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Pasinex Resources Ltd.

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Summary

Project:

Pinargozu

Deposit:Pinargozu
Location:Turkey
Commodities:Zinc
Date:7/7/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:7-7-2016: Pasinex Resources Ltd. announces an Exploration/Drilling Update report for its Pinargozu deposit at the Pinargozu project. JV with Akmetal AS - drilling results incl. 2.8m @ 37.6% Zn from 24.4m. TORONTO, ON – July 7, 2016 – Pasinex Resources Lim
Resources:x
CP/QP:[Overall Report]: John Barry (Internal)
ABSTRACT:TORONTO, ON – July 7, 2016 – Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (the “Company” or “Pasinex”) has received the next set of assay results from it’s 2015 drill campaign at its 50% - owned Pinargozu zinc mine. Assays are now available for a further 22 (PPU15-009 – PPU15-030) underground diamond drill holes completed between May and September 2015. The 22 drill holes averaged 66 metres in length for a total of 1,448 metres. Amongst the results are 2.8 metres grading 37% zinc as drilling extends the mineralized horizon deeper and to the east. The previous set of drill results (released on June 23rd) had extended the mining area towards the north. Steve Williams, CEO of Pasinex commented “We are very pleased to report that drilling is successfully following the mineralized horizon deeper and to the east of the mine workings. These carbonate replacement systems are connected so we expect to trace this mineralized horizon down and laterally to another thicker and richer part of the system.”

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