https://www.miningweekly.com

Ross Beaty invests in ZincX

7th July 2023

By: Creamer Media Reporter

     

Font size: - +

Exploration company ZincX Resources on Thursday announced that it had closed a private placement of ten-million shares with mining entrepreneur Ross Beaty, raising gross proceeds of C$1-million.

“We are pleased to welcome well-known mining entrepreneur Ross Beaty as a new significant shareholder of the company,” comments ZincX CEO Peeyush Varshney.

The company plans to use the proceeds from the private placement to continue to advance the Akie and Kechika regional projects, in British Columbia.

ZincX in 2018 completed a positive preliminary economic assessment for the Akie project. The study envisages a conventional underground mine and concentrator operation with an average production rate of 4 000 t/d. The mine will have an 18-year life with potential to extend the life-of-mine through resource expansion at depth.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
SafeQuip
SafeQuip

SafeQuip is a leading distributor and manufacturer of fire safety solutions, offering a comprehensive range of products designed to meet all...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.049 0.583s - 128pq - 2rq
Subscribe Now