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Sphinx Resources Ltd.

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Summary

Project:

Calumet-Sud

Deposit:Calumet-Sud
Location:Canada
Commodities:Zinc
Date:2/27/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-2-2019: Sphinx Resources Ltd. announces an Exploration/Drilling Update report for its Calumet-Sud deposit at the Calumet-Sud project. Drilling results incl. 10.0m @ 2.18% Zn from 41.0m. Montréal, February 27, 2019 - Sphinx Resources Ltd. (“Sphinx” or t
Resources:x
CP/QP:[Overall Report]: Normand Champigny, Michel Gauthier (Internal)
ABSTRACT:Montréal, February 27, 2019 - Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX-V: SFX) and its partner SOQUEM are pleased to announce the analytical results of the first three drill holes, out of a total of 29 holes drilled in January along the 1,500 m- long zinciferous zone recognized in the fall of 2018 (see press release of 15 November 2018). The drilling results reveal two (2) zinciferous horizons located near the surface whereas the surface work revealed only one in the fall. Tight folds observed in this drilling explain this repetition of the layers and the thickening of these compared to the field observations of the fall of 2018 and observations in the drill holes of the Sonny deposit (see the press release of March 20, 2018). The significant drill results for these three (3) holes are presented in Table 1 below; including Figure 1 and information on quality assurance and quality control. The true thickness is estimated at 100% of the mineralized intersection length in all drill holes. The analytical results of the 26 other drill holes performed in January 2019 are expected in the coming weeks.

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