# Update on Activities at Akie and the Kechika Trough

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/update-on-activities-at-akie-and-the-kechika-trough--70d93c4f-5846-4e22-a927-4e3d1ad3a677

Original source: https://money.tmx.com/en/quote/ZNX/news/8539893455810217/update-on-activities-at-akie-and-the-kechika-trough

Publisher: tmx

Original announcement: 2023-09-29T07:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: ZincX Resources Corp.

- Ticker: ZNX

- Exchange: TSX

- Region: British Columbia

- Primary commodity: Zinc

- Secondary commodities: Lead, Silver

- Document categories: Resource update, Other

- Extracted: 2026-08-24 18:55:19 UTC

Narrative sentiment: -0.10 · Bearish

## Minestarters Atlas summary

ZincX Resources provided an update on its Akie and Kechika Trough activities, including infrastructure maintenance and community engagement. The release restates the 2018 mineral resource estimate and Preliminary Economic Assessment \(PEA\) results for the Cardiac Creek deposit.

Reasoning: The document is a general corporate update that restates a 2018 resource estimate and PEA results, providing no new geological or metallurgical data.

- Positive factor: High-grade zinc resource

- Positive factor: Strong economic indicators in PEA

- Negative factor: Stale data re-release

- Negative factor: Resource is historical \(2018\)

Facts used in scoring: 6

## Classification and evidence

**Stale Data Re-release**

Polarity: negative

Story-specific tag

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The resource estimate and PEA results are from 2018 and are being restated in a 2023 update.

Evidence · text

> The Company updated the estimate of mineral resources at Cardiac Creek in 2018

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A significant portion of the reported resource is in the Inferred category.

Evidence · table

> 7.5

Context: Inferred

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Ken MacDonald and Mike Makarenko are named as the designated Qualified Persons.

Evidence · text

> Ken MacDonald P.Geo., Vice President of Exploration for the Company, is the designated Qualified Person

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Resource Estimates (6)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/update-on-activities-at-akie-and-the-kechika-trough--70d93c4f-5846-4e22-a927-4e3d1ad3a677#fact-resource-facts-0)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: ZNX

#### Resource Data

- Category: indicated
- Tonnes: 22700000
- Grade: 8.32
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-08-02T00:00:00.000Z

#### Dates

- Event date: 2023-09-29T00:00:00.000Z

Reasoning: High-grade indicated zinc resource, but data is from 2018.

- Positive factor: Strong grade

- Negative factor: Stale data

Evidence · table

> 8.32

Context: 22.7

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/update-on-activities-at-akie-and-the-kechika-trough--70d93c4f-5846-4e22-a927-4e3d1ad3a677#fact-resource-facts-1)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Ticker: ZNX

#### Resource Data

- Category: indicated
- Tonnes: 22700000
- Grade: 1.61
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-08-02T00:00:00.000Z

#### Dates

- Event date: 2023-09-29T00:00:00.000Z

Reasoning: Indicated lead grade from 2018 resource estimate.

- Negative factor: Stale data

Evidence · table

> 1.61

Context: 22.7

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/update-on-activities-at-akie-and-the-kechika-trough--70d93c4f-5846-4e22-a927-4e3d1ad3a677#fact-resource-facts-2)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: ZNX

#### Resource Data

- Category: indicated
- Tonnes: 22700000
- Grade: 14.1
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-08-02T00:00:00.000Z

#### Dates

- Event date: 2023-09-29T00:00:00.000Z

Reasoning: Indicated silver grade from 2018 resource estimate.

- Negative factor: Stale data

Evidence · table

> 14.1

Context: 22.7

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/update-on-activities-at-akie-and-the-kechika-trough--70d93c4f-5846-4e22-a927-4e3d1ad3a677#fact-resource-facts-3)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: ZNX

#### Resource Data

- Category: inferred
- Tonnes: 7500000
- Grade: 7.04
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-08-02T00:00:00.000Z

#### Dates

- Event date: 2023-09-29T00:00:00.000Z

Reasoning: Inferred zinc resource from 2018 estimate.

- Negative factor: Stale data

- Negative factor: Inferred category

Evidence · table

> 7.04

Context: 7.5

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/update-on-activities-at-akie-and-the-kechika-trough--70d93c4f-5846-4e22-a927-4e3d1ad3a677#fact-resource-facts-4)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Ticker: ZNX

#### Resource Data

- Category: inferred
- Tonnes: 7500000
- Grade: 1.24
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-08-02T00:00:00.000Z

#### Dates

- Event date: 2023-09-29T00:00:00.000Z

Reasoning: Inferred lead grade from 2018 resource estimate.

- Negative factor: Stale data

- Negative factor: Inferred category

Evidence · table

> 1.24

Context: 7.5

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/update-on-activities-at-akie-and-the-kechika-trough--70d93c4f-5846-4e22-a927-4e3d1ad3a677#fact-resource-facts-5)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: ZNX

#### Resource Data

- Category: inferred
- Tonnes: 7500000
- Grade: 12
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-08-02T00:00:00.000Z

#### Dates

- Event date: 2023-09-29T00:00:00.000Z

Reasoning: Inferred silver grade from 2018 resource estimate.

- Negative factor: Stale data

- Negative factor: Inferred category

Evidence · table

> 12.0

Context: 7.5

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.