Mr. John Kearney reports

CANADIAN ZINC CORPORATION: ASSAY RESULTS OF 2013 DRILL PROGRAM AT PRAIRIE CREEK

Canadian Zinc Corp. has released assay results from the 2013 diamond drill exploration program on the company's 100-per-cent-owned Prairie Creek mine site property in the Northwest Territories.

Diamond drill exploration program

The 2013 diamond drilling program at Prairie Creek completed 1,472 metres of coring over five holes. Exploration focused on two areas: firstly, the multistacked electromagnetic geophysical anomaly identified in 2012 approximately 900 metres from the mill site, and, secondly, a small exploratory drill program immediately adjacent to the existing concentrator plant.

Geophysical anomaly drill program

Two diamond drill holes, PC-13-220 and PC-13-222, collared about 320 metres apart, which totalled 1,068 metres of drilling tested a 900-metre-wide multichannel EM anomaly identified in 2012. At the same time hole PC-13-220 was also designed to add further detail to the current National Instrument 43-101 mineral resource by intercepting projections of previously defined vein and stockwork mineralization within the upper parts of the hole.

        ASSAY RESULTS FOR THE 2013 GEOPHYSICAL ANOMALY DRILL PROGRAM

                                 From     To Length      Pb      Zn       Ag
Hole        Zone                   (m)    (m)    (m)     (%)     (%)    (g/t)  

PC-13-220   Main quartz vein    193.0  198.1    5.1     5.3    12.1       98
PC-13-220   Stockwork           200.2  203.1    2.9     6.7    12.3      116
PC-13-220   Stockwork           207.9  213.0    5.1     8.0    13.2      144
PC-13-220   Stockwork           258.9  259.9    1.0     5.6    34.7      342
PC-13-222   Vein                373.6  374.6    1.0    16.6     1.6      125

Both holes are projected to have tested the main part of the geophysical anomaly at depth. Interpretations based on current data suggest that the EM anomaly is likely due to inherent natural variations in graphite content within the Road River formation.

The Main Quartz vein hosts the majority of the presently defined mineral resource at Prairie Creek and the intercept in hole PC-13-220 is located outside and above the current National Instrument 43-101 resource.

The stockwork is a series of narrow high-grade veins at oblique angles to the main vein and hole PC-13-222 intercepted an additional vein at depth.

These new drilling data will now be incorporated into the Prairie Creek mineral resource model for further interpretation.

Exploratory drill program

A total of 404 metres over three holes, PC-13-221, PC-13-223 and PC-13-224, were drilled immediately adjacent to the existing concentrator plant.

Holes PC-13-223 and PC-13-224 both intersected stratabound massive sulphides only 60 metres below surface and outside the present defined resource block. In addition a number of significant veins were also intersected at shallow depth.

        SIGNIFICANT ASSAY RESULTS FOR THE 2013 TRAINING DRILL PROGRAM

                                From      To  Length      Pb      Zn      Ag
Hole           Zone               (m)     (m)     (m)     (%)     (%)   (g/t)

PC-13-223      Stratabound      83.6    84.6     1.0     6.2    19.7      66
PC-13-224      Vein             28.9    29.6     0.7    23.0    20.7     268
PC-13-224      Vein             34.8    38.1     3.3     2.6     7.6      34
PC-13-224      Vein             47.2    48.2     1.0     5.6     8.8      97
PC-13-224      Stratabound      87.0    88.0     1.0     2.6     5.4      18

Previous drilling in two holes had intercepted stratabound massive sulphide in this locality and the recent additional intercepts, along with the veins intercepted, warrant additional exploration in future programs.

This four-week drill campaign was completed as a drill training program utilizing one of Canadian Zinc's drill rigs as part of continuing training programs at Prairie Creek mine site. Assistance to program financing was provided from the federal government, Human Resources and Skills Development Canada, in the $4.2-million "More Than a Silver Lining" aboriginal training program, specifically designed for the Prairie Creek mine, administered by the NWT Mine Training Society and assisted by the government of the Northwest Territories. This provided four trainees, from local aboriginal communities, with hands-on experience in the operation of exploration diamond drills and completing various drilling tasks.

Quality assurance/quality control

The drill core samples were cut by diamond saw and securely, through chain of custody, shipped to AGAT Laboratories for initial multielement assay by ICP-OES analysis. Further assays and analysis were completed where appropriate, and standards, duplicates, and blanks were inserted and included within the analysis. Alan Taylor, PGeo, chief operating officer and vice-president, exploration, and a director of Canadian Zinc, is responsible for the exploration program, and is a qualified person for the purposes of National Instrument 43-101, and has approved this press release.

Prairie Creek project background

The Prairie Creek project, 100 per cent owned by Canadian Zinc, is an advanced-stage zinc-lead-silver property located in the Northwest Territories in Canada. The Prairie Creek project contains a mineral reserve of 5.2 million tonnes averaging 9.4 per cent zinc, 9.5 per cent lead and 151 grams per tonne silver. In addition, Prairie Creek hosts an inferred resource of 6.2 million tonnes averaging 14.5 per cent zinc, 11.5 per cent lead, 0.57 per cent copper and 229 grams per tonne silver (AMC Mining Consultants (Canada) Ltd., J.M. Shannon and D. Nussipakynova, qualified persons, June, 2012).

Prairie Creek is an underground operation that will utilize multiple mining methods to access readily available ore. Canadian Zinc has the majority of infrastructure in place including a 1,000-tonne-per-day mill, five kilometres of underground workings and related equipment, a heavy-duty and light-duty surface fleet, three exploration diamond drills and a 1,000-metre airstrip.

We seek Safe Harbor.