LONDON, ENGLAND / ACCESSWWIRE / June25, 2014 / Most high-grade deposits near surface have been discovered already – thanks to the great technological advances since the 1970s. If an explorer finds such a deposit today nonetheless, then it‘s immediately the stuff of dreams for investors, especially if the future of the company just began.
We have been following such a candidate, that is in the process of discovering a high-grade deposit right at surface, since months already and have mentioned the company several times. Last week Thursday (June 19), Pasinex Resources Ltd. reported the first assays from the ongoing phase-1 drill program on its Pinargozu joint venture project in the Turkish providence of Adana.
The results have exceeded our expectations and are among the best assays we have ever followed:
39% zinc, 1.6% lead and 85 g/t silver over 17 m – just a few meters away from an existing adit.
Today, worldwide zinc mines operate with grades between 3-12% zinc, and everything that goes beyond that is classified as very high-grade. However, one does not hear "high-grade" very often in the zinc market today, because not many pure zinc stocks exist anymore that have potential for that kind of stuff.
The full research report on Pasinex, Akmetal and the zinc market can be downloaded as a PDF via the following links:
Please read the disclaimer within the above mentioned PDF.
SOURCE: ROCKSTONE RESEARCH LTD.