Zincx Resources appoints Chen as director

Mr. Peeyush Varshney reports ZINCX RESOURCES APPOINTS TONGLING NONFERROUS METALS GROUP HOLDING CO. LTD. REPRESENTATIVE TO BOARD OF DIRECTORS Further to Zincx Resources Corp.'s news release dated July 21, 2025, Bangguo Chen, assistant general manager of Tongling Nonferrous Metals Group Holdings Co. Ltd., has been appointed to the board of directors. He will sit as an independent director. Mr. Chen replaces Xinfu Hu, who has resigned as a director of Zincx and has retired from his position at Tongling. Mr. Chen is currently assistant general manager of Tongling and is a senior geological engineer with over 33 years of experience in the mining sector, especially in the Dongguashan copper mine and Shaxi copper mine located in Anhui, China. He obtained a bachelor of geology from the Kunming University of Science and Technology in 1992. Mr. Chen is in charge of acquisitions and exploitation of mineral resources both in domestic China and abroad. 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 and refining, and products processing of copper, lead, zinc, gold, silver, and other non-ferrous and rare metals. Peeyush Varshney, chief executive officer of the company, stated: "We welcome Chen Bangguo to our board and greatly value his wealth of exploration and production experience across multiple facets in the base metal mining sector. This 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. Chen Bangguo and his technical team are thoroughly familiar with the progress to date on the Akie property 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 Chen Bangguo and Tongling." The appointment is subject to the necessary approvals of the relevant Chinese regulatory departments and the TSX Venture Exchange. The Akie zinc-lead-silver project The 100-per-cent-owned Akie property is situated within the Kechika trough, the southernmost area of the regionally extensive Paleozoic Selwyn basin and one of the most prolific sedimentary basins in the world for the occurrence of sedex (sedimentary exhalative) zinc-lead-silver and stratiform barite deposits. Drilling on the Akie property by Zincx Resources since 2005 has identified a significant body of baritic-zinc-lead sedex mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine-grained clastic rocks of the Middle to Late Devonian Gunsteel formation. The company updated the estimate of mineral resources at Cardiac Creek in 2018, as follows. The company announced robust positive results from the 2018 preliminary economic assessment (PEA). The PEA envisages a conventional underground mine and concentrator operation with an average production rate of 4,000 tonnes per day. The mine will have an 18-year life with potential to extend the life of mine (LOM) through resource expansion at depth. Key parameters for the PEA are as follows. The PEA is considered preliminary in nature and includes mineral resources, including inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Mineral resources that are not mineral reserves have not yet demonstrated economic viability. Due to the uncertainty that may be attached to mineral resources, it cannot be assumed that all or any part of a mineral resource will be upgraded to mineral reserves. Therefore, there is no certainty that the results concluded in the PEA will be realized. Kechika regional project In addition to the Akie project, the company maintains 100-per-cent ownership of large contiguous block of the southern Kechika trough, including the advanced Mount Alcock prospect. The Kechika regional project also includes the Pie, Yuen and Cirque East properties, which the company maintains a significant 49-per-cent interest with partners Teck Resources Ltd. and Korea Zinc Co. Ltd. holding 51 per cent. These properties collectively extend northwest from the Akie property for approximately 85 kilometres covering the highly prospective Gunsteel formation shale, the main host rock for known sedex zinc-lead-silver deposits in the Kechika trough of northeastern British Columbia. These projects are located approximately 260 kilometres north-northwest of the town of Mackenzie, B.C., Canada.