Announcements

Excellent Zinc/Precious Metals Results – Hayes Creek Iron Blow

2017-06-03T00:18:55+09:30

Excellent zinc, gold and silver assay results from the first diamond drill hole (IBDH039) from the 32 hole, 3500 metre infill and extensional drill program at Hayes Creek - Iron Blow: 16m @ 18.4% ZnEq (10.70% Zn, 4.80g/t Au, 256g/t Ag, 2.42% Pb, 0.37% Cu) from 138m, including; 11m @ 25.9% ZnEq (15.78% Zn, 6.32g/t Au, 343g/t Ag, 3.42% Pb, 0.55% Cu) from 139m

Excellent Zinc/Precious Metals Results – Hayes Creek Iron Blow2017-06-03T00:18:55+09:30
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Appendix 3B

2017-06-03T00:18:55+09:30

Placement shares issued to sophisticated investor, and shares issued to convertible note holders in lieu of interest payment

Appendix 3B2017-06-03T00:18:55+09:30
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Drilling Commenced at Moline Gold Targets

2017-06-03T00:19:04+09:30

PNX has commenced a 16 hole RC drill program at Moline, located less than 1.5km off the Kakadu Highway and approximately 65km to the east of the Hayes Creek Project.  The drill program will test new extensions to three known gold mineralised structures, and evaluate the base metals potential of the area

Drilling Commenced at Moline Gold Targets2017-06-03T00:19:04+09:30
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Discovery of South Extension to Mt Bonnie

2017-06-03T00:19:04+09:30

New near-surface southerly extension to mineralisation discovered at Mt Bonnie, extending approximately 100 metres beyond the limit of previous drilling and open to the south and at depth.  Additional drilling now planned to increase geological confidence in this area, with an updated mineral resource estimate due by end of 2016      

Discovery of South Extension to Mt Bonnie2017-06-03T00:19:04+09:30
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High-Grade Gold-Silver-Zinc Results Continue at Mt Bonnie

2017-06-03T00:19:04+09:30

Assay results from a further 9 of 27 reverse circulation (RC) and diamond holes at Mt Bonnie, including 29m @ 1.02g/t Au, 187g/t Ag, 5.26% Zn, 1.44% Pb, 0.29% Cu from 75m in MBRC048, including 8m @ 1.25g/t Au, 388g/t Ag, 10.01% Zn, 2.73% Pb, 0.51% Cu from 87m) 7m @ 3.08g/t Au, 446g/t Ag, 10.93% Zn, 3.19% Pb, 0.50% Cu from 72m in MBRC063    

High-Grade Gold-Silver-Zinc Results Continue at Mt Bonnie2017-06-03T00:19:04+09:30
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Drilling to Commence at Barossa VMS Targets

2017-06-03T00:19:04+09:30

PNX has commenced drilling activities at Barossa (Burnside Project, less than 20km to the north-west of the Hayes Creek gold-silver-zinc project)  where two initial diamond drill holes for a total of 235 metres are proposed to test the highest-priority electromagnetic responses among nine VTEM anomalies at the prospect    

Drilling to Commence at Barossa VMS Targets2017-06-03T00:19:04+09:30
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Excellent High-Grade Gold-Silver-Zinc results at Mt Bonnie

2017-06-03T00:19:04+09:30

PNX has received assays from 4 of 27 RC and diamond holes drilled as part of an infill and extensional drill program at Mt Bonnie.  Near-surface sulphide mineralisation has been intercepted directly below the historical open pit as predicted by the geological model and overall, metal grades and widths of mineralisation are excellent

Excellent High-Grade Gold-Silver-Zinc results at Mt Bonnie2017-06-03T00:19:04+09:30
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Refer to PNX’s company page at www.asx.com.au for Announcements prior to 1 July 2014.