Business
ZincX Resources Appoints Vice President of Tongling Nonferrous Metals Group Holding Co. Ltd. to Board of Directors
VANCOUVER, BC / ACCESSWIRE / November 19, 2018 / ZincX Resources Corp. ("ZincX Resources" or ...
About this update from Zincx Resources Corp.
[{"type":"text","content":"ZincX Resources Appoints Vice President of Tongling Nonferrous Metals Group Holding Co. Ltd. to Board of DirectorsVANCOUVER, BC / ACCESSWIRE / November 19, 2018 / ZincX Resources Corp. (\"ZincX Resources\" or \"the Company\"), (TSXV: ZNX) is pleased to announce the appointment of Mr. Hu Xinfu, Vice-President, Tongling Nonferrous Metals Group Holdings Co. Ltd. (\"Tongling\") to the Board of Directors. He will sit as an independent director.Mr. Hu Xinfu is currently Vice President of Tongling and is a professional geological engineer with over 25 years of experience in the mining sector, especially in the Dongguashan Copper Mine located in Tongling, China. He obtained a Bachelor of Geology degree from the Central South University of China in 1988.Mr. Hu Xinfu is in charge of acquisition and exploitation of mineral resources both in domestic China and abroad, and is also responsible for production safety and environmental protection for Tongling.Tongling, based in Tongling, Anhui, is a state-owned holding company, and one of China's largest copper smelting companies. Tongling's principal activities are exploration, mining, ore processing, smelting & refining and products processing of copper, lead, zinc, gold, silver and other non-ferrous and rare metals.Tongling had previously purchased units of the Company through two large private placements and an exercise of warrants. Tongling currently owns a total of 48,636,224 shares, representing a 29.34% equity position in ZincX Resources.Peeyush Varshney, CEO of the Company, stated: \"We welcome Mr. Hu Xinfu to our Board and greatly value his wealth of exploration and production experience across multiple facets in the base metal mining sector. This new appointment is in keeping with our continuing efforts to advance the significant value and merit of the Cardiac Creek deposit and to recognize the interest of one of the world's premier base metal companies. Mr. Hu Xinfu and his technical team are thoroughly familiar with the progress to-date on the Akie property, including the recent PEA. He and his technical team toured the Akie property during the 2018 drill program and recognize the inherent value of the Company's significant prospective land package and the potential long-term district development opportunity. We look forward to continuing to build our relationship with Mr. Hu Xi...