ZincX Resources Corp. received the high-resolution LiDAR datasets from the 2022 airborne survey flown over the Akie and Mt. Alcock properties. Eagle Mapping Ltd. of Langley, British Columbia has successfully transferred the high-resolution datasets from the Mt. Alcock and Akie properties to the Company. These data include a high-resolution 0.5m Digital Elevation Model (DEM) and digital surface model (DSM), a bare earth point dataset, and a fully detailed
topographical dataset including contours. The Company is expecting delivery of the final report on the survey in the coming weeks. The Akie and Mt. Alcock properties remain high-priority exploration targets for the Company and the
datasets from this survey will be used extensively in future exploration programs to assist in a variety of exploration activities ranging from geological mapping and interpretation, exploration drill hole planning and targeting, to the proposed geophysical ground gravity surveys over the Cardiac Creek deposit on the Akie property; and the Zn-Pb-Ag rich barite showing present on the Mt. Alcock property located approximately 40 kilometres to the northwest of the Akie Property. The two properties were flown in grid pattern along a series of parallel lines while maintaining vertical and horizonal accuracies. The survey area of the Akie property consists of 97.6 km2 and the Mt. Alcock property
consists of 91.2 km2. The Company has previously engaged Eagle Mapping Ltd. on two other occasions; first in 2006 in order to collect a detailed set of orthophotos and provide detailed topographical data over the prospective areas of the Akie property to assist exploration efforts during the initial stages of drilling on the Cardiac Creek deposit; and again in 2011 to provide LiDAR coverage over a very narrow swath of the property that covered the proposed surface works including road construction to extend the Akie Mainline FSR, the waste rock dump, and the planned portal site. 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 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.