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ZincX Resources Corp. - TSX.V: ZNX

About ZincX

Overview

Who we are, what we hold, and why the Kechika Trough matters.

Company profile

ZincX Resources Corp. (TSX-V: ZNX) is a mineral exploration company focused on unlocking the long-term mining potential of the Zn-Pb-Ag enriched Kechika Trough district located in the low-risk development environment of British Columbia.

The Company is the dominant tenure holder in the prolific Kechika Trough district that is host to several Zn-Pb-Ag deposits including the Company's Cardiac Creek deposit. The Company has strategically subdivided its extensive tenure holdings into two key projects: The Akie Project (Cardiac Creek deposit) and the Kechika Regional Project (Blue Sky exploration potential).

At a glance

Corporate & Project Highlights

  • The development of the Cardiac Creek deposit, one of the largest untapped Zn-Pb-Ag deposits in Canada.

  • The deposit has defined Indicated and Inferred Resources containing over 5.3 billion pounds of Zinc and 1 billion pounds of Lead (@ a 5% Zn Cut-off).

  • The deposit is road accessible via an extensive network of Forest Service Roads and close to other major infrastructure requirements (power, rail, water, barge).

  • Dominant tenure holder in the Kechika Trough covering the prospective Gunsteel Formation shales.

  • Tremendous Blue-Sky potential in the Kechika Regional Project for additional discoveries and development of advanced prospects such as Mt. Alcock and Bear/Spa.

  • Strong Management with extensive technical and financial backgrounds.

  • Well capitalized with no debt.

  • Strong shareholder base including majors such as Tongling Non-Ferrous Metals Group Holding Co. Ltd., Teck Resources Ltd., and Korea Zinc Company Ltd.

The flagship

Cardiac Creek deposit

Discovery

1994

The Cardiac Creek deposit was discovered in 1994 by Inmet Mining Corp. Initial drilling programs outlined a historical mineral resource of 12Mt grading 8.6% Zn, 1.5% Pb, 17.1g/t Ag.

Since late 2005 drilling by the Company has resulted in tremendous growth of the deposit which currently contains a NI 43-101 compliant resource with an indicated resource of 22.7Mt grading 8.32% Zn, 1.61% Pb, 14.1g/t Ag and an inferred resource of 7.5Mt grading 7.04% Zn, 1.24% Pb, 12.0g/t Ag at a 5% Zn Cut-off. The deposit remains open for expansion at depth and along strike.

22.7Mt

Indicated @ 8.32% Zn

7.5Mt

Inferred @ 7.04% Zn

5.3B lbs

Zinc defined

Mineral resources are not mineral reserves and do not have demonstrated economic viability. Reference to a 5% Zn cut-off grade.