Canadian Zinc Update on Research Program to Investigate Central Milling Facility in Central Newfoundland

25 January 2016

Vancouver, British Columbia, January 25, 2016 - Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) (“the Company” or “Canadian Zinc”) is pleased to provide an update on its collaboration project with Buchans Minerals Corporation (“Buchans Minerals”), a wholly owned subsidiary of Minco Plc (AIM: MIO) in which the companies have agreed to jointly undertake a research program aimed at investigating the viability of developing their respective central Newfoundland Zn-Pb-Cu-Ag-Au deposits through a central milling facility (see press release dated December 1, 2015).