Zinc

CSE:PSE

Pasinex Resources Limited (CSE:PSE,FSE:PNX) announced it has cut 36 metres grading 25% zinc as drilling extends the mineralized zone to the north at its 50% – owned Pinargozu zinc mine.

Pasinex Resources Limited (CSE:PSE,FSE:PNX) announced it has cut 36 metres grading 25% zinc as drilling extends the mineralized zone to the north at its 50% – owned Pinargozu zinc mine. The Pinargozu zinc mine is in the Adana region of south-central Turkey.
As quoted in the press release:

Assays are now available for 39 (PPS15-014 – PPS15-052) surface diamond drill holes for a total of 5,450 metres drilled during the second half of 2015 – a full table of assays from this drilling is available by following this link:http://bit.ly/28MN5uj. A map (Figure 5) of all drill holes covered in this release is available by following this link:http://bit.ly/28MTqp0. Drilling indicates an extension to the north of the main mineralized zone – see Figures 3 & 4 by following these links: http://bit.ly/28MT8hV (Figure 3) & http://bit.ly/28Ps32X (Figure 4). A total of 17 drill holes did not intersect any significant mineralization and constrains the mineralized envelope. There is a sharp cut-off between high grade mineralization and barren host carbonate rock. At this stage the mineralizing system is almost exclusively zinc with minor amounts of lead and locally high grade of silver. Topography around the mine is rugged. Drilling was from three separate locations with fan drilling both laterally and vertically to provide coverage.

Pasinex Resources CEO, Steve Williams, stated:

We are very pleased to report these outstanding drill results. These assays continue to demonstrate the high grade nature of zinc mineralization at Pinargozu. We believe these results underscore our belief that the mineralization at Pinargozu will continue to support our “DSO Program” of direct shipping, without the need for concentrating, to global zinc processors. It may represent the distal parts of a major connected and zinc carbonate replacement type (CRD) system. We remain very optimistic of our ability to add substantial tonnes to the DSO material, and anticipate more positive drill results in the coming weeks as we work through a backlog of un-assayed drill core. These are exciting times.

Connect with Pasinex Resources Limited (CSE:PSE,FSE:PNX) to receive an Investor Presentation.
 

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