Akie and Kechika Regional Projects

November 2013

This presentation contains forward looking statements; including in particular, statements about Canada Zinc Metals Corp.’s plans, strategies and prospects. These have been based on the Company's current assumptions, expectations and projections about future events.

Although the Company believes that the expectations reflected in these forward looking statements are reasonable, the Company can give no assurance that these expectations will prove to be correct or that the results anticipated in the forward looking statements will be achieved. These forward looking statements include risks and uncertainties, which relate to, amongst other things, market conditions, industry uncertainty and other such factors which may cause the Company’s actual results to be materially different.

Ken MacDonald P.Geo., Vice President of Exploration, is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information contained herein.

Robert Sim, P.Geo., is an independent consultant and served as the Qualified Person responsible for the preparation of the 2012 NI 43-101 Technical Report on the AkieProject and is responsible for the 2008 and 2012 mineral resource estimates for the Cardiac Creek deposit, situated on the company’s 100% owned Akie Property.

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Key shareholders: ØTongling Nonferrous Metals GroupØLundin MiningØTeck Resources

● Dominant landholder in British Columbia’s highly prospective zinc-lead-silver Kechika District

● Host to several base metal deposits and numerous targets

● CZX owns 100% of 43-101 compliant Cardiac Creek deposit (Akie)

● Akie is an advanced stage project

● Located next to Teck & Korea Zinc’s Cirque deposit

● Kechika Regional - Significant new discovery potential

Working Capital $10.5 M

Issued & Outstanding 143.6MOptions 6.973MWarrants 3.750M

52 week low/high range $0.17/$0.415

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● Mr. Peeyush Varshney, LL.B. - CEO & Chairman Principal and Director of Varshney Capital Corp., director or officer of several public companiesincluding Mountain Province Diamonds Inc. (TSX:MPV).

● Mr. Praveen Varshney, C.A. – CFO & DirectorPrincipal and Director of Varshney Capital Corp., director or officer of several public companies including LED Medical Diagnostics Inc. (TSX.V: LMD).

● Mr. Henry Giegerich, P. Eng. - Mining Engineer – Independent DirectorFrom 1982 to 1987, Pres. & GM of Cominco Alaska Inc., responsible for the development of the Red Dog Mine.

● Dr. John Thomas, Ph.D – Metallurgist - Independent DirectorExtensive project management experience; VP Operations of other publicly listed junior mining companies.

● Mr. Marco Strub, Portfolio Manager – Independent DirectorFrom 1997 to 2003 was a partner of Exulta AG and is currently a principal of Sircon AG.

● Mr. Ken MacDonald, P. Geo. – VP Exploration, QPOver 25 years of experience; from early stage exploration to completion of feasibility studies to QP. Recently responsible for all mine permitting for the Mt. Milligan copper-gold project in B.C.

● Mr. Nicholas Johnson, B.Sc.H (Queens 2001) – Project ManagerExperience as UG exploration geologist at Goldcorp’s Red Lake mine and also employed by Watts Griffis & McOuat (WGM) Mining Consultants and Bema Gold.

● Mr. Gilbert Graham – Logistics ManagerOver 29 years field experience in senior (Cominco, Anaconda) and junior exploration companies internationally.

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• Zinc is the third most-used nonferrous metal in the world, after aluminum & copper

• It is employed primarily as a coating on iron and steel to protect against corrosion – used in buildings, bridges, railways and automobiles – zinc is an “infrastructure” metal

• As the global economic recovery progresses over the next few years –continued to be led by China, India & other emerging economies – & a recovery in the USA – a corresponding increase in the demand for zinc is expected to put upward pressure on global zinc prices

• Looming chronic shortage of supply of zinc is being forecasted. The coincidental closure of major zinc mines (Brunswick, Lisheen, Century, Skorpion) through depletion in the near future coupled with a very limited number of new zinc mines in the development pipeline is expected to lead to robust zinc price

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Scotia Bank, Toronto, Canada:

“Zinc may represent the next big base metal play. Zinc will shift into ‘deficit' (at latest by 2014) due to ongoingdemand growth in the face of significant global mine depletion in mid-decade. In 2013, the closure of the Brunswick mine in Canada, Century in Australia and Vedanta's Lisheen mine in Ireland will shift sentiment towards zinc, with prices rallying in anticipation of tightening supplies. In the second half of this decade, zinc demand will be boosted by a recovery in G7 construction activity, particularly in the USA…”

Salman Partners of Vancouver, British Columbia, Canada:

“looking out a few years…we believe that a series of mine closures should lead to shortages of zinc mining capacity and… an absolute shortage of zinc metal.”

