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Pershimex Resources Corp.

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Summary

Project:

Courville

Deposit:Courville
Location:Canada
Commodities:Gold
Date:3/20/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-3-2018: Pershimex Resources Corp. announces an Exploration/Drilling Update report for its Courville deposit at the Courville project. Drilling results incl. 151.95m @ 0.2g/t Au from 43.60m. Rouyn-Noranda, Québec, March 20th, 2018 : Pershimex Resources
Resources:x
CP/QP:[Overall Report]: Robert Gagnon (Internal)
ABSTRACT:Rouyn-Noranda, Québec, March 20th, 2018 : Pershimex Resources Corporation (formerly Khalkos Exploration inc.) (« Pershimex » or the « Company ») (TSX VENTURE: PRO) is pleased to announce the second round results of its 2017 drill campaign on the Courville property. All holes intersected the expected gold mineralization with positive grades and thicknesses similar to historical drill datas. The 2017 campaign, of approximately 5,000 m, has extended the mineralized zone to nearly 900 m long and to a depth of more than 150 m. The gold mineralization is manifested as pyrite veinlets intersecting an altered porphyritic intrusive. Drilling intersected continuous gold values averaging more than 100 m in thickness (see Table 1). As a result of drilling, the footprint of the Rolartic deposit was extended by more than 400 m (see Figure 1). Robert Gagnon, President and Chief Executive Officer stated: « This first campaign on the recently acquired Courville project by Pershimex highlights the development potential of the Rolartic deposit. With only 5,000 m of drilling, the Pershimex technical team has managed to significantly increase the size of the deposit. We are very encouraged by these first results which confirm the importance of continuing development of the Courville project. »

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