Reserves & Resources

The drilling conducted by the Company on the Cardiac Creek deposit has defined both Indicated and Inferred Resources. The current resource was updated in late 2017 incorporating all the results from the 2017 drilling program. The updated resource can be seen in the table below.

Table: 2017 Sensitivity of Mineral Resources

  Contained Metal:
Cut-off Grade (Zn %) Tonnes (million) Zn (%) Pb (%) Ag (g/t) Zn (Mlbs) Pb (Mlbs) Ag (Moz)
Indicated Resources
2 41.5 6.08 1.16 10.7 5,563 1,062 14.3
3 34.1 6.86 1.32 11.9 5,161 994 13.0
4 28.1 7.58 1.46 13.0 4,700 908 11.7
5 (base case) 22.7 8.32 1.61 14.1 4,162 804 10.3
6 17.9 9.08 1.75 15.2 3,584 691 8.7
7 13.5 9.93 1.91 16.4 2,949 567 7.1
Inferred Resources
2 30.0 4.11 0.69 7.5 2,715 455 7.3
3 18.5 5.15 0.89 9.1 2,098 361 5.4
4 11.8 6.11 1.07 10.5 1,591 278 4.0
5 (base case) 7.5 7.04 1.24 12.0 1,169 205 2.9
6 4.8 7.97 1.40 13.6 835 147 2.1
7 2.8 8.99 1.59 15.4 561 99 1.4

Note: Mineral resources are not mineral reserves because the economic viability has not been demonstrated.

Comparison to Previous Resource

The current mineral resource estimate (November 2017) is compared to the previous mineral resource estimate (effective date May 16, 2016, presented in a technical report dated June 28, 2016).

Table: Comparison of November 2017 and May 2016 Mineral Resources (5% Zn cut-off)

Class November 2017 May 2016
Tonnes
(000)
Zn (%) Pb (%) Ag (g/t) Tonnes
(000)
Zn (%) Pb (%) Ag (g/t)
Indicated 22,702 8.32 1.61 14.1 19,647 8.17 1.58 13.6
Inferred 7,525 7.04 1.24 12.0 8,070 6.81 1.16 11.2

The 2016 resource can be found in the Company’s previously released revised NI 43-101 Technical Report on the Cardiac Creek deposit entitled “Mineral Resource Estimate for the Akie Zinc-Lead-Silver Project, British Columbia, Canada” which can be found at www.sedar.com.

Robert Sim P.Geo., is an independant Qualified Person responsible for the information related to the estimate of Cardiac Creek mineral resources contained in this information. Mr. Sim also served as the Qualified Person responsible for the preparation of the 2016 NI 43-101 Technical Report on the Akie Project and is responsible for the maiden 2008 and updated 2012 mineral resource estimates for the Cardiac Creek deposit. 

09.12.2018

ZincX Resources Provides Exploration Update at Akie

arrowRead More
08.28.2018

ZincX Resources Provides Exploration Update at Akie

arrowRead More
08.02.2018

ZincX Files Preliminary Economic Assessment Report on SEDAR for the Cardiac Creek (Akie Proper [...]

arrowRead More

arrowView All News

Stay up to date with our latest news:

What are you searching for?