ZincX Provides Option on Kechika North Project

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[{"type":"text","content":"ZincX Provides Option on Kechika North ProjectVANCOUVER, BC / ACCESSWIRE / August 10, 2023 / ZincX Resources Corp. (\"ZincX Resources\" or the \"Company\") (TSX Venture Exchange:ZNX)(US:ZNCXF)(FRA:M9R ) is pleased to announce that the Company's Kechika North Project has been optioned to an arm's-length third party (the \"Optionee\") based in British Columbia.The Optionee has been provided an option to acquire 100% ownership of 103 contiguous mineral claims that make up the Kechika North Project; the northern extension of the Company's contiguous, district-scale land holdings that cover 140 kilometers northward from the Company's flagship Akie Property.The deal grants the Optionee an option to acquire an undivided 100% legal and beneficial right, title and interest in and to the Kechika North Project for a cash payment of $3 million dollars; to be made within two (2) years from the effective date of the agreement.The Kechika North Project represents a contiguous group of claims that covers part of the Kechika Trough and is comprised of 6 properties identified by past historical exploration; named from south to north: Kwad, Weiss, Bear/Spa, Driftpile South, Saint and Thro.CEO Peeyush Varshney stated, \"We are pleased to announce this arrangement. The properties that make up the Kechika North Project have not had modern follow-up ground exploration and have seen little to no work over the past 35 years. Importantly and strategically, this option agreement provides ZincX with potential significant non-dilutive funding.\"The Company's flagship Akie Project is host to the large 43-101 compliant Cardiac Creek deposit and remains, along with the southern Kechika Properties, the primary corporate focus.In addition to the Akie Project, the Company's southern Kechika Properties include the 100% owned highly prospective Mt. Alcock Property which consists of 21 claims covering 9,173 hectares and is located approximately 40 kilometres to the northwest of the Akie property and 20 kilometres from Teck Resources/Korea Zinc's Cirque property. The Mt. Alcock property remains a high-priority and is host to a prominent, highly visible barite kill zone that has been subject to historical drilling. The limited and extremely shallow drilling by previous operators intersected mineralisation with significant grade such as 9.30% combined Zn+Pb and 1.20 oz...

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