PNX reports the completion of a 75 hole RC, aircore and diamond drilling program at the Hayes Creek zinc-gold-silver Project, designed to provide geotechnical, resource, hydrological, and metallurgical information to inform the engineering and environmental studies.

The program incorporated extensional drilling at Mt Bonnie, which intersected zinc mineralisation in at least 10 of the 14 exploration holes drilled with several containing zones of zinc (sphalerite) rich massive sulphide mineralisation located beneath the existing pit design and outside of the current resource boundary.   Assays are pending and will be reported in the New Year.