# ZincX Provides Option on Kechika North Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/zincx-provides-option-on-kechika-north-project--754d42a6-8eb5-4449-abdd-6e6dabe2ee68 Original source: https://money.tmx.com/en/quote/ZNX/news/4578252324642572/zincx-provides-option-on-kechika-north-project Publisher: tmx Original announcement: 2023-08-10T07:05:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: ZincX Resources Corp. - Ticker: ZNX - Exchange: TSX - Region: British Columbia - Primary commodity: Zinc - Secondary commodities: Lead, Silver - Document categories: Resource update, Agreement transaction, Economic study - Extracted: 2026-09-17 07:06:57 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary ZincX Resources Corp. has entered into an option agreement for its Kechika North Project, providing potential non-dilutive funding. The release also re-states the 2018 PEA results for the flagship Akie Project, which features a significant zinc-lead-silver SEDEX deposit. Reasoning: The announcement of a strategic option agreement on the Kechika North Project provides non-dilutive funding potential, while re-stating strong PEA economics for the flagship Akie Project. - Positive factor: Option agreement provides non-dilutive funding potential - Positive factor: Robust PEA economics for flagship Akie Project - Positive factor: Significant zinc resource scale Facts used in scoring: 8 ## Classification and evidence **Agreement Transaction** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company announced an option agreement for the Kechika North Project with a third party. Evidence · text > Kechika North Project has been optioned to an arm's-length third party **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The Akie Project is described as host to the large 43-101 compliant Cardiac Creek deposit. Evidence · text > large 43-101 compliant Cardiac Creek deposit **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: The document discusses a Preliminary Economic Assessment \(PEA\) for the Akie Project. Evidence · text > The Company announced robust positive results from the 2018 Preliminary Economic Assessment \(PEA\) ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Resource Estimates (6) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-provides-option-on-kechika-north-project--754d42a6-8eb5-4449-abdd-6e6dabe2ee68#fact-resource-facts-1) Akie Project · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Akie Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Resource group id: resource:fcf108d18259af90ddd5 #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 8.32 - Grade Unit: % - Contained Metal: 4.162 - Contained Unit: b lbs #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2023-08-10T00:00:00.000Z Reasoning: Indicated zinc resource at Cardiac Creek. - Positive factor: High grade zinc Evidence · table > 8.32 Context: 22.7 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.6 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-provides-option-on-kechika-north-project--754d42a6-8eb5-4449-abdd-6e6dabe2ee68#fact-resource-facts-2) Akie Project · lead Historical result Needs review: historical\_restatement #### Identity - Project: Akie Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Resource group id: resource:fcf108d18259af90ddd5 #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 1.61 - Grade Unit: % - Contained Metal: 0.804 - Contained Unit: b lbs #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2023-08-10T00:00:00.000Z Reasoning: Indicated lead resource at Cardiac Creek. - Positive factor: Significant lead grade Evidence · table > 1.61 Context: 22.7 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.6 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-provides-option-on-kechika-north-project--754d42a6-8eb5-4449-abdd-6e6dabe2ee68#fact-resource-facts-3) Akie Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Akie Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Resource group id: resource:fcf108d18259af90ddd5 #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 14.1 - Grade Unit: g/t - Contained Metal: 10.3 - Contained Unit: m oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2023-08-10T00:00:00.000Z Reasoning: Indicated silver resource at Cardiac Creek. - Positive factor: Silver credits Evidence · table > 14.1 Context: 22.7 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.6 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-provides-option-on-kechika-north-project--754d42a6-8eb5-4449-abdd-6e6dabe2ee68#fact-resource-facts-4) Akie Project · zinc Historical result Needs review: historical\_restatement #### Identity - Project: Akie Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Resource group id: resource:2bffd8c27b59e5f8552f #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 7.04 - Grade Unit: % - Contained Metal: 1.169 - Contained Unit: b lbs #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2023-08-10T00:00:00.000Z Reasoning: Inferred zinc resource at Cardiac Creek. Evidence · table > 7.04 Context: 7.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.6 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-provides-option-on-kechika-north-project--754d42a6-8eb5-4449-abdd-6e6dabe2ee68#fact-resource-facts-5) Akie Project · lead Historical result Needs review: historical\_restatement #### Identity - Project: Akie Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Resource group id: resource:2bffd8c27b59e5f8552f #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 1.24 - Grade Unit: % - Contained Metal: 0.205 - Contained Unit: b lbs #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2023-08-10T00:00:00.000Z Reasoning: Inferred lead resource at Cardiac Creek. Evidence · table > 1.24 Context: 7.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.6 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-provides-option-on-kechika-north-project--754d42a6-8eb5-4449-abdd-6e6dabe2ee68#fact-resource-facts-6) Akie Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Akie Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Resource group id: resource:2bffd8c27b59e5f8552f #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 12 - Grade Unit: g/t - Contained Metal: 2.9 - Contained Unit: m oz #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2023-08-10T00:00:00.000Z Reasoning: Inferred silver resource at Cardiac Creek. Evidence · table > 12.0 Context: 7.5 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 5.6 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.