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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 FloridaJackon Jul 05, 2023 11:04am
411 Views
Post# 35527305

Things Are Good

Things Are GoodIt’s now been 3 whole months since the “general update” announcement that Zincx is “planning to plan” for the season.
 
Summer already began and we have still not heard of any “planned for” activities.
 
There is a reason, I suspect, as our CEO confirmed in that news release;
 
“specifically the Cardiac Creek Zn-Pb-Ag deposit, has been the target of increasing market interest.”
 
Why spend money if we’re a target of interest?
 
Something is going on.
 
“Our Akie Project and the premier Cardiac Creek deposit is one of the most compelling zinc opportunities in the zinc space globally. 

The two recent transactions in the Canadian junior zinc space clearly highlight how undervalued the Company currently is and the tremendous potential to realize a much higher valuation. 

The Cardiac Creek deposit has the potential to represent an important, long-life mine in a safe, stable jurisdiction producing zinc to supply a variety of markets and the green economy during this time of energy transition.”
 
We are waiting for a buy-out.
 
And…….. zinc, the metal, is looking better and better.
 
In addition to BBAccount00’s post about LDES and zinc, the much improved, cheaper and safer technology of zinc-based batteries over lithium, infrastructure spending, clean energy wind and solar, electric vehicles, Pentagon funding of critical mineral projects in Canada (zinc is on but copper is not on the list in the US), China just announced export restrictions on the zinc based metal germanium used in making computer chips.
 
July 4 (Reuters) - China said on Monday it will impose export restrictions from Aug. 1 on some gallium and germanium products, metals used in computer chips and other products, to protect national security interests.

Here are some facts about gallium and germanium:

WHERE IS GERMANIUM FOUND?

Germanium ores are rare and most germanium is a by-product of zinc production and from coal fly ash.

China produces around 60% of the world's germanium, according to European industry association Critical Raw Materials Alliance (CRMA), with the rest coming from Canada, Finland, Russia and the United States.

Canada's Teck Resources (TECKb.TO) is the biggest germanium producer in North America, extracting the material from its Trail smelter in British Columbia.
 
Teck Resources is already a partner with Zincx. They will be even more focused on Zinc when Glencore takes over their coal business side. Teck's Cirque “Zinc Initiative” is just 15 minutes away from our site.
 
If not Teck, Korea Zinc is also a partner with Zincx.
 
Or any other major.
 
All good things for Zincx.
 
It’s a matter of time.
 
Nine cents a share is grossly undervalued.


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