Silcom Systems a reporting issuer in British Columbia, is pleased to announce the execution of an Option Agreement between the Company, Pasinex Resources and Cypress Development. The Agreement provides Pasinex the right to acquire 100% of Silcom's right to earn-in on the Gunman Zinc Project under its March 23, 2017 Option Agreement with Cypress. In return for providing Pasinex with the right to aquire the Company's [...]
Editors Note: There is an image associated with this press release. Pasinex Resources Ltd. is pleased to announce that, through its wholly-owned subsidiary Pasinex Resources Nevada Limited, it has entered into an option agreement with Cypress Development Corp. and Silcom Systems Inc. to earn up to an 80% interest in the Gunman zinc project located in White Pine County, Nevada . In essence, Pasinex has acquired the option [...]
Pasinex Resources Ltd. today reported net income of $1.8M for the third quarter of 2017 compared to $0.4M in the third quarter of 2016. In addition, considering net income from the first half of 2017 of $1.3M, Q3 shows a marked improvement in profitability due to a continuing upward trend in production and sales from its 50%-owned Horzum AS Joint Venture company , in Turkey. In Q3 the Pinargozu Mine produced 15,760 tonnes [...]
Editors Note: There is an image associated with this press release. Pasinex Resources Ltd. is pleased to announce a maiden Mineral Resource estimate by CSA Global Ltd of 200,000 tonnes averaging 31% Zn for the Company's 50%-owned Pinargozu zinc mine in southern Turkey. This resource equates to 61,600 tonnes of contained zinc metal or approximately 135,700,000 lbs of zinc. Three quarters of the resource tonnage is oxide at [...]
Pasinex Resources Ltd. today provides an update on the progress on the preparation of an independent Mineral Resource Estimate for the high-grade Pinargozu zinc mine in Turkey. Pasinex also announces approval for the adoption of an advance notice by-law . President and CEO of Pasinex Resources, Mr. Steve Williams, commented: "We are now expecting to publish the results of the NI 43-101 resource estimate for Pinargozu in [...]
TORONTO, ONTARIO--(Marketwired - Aug 24, 2017) - Editor's note: There is one image associated with this press release. Pasinex Resources Ltd. (CSE:PSE)(CSE:PSE.CN)(CNSX:PSE)(FRANKFURT:PNX) (The "Company" or "Pasinex") today reported net income of $450,463 for the second quarter of 2017 due to the continuing strong results from its 50% owned Horzum AS Joint Venture company ("JV company"), in Turkey. All dollar amounts are [...]
TORONTO, ONTARIO--(Marketwired - Jul 19, 2017) - Pasinex Resources Ltd. (CSE:PSE)(CSE:PSE.CN)(CNSX:PSE)(FRANKFURT:PNX) (the "Company" or "Pasinex") is pleased to announce the appointment of Ms. Wendy Kaufman as Senior Vice-President Finance reporting to the CEO. Ms. Kaufman has just commenced her new role and will assume the role of Chief Financial Officer for the Company on September 1, 2017. Ms. Kaufman, a Chartered [...]
TORONTO, ONTARIO--(Marketwired - May 26, 2017) - Editor's note: There is one image associated with this press release. Pasinex Resources Ltd. (CSE:PSE)(CSE:PSE.CN)(CNSX:PSE)(FRANKFURT:PNX) (The "Company" or "Pasinex") is pleased to report a net income of $863,030 for the 1st Quarter 2017 as a result of a strong profit from its 50% owned Horzum AS Joint Venture company ("JV company"), in Turkey. All dollar amounts are [...]
TORONTO, ONTARIO--(Marketwired - May 1, 2017) - Pasinex Resources Ltd. (CSE:PSE)(FRANKFURT:PNX) (the "Company" or "Pasinex") have released their 2016 financial results and they reflect a first-time net income for the Canadian entity of $829,906 as a result of a strong profit from their 50%-owned Horzum AS Joint Venture company ("JV company"), in Turkey. All dollar amounts are Canadian unless otherwise indicated. The 2016 [...]
TORONTO, ONTARIO--(Marketwired - April 25, 2017) - Pasinex Resources Ltd. (CSE:PSE) (FRANKFURT:PNX) (the "Company" or "Pasinex") has intersected three metres of massive sulphide mineralization averaging 52% zinc about 150 metres south of the underground mine workings at its 50%-owned JV Pinargozu zinc mine in Turkey. Diamond drill hole PPS-17-009 was drilled from surface and intersected the zinc mineralization at a [...]
TORONTO, ONTARIO--(Marketwired - April 21, 2017) - Pasinex Resources Ltd. (CSE:PSE) (FRANKFURT:PNX) (the "Company" or "Pasinex") is delighted to announce the appointment of CSA Global to complete the first independent Mineral Resource estimate under CIM guidelines on the Pinargozu High-Grade Zinc Mine in southern Turkey. The Pinargozu Mine is a part of the 50/50 JV company, Horzum AS. This technical study will be [...]
TORONTO, ONTARIO--(Marketwired - Apr 20, 2017) - Pasinex Resources Ltd. (CSE:PSE) (FRANKFURT:PNX) (the "Company" or "Pasinex") announces the commencement of at least a 1,000 m drill program on the Golcuk property, "Golcuk South", Sivas province, Turkey. Previous work (news releases on July 11 and September 25, 2013) had indicated a significant surface anomaly of Cu mineralization. Channel sampling in 2013 had shown [...]
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