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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 Oldschool2022on Jul 29, 2022 10:54pm
266 Views
Post# 34861758

Today’s news will take this gold producer to the next level!

Today’s news will take this gold producer to the next level!

 

Pambili hires KW Blasting for Happy Valley drilling

 

2022-07-29 12:42 ET - News Release

 

Mr. Jon Harris reports

PAMBILI APPOINTS DRILLING CONTRACTOR FOR HAPPY VALLEY MINE

Pambili Natural Resources Corp. has appointed a drilling contractor for phase 1 of its planned exploration program at the Happy Valley mine (HVM) in Zimbabwe.

After receiving competitive bids from three local drilling companies, the corporation selected KW Blasting, a division of Drilling Resources Zimbabwe Pvt. Ltd., to complete approximately 1,200 metres of reverse circulation drilling at HVM. Drilling is expected to begin in early August and samples from the campaign will be analyzed by Antech Laboratories in Kwekwe. Antech is Zimbabwe's leading ISO/IEC 17025 accredited commercial metallurgical assay laboratory servicing the mining and exploration industries in Zimbabwe, the SADC region and beyond.

Chief executive officer Jon Harris commented: "In terms of the earn-in signed with Techshed Investments, the owner of HVM, Pambili has committed to completing a limited exploration campaign to determine the extent and magnitude of the gold mineralization previously identified from previous surface exploration work. The appointment of a drilling contractor is the first stage in that campaign."

About Pambili Natural Resources Corp. 

Pambili Natural Resources is a natural resources exploration and development company currently active in Zimbabwe and in the province of Alberta. 

We seek Safe Harbor.

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