ZincX Resources Corp V.ZNX

Alternate Symbol(s): ZNCXF

Metals & Mining Industrial Metals & Minerals

ZincX Resources Corp. is a Canada-based exploration and development company. It is engaged in acquisition, exploration, and evaluation of resource properties in Canada. Its projects include Akie and Kechika Regional projects. Its flagship Akie Project is host to the Cardiac Creek deposit. It holds a 100% interest in the Akie Property, which is located approximately 260 kilometers north-northwest of the town of Mackenzie in northeastern British Columbia (BC). The Akie zinc-lead-silver property is situated within the Kechika Trough, the southernmost extension of the regionally extensive Paleozoic Selwyn Basin. The Kechika Regional Project consists of 11 properties, including the Mt. Alcock, Bear & Spa, Pie, Yuen, and Cirque East properties that extend northwest from the Akie property for approximately 140 kilometers along the strike of the highly prospective Gunsteel Formation shale. The project is located in northeastern BC within the geological district known as the Kechika Trough.

TSXV:ZNX - Post by User

ZincX Resources Corp

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Post by ndiamondon Oct 01, 2020 2:43pm

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Post# 31652290

Tongling Non-Ferrous Metals

Teck and Korea Zinc also own shares of ZNX - from a private placement at 40 cents.

ZNX's largest shareholder is Tongling Non-Ferrous Metals (Chinese State Owned Enterprise) -- they just put some $ in at effectively 30 cents per share. They also have bought into large private placements in 55 cent range. Deep pockets - they bought out TSX listed Corriente Resources for $680 million...

Massive zinc-lead-silver deposit at Akie. Huge exploration upside (on the Akie deposit and the Regional claim package). Desirable jurisdiction: Canada. Decent infrastructure exists in the area around the deposit.

Bargain at current share price ?

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