Engineers Appointed for Hayes Creek Feasibility Study


PNX is pleased to announce the appointment of GR Engineering Services Limited as Study Manager for the Hayes Creek Definitive Feasibility Study.  GRES will be responsible for all process design and engineering aspects of the Project, and their appointment is another important milestone for the Project.

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Strong Zinc and Gold Targets Identified at Swan


Induced Polarisation (IP) geophysical survey completed at the Swan prospect (Moline Project) with excellent results: Near-surface zinc-lead target, and a deeper (75-100m) potential gold sulphide target identified Zinc-lead target located 250 metres from PNX drill hole MORC26 where 1m @ 4.66% zinc, 11.37g/t gold, 95.5g/t silver and 0.90% lead from 45m was intersected These two significant, high-priority new targets are planned to be drilled, commencing early December

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Appendix 3B


20 million unquoted options issued to a service provider as per terms of engagement

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Zinc Exploration Program Commenced – Hayes Creek and Regional Projects, NT


PNX has commenced a significant new phase of exploration at its Hayes Creek zinc-gold-silver project and its Moline Exploration Project in the Pine Creek region of the Northern Territory: Induced Polarisation geophysical surveys underway at Moline over 3 new large zinc targets (Waterhole, Mango, Swan) with drilling to follow 4,000m of drilling has commenced at Hayes Creek to support DFS and potentially extend mine life

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Refer to PNX’s company page at for Announcements prior to 1 July 2014.