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Pasinex Resources Limited (CSE:PSE,FWB:PNX) announced drill results from the Pinargozu Mine in Adana, Turkey: a new volume of ore-grade zinc mineralization was intersected in 2 diamond boreholes.
Pinargozu Mine in Adana, Turkey, where Pasinex has a 50:50 joint venture with Turkish mining company Akmetal AS in the Horzum AS joint venture company.
Pasinex Resources Limited (CSE:PSE,FWB:PNX) announced drill results from the Pinargozu Mine in Adana, Turkey: a new volume of ore-grade zinc mineralization was intersected in 2 diamond boreholes.
As quoted in the press release:
The following conclusions are drawn from the results of this drilling:
(1) A new volume of ore-grade zinc mineralization has been intersected in two diamond boreholes approximately 20 metres to the east of existing mining operations(2) The new mineralization is open in all directions towards the surface and at depth, (towards the north and towards the south)
(3) Low core recoveries recorded in the ore-grade intervals are the result of either karstic cavities or friable material removed by drill-water – the latter of which can be of ore- or sub-ore grade
(4) It is not yet clear whether this mineralization volume is a splay off known mineralization, or part of a discrete ore panel
Pasinex Resources CEO, Steve Williams, said:
I am pleased to report the latest results from Pinargzou drilling where we have two holes with good zinc intercepts and, more importantly, in a new area of mineralization. There are, however, a number of holes we have drilled that have been unsuccessful. This reflects the complex structure of the mineralization and has led us to the understanding that this type of mineralization will require a lot of drilling. The grades and widths are very encouraging and will enable us to continue our mine development.
Click here to read the Pasinex Resources Limited (CSE:PSE,FWB:PNX) press release
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