# ZincX Resources to Participate at PDAC 2023 Conference Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2023-conference--a50d14d6-670d-4272-ac6d-304bceb1dad3 Original source: https://money.tmx.com/en/quote/ZNX/news/7282344059313912/zincx-resources-to-participate-at-pdac-2023-conference Publisher: tmx Original announcement: 2023-02-28T14:00:00.000Z 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, Economic study - Extracted: 2026-09-17 07:08:45 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary ZincX Resources is participating in the PDAC 2023 conference to showcase its Akie Project and Cardiac Creek SEDEX deposit. The company highlighted its 2018 PEA results, which envisage an underground zinc-lead-silver mine with a 35% pre-tax IRR and a 2.6-year payback. Reasoning: The document re-releases 2018 PEA results and resource estimates to promote PDAC participation. While the economics are robust \(35% Pre-Tax IRR\), the data is several years old. - Positive factor: Strong IRR and NPV from PEA - Positive factor: High-grade SEDEX deposit characteristics - Positive factor: Significant contained metal scale - Negative factor: Stale resource estimate \(2018\) - Negative factor: Economics include Inferred resources Facts used in scoring: 7 ## Classification and evidence **PEA Only** Polarity: neutral Definition: Only Class 4 / Initial Assessment economics available. Not bankable. Why it applies: The economic results are from a 2018 Preliminary Economic Assessment. Evidence · text > The Company announced robust positive results from the 2018 Preliminary Economic Assessment \(PEA\). **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The mineral resource estimate was last updated in 2018. Evidence · text > The Company updated the estimate of mineral resources at Cardiac Creek in 2018 **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A significant portion of the resource is in the Inferred category. Evidence · table > 7.5 Context: Inferred **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Qualified Persons are named for the technical information and PEA. Evidence · text > Ken MacDonald P.Geo., Vice President of Exploration for the Company, is the designated Qualified Person ## 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-resources-to-participate-at-pdac-2023-conference--a50d14d6-670d-4272-ac6d-304bceb1dad3#fact-resource-facts-1) Akie Project · zinc #### Identity - Project: Akie Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:72bf061f673ff57554cd - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 8.32 - Grade Unit: % - Contained Metal: 4162000000 - Contained Unit: lbs #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-02-28T00:00:00.000Z Reasoning: Indicated resource component of the 2018 estimate. - 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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2023-conference--a50d14d6-670d-4272-ac6d-304bceb1dad3#fact-resource-facts-2) Akie Project · lead #### Identity - Project: Akie Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:72bf061f673ff57554cd - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 1.61 - Grade Unit: % - Contained Metal: 804000000 - Contained Unit: lbs #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-02-28T00:00:00.000Z Reasoning: Indicated resource component of the 2018 estimate. 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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2023-conference--a50d14d6-670d-4272-ac6d-304bceb1dad3#fact-resource-facts-3) Akie Project · silver #### Identity - Project: Akie Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:72bf061f673ff57554cd - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 14.1 - Grade Unit: g/t - Contained Metal: 10.3 - Contained Unit: m oz #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-02-28T00:00:00.000Z Reasoning: Indicated resource component of the 2018 estimate. 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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2023-conference--a50d14d6-670d-4272-ac6d-304bceb1dad3#fact-resource-facts-4) Akie Project · zinc #### Identity - Project: Akie Project - Commodity: zinc - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:7d2678d6e4e363200cea - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 7.04 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-02-28T00:00:00.000Z Reasoning: Indicated resource component of the 2018 estimate. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade zinc 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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2023-conference--a50d14d6-670d-4272-ac6d-304bceb1dad3#fact-resource-facts-5) Akie Project · lead #### Identity - Project: Akie Project - Commodity: lead - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:7d2678d6e4e363200cea - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 1.24 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-02-28T00:00:00.000Z Reasoning: Indicated resource component of the 2018 estimate. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade zinc 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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2023-conference--a50d14d6-670d-4272-ac6d-304bceb1dad3#fact-resource-facts-6) Akie Project · silver #### Identity - Project: Akie Project - Commodity: silver - Region: canada\_bc - Reported Region: British Columbia - Ticker: ZNX #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - Resource group id: resource:7d2678d6e4e363200cea - Mining method: underground - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 12 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2023-02-28T00:00:00.000Z Reasoning: Indicated resource component of the 2018 estimate. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade zinc 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 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.