Mr. Steve Williams reports

PASINEX RESOURCES ANNOUNCE NEXT LOT SALE OF 1478 TONNES OF 38% ZINC MINERAL PRODUCT FROM PINARGOZU MINE

Horzum AS, a 50/50 joint venture company between Pasinex Resources Ltd. and Turkish mining house Akmetal AS, has completed another lot sale of 1,478 tonnes wet weight (1,402 t dry weight) of high-grade zinc mineral material (at approximately 38 per cent zinc (Zn)) from its Pinargozu zinc mine in Adana province, Turkey. This lot represents over 1.1 million pounds of contained zinc metal, and together with the previously announced lot sales from Pinargozu in August and October, now brings total production to 13,906 tonnes (wet weight) of zinc mineral material with about nine million pounds of contained zinc.

Steve Williams, president and chief executive officer of Pasinex, commented: "We are yet again proud to report on Pinargozu mine production. We continue to mine high-grade direct shipping zinc mineral product and sell it. Production is being stepped up and has recently been averaging around 40 tonnes per day, to as much as 60 tonnes per day. We have increased our mining areas from two to now three and have staffed up. This is an exciting time for our growth, as we build Pinargozu into a small but strong zinc mine. We're focusing our exploration efforts there and in the Akkaya area where we think there is much more zinc to be found."

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