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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (188300)6/12/2025 2:05:37 PM
From: LoneClone  Read Replies (1) of 192358
 
Pambili provides update on development of the East Adit cross-cut at GVM

thenewswire.com

CALGARY, Canada (June 11, 2025) – TheNewswire - Pambili Natural Resources Corporation (“Pambili” or the “Company”) (TSX-V:PNN) provides an update on the development of the cross-cut at the East Adit on its Golden Valley A1 mining claim (“GVM”), previously announced on May 29, 2025.

The cross-cut has progressed some 6.5 metres and the geology is consistent with that identified in the core from diamond drill hole EADD001. This indicated a target zone of some 7m @ 2 grams per tonne (g/t) including 2m @ 3.86 g/t, (news release dated Jan. 14, 2025).

The material extracted to date is highly mineralized (dominate pyrite and subordinate chalcopyrite) and contains quartz veins injected with fractured chert.


Click Image To View Full Size

Figure 1: Fractured chert with veins and disseminations of pyrite and chalcopyrite.

Assays of routine face sludge drilling samples (by a non-accredited laboratory) returned low-grade gold mineralization peaking in the most recent hole at 0.51 g/t.

Once the target zone has been intersected, the technical team will channel sample the side walls of the entire cross-cut to gain a better understsanding of the mineralization encountered to date.

In the meantime, and despite the low grades, all the development material is being processed through the on site stamp mill.

Jon Harris, Chief Executive Officer of Pambili Natural Resources, commented:

“We are encouraged by the fact that the development seems to match the geology identified by the underground drilling program. We look forward to reaching the target zone and being able to confirm the presence of commercial mineralization.”

This news release has been reviewed by Gayle Hanssen BSc. (Hons.) Geology, an independent geologist who is a qualified person (“QP”) as defined by Canadian National Instrument 43-101 and who has approved the technical information contained herein.

About Pambili Natural Resources Corporation: Pambili Natural Resources Corporation is a natural resources exploration and development company ( www.pambilinrc.com) currently active in Zimbabwe and in the province of Alberta.

For further information, contact:

Pambili Natural Resources Corporation

Jon Harris (CEO)

T: 403 277 4421

E: jon.harris@pambilinrc.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution regarding Forward-looking statements. Certain information set forth in this news release may contain Forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often, but not always, identified by words such as “believes”, “may”, “likely”, “plans”, or similar words. Forward-looking statements included in this news release include statements with respect to work to be done on the Corporation’s gold exploration and development projects in Zimbabwe. These Forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Corporation, including, but not limited to the impact of general economic conditions, industry conditions, currency fluctuations, and dependence upon regulatory approvals. The Corporation does not assume any obligation to update the Forward-looking statements to reflect changes in assumptions or circumstances other than as required by applicable law.

[NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES]
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