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ZincX Resources Corp. has announced a comprehensive drill program in 2021 at the Cardiac Creek deposit, with approximately 2,000 metres of drilling set to begin in late May to early June. The drill program will focus on acquiring mineralized samples for advanced metallurgical testing to improve recoveries and concentrate grades for zinc and lead. The drilling will target the northwest, central, and southeast areas of the deposit, aiming for high-grade results. Past drill holes yielded significant high-grade results, highlighting the deposit's potential value.
ZincX Resources Corp. (OTC PINK: ZNCXF) has successfully completed a non-brokered private placement, securing $1.5 million from issuing 7,500,000 flow-through units at $0.20 each. Each unit comprises one common share and half a warrant, with full warrants priced at $0.40 for 24 months. Proceeds will be directed towards exploration projects, primarily at the Akie and Kechika Regional sites in British Columbia. The recent financing received backing from affiliates of the Sprott Group, underscoring investor confidence.
ZincX Resources Corp. (ZNCXF) has engaged Discovery Diamond Drilling Ltd. for its upcoming 2021 summer drill program at the Akie Project in British Columbia. The contractual arrangements are finalized amidst high demand for drilling services. The program will include approximately 2,000 metres of drilling aimed at acquiring mineralized samples for metallurgical testing. This testing focuses on improving the recovery and concentrate grades of zinc and lead. Drilling is set to start the first week of June, with a camp opening planned for late May.
ZincX Resources Corp. has provided an update on its Kechika Trough targeting initiative, identifying 19 high-priority exploration targets from 95 Areas of Interest (AOIs). The initiative utilizes a comprehensive 40-year exploration database to refine targets across its properties, primarily the Akie property. Key targets include Mt. Alcock, which has shown significant mineralization in past drilling, and the Saint and Thro properties, which exhibit substantial lead soil anomalies. The CEO highlighted this as a step forward in unlocking the project's potential, with ongoing assessments planned for the high-priority targets.