Canada Zinc Metals Corp. changes name to ZincX Resources Corp.
FOR IMMEDIATE RELEASE
Contact: Investor Relations Monday, May 7, 2018
Phone (604) 684-2181 (No.2018-05-06)
Canada Zinc Metals Corp. changes name to ZincX Resources Corp.
Vancouver, British Columbia, Canada – Monday, May 7 , 2018 – ZincX Resources Corp. (“ZincX
Resources” or “the Company”, TSX Venture Exchange: ZNX) is pleased to announce that the Company
has changed its name from Canada Zinc Metals Corp. and will commence trading on the TSX Venture
Exchange under the new name and the new stock symbo l “ZNX” beginning Monday, May 7, 2018. The
Company’s website domain is now www.zincxresources.com .
ZincX Resources Corp.
www.zincxresources.com
ZincX Resources Corp. is a Canadian junior exploration company focused on advancing its premier Zn-
Pb-Ag Cardiac Creek deposit in northeastern British Columbia
The new corporate name is part of a rebranding init iative to highlight and distinguish the Company in the
expanding junior zinc space allowing it to stand ou t among its peer group. The Company will continue t o
focus on the advancement of its premier Cardiac Cre ek Zn-Pb-Ag deposit, located on the flagship Akie
property, to maximize shareholder value.
The name change does not affect the rights of the C ompany’s shareholders. No further action is required
by existing shareholders with respect to the name change, and certificates representing common shares of
Canada Zinc Metals Corp. will not need to be surren dered or exchanged unless a transfer is being
requested. The Company is not subdividing, consolid ating or otherwise altering its share capital in
association with the name change.
The Company’s new name, corporate logo and rebranding will provide a distinctive look for new strategi c
shareholders that recognize the significant value p roposition of the Company’s core assets, the flagsh ip
Akie Project, host to the Zn-Pb-Ag Cardiac Creek deposit, and the Kechika Regional Project.
The new corporate website has been modernized provi ding viewing capabilities across multiple platforms
and allows easy access to key information regarding the Company’s projects including corporate
management, investor information, news, project sum maries, drill results and other details. The site
provides an excellent medium to convey information and to communicate project details to investors. Th e
website reflects the Company’s new name and allows shareholders and potential investors to follow ZincX
Resources as it advances its core asset, the Zn-Pb- Ag Cardiac Creek deposit. Content on the site will
continue to be added and updated as information is generated by the Company’s ongoing work. The
Company invites all interested parties to visit the new site.
Plans for 2018:
The following are ZincX Resources’ plans for 2018:
• Complete re-branding and name change from Canada Z inc Metals Corp. to ZincX Resources
Corp., a name which better reflects the new corpora te identity and the development of its zinc
focused projects.
• Shares will commence trading on the TSX Venture Ex change under the new name as of market
open on Monday, May 7, 2018. The Company’s ticker symbol will change to TSX.V: ZNX.
• Launch the Company’s new website complete with a n ew logo and rebranded look.
• Complete the Preliminary Economic Assessment (PEA) for the Cardiac Creek deposit which is
underway and anticipated to be complete by the end of May, 2018.
• The Company plans to move forward on additional en gineering assessments and permitting toward
future mine development.
• Planning is well underway for a drill program on s elect targets on the Akie property which will
include some infill holes on the Cardiac Creek zone , and testing coincident geological targets on
targets outbound of the deposit, including the Sitk a showing situated on the eastern thrust panel
east of the Cardiac Creek deposit. The Sitka showi ng was discovered in 2013 consisting of a 6
metre thick vein or fault structure that is host to massive barite containing abundant coarse-grained
galena and sphalerite. A secondary parallel structu re is located 10 metres to the northeast and
measures approximately 3.0 metres wide. Channel sam ples from 2013 included assays ranging
from 1.9% to 5.1% Zn and Pb assays returned values up to 3.7%.
• The Company is considering commencing the planned underground drill definition program for the
Cardiac Creek deposit. The project is fully permitt ed and all final designs are complete. The
Company announced in December 2017 that the underground exploration permit was extended to
2020.
• In consultation with Teck Resources and their JV p artner, Korea Zinc, the Company will consider
plans and budget for follow-up exploration on the P ie Option properties located north of Akie and
adjacent to the Teck Resources/Korea Zinc jointly owned Cirque project.
The Akie Zn-Pb-Ag Project
The 100% 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 wor ld
for the occurrence of SEDEX 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 Cree k deposit. The deposit is hosted by siliceous,
carbonaceous, fine grained clastic rocks of the Middle to Late Devonian Gunsteel Formation.
With additional drilling completed in 2017, the Com pany has updated the estimate of mineral
resources at Cardiac Creek, as follows:
5% Zinc Cut-Off Grade Contained Metal:
Category Tonnes
(million) Zn (%) Pb (%) Ag (g/t) Zn (B lbs) Pb (B lbs) Ag (M oz)
Indicated 22.7 8.32 1.61 14.1 4.162 0.804 10.3
Inferred 7.5 7.04 1.24 12.0 1.169 0.205 2.9
In addition to the Akie Project, the Company owns 100% of eight of eleven large, contiguous property blocks
that comprise the Kechika Regional Project includin g the advanced Mt. Alcock prospect. The Kechika
Regional Project also includes the Pie, Yuen and Ci rque East properties within which the Company
maintains a significant 49% interest with partners Teck Resources Limited (TSX: TECK.B) and Korea Zinc
Co. Ltd. These properties collectively extend north west from the Akie property for approximately 140
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, British Columbia, Canada.
Ken MacDonald P.Geo., Vice President of Exploration for the Company, is the designated Qualified Person
as defined by National Instrument 43-101 and is res ponsible for the technical information contained in this
release.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
ZINCX RESOURCES CORP.
“PEEYUSH VARSHNEY”
PEEYUSH VARSHNEY, LL.B
CEO & CHAIRMAN