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Pambili Natural Resources Corporation V.PNN

Alternate Symbol(s):  PNNEF

Pambili Natural Resources Corporation is a Canada-based natural resources exploration and development company. The Company is focused on activities in Zimbabwe, including exploration and evaluation of gold mining properties. Its projects include the Golden Valley Project, and Happy Valley Mine. The Golden Valley Project is a typical Orogenic-style gold deposit located in the Bulawayo Greenstone Belt. The Golden Valley project has a high-grade underground mining with gold production. The Golden Valley Project covers an area of 48 hectares. Its Happy Valley Mine is a producing gold mine. The mine is located 15 kilometers (km) from the city of Bulawayo, Zimbabwe. The Company’s operational activities are conducted in two geographic segments: Canada and Zimbabwe.


TSXV:PNN - Post by User

Post by AuChaseron Jul 27, 2022 3:17pm
139 Views
Post# 34854660

PNN selects drilling contractor

PNN selects drilling contractorPambili just sent this out--they expect to begin drilling in early August after selecting a drilling contractor based in Harare. See link at bottom of post.

CALGARY, Canada (July 27, 2022)—Drilling is expected to begin in early August at Zimbabwe’s Happy Valley Mine, after Pambili Natural Resources Corporation awarded its drilling contract to KW Blasting (PVT) Ltd.

After approaching three local drilling companies, and reviewing competitive bids, Pambili Natural Resources Corporation chose KW Blasting, a subsidiary of Drilling Resources Zimbabwe and a private company based in Harare.

“As a Zimbabwean I must be aware of my potential bias but, having managed mineral exploration projects in other parts of Africa, I really appreciate the benefits of operating in a country like Zimbabwe,” says Pambili’s Chief Executive Officer (CEO) Jon Harris.

“There are very few jurisdictions in the region where one is spoiled for choice in drilling contractors and world-class assay labs, not to mention geologists and other professionals,” he adds. “Despite the former negative publicity the country had once received, Zimbabwe really is the place to be right now—and Pambili has seized the opportunity to build on its initial investment in the Happy Valley Mine.”

https://www.pambilinrc.com/paydirt-blog/drilling-contractor-chosen-for-happy-valley-mine

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