Salman Partners suggest how investors can play the imminent shortage of zinc and list Canada Zinc Metals as one of the few alternatives for the development of zinc resources. Recently, the firm commented:

“We believe that, beginning next year, the world faces an increasing shortage of zinc mines. The opening up of the Akie district could help Canada make an important contribution to alleviating such a shortage.”

Similar statements about the upcoming shortage of mine supply and zinc inventories being drawn down below critical levels have been made by RBC Capital Markets, Credit Suisse and Goldman Sachs.

Wood Mackenzie (research group):

“Zinc has the most promising fundamental outlook among the metals…”. The data from late 2012 states zinc price expected to be $1.19 in 2014. “In 2013 and 2014, a greater degree of stability in the global economy will prove supportive of zinc demand growth and as a consequence consumption is forecast to accelerate, growing by 5.5% and 5.1% respectively lifting global consumption to 14.6Mt in 2014.”

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Source: Wood Mackenzie 20127

Started In 2012 With Virtually No New Mine Start-ups or Planned Expansions

• Major mine closures expected before 2016 removing 15% of the current zinc concentrate supply (Lennard Shelf, Galmoy, Brunswick, Perseverance, Golden Grove, Lisheen, Century and Iscaycrus)

• Ongoing new mine developments required to maintain supply

• New discoveries required to ensure future supply

• Ongoing upward pressure on zinc metal prices as consumption increases and supply dwindles

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Source (quotes): Glencore online presentation Sept. 10 2013Source (graph): Salman Partners Equity Research Metals Mining Note Sept. 10, 2013

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Glencore Xstrata reports:

“Zn has been in a deficit for the last 7 quarters”

“More than 2Mt of new zinc supply is required by 2016”

“Zinc demand in 2013 seen up 5%, with Chinese zinc imports 19%, galvanized sheet production up 11%”

“Market is moving towards a structural deficit”

• Akie Property:125 km2 (yellow)

• Kechika Regional: 653.9 km2 (red)

• CZX 100% Ownership

• Overlies 140 km of prospective Gunsteel Formation

• Tenure in Good Standing to Dec. 2021

• 77,754 hectares in BC’s highly prospective Kechika Zn-Pb-Ag SEDEX belt

• Belt hosts several base metal deposits (Akie, Cirque, Driftpile) & numerous targets

Akie Property &

Kechika Regional Properties

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Teck (TSX: TCK.B) is:

One of the world’s largest producers of zinc (645,000 tonnes of zinc con per year)

Red Dog mine in Alaska is one of the world's largest zinc mines

Trail Smelter in BC is one of the world's largest fully-integrated zinc & lead smelting and refining operations

Currently drilling on the Cirque Property (20 km NW of Akie & contiguous with Pie & Yuen)

Teck Earn-in Agreement:

Tiered option agreement to acquire up to 70% interest in the Pie, Cirque East & Yuen properties (three of the contiguous Kechika properties)

Total aggregate of $8,500,000 in exploration expenditures on the properties on or before September 30, 2019

Teck Private Placement:

Teck has acquired 1,250,000 units of CZX at a price per unit of $0.40 ($500,000)

• Akie & Kechika regional properties are in NE British Columbia

• 260 km NNW of Mackenzie• 450 km NNW of Prince George

• Road access to the Akie property & planned UG development at Cardiac Creek

• Existing paved highway and railway access at Mackenzie

• BC’s largest hydroelectric power source is 160 km SE

• Deep sea port at Prince Rupert and zinc smelter at Trail, BC

• Strong Government & Local Community Support

Location and Infrastructure

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World Famous Selwyn Basin

Target: “Gunsteel Shale”

KechikaTrough

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Work completed by CZX 2005-2013

● Diamond drilling: ~37,265m in 89 diamond drill holes

● NI 43-101 Indicated and Inferred resource estimate prepared & updated

● Road/trail construction to access planned UG workings: total 14.7 km

● Construction of 50 person trailer camp & core storage/logging facility

● Secured UG Permit to Explore

● Engineering baseline studies (2010-ongoing)

● Environmental baseline studies (2007-ongoing)

Geotechnical & Groundwater Drilling

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Hole # Int (m) Zn+Pb (%)05-30 24.63 14.6905-32 26.71 14.7007-42 8.60 17.0707-45 26.11 16.9807-49 15.89 13.6507-50 20.98 20.0807-51 35.14 12.4007-53 16.23 15.1508-57 16.55 12.14

