Pasinex Provides Company Update

TORONTO, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Pasinex Resources Limited (CNSX:PSE.CN) (FSE:PNX) (The “Company” or “Pasinex”) is pleased to provide a company update.

Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “2021 was a transitional year for Pasinex. We built on the initial work that began in 2020 by completing the first phase of the development of the Fourth Adit at the 541-metre level in the Pinargozu Mine of Horzum AS; by continuing our exploration success after encountering high-grade zinc sulphide product material earlier in the adit than expected and discovering high-grade zinc sphalerite in additional new areas; by fulfilling our obligations with respect to the tax restructurings entered into in December 2020; by improving our relationship with our joint venture partner; and by getting started on planning for an exploration program in Nevada. We look forward to a rewarding year in 2022 thanks to our efforts in 2020 and 2021. We thank our shareholders for standing by the Company through this transitional period.”