Pasinex Resources Reports Best Intercept To-Date From Pinargozu

Pasinex Resources (CSE:PSE) reported drill results from its Pinargozu Mine in Adana, Turkey. Highlights include the intersection of 35.5m of 37.7% zinc, the Company’s best intercept to date. Pasinex reports that since February 2015, 8 diamond boreholes have been completed, for an aggregate of 709.5m of drilling.

As quoted in the press release:

The following conclusions are drawn from the results of this drilling:

(1) The 35.5m intersection in borehole PPS15_004 grading 37.7% zinc is situated 50m to the north east of the 15m interval grading 31.4% zinc in borehole PSS14_008 reported in our news release dated 19 February, 2015, and occurs at approximately the same elevation as the latter;

(2) Borehole PPS15_004 has therefore shifted the known extent of high-grade zinc mineralization at Pinargozu, which is accessible from existing workings, significantly to the north east;

(3) Continuity of mineralization between these two intersections is not yet clear, and will shortly be defined by drilling at a different angle from a different drill site;

(4) The 5m intersection in borehole PPS15_003 grading 53.1% zinc is situated exactly where mineralization was expected to occur.

The Pasinex team is actively integrating these drilling results into its geophysical and structural database for Pinargozu. Figure 3 below illustrates one rendition of these integration efforts, onto which have been plotted corridors (light yellow) along inferred mineralized structures, and circles around intersections of these – red for intersections known to produce mineable volumes of mineralization, and black for un-tested intersections constituting drill targets that will be tested in the future. A number of these intersections correspond with magnetic anomalies (plotted with small black squares).

Pasinex also announced today that diamond drilling started on its Akkaya Licence some five kilometers to the north of Pinargozu on the 14th of March. Approximately 14 boreholes for a total of 2000m are planned for this phase of drilling at Akkaya.

Pasinex Resources CEO, Steve Williams, said:

These latest drill results from our Pinargozu mine project are very encouraging. A number of the holes have intercepted mineralization and the hole with 35.5m of 37.7% Zn is our best intercept to date. We are encouraged that we continue to see mineralization in new areas that would indicate that our tonnage potential is increasing. Drilling is continuing on Pinargozu and we have commenced drilling of the neighbouring Akkaya property.

Click here to read the Pasinex Resources (CSE:PSE) press release
Click here to see the Pasinex Resources (CSE:PSE) profile.