Sphinx and SOQUEM Announce Intersection of Extensive Near-Surface Zinc Mineralized Horizons in Drilling on the Calumet-Sud project

- February 6th, 2018

Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) and its partner SOQUEM are pleased to announce the completion of their second diamond drilling program. Eleven (11) holes have been drilled for a total of 426 m on the Calumet-Sud zinc project (the “Project”). As quoted in the press release: The visual observations show that: … Continued

Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) and its partner SOQUEM are pleased to announce the completion of their second diamond drilling program. Eleven (11) holes have been drilled for a total of 426 m on the Calumet-Sud zinc project (the “Project”).

As quoted in the press release:

The visual observations show that:

  • On the Sonny Zone, all eight (8) holes intersected a sub-horizontal zinc-bearing horizon that is continuous over 113 m with a width of 60 metres. It starts at surface and continues to a depth of 29 metres;

  • On the Sonny West Zone, the three (3) holes indicate that the horizon is sub-vertical. It was intersected over 50 metres; and

  • All of the drill holes confirm that mineralization is metamorphosed SEDEX-type (SEDimentary EXhalative, more than half of the world’s zinc and lead production is from mines producing from of this type of deposit).

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