Vancouver, British Columbia--(Newsfile Corp. - June 19, 2014) - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) is pleased to announce the results of the first four diamond drill holes from its 50% owned Pinargozu zinc-lead project in Adana Province, Turkey. Pinargozu is also 50% owned by Pasinex's partner in Adana, Akmetal Madencilik San ve Tic A.Ş. Highlight of this first phase of drilling is borehole PPU14-15 which [...]
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2014) - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") announces that it has entered into a debt settlement agreement dated May 30, 2014 (the "Debt Settlement Agreement") with Zimtu Capital Corp. ("Zimtu") a company that provides management and administrative services, pursuant to which the Company settled $287,771.85 of debt owed to Zimtu [...]
Vancouver, British Columbia--(Newsfile Corp. - May 21, 2014) - Pasinex Resources Limited (CSE: PSE) (FSE: PNX) is pleased to announce the start of Phase 1 diamond drilling on its 50% owned Pinargozu zinc-lead project in Adana Province, Turkey. Pinargozu is also 50% owned by Pasinex's partner in Adana, Akmetal Madencilik San ve Tic A.Ş. Drilling started on Borehole PPU14-006 on Saturday, 17 May. The borehole is one of 22 [...]
Toronto, Ontario--(Newsfile Corp. - April 22, 2014) - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) is pleased to announce the receipt of drill permits for its Pinargozu and Akkaya zinc-lead targets in Adana Province, Turkey. Both projects are 50% owned by Pasinex, and 50% owned by Pasinex's partner Adana, Akmetal Madencilik San ve Tic A.S. Pinargozu is a small, historic, marble-hosted, zinc-oxide mine and Akkaya is a [...]
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2014) - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") is pleased to announce that, the Company began comprehensive Ground Penetrating Radar ("GPR") surveying over the Pinargozu Property on the 3rd of April. Further, GPR surveying over the Akkaya Property is scheduled to begin on the 8th of April, after which time the GPR survey equipment [...]
VANCOUVER, March 17, 2014 /CNW/ - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") is pleased to announce that the Company's board of directors has granted a total of 1,600,000 incentive stock options at an exercise price of $0.10 per share exercisable for a five-year period from the date of grant. Of the 1,600,000 options 1,200,000 have been issued to Directors and Officers of the Company [...]
Pasinex is pleased to announce that the Company has successfully completed the ground penetrating radar tests announced on February 13, 2014, over its Pinargozu and Akkaya zinc-lead properties in the Adana Province, southern Turkey. Using an UltraGPR antenna, penetration depths from surface of 80 meters were achieved in the carbonate rocks on both properties. Radar reflection signatures indicative of geological features [...]
Pasinex is pleased to announce that the Company will conduct ground penetrating radar testing over its Pinargozu and Akkaya zinc-lead properties in the Adana Province, southern Turkey, starting 22 February, 2014. Pinargozu and Akkaya are owned 50% by Pasinex through Horzum AS, its joint venture company with Turkish mining company, Akmetal AS. Limestone-hosted zinc-lead mineralization in the Pinargozu-Akkaya area occurs [...]
Ontario Inc. announces that on December 11, 2013 the Company acquired from Pasinex ownership of 3,000,000 common shares of the Issuer and 1,500,000 warrants to acquire common shares of the Issuer at a price of $0.10 per share expiring December 11, 2016 pursuant to a non-brokered private placement by the Issuer, representing 5.02% of the Issuer's outstanding common shares and 78% of the Warrants. The Company acquired [...]
Pasinex is pleased to announce a non-brokered private placement of up to 3,571,429 units at a subscription price of $0.07 per Unit to eligible subscribers for gross proceeds of up to $250,000. Each Unit will consist of one common share and one half of a share purchase warrant. Each whole Warrant will be exercisable into one additional common share of the Company at $0.12 per Warrant Share for a period of three years from [...]
Pasinex is pleased to announce that is has received the bulk of the results of the ground magnetics survey in progress over its Golcuk licence in the province of Sivas in Turkey. The results show considerable variability in the magnetic signatures of the rock units constituting the massive volcanic and volcaniclastic rocks within which the multiple centers of copper mineralization at Golcuk occur, and a much lower degree [...]
Pasinex is pleased to announce the closing of a non-brokered private placement of 3,869,231 units at a subscription price of $0.065 per Unit to eligible subscribers for gross proceeds of $251,500. Each Unit will consist of one common share and one-half of a share purchase warrant. Each whole Warrant will be exercisable into one additional common share of the Company at $0.10 per Warrant Share for a period of three years [...]