Vancouver, British Columbia--(Newsfile Corp. - 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: info@pasinex.com
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.
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