ZINCX RES CORP - ZNCXF STOCK NEWS

ZincX Resources Corp. provides an update on metallurgical testing for the Cardiac Creek deposit. Ongoing tests, overseen by strategic partner Tongling Non-Ferrous Metals, aim to enhance recovery and concentrate grades of zinc and lead from drill core samples. The work includes waste disposal tests and flotation analysis. The 2021 diamond drill program yielded over 500 samples, with significant mineralization observed. The latest updates indicate a strong focus on improving the economic viability of the project, supported by robust results from a previous Preliminary Economic Assessment (PEA).

ZincX Resources Corp. has commenced sending metallurgical samples from its 2021 drilling program to Tongling Non-Ferrous Metals in China for testing. The shipment, consisting of over 1,350 kilograms of samples from five successful drill holes, aims to enhance recovery and concentrate grades of zinc and lead at the Cardiac Creek deposit. The anticipated testing will begin shortly after Chinese New Year 2022. CEO Peeyush Varshney expressed optimism about the partnership with Tongling, emphasizing the potential economic benefits from the ongoing metallurgical testing.

ZincX Resources Corp. has announced a status update regarding its Akie and Kechika Regional mineral claims. The claims, covering an area of 79,780 hectares, are in good standing until September 13, 2030. The company has filed an annual Statement of Cost based on 2021 exploration expenditures. CEO Peeyush Varshney expressed satisfaction over the extended claim status which, alongside a recent drill permit extension, allows for uninterrupted exploration. The Akie property hosts the Cardiac Creek deposit, with a 2018 Preliminary Economic Assessment (PEA) indicating robust potential.

ZincX Resources Corp. has received a 5-year extension for its surface drilling permit at the Akie project, now valid until December 31, 2026. This renewal allows continued exploration of the Zn-Pb-Ag Cardiac Creek deposit and its surrounding targets. The spot zinc price is above US$1.60/lb, driven by supply-demand fundamentals. The Preliminary Economic Assessment (PEA) from 2018 revealed strong financial metrics, showing a potential pre-tax NPV of CAD$649M and an IRR of 35%. ZincX is preparing for exploration activities in 2022.

ZincX Resources Corp. (ZNCXF) announced significant assay results from its 2021 drilling program at the Cardiac Creek deposit, totaling 2,669 metres across five drill holes. Notably, drill hole A-21-158 revealed 9.09% Zn+Pb and 14.4 g/t Ag over 5.83 metres, while A-21-159 returned 5.59% Zn+Pb and 8.7 g/t Ag over 19.55 metres. The results indicate promising high-grade mineralization, setting the stage for further metallurgical testing funded by Tongling Non-Ferrous Metals of China. The 2021 drilling aims to enhance recoveries and concentrate grades for upcoming operations.

ZincX Resources Corp. announced its common shares are now trading on the OTCQB Venture Market in the U.S. under the symbol ZNCXF, in addition to its TSX Venture Exchange listing as ZNX.V. CEO Peeyush Varshney emphasized the move enhances visibility and liquidity for U.S. investors. The company's Akie project has significant mineral resources. A 2018 Preliminary Economic Assessment (PEA) projects a conventional underground mining operation with a lifespan of 18 years, showcasing a pre-tax NPV of $649M and an IRR of 35%.

ZincX Resources Corp. announced the successful completion of the second drill hole in its 2021 program targeting the Cardiac Creek deposit in British Columbia. Hole A-21-156B intersected approximately 23.0 metres of high-grade mineralization, demonstrating 14.70% Zn+Pb and 23.98g/t Ag in prior holes. The company plans to conduct advanced metallurgical testing to enhance recoveries and concentrate grades. Funding for the program comes from strategic partner Tongling Non-Ferrous Metals, with a total of 2,000 metres of drilling scheduled for this phase.

ZincX Resources Corp. announced the results of its Annual General Meeting held on April 29, 2021. All five nominees were appointed as Directors, with votes for each ranging from 95.12% to 99.94%. Additionally, Davidson & Company LLP was re-appointed as auditors. The Company also updated on its Akie Zn-Pb-Ag Project, highlighting a significant body of SEDEX mineralization and a 2018 Preliminary Economic Assessment showing a pre-tax NPV of $649 million and an after-tax NPV of $401 million. The PEA outlines a conventional underground mine with a life expectancy of 18 years, though mineral resources remain speculative.