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Pasinex Resources Ltd.
Summary
| Project: | Pinargozu | |
|---|---|---|
| Deposit: | Pinargozu | |
| Location: | Turkey | |
| Commodities: | Zinc | |
| Date: | 6/23/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 23-6-2016: Pasinex Resources Ltd. announces an Exploration/Drilling Update report for its Pinargozu deposit at the Pinargozu project. JV with Akmetal AS - drilling results incl. 36.1m @ 24.9% Zn from 90.4m. TORONTO, ON – June 23, 2016 – Pasinex Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Barry (Internal) | |
| ABSTRACT: | TORONTO, ON – June 23, 2016 – Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (the “Company” or “Pasinex”) cuts 36 metres grading 25% zinc as drilling extends the mineralized zone to the north at its 50% - owned Pinargozu zinc mine. The Pinargozu zinc mine is in the Adana region of south-central Turkey. Steve Williams, CEO of Pasinex commented “We are very pleased to report these outstanding drill results. These assays continue to demonstrate the high grade nature of zinc mineralization at Pinargozu. We believe these results underscore our belief that the mineralization at Pinargozu will continue to support our “DSO Program” of direct shipping, without the need for concentrating, to global zinc processors. It may represent the distal parts of a major connected and zinc carbonate replacement type (CRD) system. We remain very optimistic of our ability to 2 add substantial tonnes to the DSO material, and anticipate more positive drill results in the coming weeks as we work through a backlog of un-assayed drill core. These are exciting times” said Steve Williams, CEO of Pasinex Resources. | |
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