Jun 28, 2010 Zazu Moves Forward With Engineering At Lik Zazu Metals Corporation (TSX: ZAZ, "Zazu") is pleased to announce the engagement of JDS Energy and Mining, Inc. (JDS) to assist in the development of the company's Lik Deposit, 22km from Teck's Red Dog Mine in North West Alaska. In April, Zazu announced the release of the positive Preliminary Assessment Study by Scott Wilson Roscoe Postle Associates Inc., on an initial open pit mine on Zazu's Lik South. The study identified multiple areas where the project economics could be improved. JDS will assess these and aim to identify others. JDS are mine development specialists, with considerable experience in northern climates. They have recent zinc experience through development of the G9 mine for Farrallon Mining Ltd. More information about JDS can be found at: http://www.jdsmining.ca/ Teck is a 50% joint venture partner in the Lik Deposit, however, Zazu has the exclusive right to obtain 80% of the property by meeting certain spending commitments by 2018. Zazu is in the enviable position of having a limited number of shares outstanding and no debt. About Zazu Metals Corporation Zazu is a Canadian-based exploration company focused on acquiring and developing base metal properties in North America. Zazu's principal asset is its 50% joint venture interest with Teck in the Lik zinc -- lead - silver deposit in northwestern Alaska. Additional information about Zazu is available on its website at www.zazumetals.com. Additional information about the property is on the Teck website (www.teck.com). Zazu is not responsible for the content, accuracy or timeliness of material contained on the Teck website. ON BEHALF OF THE BOARD OF DIRECTORS Gil Atzmon, Chairman and CEO | |
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