Vancouver, BC / ACCESSWIRE / September 23, 2014 / Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") is pleased to announce the appointment of John Barry and Jonathan Challis to the board of directors.
John Barry is a specialist economic geologist in the field of zinc exploration and project development. Mr Barry holds a Master's Degree in Geology from Pennsylvania State University and a MBA from the Edinburgh School of Business, Heriot-Watt University, Scotland. Mr Barry was a co-founder and then CEO and President of zinc exploration and development company Rathdowney Resources Ltd (TSX-V). Mr Barry has worked in the exploration and mining industry since 1988 and has consulted to the industry as an associate of the CSA Group and Chlumsky Armbrust & Meyer on a wide range of major gold and base metal deposits throughout the world. Mr. Barry is a director of AIM-listed Sovereign Mines of Africa and was formerly a director of Heatherdale Resources and Chairman of Orogen Gold. Mr Barry has extensive experience as a Qualified Person in mineral exploration and is a member of a Technical Advisory Group to assist the United Nations Economic Commission for Europe (UNECE) Expert Group on Resource Classification (EGRC). Mr Barry is also a representative of the Institute of Geologists of Ireland (IGI) on the Pan-European Reserves and Resources Reporting Committee (PERC).
Mr. Challis has an honours degree in Mineral Exploitation from University College, Cardiff and an MBA degree from Cranfield University. Mr. Challlis is a mining engineer with over 30 years' experience in the operation, management, financing and analysis of mining projects around the world. He is a Director and Chairman of Rye Patch Gold Corp; as well as being a Director of West African Iron Ore, Quartet Resources Limited and Explor Resources Inc.
David Hodge and Paul Chow have resigned as Directors to make room for these appointments. The Board wishes to thank Mr. Hodge and Mr. Chow for their guidance and contributions to the Company from inception through the early development stage.
Steve Williams, CEO of Pasinex Resources welcomes John Barry and Jonathan Challis to the Board. "I am pleased to have John and Jonathan joining the Board. Both of these gentlemen have a wealth of relevant mining experience that they will bring to Pasinex and strengthen Pasinex for their insights and knowledge. John Barry knows the zinc world and zinc geology whilst Jonathan Challis knows junior exploration companies and financing these companies very well. I also want to acknowledge the strong contribution made by Dave Hodge and Paul Chow. Both these gentlemen helped Pasinex during the tough and formative first couple of years. Pasinex acknowledges their contribution and wishes them on-going success."
About Pasinex
Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) is a base and precious metal focused exploration company with priority given to building a strong portfolio of base metal exploration opportunities in Turkey. Pasinex's key projects are the Golcuk Copper-Silver Project located in Sivas, Turkey, and the Joint Venture, Horzum Zinc-Lead Project with Akmetal Group in Adana, Turkey. The company is led by an experienced team with many years of experience in both in the mining and mineral exploration industries around the world.
On Behalf of the Board of Directors
PASINEX RESOURCES LTD.
"Steve Williams"
Steve Williams
President/CEO
Phone: 705 292 8116
Email: [email protected]
The CNSX does not accept responsibility for the adequacy or accuracy of this news release.
This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements.
All statements within, other than statements of historical fact, are to be considered forward looking. Although Pasinex Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, including the on-going exploration activity, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, exploration results, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.
SOURCE: Pasinex Resources Ltd.