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Pasinex Resources Ltd.
Summary
| Project: | Spur | |
|---|---|---|
| Deposit: | Spur | |
| Location: | United States | |
| Commodities: | Zinc | |
| Date: | 9/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-9-2018: Pasinex Resources Ltd. announces an Exploration/Drilling Update report for its Spur deposit at the Spur project. Drilling results incl. 43.89m @ 14.2% Zn from 43.28m. TORONTO, ON – September 11, 2018 – Pasinex Resources Limited (CSE: PSE) (FSE: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Barry (Internal) | |
| ABSTRACT: | TORONTO, ON – September 11, 2018 – Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (“Pasinex” or the “Company”) is pleased to present assay results as a follow up to its news release dated August 8th on its exploration drilling program at the Spur Zinc Project in White Pine County, Nevada. The new discovery of black-shale hosted zinc sulphides radically changes the exploration potential for the project. Last month Pasinex announced completion of an initial drilling program of four inclined diamond drill holes at the Spur Zinc Project for a total of 2,291 feet (698 metres). The results of which are included in Table 1 below Pasinex CEO Mr. Steve Williams said “This is a very encouraging start to our drilling at the Spur Zinc Project. It was very unexpected and a big bonus to intersect zinc sulphides in black shales so close to surface. High grade zinc was discovered on the Spur Zinc Project almost 30 years ago. This new discovery of zinc sulphides in black shales completely opens up new exploration possibilities for a much larger zinc mineralizing system. This first small drilling program was very carefully planned and now we have a much better understanding of the geology, structure and nature of the mineralization for drilling going forward.” | |
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