New Hayes Creek Drilling Program Underway

PNX Metals Limited is pleased to advise that it has commenced diamond drilling at the Iron Blow VMS deposit which along with the Mt Bonnie VMS deposit, and the Fountain Head gold prospect
collectively comprise the Hayes Creek zinc-gold-silver project  in the Pine Creek region of the
Northern Territory.

Two diamond drill holes are planned for approximately 500 metres at Iron Blow to provide;

• Representative samples of the eastern and western massive sulphide lodes to finalise Definitive Feasibility Study (DFS) level metallurgical flotation testwork for offtake and marketing purposes, and

• Additional geotechnical information and assay data relating to stope design and scheduling for the
proposed underground development

Drilling is expected to take up to three weeks with assays available thereafter once all technical information has been collected from the core.

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2019-03-20T10:50:07+00:00