Following weeks of planning and preparation, ZincX Resources Corp. (TSXV: ZNX) this week announced that it has finally commenced the 2021 summer drill program on its flagship Akie property in BC.
This 2,000-metre diamond drilling program will focus on the Cardiac Creek deposit - ZincX’s primary asset - and build on the positive and robust results from the 2018 preliminary economic assessment (PEA).
The United States is back in the fold of countries pledging to reduce greenhouse gas emissions, and that is helping to drive demand for an assemblage of metals that a global push to decarbonize and electrify is expected to require.
When looking for an investment, the approach I take involves looking at the global, big picture conditions. I study trends, read the news, basically watch and listen to what’s going on in the world. Then I study the different sectors to select the one (or ones) that I think is going to match up well with the overriding, long-term theme. This is top-down investing.
The second part of my search for the dominant investment is a bottom-up approach. This is where I find individual companies, in the specific sector I have chosen to invest in.
Unsurprisingly, many of the base metals, which are invaluable to many sectors of the global economy, are found within Canada’s critical minerals list. Among them is zinc, an essential ingredient used to build our roads, bridges, buildings, and cars.
The Akie property is an advanced exploration project with drill indicated resources owned by Vancouver’s ZincX Resources Corp. (TSXV: ZNX).