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ZincX Resources Provides Update on Drilling Program on the Akie Project
VANCOUVER, BC / ACCESSWIRE / July 30, 2019 / ZincX Resources Corp. (“ZincX Resource...
About this update from Zincx Resources Corp.
[{"type":"text","content":"ZincX Resources Provides Update on Drilling Program on the Akie ProjectVANCOUVER, BC / ACCESSWIRE / July 30, 2019 / ZincX Resources Corp. (“ZincX Resources” or “the Company”, TSX Venture Exchange: ZNX) is pleased to provide an update on the diamond drilling program on the Akie Project. The Company previously announced a 2,500 metre large-diameter HQ diamond drilling program that will focus on the Cardiac Creek deposit and build on the positive and robust results from the 2018 Preliminary Economic Assessment (PEA).HighlightsOver half of the planned program has been completed with greater than 1,250 metres drilled. Two holes have been drilled to their intended depths with a third to be completed shortly on high priority targets within the high-grade core of the Cardiac Creek deposit.Samples have been submitted for analysis from the first two holes with results expected in late summer to early fall. 2019 Exploration ProgramDrill Objectives:The 2019 exploration program has focused on the central high-grade core of the deposit targeting the initial five years of future mine production identified in the PEA. The program is designed to:Provide additional close-spaced drill intercepts to increase confidence in the current resource modelExtend the high-grade core of the deposit further to the southeastThe 2019 drilling program will also allow for the collection of key technical data including: The collection of geotechnical and geomechanical data to improve the understanding of the rock mass characteristics of the deposit and provide advanced engineering data for future underground mine designThe ongoing collection of structural data to assess ground support requirements and provide input data for stope dimensions Cardiac Creek DepositThe Company has completed the first two drill holes of the program and the third hole is nearing completion. The first two holes of the program were completed from the same drill setup targeting the southeastern side of the high-grade core with the intent of expanding this enriched area of the deposit. Drill Hole A-19-150 targeted the upper portion of the high-grade core along its southeastern edge. The Cardiac Creek zone was intersected at a downhole depth of 490.89 metres and continued in the zone until 537.14 metres representing a downhole thickness of approximately 46.25 metr...