# ZincX Resources to Participate at PDAC 2024 Conference Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2024-conference--b1a8f3c3-6474-40c5-b886-7d2ea2847d20 Original source: https://money.tmx.com/en/quote/ZNX/news/6488041883825271/zincx-resources-to-participate-at-pdac-2024-conference Publisher: tmx Original announcement: 2024-02-27T08:05:00.000Z 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, Economic study - Extracted: 2026-09-17 07:07:42 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary ZincX Resources Corp. is participating in the PDAC 2024 conference to showcase its Akie Project and Cardiac Creek SEDEX deposit. The company highlighted its 2018 PEA results, which feature a 35% pre-tax IRR and a 2.6-year payback for a conventional underground zinc-lead-silver mine. Reasoning: The document is a corporate announcement regarding PDAC participation, but it re-releases 2018 PEA economics and resource estimates. While the economics are strong \(35% IRR\), the data is several years old \(low novelty\) and the study is a preliminary assessment \(PEA\). - Positive factor: Robust PEA results with 35% pre-tax IRR - Positive factor: High-grade SEDEX deposit characteristics - Positive factor: Strong zinc-lead-silver resource grades - Negative factor: Stale resource data \(2018\) - Negative factor: Economic study is a PEA \(low maturity\) - Negative factor: Significant Inferred component in resource 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 \(PEA\). 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: 7.5 **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 the PEA. Evidence · text > Ken MacDonald P.Geo... 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-2024-conference--b1a8f3c3-6474-40c5-b886-7d2ea2847d20#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 - Effective date: 2018-01-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Ken MacDonald - Resource group id: resource:2ee88ee48f562f4d7593 - Deposit or zone: Cardiac Creek - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 8.32 - Grade Unit: % - Contained Metal: 4162000000 - Contained Unit: lbs - Cutoff Grade: 5 - Cutoff Unit: % Zn #### Prior Estimate - Resource Date: 2018-01-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2024-02-27T00:00:00.000Z Reasoning: The resource estimate is high grade but was last updated in 2018. - Positive factor: High grade zinc \(8.32%\) in Indicated category - Negative factor: Stale 2018 data 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **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 **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 6.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2024-conference--b1a8f3c3-6474-40c5-b886-7d2ea2847d20#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 - Effective date: 2018-01-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Ken MacDonald - Resource group id: resource:2ee88ee48f562f4d7593 - Deposit or zone: Cardiac Creek - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 1.61 - Grade Unit: % - Contained Metal: 804000000 - Contained Unit: lbs - Cutoff Grade: 5 - Cutoff Unit: % Zn #### Prior Estimate - Resource Date: 2018-01-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2024-02-27T00:00:00.000Z Reasoning: The resource estimate is high grade but was last updated in 2018. - Positive factor: High grade zinc \(8.32%\) in Indicated category - Negative factor: Stale 2018 data 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **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 **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 6.2 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2024-conference--b1a8f3c3-6474-40c5-b886-7d2ea2847d20#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 - Effective date: 2018-01-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Ken MacDonald - Resource group id: resource:2ee88ee48f562f4d7593 - Deposit or zone: Cardiac Creek - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 22700000 - Grade: 14.1 - Grade Unit: g/t - Contained Metal: 10.3 - Contained Unit: m oz - Cutoff Grade: 5 - Cutoff Unit: % Zn #### Prior Estimate - Resource Date: 2018-01-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2024-02-27T00:00:00.000Z Reasoning: The resource estimate is high grade but was last updated in 2018. - Positive factor: High grade zinc \(8.32%\) in Indicated category - Negative factor: Stale 2018 data 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **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 **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 6.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2024-conference--b1a8f3c3-6474-40c5-b886-7d2ea2847d20#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 - Effective date: 2018-01-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Ken MacDonald - Resource group id: resource:dba5fc307e9766c0176b - Deposit or zone: Cardiac Creek - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 7.04 - Grade Unit: % - Cutoff Grade: 5 - Cutoff Unit: % Zn #### Prior Estimate - Resource Date: 2018-01-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2024-02-27T00:00:00.000Z Reasoning: The resource estimate is high grade but was last updated in 2018. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade zinc \(8.32%\) in Indicated category - Negative factor: Stale 2018 data 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **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 **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 6.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2024-conference--b1a8f3c3-6474-40c5-b886-7d2ea2847d20#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 - Effective date: 2018-01-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Ken MacDonald - Resource group id: resource:dba5fc307e9766c0176b - Deposit or zone: Cardiac Creek - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 1.24 - Grade Unit: % - Cutoff Grade: 5 - Cutoff Unit: % Zn #### Prior Estimate - Resource Date: 2018-01-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2024-02-27T00:00:00.000Z Reasoning: The resource estimate is high grade but was last updated in 2018. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade zinc \(8.32%\) in Indicated category - Negative factor: Stale 2018 data 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **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 **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 6.2 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/zincx-resources-to-participate-at-pdac-2024-conference--b1a8f3c3-6474-40c5-b886-7d2ea2847d20#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 - Effective date: 2018-01-01T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Ken MacDonald - Resource group id: resource:dba5fc307e9766c0176b - Deposit or zone: Cardiac Creek - Mining method: underground - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 7500000 - Grade: 12 - Grade Unit: g/t - Cutoff Grade: 5 - Cutoff Unit: % Zn #### Prior Estimate - Resource Date: 2018-01-01 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2018-01-01T00:00:00.000Z #### Dates - Event date: 2024-02-27T00:00:00.000Z Reasoning: The resource estimate is high grade but was last updated in 2018. \(Expanded from multi-commodity resource table for completeness.\) - Positive factor: High grade zinc \(8.32%\) in Indicated category - Negative factor: Stale 2018 data 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **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: qp\_signed is true **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 **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 6.2 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.