Pasinex Hits Milestone with Sale of $1 Million in Zinc from Pinargozu

Pasinex Resources Ltd. (CSE:PSE,FWB:PNX) sold up to 5,000 tonnes of high-grade zinc mineralized material from its Pinargozu mine in Turkey for an expected value of over US $1 million.

As quoted in the press release:

The sale of the high-grade zinc material is made by the joint venture to Akmetal, who in turn sell the material, together with other zinc products, to third parties.

Pasinex Resources’ president and CEO, Steve Williams, said:

We have been mining now for nearly six months at our Pinargozu zinc mine and have produced about 5,000 tonnes of material grading about +30% Zn. The sale of our mined product is a significant step forward for the Company and it indicates the important potential presented to us by the Pinargozu project and the Horzum AS joint venture. I now look forward to moving ahead to our next important milestones which are to start to build a resource at Pinargozu and, in 2015, to further expand mine production there.

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