VANCOUVER, Sept. 7, 2012 /CNW/ - Pasinex Resources Ltd. (CNSX: PSE) (the
"Company" or "Pasinex") announces that it has expanded its land package
in Adana Province, Turkey which falls under the joint venture agreement
with the Turkish mining company, Akmetal AS (see news release dated
June 28, 2012). The land expansion is comprised of three properties,
Gokceviz, Kayrak-Kisacikli and Kayadibi, (the "Properties"), and the
acquisition of these claims was based on their potential to host base
and precious metals.
Gokceviz, Kayrak-Kisacikli and Kayadibi Properties
The Properties cover approximately 2,601 hectares and are located within
the Horzum area of Adana Province. With the new acquisitions, Pasinex
has a total of eight claims totaling approximately 8,650 hectares
within this area that are under a joint venture agreement with Akmetal
AS. The Properties were staked for their potential to host lead / zinc
mineralization and are all early-stage, exploration opportunities. An
initial field work program including soil sampling and geochemical
surveys is already underway on the collective group of properties.
The Company has sufficient capital to fund the acquisitions and initial
outlined work programs.
A map showing the location of the properties is available on the
company's website at: http://www.pasinex.com.
About Pasinex Resources Ltd.
Pasinex Resources Limited (CNSX: PSE) is a base and precious
metal-focused exploration company with a particular initial priority
given to building a strong portfolio of base metal opportunities in
Turkey. The company has a strong technical management team with many
years of experience in mineral exploration and mining project
Clinton Smyth, P.Geo and VP Exploration for Pasinex, is the qualified
person as defined by National Instrument 43-101 who has verified the
written disclosure of all scientific and technical information in this
On Behalf of the Board of Directors
PASINEX RESOURCES LTD.
The CNSX does not accept responsibility for the adequacy or accuracy of
this news release.
This news release includes forward-looking statements that are subject
to risks and uncertainties. Forward-looking statements involve known
and unknown risks, uncertainties, and other factors that could cause
the actual results of the Company to be materially different from the
historical results or from any future results expressed or implied by
such forward-looking statements.
All statements within, other than statements of historical fact, are to
be considered forward looking. Although Pasinex Resources Ltd. believes
the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially
from those in forward-looking statements. Factors that could cause
actual results to differ materially from those in forward-looking
statements include market prices, continued availability of capital and
financing, exploration results, and general economic, market or
business conditions. There can be no assurances that such statements
will prove accurate and, therefore, readers are advised to rely on
their own evaluation of such uncertainties. We do not assume any
obligation to update any forward-looking statements.
SOURCE: Pasinex Resources Ltd.
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