The Company is pleased to announce further positive gold results from the high-grade C6 gold prospect and that RC drilling commences to test fresh-rock below weathered gold-rich massive sulphide veins mapped in costeans.


The C6 prospect is part of PNX’s Burnside Northern Leases in the Pine Creek region of the NT, with the main high-grade zone located on its 100% owned EL31893, approximately 100 km south of Darwin and 35 km NNW of PNX’s Fountain Head gold development project.