# ZincX Resources Provides Update on Metallurgical Test Work By Tongling

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f

Original source: https://money.tmx.com/en/quote/ZNX/news/4521933847897835/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling

Publisher: tmx

Original announcement: 2022-11-07T08:05:00.000Z

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: Metallurgy, Resource update

- Extracted: 2026-08-24 18:59:15 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

ZincX Resources provided an update on ongoing metallurgical test work being conducted by its strategic partner, Tongling, on drill core from the Cardiac Creek deposit. The testing includes waste disposal, flotation, and beneficiation studies to enhance recoveries and concentrate grades. The release also restates the 2018 mineral resource estimate and Preliminary Economic Assessment parameters.

Reasoning: The company is providing a progress update on metallurgical testing conducted by a strategic partner. While no new assay or recovery numbers are provided, the advancement of the testing program is a positive de-risking step for the project.

- Positive factor: strategic partnership with Tongling

- Positive factor: ongoing detailed metallurgical testing

- Positive factor: robust PEA results mentioned

- Negative factor: test work is still in initial phases

- Negative factor: results are not yet finalized

Facts used in scoring: 7

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document restates the 2018 mineral resource estimate for the Cardiac Creek deposit.

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

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Metallurgical Results (7)

### flotation

[Link to this fact](https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f#fact-metallurgical-facts-0)

zinc

#### Identity

- Commodity: zinc
- Ticker: ZNX

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: lead-zinc-silver flotation
- Sample: Cardiac Creek drill core samples \(2021 program\)

#### Lab

- Laboratory: Hunan Research Institute

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2022-11-07T00:00:00.000Z

Reasoning: Testing is underway to optimize recoveries and concentrate grades.

- Positive factor: conducted by strategic partner Tongling

- Negative factor: initial phase only

Evidence · text

> initial phase of the planned metallurgical test work is currently underway on the drill core

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f#fact-metallurgical-facts-1)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: ZNX

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2022-11-07T00:00:00.000Z

Reasoning: This is a restatement of the 2018 resource estimate.

- Negative factor: historical data

Evidence · table

> 8.32

Context: 22.7

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f#fact-metallurgical-facts-2)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Ticker: ZNX

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2022-11-07T00:00:00.000Z

Reasoning: This is a restatement of the 2018 resource estimate.

- Negative factor: historical data

Evidence · table

> 1.61

Context: 22.7

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f#fact-metallurgical-facts-3)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: ZNX

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2022-11-07T00:00:00.000Z

Reasoning: This is a restatement of the 2018 resource estimate.

- Negative factor: historical data

Evidence · table

> 14.1

Context: 22.7

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f#fact-metallurgical-facts-4)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: ZNX

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2022-11-07T00:00:00.000Z

Reasoning: This is a restatement of the 2018 resource estimate.

- Negative factor: historical data

Evidence · table

> 7.04

Context: 7.5

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f#fact-metallurgical-facts-5)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Ticker: ZNX

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2022-11-07T00:00:00.000Z

Reasoning: This is a restatement of the 2018 resource estimate.

- Negative factor: historical data

Evidence · table

> 1.24

Context: 7.5

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/zincx-resources-provides-update-on-metallurgical-test-work-by-tongling--e82f781d-c4e4-4a93-9aaa-95021c11680f#fact-metallurgical-facts-6)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: ZNX

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-01-01T00:00:00.000Z

#### Dates

- Event date: 2022-11-07T00:00:00.000Z

Reasoning: This is a restatement of the 2018 resource estimate.

- Negative factor: historical data

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.