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Notes:(1)Estimate based on drilling results inclusive to 2011 data(2)Average width of deposit is estimated at 20 metres

Resource Calculation (based on drill results through 2011)

Cut Off Grade %

Zinc

Tonnes(000’s)

Zinc (%)

Lead (%)

Silver (g/t)

Combined Zn + Pb

(%)

Zinc Metal tonnes(000’s)

Lead Metal tonnes(000’s)

Silver ounces (000’s)

INDICATEDINDICATED

2 20,088 6.59 1.31 11.2 7.90 1,324 263 7,202

3 17,683 7.15 1.43 12.0 8.58 1,264 253 6,805

4 15,195 7.75 1.56 12.8 9.31 1,178 237 6.258

5 12,731 8.38 1.68 13.7 10.06 1,067 214 5,595

6 10,342 9.05 1.81 14.6 10.86 936 187 4,845

7 7,798 9.89 1.98 15.6 11.87 771 155 3.919

INFERREDINFERRED

2 48,102 4.62 0.83 8.1 5.63 2,222 399 12,480

3 33,016 5.61 1.02 9.4 6.63 1,852 337 9,968

4 23,278 6.50 1.19 10.5 7.69 1,513 277 7,888

5 16,287 7.38 1.34 11.6 8.72 1,202 218 6,053

6 11,026 8.28 1.50 12.5 9.78 913 165 4,435

7 7,092 9.29 1.67 13.7 10.96 659 118 3,122

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Indicated Inferred

Metric tonnes 12.7 Million 16.3 Million

Zn Cut-off Grade 5% 5%

Average Grade Zinc – 8.38%Lead – 1.68%Silver – 13.7 g/t

Zinc – 7.38%Lead – 1.34%Silver – 11.6 g/t

Gross Contained Metals

Zinc – 2.35 billion lbsLead – 0.47 billion lbsSilver – 5.60 million oz

Zinc – 2.65 billion lbsLead – 0.48 billion lbsSilver – 6.05 million oz

• Additional drilling added > 5M tonnes of resource• Average 100 metre drill spacing has upgraded 44% of the total

resource into the Indicated category• Increase in Zinc grade

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Large barite SEDEX

“Kill Zone”

1989 Drilling: 8.8 m @ 9.3% Zn + Pb & 1.2 oz/t Ag

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● Geology similar to Cardiac

Creek, Cirque and Driftpile

● Historical Drill Results:

8.8m grading 9.3% Zn+Pb

(inc. 3.6m grading 14.2%

Zn+Pb)*

Mt. AlcockProperty

* Murrell, M., and Roberts, W., 1990; Summary Report, 1989 Exploration Program on the Mt. Alcock Property, British Columbia Ministry of Energy, Mines and Petroleum Resources, Assessment Report 19829A & B, 133p

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Contiguous with Teck/Korea Zinc’s Cirque deposit & the Cardiac Creek deposit

Gunsteel Shale: target host rock present in three parallel panels

New Airborne VTEM Data from 2012

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Historical drilling has tested only 2 zones on Central Pie

Significant untested strike length on Central, West & East Pie

High grade channel samples from Pie Breccia(up to 27.8% Zn & 4.8% Pb) – never drill tested

• Akie is one of the largest undeveloped zinc-lead deposits in the world & is attracting interest of several large base metal mining companies with Tongling Nonferrous Metals, Lundin Mining & Teck Resources already invested

• Company has dominating & highly prospective land position in the district with a strong likelihood of discovery of additional deposits

• Company is well funded – $10.5 million in working capital

• Program permitted for underground development and definition drilling to move Cardiac Creek towards completion of feasibility level studies

• Infrastructure in the area is well established

• Kechika Regional claims - considering “spinout” of properties into another publically traded vehicle for the benefit of existing CZX shareholders & other transactions to unlock value (Teck Earn-in Option Agreement on 3 properties)

• Looming chronic shortage of zinc is forecast; coincidental with depletion of major zinc mines in the near future coupled with very limited new mine developments leading to very bullish views on zinc

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Please contact us at:

2050 – 1055 West Georgia St.PO Box 11121, Royal CentreVancouver, BC, CanadaV6E 3P3

T: 1.604.684.2181TF: 1.855.684.2181E: info@canadazincmetals.comW: www.canadazincmetals.com

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