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ZincX Resources Corp ( (TSE:ZNX) ) just unveiled an announcement.
ZincX Resources Corp. has extended the exercise date of the option on its Kechika North Project by one year to August 11, 2026. This project, comprising 103 mineral claims, is part of the company’s extensive land holdings in British Columbia. The extension allows the third-party optionee more time to acquire full ownership for $3 million, with a $100,000 payment already made. This move aligns with ZincX’s strategic focus on zinc as a critical mineral, amid increasing investments in the Canadian zinc sector, driven by its importance in the green economy.
More about ZincX Resources Corp
ZincX Resources Corp. is a Canadian exploration and development company focused on zinc, a critical mineral essential for energy transition and decarbonization. The company is well-positioned to address the global zinc production shortfall with its Cardiac Creek deposit at the Akie property, which is crucial for clean energy technologies such as solar and wind.
Average Trading Volume: 45,551
Technical Sentiment Signal: Sell
Current Market Cap: C$16.91M
For a thorough assessment of ZNX stock, go to TipRanks’ Stock Analysis page.