Mr. Peeyush Varshney reports

ZINCX RESOURCES IMPLEMENTS NEW OMNIBUS EQUITY INCENTIVE PLAN

Zincx Resources Corp.'s board of directors has approved a new omnibus equity incentive plan, which is intended to replace the company's current stock option plan last approved by shareholders at the annual general meeting held on Nov. 21, 2007.

The new plan is a "rolling up to 10 per cent and fixed up to 10 per cent" equity incentive plan, as such term is defined in the TSX Venture Exchange corporate finance manual (Policy 4.4, Security Based Compensation). The new plan allows the company to issue up to a maximum of 10 per cent of the issued and outstanding common shares of the company in stock options and up to an aggregate of 18,789,614 common shares issuable pursuant to performance share units, deferred share units, restricted share units and other share-based awards, which number represents a fixed maximum under the new plan, to directors, officers, employees and consultants of the company.

At the next annual general meeting of shareholders on July 14, 2026, the company will ask shareholders to ratify and confirm the adoption of the new plan, in accordance with exchange requirements. The exchange has conditionally approved the new plan; however, it remains subject to final approval.

The Akie zinc-lead-silver project

The 100-per-cent-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 world for the occurrence of sedex (sedimentary exhalative) zinc-lead-silver and stratiform barite deposits.

Since 2005, drilling on the Akie property by Zincx Resources has identified a significant body of baritic-zinc-lead sedex mineralization known as the Cardiac Creek deposit. The deposit is hosted by siliceous, carbonaceous, fine-grained clastic rocks of the Middle to Late Devonian Gunsteel formation.

Kechika regional project

In addition to the Akie project, the company owns 100 per cent of eight of 11 large, contiguous property blocks that comprise the Kechika regional project, including the advanced Mount Alcock prospect. The remaining three contiguous blocks (Pie, Yuen and Cirque East) are owned 49 per cent by Zincx Resources and 51 per cent by Cirque Operating Corp., which is a 50/50 joint venture between Teck Resources Ltd. and Korea Zinc Co. Ltd. Six additional blocks, which constitute the Kechika North project, have been optioned to an arm's-length third party. All of these properties collectively extend northwest 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. The Kechika trough represents tremendous potential for additional discoveries. These properties are located approximately 260 kilometres north-northwest of the town of Mackenzie, B.C., Canada.