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ZincX Resources Corp V.ZNX

Alternate Symbol(s):  ZNCXF

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

Post by Pensionplan20on Oct 31, 2020 2:08pm
236 Views
Post# 31818785

MD&A

MD&AFrom the ZNX Management Discussion and Analysis as filed on SEDAR last week: (viii) the Company received an advance of $1,399,686 from a significant shareholder, Tongling Non-Ferrous Metals (Tongling), to fund a drill program on the Akie Property. The advance will be repaid in common shares of the Company to Tongling valued at a minimum of $0.30 per share, subject to TSX-V approval. Accumulating at $ 0,10
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