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Pershimex Resources Corp.

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Summary

Project:

Courville

Deposit:Courville
Location:Canada
Commodities:Gold
Date:2/21/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-2-2018: Pershimex Resources Corp. announces an Exploration/Drilling Update report for its Courville deposit at the Courville project. Drilling results incl. 165.3m @ 0.41g/t Au from 85.65m. Rouyn‐Noranda, Québec, February 21, 2018: Pershimex Reso
Resources:x
CP/QP:[Overall Report]: Robert Gagnon (Internal)
ABSTRACT:Rouyn‐Noranda, Québec, February 21, 2018: Pershimex Resources Corporation (formerly Khalkos Exploration inc.) (« Pershimex » or the « Company ») (TSX VENTURE : PRO) is pleased to announce the first results of its 2017 drilling campagin on its Courville property. All holes with known results intersected mineralization comprising extensive, low‐grade zones associated with the Thibodeau intrusion as well as high‐grade internal‐zones (refer to table). The 2017 drilling campaign has doubled the mineralized zone, attaining a strike length over more than 800 m (refer to table). Results confirm the 2005 Pershimco Resources inc., geological model: low gold grades over extensive widths, also integrating higher grade zones. One of the significant intervals obtained during the 2017 campaign yields 0.41 g/t Au over 165.30m including 7.31 g/t Au over 2.80m. This significant mineralized interval of the known Rolartic showing is more than 300m southeast of the 14,000 tonne bulk sample realised in 2005 by Pershimco Resources inc., which recovered 790 ounces of gold from a pit having a maximum depth of 5m. This type of result confirms that the Rolartic showing sector is host to gold mineralization similar to that observed in the Malartic sector.

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