Pasinex Resources Announces Lot Sale of 1,500 Tonnes of 35.9% Zinc Mineral Product

Pasinex Resources Limited (CSE:PSE,FSE:PNX) announced it has completed another lot-sale of 1,500 tonnes wet weight (1,400 tonnes dry weight) of high grade zinc mineral material (35.9% Zn) from its Pinargozu zinc mine in Turkey (50% attributable to Pasinex through the Horzum JV). This lot represents over 1,100,000 lbs of contained zinc metal and together with the previously announced lot sales from Pinargozu in November, now brings total annual production in 2015 to 15,406 tonnes (wet weight) of zinc mineral material with about 10,100,000 lbs of contained zinc.
Pasinex Resources President and CEO, Steve Williams, stated:

We continue to mine and sell high grade zinc mineral material from our Pinargozu mine in southern Turkey. The mine production is now stabilizing at approximately 60 tonnes per day. We therefore plan a monthly lot sale of around 1,500 tonnes which will increase cash flow and keep mine development and near-mine exploration moving forward. Pasinex continues to deliver on its targets even in these very challenging times for the mining industry. Consistent production from this small, but high-grade mine provides the perfect platform to advance our project. I am confident 2016 will be a good year for Pasinex and our shareholders.

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