as one of the leading zinc exploration companies in Canada. The Company’s New Brunswick and Newfoundland properties are located within a volcanogenic massive sulfide deposit (VMS). These types of mineral deposits occur in tight clusters, so there is a high probability that the project’s mineral claims hold widespread zinc mineralization since adjacent projects include operating mines with significant mineral resources and reserves and zinc production. Eastern Zinc’s two properties in British Columbia and the Yukon have strong historical drill results and are drill-ready.
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