Montreal - Sphinx Resources Ltd. ('Sphinx' or the 'Corporation') (TSX-V: SFX) and SOQUEM Inc., a subsidiary of Ressources Quebec, are pleased to announce the analytical results of three (3) additional holes drill holes, out of a total of 29 holes drilled in January along the 1,500 m-long zinciferous zone.
Hole CS-19-22 intersected 3.2% zinc over 2.2 metres; Hole CS-19-23 intersected 3.6% zinc over 3.0 metres and Hole CS-19-26 intersected 4.9% zinc over 2.0 metres including an interval at 5% zinc over 1.0 metre.
The true thickness is estimated at 100% of the mineralized intersection length in all drill holes.
The analytical results of the 23 other drill holes performed in January 2019 are expected in the coming weeks.
Samples were analyzed by ALS in Val-d'Or, Quebec. The analytical process consisted of crushing, splitting and assaying using sodium peroxide digest finish with ICP AES finish. Sphinx applies industry-standard QA/QC procedures to the program.
SOQUEM, a subsidiary of Ressources Quebec, has a mission to encourage the exploration, discovery and development of mining properties in Quebec. SOQUEM also contributes to maintaining strong local economies. Proud partner and ambassador for the development of Quebec's mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well positioned for the future.
Sphinx is a mineral exploration company that focuses its activities in southwestern Quebec in search of deposits of base metals (zinc, copper, lead) and precious metals (palladium, platinum, gold and silver). Sphinx is particularly active in the MRC Pontiac where its President and Chief Executive Officer resides. It has a strong local shareholding that contributes towards social acceptability.
This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results and activities to vary materially from targeted results and planning. Such risks and uncertainties include those described in Sphinx's periodic reports including the annual report or in the filings made by Sphinx from time to time with securities regulatory authorities.
All forward-looking statements in this press release are made as of the date of this press release. Sphinx does not undertake to update any such forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
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