Northwire Canada EditionTuesday, October 20, 2026
Northwire
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GOLD 4142.00 −0.4% SILVER 57.98 +1.2% COPPER 6.61 +0.5% OIL 97.96 −0.6% PALLADIUM 1103.25 −1.7% TORQ 0.055 +0.0% LMG 0.400 +0.0% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.170 +41.7% NXS 0.150 +0.0% ETG 2.71 −10.6% EMNT 0.350 +0.0% PPM 0.120 −20.0% CERT 2.34 −0.8% KNG 0.950 −2.1% RYR 0.190 +0.0% VCG 1.24 +20.4% NVX 1.11 −0.9% LIO 0.165 +0.0% KG 0.165 +3.1% GOLD 4142.00 −0.4% SILVER 57.98 +1.2% COPPER 6.61 +0.5% OIL 97.96 −0.6% PALLADIUM 1103.25 −1.7% TORQ 0.055 +0.0% LMG 0.400 +0.0% MMY 0.760 +0.0% MOX 0.205 +0.0% ADZ 0.170 +41.7% NXS 0.150 +0.0% ETG 2.71 −10.6% EMNT 0.350 +0.0% PPM 0.120 −20.0% CERT 2.34 −0.8% KNG 0.950 −2.1% RYR 0.190 +0.0% VCG 1.24 +20.4% NVX 1.11 −0.9% LIO 0.165 +0.0% KG 0.165 +3.1%
Production / Operations Routine +

ZincX Resources Receives Permit Approval for the Akie Property

Permit Renewal Keeps Exploration on Track

Executive Summary
  • ZincX Resources Corp. received a renewal of its surface drilling permit for the Akie property from the Ministry of Energy, Mines and Low Carbon Innovation.
  • The permit extension allows exploration activities to continue through December 31, 2028, representing a two-year extension from the previous expiry date.
  • The permit covers the 11,580-hectare Akie property, including the high-priority central thrust panel and the Cardiac Creek Zn-Pb-Ag deposit.
  • The news reiterates existing Mineral Resource Estimates (2018) and Preliminary Economic Assessment (PEA) highlights without introducing new technical data or resource upgrades.
  • Management quotes emphasize the project's status as a premier global zinc project in a top-tier jurisdiction but acknowledge the company remains undervalued compared to peers.
Material Impact
  • The news is classified as Routine - Positive because it represents standard administrative maintenance required to keep exploration activities legal and ongoing.
  • There is no material change to the fundamental valuation of the company; the PEA data cited remains from 2018, which is significantly outdated for current economic conditions (inflation, costs, metal prices).
  • The permit renewal prevents a potential halt in operations but does not signal an immediate step toward production or financing.
  • Given the lack of new drilling results or resource updates accompanying this news, the market impact is likely limited to sentiment rather than price re-rating.
  • Strategic investors (Teck Resources, Tongling Nonferrous) are mentioned as existing backers, but no new capital commitment is announced in this release.
ZNX · Price
Company Overview
  • Company Name: ZincX Resources Corp. (TSXV: ZNX, OTC: ZNCXF).
  • Flagship Project: Akie Property in Northeast British Columbia, hosting the Cardiac Creek deposit.
  • Project Status: Advanced development stage following a 2018 PEA; moving toward pre-feasibility/feasibility studies.
  • Deposit Type: SEDEX Zn-Pb-Ag deposit within the Kechika Trough belt.
  • Resource Estimates (2018): Indicated: 22.7 Mt @ 8.32% Zn, 1.61% Pb, 14.1 g/t Ag; Inferred: 7.5 Mt @ 7.04% Zn, 1.24% Pb, 12.0 g/t Ag.
  • PEA Economics: Pre-Tax NPV7% $649M CAD, IRR 35%, Initial CAPEX $302.3M CAD.
Read the original news release →

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