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Pasinex Begins Phase 1 Diamond Drilling at Pinargozu Project
May. 21, 2014 09:45AM PST
Base Metals Investing Pasinex Resources Ltd. (CSE:PSE) announced that it has begun Phase 1 diamond drilling at the Turkey-based Pinargozu zinc-lead project. Pasinex owns 50 percent of Pinargozu, while Akmetal Madencilik San ve Tic AŞ, its partner, owns the other half.
Pasinex Resources Ltd. (CSE:PSE) announced that it has begun Phase 1 diamond drilling at the Turkey-based Pinargozu zinc-lead project. Pasinex owns 50 percent of Pinargozu, while Akmetal Madencilik San ve Tic AŞ, its partner, owns the other half.
As quoted in the press release:
Drilling started on Borehole PPU14-006 on Saturday, 17 May. The borehole is one of 22 boreholes for which targets have been identified at Pinargozu – some from geological features of already-mined zinc oxide ore, and some from ground penetrating radar (GPR) surveys.
Borehole PPU14-006 is targeted on downward-continuation, in a mineralized structure, of ore mined from the 707 level of the old artisanal mine at Pinargozu.
Steve Williams, CEO of Pasinex, commented:
Pasinex has entered into another important stage of the company’s development with the beginning of drilling at Pinargozu. We look forward to the results from this drill campaign.
Click here to read the full Pasinex Resources Ltd. (CSE:PSE) press release.