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Sphinx Resources Ltd V.SFX.H

Sphinx Resources Ltd is a Canada-based mineral exploration company. The Company is focused on its activities in Quebec in search of deposits of precious metals, including gold, silver, palladium and platinum, and base metals, including copper, zinc and lead. The Calumet-Sud project consists of 21 claims totaling approximately 12.1 square kilometers (km2). It is located in the manicouagan regional county (MRC) Pontiac of southwestern Quebec. The GP project includes 74 claims, which occupy an area of approximately 41 km2 and is located in the MRC Pontiac in southwestern Quebec. The Calumet-Nord project consists of 42 claims an area of approximately 24.5 km2 and is immediately adjacent to the north and east of the former New Calumet mine. The Patrie project is composed of 34 mining titles covering an area of approximately 19.90 km2. The Soufflot project consists of 35 mining titles covering an area of approximately 19.95 km2.


TSXV:SFX.H - Post by User

Bullboard Posts
Post by Barlowon Jan 13, 2018 10:15pm
107 Views
Post# 27351918

Widespread zinc

Widespread zincResults so far clearly show horizontal layering at multiple levels of zinc mineralization over a very large area. In the wings the properties host encouraging grades of Palladian which is performing well in the market.  Couple all of that Sphinx is consolidating a huge gold play in the James Bay area.

The company knows zinc mining from it's recent history with Donner  And they have the connections to raise all needed capital.  Their partner Soquem has other zinc interests I think and are staying the course here indicating confidence in this property.

The current drilling will likely confirm near surface consistency in structure and mineralization.  I believe the company has plans for at least two more years of exploration and development on their books. 

Mines are made more than found.  Management is geared up for production in this regard.

Barlow  
Bullboard Posts